Thanks @varundarji for sharing notes. I have two question, may be little late to party.
1) If they are expecting decline in Supima and Giza cotton, why they are thinking to increase the capacity of spindle? Is it because even in the decline they will have demands for new one as they have good relationship with existing customer ?
2) Does the same spindle can be used for other cotton blending also because you wrote “In future, if there is a shortage of Supima/Giza, the buyer will understand and Ambika can blend other cotton varieties as per the requirement of the client.” . If yes, this means they can grow in other segment but I guess they don’t want to because it is already overcrowded?
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