Output Of Textile Products Will Increase For Sixth Consecutive Years In India This Year.

< p > it is reported that people on the industry pointed out on Wednesday that India textile industry is expected to increase consumption of "a href=" http:// "www.sjfzxm.com/news/index_c.asp" > cotton < /a > consumption.

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< p > > a href= "http://? Www.sjfzxm.com/news/index_c.asp" > India < /a > is the second largest cotton consuming country in the world.

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< p > data show that the textile manufacturing industry continued to expand in June, which will pave the way for a record high of textile products this year, thereby increasing the demand for cotton for India cotton processing plants in 2014/15.

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< p > data released by India Central Bureau of statistics show that the output of a href= "http:// www.sjfzxm.com/news/index_c.asp" > textile product < /a > in June increased twenty-ninth consecutive months, an increase of 1.1% over the same period last year.

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< p > although the growth rate of India's textile products was not large year-on-year, the smallest increase in two years, but in June, the output of India's textile products had risen to a record high in the same period.

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< p >, which means that the output of India's textile products will reach a record high this year.

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In the first half of this year, the output of textile products in India increased by 4.6% over the first half of this year. According to this growth rate, the output of textile products in India will increase for sixth consecutive years in this year. P

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< p > analysts expect that even in the second half of this year, the output of textile products in India will be reduced by 4.4% compared with the first half of the year, and the output of the whole year will still be higher than that of the previous year.

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< p > analysts expect cotton demand for India cotton mill to increase to a record high in the next market year, and the growth rate is higher than previously expected.

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< p > the US Department of agriculture predicts that India's cotton consumption in will be 23 million 500 thousand bales.

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< p > despite the beginning of a stagnation in the export of veils in India this year, the sharp decline in cotton prices has increased its comparative advantage over synthetic fibers.

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< p > it is estimated that India's cotton consumption demand in will account for 22% of the world's total, a record high, which will increase the proportion of emerging markets in the global cotton consumption market.

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