Healthy order inflows amid rising demand will lift the revenue of RMG exporters in India’s Tamil Nadu state by 8-10 per cent to $5.11 billion in this fiscal, CRISIL Ratings said.
Operating profitability will rise by 25-30 bps on better operating leverage, a 1-3-per cent rise in realisations and stable yarn prices.
The centre’s impetus and Bangladesh’s gas crisis would also benefit the industry.
Operating profitability will rise by 25-30 bps on better operating leverage, a 1-3-per cent rise in realisations and stable yarn prices.
The centre’s impetus and Bangladesh’s gas crisis would also benefit the industry.
