Anandam Manufacturing Company: Decision Based on Analysis of Financial Statements By Dennise Demers Champlain College: MBA-521-85: Decisions, Analysis, & Perf.
Based on the information that has been provided by the Anandam Manufacturing Company there appears to be promise in the overall Indian garment manufacturing sector.
The industry average of the key ratios reported in the financial analysis illustrated that the financial performance in textile segment companies were reasonably constant and stable.
In the past three years the growth of the textile market in India showed growth of over 14.58%. It has also been anticipated by a textile industry expert that the export of garments from India will reach $60 billion within the next three years.
Analysts believe that the domestic and export demands will lead the Indian garment sector to
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