Deepali Kumari

Thank you for the opportunity. I just have a few questions. As India's cotton production has been declining while imports are increasing, do you see this becoming a structural disadvantage for Indian spindles over the next three to five years? And if domestic cotton continues to trade at premium to global sizes, how will it impact India's export competition?

I am asking like India's cotton production has been declining while imports are increasing. Do you see this becoming a structural disadvantage for Indian spindles over the next three to five years?

So, historically, every period of strong yarn has been followed by fresh capacity addition and margin normalization. Will this cycle be any different or the same?