Indian apparel exporters are expected to see 9-11 per cent revenue growth in FY25, driven by retail inventory liquidation and global sourcing shifts to India, according to ICRA.
Despite FY24 challenges from high inventory, sluggish demand, and competition, long-term prospects remain positive.
Government initiatives like the PLI scheme and free trade agreements will further boost growth.
Despite FY24 challenges from high inventory, sluggish demand, and competition, long-term prospects remain positive.
Government initiatives like the PLI scheme and free trade agreements will further boost growth.
