Yarn mills set to spin a robust tale, but surging cotton prices could play spoilsport
Although the second wave of the pandemic snapped the uptrend, mill owners are now confident of a resurgence in export demand
June 22, 2021 / 12:01 PM IST
Cotton yarn mills are all set to spin an upbeat narrative. With the COVID-19 state lockdowns being eased, mills are ramping up operations to cash in on rising demand from readymade garments and home textiles units that are reportedly flush with export orders.
In fact, the going was good for cotton textiles even in the bounce back from the first wave of the pandemic. Overseas demand from markets such as the US and Europe improved at a rapid pace, from...