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INDIAN APPAREL INDUSTRY IS ON GROWTH TRACK -THANKS TO COMPANIES’ RESILIENCE AND ADAPTATION TO THE GLOBAL PACE

India has held superiority in the textile and apparel industry since decades, but the sector experienced a temporary dent between 2020 and early 2021 due to the widespread pandemic. It only required a mere push for India amidst globally reviving economic conditions and the country made sure to catch hold of the positivity and healthy...

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INDIA’S TEXTILE INDUSTRY REVENUE SEES PHENOMENAL GROWTH WITH 85% RISE IN FY’22: WAZIR ADVISORS

India’s textile industry saw phenomenal sales and EBITDA growth in FY22 over pre-COVID levels, shows latest Wazir Textile Index compiled by Wazir Advisors for the year FY22. The index based on the analysis of 10 companies highlights, overall grew by 18 per cent Y-o-Y since 2020. Welspun India recorded highest sales at Rs 5,956 crore...

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