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Icra Forecasts 8-9% Growth For India’s Apparel Exports In FY25

The rating agency Icra has said that India’s apparel exports are likely to grow by 8 to 9 per cent in the financial year (FY) 2025, benefitting from the low base and with replenishment of stock in the United States (US) and the European Union (EU) regions. Following the tepid demand environment in FY24, Icra […]

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Arvind Sees Fifth Straight Revenue Decline, Inflation & Denim Demand Weigh On Sales

Indian retailer Arvind on Tuesday revenue a revenue dip for the fifth consecutive quarter. Low woven product pricing and decreasing denim demand have affected the market. The Bengaluru-based firm, which owns and licences brands like as Tommy Hilfiger and Calvin Klein, said its consolidated revenue from operations declined 4.6 per cent to 18.8 billion rupees in […]

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Indian Cotton Yarn Industry To See Volume Jump, Exports Soar 85-90%: Report

Talking about the domestic cotton spinning industry, the rating agency Icra in a report has said that the demand for the industry is likely to improve by close to 12-14 per cent in volume terms in FY2024 every year. The report added that yarn exports are likely to increase by a sharp 85 to 90 […]

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