India may face cotton shortage due to covid
Indiaâ€™s entire domestic supply chain of cotton is getting affected due to Covid-19. According to King Mukherjee, President and Founder, Global Impex USA, this is referred to as â€˜Tsunami Covidâ€™.
domestic supply chain of cotton is getting affected due to Covid-19. According
to King Mukherjee, President and Founder, Global Impex USA, this is referred to
as â€˜Tsunami Covidâ€™. King Mukherjee also said that people were not wearing masks
or following social distancing which caused a sudden rise in the cases. He also
said that Asiaâ€™s outbreaks are affecting global supply chains which could
further lead to inflation in the USA.
The virus has
impacted the entire domestic supply chain in India and the prices of cotton are
at their highest, said Sarvesh Jain, Representative, Mamta Global Trading. Cotton will soon become a part of those
commodities which would become harder to obtain in the future like gas,
microchips, steel, and others.
Mike Sanders, National Marketing Manager, Akron, Ohio-based business Schott
Textiles, if the countries see another lockdown, a shortage of supply will take
place. He added that the number of workers in the fields will go down and there
will be fewer people to run the looms.
that the supply from India is expected to go down drastically in the near
future, which will further cause a rise in the prices. He feels that there will
be a big shortage in another 3 to 6 months and was worried about the cyclone
that has hit Gujarat. The supply chain, factory production, and cotton supplies
are greatly affected by cyclone Tauktae.
Source â€“ Knitting Industry