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The Economic Times
The Economic Times
Business

Apparel retail growth to moderate to 13 pc in FY27 as consumers diversify spending: Report

India's organised apparel retail sector is projected to grow 12-13 per cent this fiscal, moderating from the 15 per cent growth recorded in the previous year, as consumers increasingly spread discretionary spending across categories beyond clothing, a report said on Thursday.

Revenue growth has been broadly steady so far in the high single digits between April and August 2026, but has largely been driven by the value-fashion segment, Crisil Ratings said in the report.

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