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