MUMBAI (Commoditiescontrol) - India's cotton yarn production in April 2015 posted a growth of around 7.74 percent to 354.15 million kg compared to 328.68 million kg in April 2014, as per a provisional data provided by the Textile Commissioner’s office. However, cotton yarn production decreased 1 percent in April from 357.39 million kg in March 2015.
Cotton consumption in April 2015 rose 7.31 percent to 26.1 lakh bales compared to 24.32 lakh bakes in April 2014. During the period from October 2014-April 2015, total cotton consumption rose 4.8 percent to 178.13 lakh bales compared to 169.95 lakh bales during Oct 2013-April 2014.
In April’15, India’s cotton yarn stocks rose 0.8 percent to 144.05 million kg against 142.80 million kg last year same time, the government data showed. Yarn stocks increased a tad up in April from 143.85 million kg in March.
According to the government data, man-made fibre production increased by 3 percent and filament yarn production increased by about 2 percent during April 2015. Blended and 100 percent non-cotton yarn production increased 4 percent during in April 2015.
Cloth production by mill sector decreased 10 percent in April 2015. Cloth production by handloom, powerloom and hosiery sectors increased by 15 percent, 1 percent and 2 percent in April 2015. Total cloth production in April 2015 increased by 2 percent.
(By Commoditiescontrol Bureau; +91-22-40015534)