Textiles, realty on revival path as business limps back to pre-Covid levels

Textiles: A case for cautious optimism Key sectors are on the path to recovery,with business activity limping towards pre-Covid levels. In the final part of the series, we are looking at the textile and real estate sectors: CRISIL expects textile firms to see gradual recovery in demand during FY22, as Covid worries ease and discretionary spending returns — as reflected in the recent festive sales. The industry’s revenue is expected to grow 40-45 per cent in FY22, after a sharp de-growth in FY21. Recovery will be across segments, including cotton yarn, readymade gar.....

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