Sapna Dogra Singh / New Delhi October 17, 2008, 0:46 IST Production by Indian mills drops to the lowest level since 2004. That the Indian textile industry is so intertwined with the United States economy has never been so apparent. Yarn production by Indian mills has dropped to the lowest level since 2004. Industry experts attribute this to lower downstream fabric production on account of reduced demand from the US and European markets. According to a report by Globecot, a global consulting firm for the fiber and textile industries, monthly yarn production in India fell to 325 million kg in July 2008, 4.5 per cent lower than same month last year. The demand for retail garments and textile products has come down dramatically in the US, affecting Indian fabric manufacturers, who are now cutting down on fabric production. As a result, yarn production is also falling and affecting the yarn producers