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Indian spinners may benefit as production hub hit in Turkiye

Industry sources said that the Gaziantep region in Turkiye, which is known for its spinning mills, was greatly affected by the calamity. Turkish spinning mills will take a long time to return to normal production. Therefore, the Turkish garment industry is looking to source yarn from other markets. Vivek Verma, managing director of Punjab-based yarn manufacturing and export company Square Corporation, told Fibre2Fashion, "Indian spinners are receiving more trade enquiries from Turkish buyers. They need to source yarn from alternative sources, and India is in a better position to supply it." 

Verma said that Indian exporters are receiving enquiries not only from Turkiye but also from other European nations that import yarn from the calamity-hit country. Indian spinning mills are set to benefit for at least the next few months. Regarding price parity, he said that buyers will have to source yarn from India because of the abundance of stocks available here.