'
Vardhman Textile hosted
a conference call on May 05, 2025. In the conference call the company was
represented by Mr Neeraj Jain –Joint managing Director, Ms Sagarika Jain
–Executive Director, Mr Rajeev Thapar-CFO, Mr Sushil Jhamb-Director raw
material and Mr Mukesh Bansal-Head-Fabric Marketing.
Key takeaways of the call
Challenges continue
for both the world textile market and the Indian textile market. Earlier the
concerns were on account of ongoing wars but the current uncertainty is on
account of the US tariff war. Which has resulted in uncertainty for some weeks or quarters till there is an
understanding on the tariff to be
imposed on the various countries.
On the business front
it is been a very challenging period for spinning business as the cotton in
India continue to be on the higher side around US $ 81-82 cents due to MSP and
not able to import due to high import duty. However, cotton prices at New York
...
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