The US ban on cotton from Xinjiang has led China to import more cotton from other countries such as Vietnam and India. As a result, India’s exports to China increased significantly in Q4 FY21 and share of China in Indian exports increased to 25% in FY21 (from 22% in FY20). In FY22, the momentum in export growth is estimated to be higher due to revival in global economy along with ongoing restrictions on Xinjiang region produced cotton and possible similar restrictions from other countries such as UK, says Anuj Sethi, Senior Director, CRISIL Ratings, in this interview.
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Cosmo Films Limited declared its financial results for the quarter ended June 2021 with 53% increase in EBITDA due to higher speciality sales (20% growth), better operating margins and great performance by subsidiaries.
Cosmo Films Limited declared its financial results for the quarter ended June 2021 with 53% increase in EBITDA due to higher speciality sales (20% growth), better operating margins and great performance by subsidiaries.
In this interview with Rakesh Rao, Maj Gen OP Gulia, SM, VSM (retd) CEO of SVP Global Ventures Ltd highlights on the company’s forward integration plans and use of artificial intelligence in textile manufacturing.
In this interview with Rakesh Rao, Maj Gen OP Gulia, SM, VSM (retd) CEO of SVP Global Ventures Ltd highlights on the company’s forward integration plans and use of artificial intelligence in textile manufacturing.
In this interview with Rakesh Rao, Maj Gen OP Gulia, SM, VSM (retd) CEO of SVP Global Ventures Ltd highlights on the company’s forward integration plans and use of artificial intelligence in textile manufacturing.
Jobs of hundreds of employees at the National Textile Corporation’s Vijayamohonini mills as well as four other mills in the State are at stake as raw materials are yet to be supplied.