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revenue growth: Indian hosiery sector stitches up revenue growth of Rs 36,000 cr, 18-20% higher on-year

Notably, the Comprehensive Economic Partnership Agreement signed by the government with UAE could boost textile segment exports, especially of hosiery. Tailwinds from the agreement could add 2-3% to hosiery exports from the historical level of 10%. That said, revenue growth would be higher than the 18-20% expected, were it not for a 15-17% fall in realisations that saw a significant uptrend in the past two fiscals.

Himank sharmaRahul guhaEconomic partnership agreementComprehensive economic partnership agreementRevenue growthRural demandComprehensive economic partnershipIndian hosiery

Indian hosiery sector stitches up revenue growth of Rs 36,000 cr, 18-20% higher on-year, ET Retail

Indian Hosiery: Notably, the Comprehensive Economic Partnership Agreement signed by the government with UAE could boost textile segment exports, especially of hosiery. Tailwinds from the agreement could add 2-3% to hosiery exports from the historical level of 10%. That said, revenue growth would be higher than the 18-20% expected, were it not for a 15-17% fall in realisations that saw a significant uptrend in the past two fiscals.

Imagethe indianHimank sharmaRahul guhaEconomic partnership agreementRepresentative imageRepresentative imagethe indianComprehensive economic partnership agreementIndian hosieryRural demandComprehensive economic partnershipRahul guhaHimank sharmaRevenue growth

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