Indian Textile Industry - End of Tunnel ?

The easing of commodaties price including cotton prices , the unprecedent ruppee depreciation, lower inflation and even easing of interest rate is negated by the global recession. The measures now being intiated by RBI to ease liquidity should reverse back the sentiments . India unlike other global economics with huge domestic demand will continue to fair better than other economics . The precarious power situation now being faced in parts of India is of more serious threat than other factors. The huge domestic demand for textiles and consumtption should help the textile industry's's revival within a short period once the power situation eases in many parts of the country. It is time for the industry to get ready for upturn by revisiting their capex and other cost factors.