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VERIFIEDET Finance·neutral

India’s organised apparel retail revenue to grow 12-13% in FY27, margins may shrink: Crisil

AI Summary
  • ·Organized apparel retail revenue in India is projected to grow 12-13% in FY27.
  • ·Growth will be driven by demand for value fashion and expansion into smaller urban areas.
  • ·Operating margins may shrink to around 14% due to rising costs.
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