Report, Retail News, ET Retail

The apparel costs are probably to continue being gentle in the 2nd fifty percent of 2020-21 even as the section is in a recovery mode, in accordance to a report.

The apparel section Wholesale Price tag Index recovered to pre-COVID-19 levels in November 2020, led by the festive and relationship year demand, India Ratings and Analysis mentioned in a report on Friday.

Having said that, Ind-Ra ongoing to be expecting apparel costs to continue being benign in the 2nd fifty percent of 2020-21, primary to inventory liquidation.

In the meantime, Ind-Ra noted that the demand for blended fabrics recovered in November 2020 and was 20 for each cent higher from the same period of the previous 12 months, led by the festive and relationship year demand.

Cotton knitted fabrics creation improved for the fifth thirty day period in a row in November 2020, led by a surge in demand from

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