India year-end review 2024: Catching up in Asian competition

India’s real GDP grew 8.2 per cent in FY24, driven by stable consumption and investment.
The 2024-25 budget focused on the textile sector with increased allocations and reduced customs duties.
Despite global challenges, exports rose in Q1 FY25.
Tiruppur saw recovery, with large orders from global players.
New BIS certification for medical textiles starts in October 2024.Read More