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,...
By: adminComments Off on RISING YARN PRICES, LABOR SCARCITY THREATEN INDIA’S POSITION AS A LEADING GARMENT EXPORTER 
By: adminComments Off on THE STEEP HIKE IN COTTON AND YARN PRICES DRIVES UP THE PRICES AS HIGH AS 30%-40%
“The wholesale price of basic garments, like banian, has increased from ₹90 to ₹140 a piece in the last four months. But customers ask for the old rate. We cannot sell at such a low price and so they go back without buying anything,” says K. Selvaraj, president of the Gani market weekly textile traders’...
