Related Keywords: began last year, grappling with inflated raw material costs, impacts manufacturing competitiveness, increase in raw material prices, international export market, populated by cheaper goods, struggle to hold positions, Tamil Nadu based yarn and garment manufacturers, worry over rising cotton rates
Tamil Nadu based yarn and garment manufacturers who are grappling with inflated raw material costs as they struggle to hold their positions in the international export market has started to worry over the rising cotton rates that began last year.
An increase in raw material prices impacts manufacturing competitiveness, making Tamil Nadu's exporters vulnerable in the global market now populated by cheaper goods from Bangladesh, Vietnam and Cambodia.
