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The Southern India Mills’ Association

Committed to Foster the Growth of the Textile Industry

CHAIRMAN’S MESSAGE

Mr. Ashwin Chandran

Chairman & Managing Director,
Precot Meridian Limited.

The future for the Indian textile industry looks promising, buoyed by both strong domestic consumption as well as export demand as China is drifting away from textile manufacturing activities. With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with the entry of several international players like Marks & Spencer, Guess and Next into the Indian market.

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