The new ways yarn companies are progressing in India

by Rohan Sinha Author “At the end of the day, we want our bottom lines to improve and our business to be recognized by industry peers and world at large.”

Yarn companies in India have come a long way since Independence. Be it the kind of technology they employ today to manufacture yarn out of different fibers, or the kind of resources they have at their disposal, it’s more of a 360-degree transformation for the yarn industry of India.

If the industry analysts could be believed, the yarn & textile industry in India is set to dominate the global yarn & textile marketplace. Be it the production of cotton or its export or the quality of its fabrics that are exported, Indian industry has earned a name for itself.

• Digital is the new buzzword for the yarn companies in India

The new breed of yarn companies and spinners are constantly looking out for new grounds to meet their customers. This need was well observed by several of industry players who then set out to create industry portals that enable the cotton yarn buyers and sellers to meet virtually and conduct their business the way they want.

• The focus is on getting the best talent on board

The yarn companies in India that have the capabilities to visualize their challenges and opportunities that lie deep down in the future are increasingly realizing the value that talented individuals bring to their business. And therefore, they are reaching out to all platforms, including top colleges & universities, to hire the best talent they can lay their hands on.

• Innovation is what these companies are thriving at

For long, the yarn companies in India stuck to age old methods of connecting with their prospects and manufacturing their line of products. However, of late, these same companies have come to realize the value that innovation brings to their business.

So, they are investing in research & development; they are trying out new methodologies; and they are connecting with their clients the way they never did – they are seeking memberships of websites where sellers float offers, while cotton yarn buyers come up with inquiries for cotton and other natural and manmade yarn and fabrics.

• What lies ahead for this industry?

The industry is likely to witness more challenges and opportunities in the coming years.

The leading yarn manufacturing economies like India and China will continue to lead the pack and shape the global market for yarn.

Author bio –
For more updates of the yarn companies in India and how they are faring on yarn trading, you can read more of our posts that we have published here. Our future posts will explore the ways leading yarn buyers and sellers are leveraging technology to get to their business goals.

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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