Textile exports to remain strong amid global shifts, FTA negotiations with UK and EU will offer additional growth opportunities

New Delhi [India], September 3 (ANI): The Indian textile industry is set to experience developments in 2024, driven by improving demand in export markets, resilient consumer spending in key sectors, and favourable geopolitical conditions, according to the BK Securities report.

In the ready-made garments (RMG) sector, the demand offtake in export markets is anticipated to show substantial improvement in 2024.

While domesti