A sharp rise in yarn prices since February-March has put Bhiwandi’s powerloom and grey-fabric sector under growing financial pressure, with traders reporting a 50–70 per cent increase in prices of several commonly used yarn varieties. The surge in raw-material costs has not been matched by
India’s textile industry has urged the government to extend the duty-free import window for raw cotton by another six months beyond October 31, citing a sharp rise in yarn prices and concerns over cotton availability. The government had waived the 11 percent import duty on raw cotton from June to October 31 to improve domestic […]
Garment manufacturers in Tiruppur have formed a Joint Committee of Tiruppur Textile Cluster to address the sharp increase in cotton yarn prices and its impact on the region’s textile and apparel industry. Representatives of nine industry associations, including job-working units, met on September 2 and agreed to engage with four major textile mill associations. The […]
India’s spinning industry is witnessing a revival in cotton yarn demand, with capacity utilisation at textile mills crossing 90% and yarn inventories remaining low. However, a sharp rise in cotton prices is threatening to squeeze mill margins and raise concerns over the sustainability of operations. The demand recovery has been under way for nearly five […]
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 […]
Global cotton consumption is forecasted at 116.2 million bales, up more than 6.6 million from the previous year. Greater cotton supplies, lower producer price inflation, low global cotton yarn stocks, and greater margins for spinners are expected to boost future use. Consumption is forecast at the second highest level in 5 years and implies an […]
















