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.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.
RMG exporters in India’s Tamil Nadu to see 8-10% FY25 revenue growth
