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RISING YARN PRICES, LABOR SCARCITY THREATEN INDIA’S POSITION AS A LEADING GARMENT EXPORTER

At Rs 1 lakh for a single candy, cotton yarn prices are making a bigger hole in yarn spinner’s pocket than they did 18 months ago. The rise in prices is incapacitating small and medium-scale garment exporters, who now have to pay Rs 30 to Rs 50 more for a kg of yarn, says Krish,...

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