Moneycontrol PRO
HomeNewsOpinionFortunes of cotton textile industry go into a tailspin

Fortunes of cotton textile industry go into a tailspin

India’s cotton textile industry is in a tight spot. Cotton and yarn prices are tumbling on the back of weak demand, particularly in big markets such as the US and Europe

February 22, 2023 / 09:10 IST
Industry data shows that between April and December 2022, exports of cotton yarn, textiles, ready-mades and handlooms together plunged by 27 per cent year-on-year. Representative image
Unlock This Article

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

Unlock exclusive discounts