2 textile giants are reinventing their business. The market has started to reward them
India’s textile industry is shifting from volume to value as companies pursue specialised products, brands and local manufacturing. Two contrasting strategies show how this shift could reshape growth and margins.
Over the past decade, Indian manufacturers have faced intense competition from Bangladesh and Vietnam in garmenting to China in synthetic fibres and technical fabrics. At the same time, volatility in cotton prices, labour and energy costs have reduce... [7731 chars]