INDIA: Yarn production surges 5 pct in 2005-06

MUMBAI: The adoption of modernisation, expansion and integration of the industry has resulted into increase of 5 percent in total yarn production, including cotton as well as blended and non-cotton yarn during 2005-06, industry sources said here on July 20.

Total yarn production in India has increased from 3,223 million kg in previous year to 3,386 million kg in the current year.

The data of East India Cotton Association (EICA) shows production of cotton yarn has seen an increase of 8.4 percent from 2,273 million kg (2004-05) to 2,462 million kg (2005-06), as compared to an increase of 7 percent in 2004-05 over 2003-04 production of 2,121 million kg.

However total production with the ‘blended and non-cotton’ yarn registers a fall of around 2.7 percent and total increase has mainly been a function of cotton yarn as production of blended and non-cotton yarn has come down from 950 million kg, last year to 924 million kg, this year.

Industry sources further feels that year on year sustained increase in the production of cotton yarn is a good sign, as cotton remained the most significant raw material for the Indian textile industry.


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Added: July 21, 2006 Source: Agencies
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