Indian leather sector revenue to decline 7-8% in Financial Year 23/24
Indian leather apparel and accessories sector’s revenue is expected to decline by 7-8 per cent in fiscal 2024 (FY24), mainly due to slowdown in consumer demand in the US and Europe, according to CRISIL Ratings. In the current fiscal, the leather apparel and accessories sector’s revenue is expected to be flattish, after a strong performance in the previous fiscal. [Leather apparel, accessories firms ... - The Economic Times]
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