by TEXTILE VALUE CHAIN | May 7, 2024 | Finance & Economy, News & Insights
Due to a gas shortage and fluctuating dollar markets, investment in the spinning sector in Bangladesh has slowed down over the past two years. Despite an increasing demand for local fabrics, no new spinning units were established last year. Garment exporters are now...
by TANVI_MUNJAL | Oct 26, 2023 | Finance & Economy, News & Insights
Spinning mills in Gujarat are currently finding themselves caught in the midst of a turbulent situation, grappling with rising costs and decreasing demand for their products both at home and abroad. Despite a slight reduction in cotton prices, they still remain higher...
by TANVI_MUNJAL | Oct 11, 2023 | Business & Policy, News & Insights
The anticipated growth of the spinning machinery market is projected to reach USD 1.81 billion from 2022 to 2027. Nevertheless, the market is expected to see a steady development trajectory with a compound annual growth rate (CAGR) of 5.81% over the projected period....
by Manali bhanushali | Dec 10, 2020 | News & Insights
In May 2020, 10 central trade unions jointly wrote twice to Guy Ryder, the director general of the International Labour Organisation, drawing attention to the plight of migrant workers during the COVID-19 crisis as well as the government’s dilution and suspension of...
by TEXTILE VALUE CHAIN | Jun 11, 2015 | Research/ Review Paper, Textile Articles
– Sanjay K Jain, President NITMA In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted...
