ABFRL's revenue from operations also grew 44 per cent to Rs 2,987 crore, posting another quarterly high from Rs 2,076 crore in the same quarter last fiscal.
Hosiery baron Vinod Gupta decodes the inner workings of India s innerwear industry
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Last Updated: Mar 16, 2021, 12:51 PM IST
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Synopsis The gap in prices of cotton and cotton yarn will impact the entire hosiery industry. MSMEs and mid-sized hosiery businesses will be impacted most significantly, because of (i) short supply from spinning mills owing to price rise, and (ii) increase in demand for working capital.
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(Photo courtesy: Twitter) Unorganised players are in a much deeper hole than their organised peers, Gupta says.
Vinod Gupta,
Dollar Industries, shares some insights on the state of India s hosiery industry in the wake of rising cotton and yarn prices. Edited excerpts from his interview to ET Now: