Sunday, January 8, 2023

[ Editorial - The Textile Magazine, "Positive Sign".]


R.Natarajan, Editor, THE TEXTILE MAGAZINE. Cotton is a Global Commodity in 2022-2023, Brazil and Australia have forcasted to achive record number of harvest fromm where as China and India are expected to grow more cotton than 2021-2022. The net result is that global cotton production is expected to increase year over year due to the problems in the US and realizationPakistan. here by enablingDespite several disruptions in the global suply chain and the lack of demand. The Indian Co stoppedtton exporters demostrated resilience by maintaining a positive growth trjectory.A positive sign for the future is that's global exceptions have stopped falling in September 2022,albeit staying in negative territory.
Amoung various segments,major growth of textiles will come from Man Made Fibers there by enabling dealization of export target to 100 billion US $ in 5 to 6 years as compared to $ 42 billion last year. Source.
THE TEXTILE MAGAZINE

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