![Bullish growth prospects for Indian home textile exporters: ICRA](https://magarticles.magzter.com/articles/709/736437/612f0aad416b7/Bullish-growth-prospects-for-Indian-home-textile-exporters-ICRA.jpg)
These factors have driven a sharp surge in demand for home improvement products over the past one year, and the demand momentum is expected to sustain during Q2-Q4 FY2022, continuing on the trend of the past three quarters. ICRA’s sample set of companies (comprising four large, listed players, accounting for ~35-40% share in India’s home textile exports) are projected to clock a robust double-digit growth of ~20-25% in FY2022. This follows a subdued 5% growth in revenues reported by the sample in FY2021, primarily due to ~40% Y-o-Y dent in performance in Q1 FY2021; the sample grew by~25% Y-o-Y during the rest of the year. It is noted that the sample had reported ~18% Y-o-Y decline in operating income in Q4 FY2020 as well, as the pandemic had started affecting the key countries of export. However, even after adjusting the base for the same, Indian home textile exporters are estimated to have reported a healthy growth of ~15-20% in the nine-month period ended March 2021.
Denne historien er fra August 2021-utgaven av The Textile magazine.
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Denne historien er fra August 2021-utgaven av The Textile magazine.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
![Bullish growth prospects for Indian home textile exporters: ICRA](https://reseuro.magzter.com/100x125/articles/709/736437/612f0aad416b7/crp_Bullish-growth-prospects-for-Indian-home-textile-exporters-ICRA.jpg)
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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RAJAPALAYAM MILLS
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Sutlej: Leadership through Transformation
Green fibre project to enhance global competitiveness
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GANESHA ECOSPHERE expanding Recycled Polyester Staple Fibre capacity
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Speed by name and speed in performance…the brand new 2FAST rapier weaving machine from SMIT is built for ultimate productivity. Its compact design combines maximum output rates with quality and versatility. Made in Italy, it echoes the country’s traditions of speed in motorsports, with competitive performance that is also environmentally kind.
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TWINE SOLUTIONS Spearheading a revolution
A technology start-up that has developed a proprietary and revolutionary digital on-demand thread dyeing system and a digital dye-to-match colour application, Twine Solutions now has a partner in India to explore the growing textile industry even as it continues to develop new products and solutions for its global outreach strategy
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KUSTERS CALICO completes 25 years of Indian operations
Creates new benchmarks in the processing and finishing technology
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Quality, efficiency and good service - this is what makes BRÜCKNER successful in Turkey
The Turkish family-owned company ARIKAN Mensucat Industry and Trade Inc. was founded in 1993 and is located in Kahramanmaras, one of the southernmost cities of the country.
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NESTLING TECHNOLOGIES' i-Spin, a game changer in the spindle monitoring segment
‘i-Spin’ spindle monitoring system now gets added to Nestling Technologies’ portfolio. As such, a variety of analysis such as the whole year performance of the ring frame, lot-wise performance, etc. is now available instantly, which can be viewed from anywhere across the globe.
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Trützschler establishes the Trützschler Foundation
The Mönchengladbach-based family-owned Trützschler company has created a charitable foundation: the Trützschler Foundation. The Foundation’s main focus is on supporting children and young people with learning and education, sport and exercise, and science and research.