Cotton demand issue dominates the textile ecosystem“Global demand for textiles has come down leading to cascading effects such as unit closures in South India,” stated Gandhiraj Krishnasamy, General Manager-Sales at Coimbatore-based Lakshmi Card Clothing. India being the second largest producer of cotton is expected to produce 20 lakhs (2 million) bales (170 Kgs each) less in the 2023-24 season beginning this October as against last season.