BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
The Home Textile industry witnessed a strong demand revival during Q2 FY21 on high demand from big retailers (selling essentials), who saw their inventory pipeline running dry due to a demand recovery, lower channel inventory, and precautionary buying by big retailers during the Covid-19 pandemic.
Increasing geopolitical tensions between the U.S. and China and global companies intending to establish an alternate sourcing destination are likely to benefit Indian textile players going forward.
Apparel/Fabric/Yarn players are next in line to benefit from a paradigm shift in demand to India, huge build-up of pent-up demand and benign raw material prices.
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