World India Fiber Report 2009
PREFACE
The “World Fibre & India – Trends in Demand and Supply” is the Fifth compendium from YarnsandFi-bers covering the trends in global demand and supply of textile fibre/filament industry.
In this Report we have assesses the impact of the Global Slowdown on textile fibre/filament industry including natural fibres, particularly cotton, and how each country performed in this scenario. The analysis assesses the positions of fibres/filaments industry as events unfolded. The evolution of Global Slowdown and its spread across the world has been critically documented in perspective of textile in-dustry. The demand crunch began in mid-2008 and continued into 2009. Also documented are the approaches of developed countries and the stimulus packages announced by various governments.
HIGHLIGHTS
India is the second largest producer and consumer of textile fibres/filament in the world, by virtue of it being a traditional cotton grower. It ranks second only after China in cotton production. In 2008, it produced 7.3 million tons of fibres/filament (including cotton) and consumed about 6.0 million tons.
India is the second largest polyester and cotton producer after China. It is also the third and fourth largest producers of VFY and VSF respectively. In case of acrylic fibre, India stands sixth in the world.
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