Jayanta Roy

Rating agency ICRA on Wednesday said the textile industry's performance will recover to pre-Covid levels in the next fiscal on account of boost in demands from domestic as well as export markets. The agency assigned outlook for the sector as "stable" for FY2022. The recovery in the domestic...

Indian apparel exporters are likely to see a decline of 20-25 percent in their turnover in 2020-21, while those focused on domestic market are expected to witness a 30-40 percent decline in revenue due to the COVID-19 pandemic, rating...