India’s Textile Industry Continues to Attract New Investments, Despite Economic Difficulties

BANGALORE — After two subpar years interjected by demonetisation and rollout of the Goods and Services Tax (GST), India’s GDP growth is seen recuperating to a respectable 7.5% in the year 2018. However, this is still below the thirteen-year average._x005F_x000D_ _x005F_x000D_ As the country’s growth recovers, the Indian home textile manufacturing industry continues to attract investments. “CRISIL expects the 63...