Ditto Davis Profile picture
Jan 29 17 tweets 6 min read
Recently many of the textile companies have popped up in one of the @screener_in filters. I thought about attempting to study the industry a bit.
2/ First and foremost, let us have look is it worth spending time on the industry or not??
3/ Similar to the trend chemical and pharmaceutical industry, there is #CHINAPLUSONE trend is also playing out in the industry. (TailWinds)

- Trade war and the COVID disrupted the supply chain made brands think about alternate production houses.
4/ - Human rights violations in Chinas Xinjiang region lead America to ban cotton from the region.
- Government supports the industry via PLI schemes and the concept of Mega Investment Textile Park (#MITRA).
5/ - Strength of massive raw material availability inside India. (Largest global cotton producer also 2nd largest in polyester & viscose)
- Availability of complete value chain.
6/ - Competitive position in cost of production, production in India is now cheaper than in China due to increased labour costs in China.
- Similar to chemicals, China's attention is shifting from cheap mass production to value-added products.
7/ - Quick urbanization and improved living quality of Indian population might consume more Home Textile and Apparels too.
- Many of the companies has already laid their plan to tap into the opportunity.
8/ - Multiple Capex is going on, Mills are entering into the branding of their own products.
- Along with branding and integrating the value chain some players concentrate on the distribution networks to reach further into US and EU.
9/ - FTA Agreements: India-UK Free Trade Agreement might benefit the textile industry.
10/ Looking at the industry value chain. as below. 👇👇
11/ Process starts from the collection of Fibre, Which can be either natural (Cotton and Silk) or Man-Made Fibre (Polyester, Nylon).
12/ Spinning is the process to convert fibre to yarn through process of Spinning.
13/ Yarn produced feed to looms (different types according to the fabric and fibre) to produce the Fabric.
14/ Fabrics might undergo some processing before being ready to convert to the final product such as dyeing and bleaching.
15/ Then finally converted into the products such as clothes, carpets so on.
16/ As part of forward integration, companies are taking initiative in marketing and retailing as well. Example #FASO by #KPRMILL

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Ditto Davis

Ditto Davis Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @chart_smith

Aug 9, 2021


Chart view:

The stock corrected to restest it's "LOW" since coming to the mainboard.

Significantly bounced back with volume before touching previous low.

Recaptured 20DMA in the reversal, 50DMA acted as resistance.

Chart suggests a clear reversal.

Product portfolio

Strong product portfolio development will enable the integration more feasibly. Management is quite good at doing the integration successfully.
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!


0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy


3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!