ReshaMandi Positively Impacts The Businesses of Cotton Yarn Spinners

The textile industry has played a significant role in the economic development of India since the ancient period. It is one of the oldest industries in the country, and its history can be traced back to the Indus Valley Civilization, where cotton was cultivated and used to produce textiles. India is the second-largest silk manufacturer in the world after China, and it is also the largest producer of cotton.
Spinners are a crucial link in the cotton supply chain in India. They are responsible for converting cotton or other fibres into yarns, which is then used to produce various textiles. Spinning process involves twisting and drawing out fibres to create a continuous strand of yarn. This process can be done manually, but in modern times, most spinning is done using machines.
Spinning industry in India
The traditional mode of hand-spinning is known as charkha spinning in India.. It involves using a spinning wheel to spin cotton into yarn.Charkha spinning played a pivotal role in promoting self-sufficiency and economic empowerment during the Indian freedom struggle. Though Charkha spinning is still practised in many parts of India, with the advent of modern technology, machine spinning has become more common.
There are two main types of spinning machines used in the textile industry
Ring spinning: In this method fibres are pulled through a series of rollers and twisted into yarn using a spinning ring.
Open-end spinning: In this method fibres are spun directly into yarn using a rotor.
Spinning mills in India have to overcome their own share of challenges and problems to sustain. Following are some of the challenges that they are faced with:
Volatile prices of cotton
One of the biggest issues faced by spinners is the easy availability and cost of raw materials. Cotton, the primary raw material used by spinners, is subject to a lot of price fluctuations owing to factors such as weather, demand, and supply. This has a direct impact on the cost of yarn, making it difficult for spinners to plan and budget their operations.
Stiff competition from neighbouring countries
Indian spinners face tough competition from other cotton producing nations like China, Bangladesh, and Vietnam. These countries have lower labour costs and produce textile products at a much lower price, making it difficult for Indian spinners to compete on a global scale.
ReshaMandi tackles the dearth of raw materials for yarn spinners
ReshaMandi has associated with several spinners and spinning mill owners across the country and is supporting their businesses. It is facilitating hassle free procurement of cotton bales for spinners at the best prices.. Apart from procurement, spinners get regular updates about the latest prices of cotton bales through the ReshaMandi app.

ReshaMandi provides better market linkages for cotton spinners
ReshaMandi has created a yarn market place on its app through which cotton spinners can connect with weavers across the country and sell yarns at competitive prices.
With effective tech enabled solutions, and easy access to raw materials , ReshaMandi is empowering the spinners to turn their businesses into positive ventures.