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Related Keywords: 12 percent drop in rains and acreage, Cotton price to surge, raw cotton prices, Trident, Vardhman

Around 12 percent drop in rains and acreage that hit soon to be harvested crop have led to concerns over cotton supplies, making the fibre as much as 20 per cent costlier than at this time last year.

Raw cotton prices were in the range of Rs 5,400 per 100 kg, even as fresh crop has started arriving in the wholesale markets of Punjab and Haryana. Because of the firm prices, people are buying only as per their requirement, traders, ginner and millers said.

Related Keywords: apparel industry, Arvind, cotton producer, global brand, Indian Textile, Raymonds, textile manufacturer, Vardhman

Indian textile and apparel industry is known across the globe as it happens to be among the biggest cotton producer in the world, is one of the largest textile manufacturer with companies like Arvind, Vardhman, Raymonds, Bombay Rayon producing and supplying world class fabrics to most major global brands such as Diesel, H&M, Zara, M&S among others. It also has some of the biggest garment manufacturers such as Shahi, Eastman, Pratibha supplying to top global brands. But despite this, garment manufacturers fail to create a global brand.