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India's cotton yarn industry poised for 9pc growth in 2025-26: Report

May 06, 2025

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The Statesman Bhubaneswar

A rebound in exports and favourable domestic demand are expected to drive India's cotton yarn industry to a 7-9 per cent revenue growth in the current financial year, up from a modest 2-4 per cent growth in the previous financial year, according to a Crisil report released on Monday.

- AGENCIES

The uptick in volumes will primarily drive this growth, supported by modest increase in yarn prices, the report stated.

Operating margins, after witnessing a recovery in the last financial year, are expected to see further uptick of 50-100 bps this fiscal, owing to stable cotton yarn spreads and better availability of cotton through Cotton Corporation of India (CCI).

المزيد من القصص من The Statesman Bhubaneswar

The Statesman Bhubaneswar

A case for better regulation of parliamentary reporting

The premises of Nepal's parliament are increasingly being transformed into a theatre of the absurd. The recent surge of unregulated content creators — armed with boom mics and mobile phones, in the Singha Durbar premises — has blurred the distinction between news reporting and targeted provocation.

time to read

2 mins

May 23, 2026

The Statesman Bhubaneswar

Iran rebuilding military faster than expected, reviving drone output and missile launchers

Iran has already restarted parts of its drone production during the six-week ceasefire that began in early April, sources familiar with recent US intelligence assessments told CNN, with Tehran rapidly rebuilding those parts of its military capabilities which were damaged during the US-Israeli campaign.

time to read

1 min

May 23, 2026

The Statesman Bhubaneswar

Higher gold taxes could backfire again

When governments want consumers to buy less of something, they usually reach for taxes. India’s latest hike in gold import duties follows that familiar pattern.

time to read

3 mins

May 23, 2026

The Statesman Bhubaneswar

Addressing people’s concerns is the government’s priority: Yogi

Uttar Pradesh CM Yogi Adityanath on Friday assured people attending the Janata Darshan held at Gorakhnath Temple that resolving everyone's problems is the government's priority.

time to read

1 mins

May 23, 2026

The Statesman Bhubaneswar

Ronaldo ends Saudi trophy drought with 2 goals in Al-Nassr’s win to clinch league title

Cristiano Ronaldo has finally won a major trophy with Al-Nassr.

time to read

1 min

May 23, 2026

The Statesman Bhubaneswar

Shelved Knowledge

Independent India did not consciously ratify Macaulay's contempt; it did something less dramatic and more durable. It allowed the colonial syllabus to survive by inertia. Two centuries on, an Indian school-leaver can recite Newton's three laws and the Krebs cycle, but has rarely been asked, even in passing, to open the Aryabhatiya, the Caraka Samhita or the Arthasastra

time to read

5 mins

May 23, 2026

The Statesman Bhubaneswar

Rubio's India visit to focus on energy, Quad talks, strategic ties

US Secretary of State Marco Rubio will arrive in India on 23 May, with energy cooperation at the top of the agenda, signalling a major push by Washington to deepen one of its most consequential strategic partnerships with New Delhi.

time to read

1 min

May 23, 2026

The Statesman Bhubaneswar

CPI-M slams USA over ‘imperialist’ moves against Cuba, decries indictment of Raul Castro

The Communist Party of India (Marxist) on Friday castigated the United States for what it called “illegal” and “imperialist” threats aimed at Cuba, accusing Washington of seeking to destabilise the socialist country and target veterans of the Cuban Revolution.

time to read

1 min

May 23, 2026

The Statesman Bhubaneswar

'I know it's my time': Pep Guardiola confirms Man City exit after ten years

Pep Guardiola confirmed Friday what Manchester City fans had been fearing.

time to read

2 mins

May 23, 2026

The Statesman Bhubaneswar

India holds high-level trade talks with six key nations: Piyush Goyal

Union Minister for Commerce and Industry, Piyush Goyal, on Friday said the government held a series of high-level bilateral meetings with representatives from Chile, Oman, Netherlands, Maldives, Germany and Egypt to deepen trade, investment and strategic cooperation.

time to read

1 min

May 23, 2026

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