Wednesday 3 April 2013

Cotton Yarn Exports from India

There are a number of cotton yarn makers in the India; many have also moved up the value chain in the fiber-fabric-garment cycle and make their own branded garments. Nevertheless, India is still is the largest exporter of cotton yarn. The export of Cotton Yarn and textile from India is in the region of 9 Billion US Dollars (Rs 46,000 crore), according to a recent estimate. This is likely to grow further despite adverse market conditions in the US and European countries. The Yarn Exporter from India performs the invaluable task of linking the yarn maker in the country to the big garments giants of the world.

They are exporting majorly to China, Bangladesh, and India. The yarn exporters are spread all over the country to facilitate the buying-selling process and some of them even have overseas offices. Sometimes one exporter has multiple offices to ease the process of sales. They have embraced technology to the extent that the entire buying-selling process can be completed online from selection of yarn to payment collection. The export consignments of Indian exporters have been rising over the years because of increasing demand of Indian yarns which are considered very durable and of very high quality.

While there are several markets for exports, India primarily Cotton Yarn Exports to China which accounts for 30 percent of India’s exports of cotton yarn and to Bangladesh which accounts for 16 per cent. The diversification of existing markets for exports has been made possible by the Indian exporters because of numerous factors like holding exhibitions from time to time at different places and inclusion of technology like online selection and order placing of yarn. There is no dearth of Cotton Yarn Suppliers in the country. However, some have themselves become fabric makers and moved up the value chain. The yarn suppliers often provide services like giving credit to their regular buyers. The yarn suppliers offer all kinds of yarns, from raw cotton yarn to blended cotton yarn (50percent or more cotton).

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