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Cotton yarn (HS code: 5205) exports of India amounted to 101.1kt in May, according to the latest data, up 75.71% on the year and 13.34% on the month. Bangladesh became the largest export destination. The exports to China totaled 21.8kt, up 16.95% on the year and 12.95% on the month.
Many textile and apparel companies are increasing their investments in Madhya Pradesh, says a report by the Apparel Resources.As per the report, Ludhiana-based Vardhman Group is investing Rs. 800 crore in spinning and this project is expected to complete in the next one-and-a-half years. Tirupur-bas