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Karur Textile Sector Struggles Amid Rising Cotton Yarn pricesThe textile industry in Karur is facing challenges with a sharp rise in the price of cotton yarn and higher raw material costs due to geopolitical tension in West Asia. According to industry sources, the textile manufacturers in Karur source cotton yarn from the mills in Coimbatore, Dindigul, Virudhunagar, and Vellakoil. Textile manufacturers and exporters believe that the price rise is highly...0 Reacties 0 aandelen 158 Views 0 voorbeeld
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Odisha Approves US $13 Million Yarn Unit to Advance Cotton-to-Yarn IntegrationThe Odisha government has approved an investment of Rs 124 crore (US$13.17 million) to set up a yarn manufacturing unit in Balangir district. The project will be developed by Shree Ambica Cotspin Pvt Ltd, a 27-year-old textile firm. Experts noted that the new unit will help bridge this gap by enabling forward integration from cotton ginning to yarn production within the state. Despite...0 Reacties 0 aandelen 278 Views 0 voorbeeld
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