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Hit hard by pandemic, textiles now showing signs of recovery By: Click to explore our newest AI enabled Analytics. Share
In H1 FY 21, sales and EBIDTA of the Indian textiles and apparel industry saw a drastic drop. With Q2 FY21, however, there have been signs of a remarkable recovery.
The covid-19 pandemic had its adverse effect on the sales and profits in the textiles sector. The Wazir Textile Index (WTI) saw a drastic drop in sales and EBIDTA in H1 FY21 owing to the pandemic.