India’s textile sector is entering a multi-year growth phase, with the global “China+1” sourcing shift creating opportunities for the country to expand exports and gain market share, according to a Jefferies report.
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India’s organised apparel retail sector is expected to record revenue growth of 12-13% this fiscal, slightly lower than the 15% growth reported last fiscal, as consumers diversify discretionary spending beyond apparel, according to an analysis by Crisil.
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Avenue Supermarts Ltd, which operates the D-Mart chain of hypermarkets, has raised Rs 300 crore through the issuance of commercial papers, according to a regulatory filing by the company.
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Textile manufacturer SVP Global Textiles has reported a consolidated net profit of Rs 45.62 crore (US $4.78 million) for FY 2025-26, marking a sharp turnaround from a consolidated net loss of Rs 979.54 crore (US $102.56 million) in the previous fiscal.
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Digital-first fashion and lifestyle brand Theater has raised Rs 56.25 crore (around US $6 million) in a Series A funding round led by Niveshaay, with participation from FirstPort Capital, Skagen Ventures and other investors.
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Apparel brand and manufacturer, Zodiac Clothing Company has reported a standalone net loss of Rs 31.16 crore (US $3.26 million) for FY 2025-26, narrowing from Rs 40.31 crore (US $4.22 million) in the previous fiscal.
