Denim mills gear up for comeback after last year’s setback
The Indian denim industry is facing several issues with most of the players citing external factors such as the Red Sea shipping crisis, increased competition from lower-cost fabric imports as the key reasons for slow growth.Despite being a key player in the global market, India’s denim industry has recently been bogged down by challenges such as fluctuating demand, supply chain issues and market volatility. These challenges are reflected in the balance sheet of several major denim players as they witness revenue decline in FY ‘24.
Read more: https://apparelresources.com/b....usiness-news/manufac
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