‘Exports of organic, BCI, fancy, and melange yarns will increase from India’
What are the major challenges faced by the companies with global operations? What is the situation of yarn manufacturing and its exports in India?
In case of basic yarns, the demand is same
but in case of fancy and Industrial yarns the demand is different from customer
to customer, depending on the end use. The major challenges are language
problem, trust, and follow up, sales after service, for which each company has
different modules of working. Like few Co’s have their own offices / representatives
and few Co’s have their counter parts / agents for this purpose.
It is getting more and tougher for the
industry due to various reasons. Demand is less in most of the export markets,
many buyers have started nominating for the fibers / yarns. Different qualities
of cotton fiber, like organic, BCI, Clean Cotton etc. being nominated by
different buyers and mills have to maintain stocks of these fibres and plan
their production accordingly. Buyers expect same yarn / fabric price for min
3-6 months from mills, though cotton fibre prices keep fluctuating.
Basic cotton yarn exports are on the down
trend. China buying has been
reduced a lot and Bangladesh
customers relying more on the domestic yarn spinners than importing from India. But in
case of BCI, organic cotton yarns, there is not much impact and buyers like
H&M, M&S, C&A etc. nominating more and more directly from the
Mills. Also, fancy / melange yarns, exports are increasing due to good demand
in the market.
Exports of Organic, BCI, Fancy, Melange
yarns will increase from India
and basic cotton yarns depend on the other market situations and cotton
fibre/yarn prices from India.
Published on: 14/06/2014
DISCLAIMER: All views and opinions expressed in this column are solely of the interviewee, and they do not reflect in any way the opinion of Fibre2Fashion.com.