The buoyancy in yarn production has continued during the financial year 2006-07. During the year, the total yarn output is placed at 3,813.40 million kg, up by 10.3% compared to the output of 3,458.3 million kg in 2005-06, according to the data compiled by the Office of the Textile Commissioner.
The growth in cotton yarn production has continued to outpace that in total yarn production. As against 2,520.9 million kg in 2005-06, the output of cotton yarn in 2006-07 was 2,823.7 million kg, an increase of 12%. The production of blended and 100% non-cotton yarn registered only a marginal rise and almost all the rise in output was accounted for by cotton yarn, indicating the consumer preference for cotton fabrics and apparel.
Cotton yarn production was consistently higher during the year. The uptrend in yarn production has been maintained during the year 2007-08 also. During the first two months of the current fiscal, the total yarn output was 652.2 million kg as against 613.million kg during the same period of 2006-07, registering an increase of 6.3%.
However, the increase in production of cotton yarn at 488.3 million kg in April-May this year was higher at 8.5% compared to the production of 450.2 million kg in April-May 2006. It is noted that lately there has been sizable investment in the textile industry not only for modernization but also for capacity expansion.