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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: