India’s textile industry poised for rebound after cotton price dip.

Indian textile industry is projected to bounce back next year, shaking off two years of rough weather due to high cotton prices and weak exports. This year, revenues will likely dip due to these factors. However, lower cotton prices and a potential rebound in exports are expected to fuel growth next year.

Domestic demand remains a bright spot, providing stability for smaller players who make up most of the industry. Stable cotton prices and a gradual improvement in export markets like the US and EU should lead to a recovery.

Export-focused hubs like Mumbai, Tirupur and Bengaluru might see slower growth of 6-7 per cent, while domestically driven areas like Kolkata, Ludhiana and Kanchipuram could outperform.

Profits are expected to rise next year due to steady cotton prices and lower inventory losses. Additionally, government initiatives like free trade agreements and textile park development aim to boost India's garment manufacturing competitiveness in the long run.