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The global hosiery market (socks, tights and pantyhose and nylons) is expected to grow at a compound annual growth rate of around four per cent in the next four years.

The global hosiery market (socks, tights and pantyhose and nylons) is expected to grow at a compound annual growth rate of around four per cent in the next four years.

India’s spun yarn exports in July 2016 plunged 36 per cent in volume terms and value terms. Indian spinners faced a fall in their margins and found it difficult to compete on the international market.

In July 2016, 83 countries imported spun yarn from India, with Bangladesh at the top, accounting for 18 per cent of the total value with imports rising 24 per cent year on year in terms of volume and 22 per cent in value. China ranked second in July and accounted for around 18 per cent of all spun yarn exported from India. Peru was the third largest importer of spun yarns. These three top importers together accounted for around 42 per cent of all spun yarns exported from India in July.

Indo Count Retail Ventures P Ltd (ICRVL)?a subsidiary of Indo Count Industries Limited (ICIL)?has forayed its entry into Rs 13,000 crore domestic bed linen market with the launch of ?Boutique Living?, a range of bed linen products.