In the first nine months of fiscal ending March 31, 2024, total revenue at home textiles producer and exporter Welpsun Living reached Rs 72,084 million, up an impressive 19.7 percent year on year. “The flagship brand, ‘Welspun,’ maintains its position as the most widely distributed home textile
At the recently concluded Heimtextil 2024, the Export Promotion Council for Handicrafts (EPCH) supported 20 Indian home textile exporters spread across three halls at the exhibition. The India pavilion was inaugurated by BS Mubarak, Consul General of India, Frankfurt and Dr Beena, Development Commissioner (Handlooms). “It was a great opportunity for India to show its […]
In a research note on the Indian home textiles industry, ratings agency ICRA expects revenues of its sample report companies to increase 7-8 percent year on year to Rs. 21,500 crores in the ongoing fiscal. Additionally the ratings agency also expects operating margins to improve 250-350 bps in the current fiscal. ICRA’s sample of four […]