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Indian hosiery sector stitches up revenue growth of Rs 36,000 cr, 18-20% higher on-year, ET Retail - Vimarsana News

Indian hosiery sector stitches up revenue growth of Rs 36,000 cr, 18-20% higher on-year, ET Retail

Indian Hosiery: Notably, the Comprehensive Economic Partnership Agreement signed by the government with UAE could boost textile segment exports, especially of hosiery. Tailwinds from the agreement could add 2-3% to hosiery exports from the historical level of 10%. That said, revenue growth would be higher than the 18-20% expected, were it not for a 15-17% fall in realisations that saw a significant uptrend in the past two fiscals.

'Growing demand to help Indian food, beverage packaging industry to reach USD 86 bn by 2029', ET Retail - Vimarsana News

'Growing demand to help Indian food, beverage packaging industry to reach USD 86 bn by 2029', ET Retail

India's food and beverage packaging industry is expected to reach $86bn by 2029, driven by rising disposable incomes, evolving consumption patterns and urbanisation, according to the All India Food Processors Association. Chairman Prabodh Halde said the industry was moving towards health foods and sustainable packaging, with natural, organic, vegan and GI-tagged products reshaping the landscape.