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Cotton yarn exports of India in the April- July period of the current financial year witnessed decline by 9.79 percent due to slow pick up from the two large destination China and Bangladesh, which comprises around 50 percent of overall shipments from India.
China is the single largest market for Indian cotton yarn, accounting for 31 percent of country’s exports. Therefore, a substantial decline in exports to China has a major impact on overall export performance. Exports to China have declined by a staggering 48.58 percent during the April–July period in 2017.
