Denim mills gear up for comeback after last year’s setback

Despite being a key player in the global market, India’s denim industry has recently been bogged down by challenges such as fluctuating demand, supply chain issues and market volatility. These challenges are reflected in the balance sheet of several major denim players as they witness revenue decline in FY ‘24.

For example, Arvind Ltd., a US $ 3 billion group, saw its denim segment revenue dip from Rs.1,586 crore. Read more at Apparel Resources