Related Keywords: competitiveness in apparel export, current financial year, India Ratings and Research report, Indian textile sector, lower input cost, outlook for cotton yarn exporters is negative, robust domestic demand, slowdown in demand, stable outlook, synthetic textile sector outlook negative
The Indian textile sector has a stable outlook on the account of lower input costs, robust domestic demand and competitiveness in apparel exports in the current financial year, according to report by India Ratings and Research (Ind-Ra).
However, the outlook for cotton yarn exporters is negative due to a slowdown in demand for yarn particularly from China, leading to softer yarn realizations and lower capacity utilization, the report added.
