Rising cotton prices are set to hit profit margins of textile and apparel players due to their inability to pass on the high production cost on to consumers as seasonal
Rising cotton price to hit margins of textile companies
Cotton, the key raw material for textile and apparel production, has become costlier by 6 per cent in March alone
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India’s cotton textile exports have jumped 12 per cent between April 2018 and February 2019
First Published: Mar 30 2019 | 11:22 AM IST
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