'
Indo Count Industries hosted a conference
call on November 08, 2024. In the conference call, the company was represented
by Mr Kailash R
Lalpuria-CEO and Mr Muralidharan -CFO.
Key
takeaways of the call
US retail market has shown a positive shift
with retail sales picking up in September after a slower pace in previous
months. While the sector has faced some challenges due to ongoing supply chain
and logistic issues. The company remain encouraged by the resilience of the
market especially with the holiday season approaching. Imports of bed linen to
US from India continue to rise signalling sustained demand from retailers and
Omni channel players despite temporary obstacles.
The Indian government’s continued focus on
enhancing international trade and the Indian economy positioning for a long
term growth in the textile sector is positive. Free trade agreements with key
markets such as Australia and UAE along with the g...
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