Indian RMG sector's growth slows to 4-6% in FY24-25 as domestic demand weakens, exports rebound, reveals CRISIL Ratings.

The article discusses a projected slowdown in revenue growth for India's readymade garments (RMG) industry, which is expected to moderate for fiscal year 2024-25, compared to the previous fiscal. Topics include the anticipated impact of domestic demand, the expected rebound in exports, and the industry's previous fiscal performance, including revenue growth driven by domestic sales despite a decline in export revenue.