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Apparel production to fall 10-12% in Apr-Jun: KPMG
India’s textiles and apparel sector production is expected to decline by 10-12 per cent in the April June quarter owing to the coronavirus pandemic, according to a study by KPMG in India.
2016: The year that was
The Index of Industrial Production (IIP), which provides quick estimates of the performance of key industrial sectors, started resurrecting upward movement during FY2015-16. As per IIP, the industrial sector broadly comprises of mining, manufacturing and electricity. In FY2015-16, IIP growth of T&C was bracing and it outstripped the growth of overall manufacturing and general IIP.
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