October 14, 2024
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Cotton

Cotton Yarn Demand To Recover In FY2025: ICRA

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 […]