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2026-05-28 05:28:41 -

Textile MSMEs Expected to Face Slower Revenue Growth and Margin Pressure in FY27: CRISIL Intelligence

The readymade garment (RMG) industry, dominated by MSMEs, is expected to record revenue growth of 4–6 per cent in FY27, reaching ₹5.7 trillion. This compares with growth of 6–8 per cent in FY26. CRISIL Intelligence noted that higher realisations and recovery in RMG exports are likely to support growth during the financial year. However, profit margins are projected to decline by...

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