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India likely to slip into recession in FY21 3rd quarter

India likely to slip into recession in FY21 3rd quarter

by TEXTILE VALUE CHAIN | May 28, 2020 | Industry And Cluster, News & Insights

India is likely to slip into recession in the third quarter of this fiscal as income and job losses and consumer concerns will delay recovery in demand even after the pandemic, according to Dun & Bradstreet’s latest Economic Observer, which said economic...
India only smartphone market amongst the top 3 to see growth in the January-March quarter: IDC

India only smartphone market amongst the top 3 to see growth in the January-March quarter: IDC

by TEXTILE VALUE CHAIN | May 9, 2020 | Industry And Cluster, News & Insights

India only country among top 3 markets to see some growth India’s Smartphone market grew 1.5% year-on-year to 32.5 million units in the January-March 2020 quarter, according to the data released by IDC. However, even though the pace of growth was tepid, India was the...

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