The last ITMF Global Textile Industry Survey (GTIS) was conducted in January 2024. It revealed a significant improvement in the business climate, signaling a potential turning point driven by lower inflation rates, increased real wages and consumer sentiment in the USA, alongside expectations
Having suffered multiple challenges in the last few quarters, the worst seems to be almost over for the domestic cotton spinning sector. While the industry players are cautiously agreeing to this fact, rating agencies like CareEdge Ratings and ICRA believe that the industry is likely to commence its northward journey during the second half of […]