The shortage and expanding costs of crude cotton have represented a significant test to the working of the material business in Coimbatore, Tamil Nadu. Some affiliation individuals said that the high cotton costs risked the circumstance of the material business this year while others recommended that cotton ought to be imported to handle the issue of its shortage here.
Addressing ANI, T Rajkumar, Chairman, Confederation of Indian Textile Industry said, “Industry performed well however high cotton costs imperiled situation this year.”The scarcity and increasing prices of raw cotton have posed a major challenge to the functioning of the textile industry in Tamil Nadu’s Coimbatore.
