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India's apparel retail market to reach 176 billion dollars by FY30

India’s apparel retail sector is poised for a massive transformation, with the market expected to reach 16 lakh crore (176 billion dollars) by FY30, according to a report by CareEdge Ratings. Driven by the rapid rise of e-commerce, a burgeoning "value fashion" segment, and deep penetration into Tier-2 and Tier-3 cities, the industry is...

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