With many new companies entering the denim fabric space and existing companies expanding their production capacities in anticipation of high demand, experts feel that such a heightened competing environment would put pressure on denim makers’ profit margins. According to analysts, domestic as well as international demand for denim has been growing at the rate of 25-30 per cent yearly, despite the economic crisis. The US export demand is also high. Moreover, in the next one year, demand is e...
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