Tag: icra
Textile sector to recover to pre-COVID levels by FY2022
ICRA, a leading rating agency, said that the textile industry’s performance will go back to pre-COVID levels in the next fiscal year owing to increase ... Read More
Rupee’s low: Exports gain, imports drain
Meanwhile, a FICCI survey says “the Indian economy is expected to grow at 7.4 per cent in the current fiscal, higher than the previous year. Read More
Recovery for spinners picks up
Indian spinners are likely to see a gradual performance recovery beginning 2017-18 last quarter after facing multiple problems over the last several quarters that resulted ... Read More
It’s a gold for Indo Count!
Indo Count Industries Limited, one of the leading manufacturer and exporter of bed linen and home textiles in India, has won the prestigious gold trophy ... Read More
Apparel exports continue to remain volatile: ICRA
India’s apparel exports continue to remain volatile and unencouraging with the global apparel trade not showing any signs of uptick amid subdued demand trends in ... Read More
Exporters WALKING a tightrope!
India’s textile exporters are finding their competitive edge getting blunt and profit margin thinner, thanks to a weak dollar, demonetisation after-effect and stiff competition from ... Read More
Will GST rate at 12% hit textile industry?
ICRA, an Indian independent and professional investment information and credit rating agency, opines that a 12 per cent (lower rate) recommended by the Dr Arvind ... Read More