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Indian textile sector showing signs of recovery
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Indian textile sector showing signs of recovery

Views:1     Author:Site Editor     Publish Time: 2021-01-22      Origin:Site

The COVID-19 pandemic had its adverse effect on the sales of the Indian textiles and apparel industry, with overall sales dropping by 36 per cent in H1 FY21 compared to that in H1 FY20. In Q2 FY21, however, there have been signs of a remarkable recovery, with the average EBIDTA percentage recovering by 7.4 percentage points from Q1 FY21 to Q2 FY21.


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