Cotton yarn exports surge helps Indian spinners record healthy recovery: Check impressive numbers

Despite multiple headwinds, the surge in cotton yarn exports helped domestic spinners record a healthy recovery during the second quarter of current fiscal, said an Icra report. Despite exports retreating to normal levels in the recent months in absolute terms, Icra expects the annual growth in India's cotton yarn exports to remain healthy, said Jayant Roy, Senior VP and group head, corporate sector ratings.