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Rise in Chinese yarn imports creates opportunity for India

31 Oct '12
3 min read

Mr Sharda informs, “Keeping cotton yarn exports at current growth levels will fully depend on the stability of the Indian rupee against the US dollar. Many mills have lost money because of the volatility of the last few months. Although, I will admit that this is a very good opportunity for Indian cotton yarn exporters”.

Speaking about competition from Pakistani cotton yarn exporters, Mr Sharda said, “The Pakistani spinners have expertise in coarser and medium counts, due to the very nature of the cotton available in Pakistan, which will give them an edge, while Indian spinners will score on the finer counts”.

Fibre2fashion News Desk - India

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