India’s apparel exports saw muted growth as US demand weakened, while EU recovery and FTAs offer support ahead. India’s apparel exports grew by a modest 1.5…
Browsing: ICRA report
Zero-duty access to boost India’s competitiveness in EU market. Indian textile and apparel exporters are set to gain a major competitive advantage in the European market…
RSWM has grown into a prosperous textile hub and has established a dominant position in the Indian textile space. RSWM has made a major announcement. The…
In 2020 alone, Asia Pacific accounted for 51 per cent of the global textile market, making it the largest region. India is the second-largest manufacturer and exporter of textile and clothing in the world, with a 5 per cent share of global trade.
Improving consumer confidence levels, pick up in discretionary spending and opening up of economies are assisting Indian textile companies to tide over the COVID 19 pandemic with continued rise in demand.