Story perspectives
Rupee Dip Fuels Fivefold Indian Yarn Export Surge to China
4/23/2026
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Story summary
- Since November, Indian cotton yarn shipments to China have risen to about 1,500 containers, five times the prior average.
- Fiotex Cotspin in Gujarat runs at capacity to meet a 40% rise in Chinese export orders.
- A 7% rupee decline against the yuan this year has cut Indian yarn prices for Chinese buyers.
- Gujarat mills avoid fuel shortages by using grid and solar power, unlike other Indian factories facing gas hikes.
