Moneycontrol PRO
you are here: HomeNewsOpinion

Resurgent COVID-19 may not upset home textile exports growth, but rising costs a worry

Healthy order book and market share gains in US imports of cotton made-ups will help home textile exporters maintain growth momentum

December 06, 2021 / 09:35 AM IST
Resurgent COVID-19 may not upset home textile exports growth, but rising costs a worry

Representative image

Stay-at-home consumers spurred demand for household goods in the developed countries during the pandemic, benefiting companies such as home textile exporters. India’s home textile exports grew at a healthy pace in FY21---they were up 9 percent. The growth gathered pace this year, as retailers moved to build inventories and the hospitality industry reopened from lockdowns. The latest COVID-19 variant Omicron, and the resultant restrictions, may pose headwinds to demand. However, it need not upset the industry’s growth trajectory in a...

  • PRO Panorama

    Moneycontrol Pro Panorama | Dizzy valuations of startups face a litmus test

    Jan 24, 2022 / 03:26 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Mphasis sitting pretty, Yes Bank on the mend, ICICI Bank’s pitch for rerating, Budget Chart of the Day, the Eastern Window and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers