The global cotton market is set for significant growth over the next decade, driven by rising consumption and advancements in production techniques, according to OECD-FAO Agricultural Outlook 2024-2033 report. Cotton consumption is forecasted to increase by 1.7% annually, fueled by population
Domestic demand growth is set to outpace exports, driven by a recovery in downstream segments. Operating margins are expected to expand by 100-150 bps in FY2025 with improved gross contribution levels. ICRA forecasts a recovery for the domestic cotton spinning industry in FY2025, with a growth of 6-8%, supported by a 4-6% volume increase and […]