Word: yogesh
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Dates: during 2000-2009
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...Although the mood in India is upbeat, Yogesh Malhotra, a textile analyst at credit-rating agency ICRA, warns that uncertainties remain. He points out that the country's textile industry is highly fragmented, made up of thousands of small manufacturers. Whether they will survive after 2005, when exporters will have to compensate for falling prices by selling more volume, is unclear. Joshi of the Children's Place adds that, unlike China, India still doesn't have many large, modern apparel factories and that its often antiquated plants might struggle to handle the flood of new orders. For India, he says...