Indian cotton yarn makers among rare winners as Iran war drives global price shocks

Supply chain and fuel disruptions triggered by the war in the Middle East have dealt a heavy blow to many Indian factories, but cotton yarn makers like Fiotex Cotspin are increasing production amid unprecedented demand from clients in China.

India, the world’s second-largest cotton producer after China, relies on imports for roughly 15% of its raw cotton and about 20% of its yarn to meet demand.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline