Iraq-Israel War Hikes Yarn Prices, Burhanpur Textile Market Faces Crisis

• Burhanpur, Madhya Pradesh, ranks as the third-largest textile producer after Bhiwandi and Malegaon.
• The Iraq and Israel war has made yarn expensive and halted import-export, leading to rising clothing prices.
• Trader Ashok Agarwal confirms the war's impact on the textile market, affecting goods sourced from Coimbatore.
• Increased PC Terrycot yarn prices will make clothes more expensive, impacting the entire textile market.
• Over 1 lakh people connected to Burhanpur's 50,000 power looms face a looming crisis and potential job losses if the war continues.