Tag: crisil ratings
Crisil anticipates margin to unspool 800-900 bps for cotton yarn spinners
High raw-cotton prices, lower exports and utilisation reasons; credit outlook stable A troika of headwinds —elevated domestic cotton prices, lower exports and capacity utilisation — ... Read More
Apparel retailers to stitch 21-23% revenue growth this fiscal
Operating margin to expand, but inflation to limit it below pre-pandemic levels A combination of strong same-store sales, new store launches and higher contribution from ... Read More
Indian home textiles industry’s unstoppable boom
The need for home textiles has increased as the world has begun to adopt hygienic measures post-Covid. This, according to Divya Shetty, presents a big ... Read More
Exports have gained momentum in FY22
The US ban on cotton from Xinjiang has led China to import more cotton from other countries such as Vietnam and India. As a result, ... Read More
Indian home textiles industry banking on exports
Business from overseas markets has been a major contributor to the growth of Indian home textiles industry. Covid 19 and the US-China spat can be ... Read More
Work from home aids recovery of home textiles market
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 ... Read More