Spinners in India pin hopes on healthy cotton crop, demand restoration; performance likely to recover – ICRA

India’s domestic spinners are likely to witness a gradual recovery in performance from Q4 FY2018 onwards, after facing multiple headwinds over past several quarters that resulted in their profitability touching six-year lows in the second and third quarters of the current fiscal, ratings agency ICRA said in a report. “The improvement in performance of domestic […]

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