DBS Bank has partnered with one of the world’s largest fashion retailers, Inditex, to launch an organic cotton procurement financing pilot programme to ramp up efforts to scale India’s organic cotton industry.

Inditex, from its headquarters in Spain, owns brands such as Zara, Pull&Bear and Bershka.

India is now the world’s largest producer of cotton. However, organic cotton only comprises around 2% of the total output.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook