Despite demonetisation, Page Industries witnessed revenue growth of 18.7% YoY to ` 21,321mn in FY17. Implementation of GST will enable a shift from highly unorganized innerwear market leading to promising growth outlook for the organised market. Moreover, GST at 5% (for apparel below ` 1,000) is expected to have a positive impact on Page Industries' volume growth and market position since a majority of its products are priced below ` 1,000 per piece. Page Industries with its strong brand recall of Jockey is expected to lead the market shift towards organised and premium innerwear...