The Indian home textile industry’s revenue is envisaged to grow by 8-10 per cent in FY25, while operating margins are expected to be in the 14-15-per cent range, Care Ratings said.
The global home textile industry, valued at $122 billion in 2023, is envisaged to reach $134 billion by the end of 2024, and expected to grow at a CAGR of 5-5.5 per cent to around $185 billion by 2030.