India’s cotton yarn industry is set to grow 7–9 per cent this fiscal, up from 2–4 per cent last year, driven by higher volumes, stable cotton supply, and a rebound in exports to China.
Margins may rise 50–100 bps, with improved profitability and stable credit profiles.
Risks include tariff shifts, US slowdown, and cotton price volatility.
Capex and gearing will stay moderate.
Margins may rise 50–100 bps, with improved profitability and stable credit profiles.
Risks include tariff shifts, US slowdown, and cotton price volatility.
Capex and gearing will stay moderate.