Higher in-home consumption due to increased stay-at-home period and a sharper focus on health and hygiene amid the pandemic are helping Indian home textile exporters weave their way out of the downturn faster than other textiles segments. Revenue de-growth for home textile exporters will be limited to 10-12% this fiscal compared with 30-35% for the overall textile sector, indicates a CRISIL analysis of 50 companies that account for over 60% of India’s home textile exports. Lower revenues would hurt operating margins.
Diese Geschichte stammt aus der January 2021-Ausgabe von The Textile magazine.
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Diese Geschichte stammt aus der January 2021-Ausgabe von The Textile magazine.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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Bullish growth prospects for Indian home textile exporters: ICRA
Riding high on pandemic-induced lifestyle changes stemming from heightened consciousness about hygiene and increased prevalence of stay-at-home options, Indian home textile exporters are set to register robust performance during FY2022.
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