Textile Industry optimistic about revival

The textile industry in India is optimistic for an early revival of growth. According to a CII Industry and Economic Update, sales and profitability of the sector, especially mills and Textile & Clothing units, could improve from the lows of 2008, as some fabric and garment production units have reported a modest pick-up in international demand.

Online PR News – 15-September-2009 – – The textile industry in India is optimistic for an early revival of growth. According to a CII Industry and Economic Update, sales and profitability of the sector, especially mills and Textile & Clothing units, could improve from the lows of 2008, as some fabric and garment production units have reported a modest pick-up in international demand. This is expected to translate into higher demand for spun yarns.

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