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Good tidings for textiles industry as experts see pick-up in production, exports - Vimarsana News

Good tidings for textiles industry as experts see pick-up in production, exports

"We are expecting a pick-up in production for the remainder of the year. Last year also, the turnaround happened post January," said a senior official who requested not to be identified. Textile production grew 3.7% year on year in September, as per Index of Industrial Production (IIP) data released a fortnight ago, outpacing the 1.6% uptake registered in August.

GDP growth likely to be around 8.3% in FY22: Brickwork Ratings - Vimarsana News

GDP growth likely to be around 8.3% in FY22: Brickwork Ratings

The impact of the third wave of Covid on economic momentum may lower growth in the second half of the current fiscal (H2FY22).