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India invests in cotton textiles
May 1st, 2008
From 2000 B.C., India has made art and commerce out of cotton textiles, and it is this expertise that may lead India’s resurgence in exports of high-end cotton textiles, knitwear and hosiery, according to Hari Sud, former vice president of C-I-L Inc. and investment strategies analyst. China is the world’s largest cotton producer, but Sud […]
Increased cotton prices impact India’s textile industry
May 1st, 2008
The textile industry in Tamil Nadu, India, underwent a serious crisis this spring. Operations were paralyzed due to a sharp rise in cotton prices and an acute power shortage, Southern India Mills Association reports. Mills there usually procure the required cotton from November to February each year to produce yarn, but this year the mills […]