Samples of colored woolen yarn are seen at a factory in Axminster, U.K. (Photographer: Chris Ratcliffe/Bloomberg)
India’s textile exports to the U.S. have surged this year on a rebound in demand, helping the nation grab share from China.Total exports of yarn to household textiles to the U.S. jumped 46.4% over a year earlier in the first five months of the year to $4.5 billion (about Rs 33,000 crore), according to data by Otexa, U.S. Department of Commerce.That came as demand recovered in the U.S. after vaccination against Covid-19 picked up pace...