How to change the output color of echo in Linux

Question

I am trying to print a text in the terminal using echo command.

I want to print the text in a red color. How can I do that?

Answer 1

I have just amalgamated the good catches in all solutions and ended up with:

cecho(){
    RED="\033[0;31m"
    GREEN="\033[0;32m"
    YELLOW="\033[1;33m"
    # ... ADD MORE COLORS
    NC="\033[0m" # No Color

    printf "${!1}${2} ${NC}\n"
}

And you can just call it as:

cecho "RED" "Helloworld"