{"id":14031,"date":"2024-06-14T15:52:39","date_gmt":"2024-06-14T15:52:39","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=14031"},"modified":"2024-06-14T15:52:39","modified_gmt":"2024-06-14T15:52:39","slug":"textile-apparel-sector-confident-of-doubling-biz","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/","title":{"rendered":"Textile &#038; apparel sector confident of doubling biz"},"content":{"rendered":"<p>Nearly three-fourths of the textile and apparel firms are confident about doubling their businesses in the next five years considering the positive trend prevailing in the export market in the post-Covid business <a href=\"https:\/\/exam.pscnotes.com\/environment-notes-for-state-psc-exams\">Environment<\/a>, revealed a survey conducted by the Indian Texpreneurs Federation (ITF).<\/p>\n<p>As many as 257 companies across the state participated in the survey, which was conducted to understand the <a href=\"https:\/\/exam.pscnotes.com\/growth\">Growth<\/a> aspirations of the textile and apparel sector. About 76% of the firms were confident of doubling the current business in three to five years with the new  cycle. This shows a positive change in the business environment of <a href=\"https:\/\/exam.pscnotes.com\/tamil\">Tamil<\/a> Nadus textile and apparel sector.<\/p>\n<p>Roughly 40 or 16% of the companies surveyed, showed keen interest to explore the <a href=\"https:\/\/exam.pscnotes.com\/ipo\">IPO<\/a> option. While the market capitalization of Indian <a href=\"https:\/\/exam.pscnotes.com\/equity\">Equity<\/a> markets crossed Rs 240 lakh crore, the combined market cap of listed companies in the textile and apparel sector is only 2.2 lakh crore. The <a href=\"https:\/\/exam.pscnotes.com\/capital-market\">Capital Market<\/a> is growing at a rapid pace and the textile sector is also getting a lot of interest and attention from investors with valuations rallying upwards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nearly three-fourths of the textile and apparel firms are confident about doubling their businesses in the next five years considering the positive trend prevailing in the export market in the post-Covid business Environment, revealed a survey conducted by the Indian Texpreneurs Federation (ITF). As many as 257 companies across the state participated in the survey, &#8230; <a title=\"Textile &#038; apparel sector confident of doubling biz\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/\" aria-label=\"Read more about Textile &#038; apparel sector confident of doubling biz\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1100],"tags":[1040],"class_list":["post-14031","post","type-post","status-publish","format-standard","hentry","category-tamilnadu","tag-28-09-21"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Textile &amp; apparel sector confident of doubling biz - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Textile &amp; apparel sector confident of doubling biz\" \/>\n<meta property=\"og:description\" content=\"Nearly three-fourths of the textile and apparel firms are confident about doubling their businesses in the next five years considering the positive trend prevailing in the export market in the post-Covid business Environment, revealed a survey conducted by the Indian Texpreneurs Federation (ITF). As many as 257 companies across the state participated in the survey, ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/\" \/>\n<meta property=\"og:site_name\" content=\"Current Affairs Exam\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T15:52:39+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Textile & apparel sector confident of doubling biz - Current Affairs Exam","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/","og_locale":"en_US","og_type":"article","og_title":"Textile & apparel sector confident of doubling biz","og_description":"Nearly three-fourths of the textile and apparel firms are confident about doubling their businesses in the next five years considering the positive trend prevailing in the export market in the post-Covid business Environment, revealed a survey conducted by the Indian Texpreneurs Federation (ITF). As many as 257 companies across the state participated in the survey, ... Read more","og_url":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/","og_site_name":"Current Affairs Exam","article_published_time":"2024-06-14T15:52:39+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/","url":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/","name":"Textile & apparel sector confident of doubling biz - Current Affairs Exam","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website"},"datePublished":"2024-06-14T15:52:39+00:00","dateModified":"2024-06-14T15:52:39+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/textile-apparel-sector-confident-of-doubling-biz\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/current-affairs\/"},{"@type":"ListItem","position":2,"name":"Textile &#038; apparel sector confident of doubling biz"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#website","url":"https:\/\/exam.pscnotes.com\/current-affairs\/","name":"Current Affairs Exam","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/current-affairs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/current-affairs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/current-affairs\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/14031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=14031"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/posts\/14031\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=14031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=14031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=14031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}