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India’s Textile Exports Turn Costlier On Higher Input Prices
Textile and apparel shipments from India have turned costlier as demand spiked and input prices rose.
18 Jun 2021, 04:38 PM IST
Textile and apparel shipments from India, the world fifth-largest supplier, have turned costlier as demand spiked and input prices rose.Exporters say prices are up 10-25% on various categories. The U.S. has driven consumption of apparel and home textiles as the world’s largest economy recovers from the pandemic. And the price of benchmark Shankar 6 cotton rose from an average of Rs 33,850 a candy in June last year to Rs 50,300 a cand...
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