Ray of hope for Indian textile industry

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Coimbatore, July 2, 2008 : The Indian textile industry is regaining its confidence. The industry is all set to capture the international market as China bears the brunt of recession.

China is the international leader in textile business. Reportedly, the Indian textile production has increased considerably in the past two months, as the industry in China is severely hit due to recession. This is causing rise in labour charges, price of yarn, fabrics and garments there.

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