Reducing Irrigation and Increasing Plant Density Enhance Both Light Interception and Light Use Efficiency in Cotton under Film Drip Irrigation

High-density planting is an effective technique to optimize yields of mulched cotton. On the other hand, deficit irrigation is an emerging water-saving strategy in cotton cultivation, especially suitable for arid and water-scarce areas. However, the relationships between deficit irrigation, high-density planting, and regulation mechanisms of canopy light radiation and light use efficiency (LUE) in cotton is not yet clear. To clarify the mechanism of light interception (LI) and the LUE of cotton canopies, three irrigation treatments [315 (50% Fc), 405 (75% Fc, farmers’ irrigation practice), and 495 mm (100% Fc), where Fc was the field capacity] with three plant densities [13.5, 18.0 (farmers’ planting practice), and 22.5 plants m²] were applied. The findings of this research revealed that, under deficit irrigation, the above-ground dry matter (ADM) was reduced by 5.05% compared to the farmers’ irrigation practice. Over both years and across all plant densities, LI and LUE under deficit irrigation decreased by 8.36% and 4.79%, respectively, relative to the farmers’ irrigation practices. In contrast, LI and LUE for the highest irrigation level increased by 10.59% and 5.23%, respectively. In the case of the interaction (plant density and irrigation level), the ADM under deficit irrigation and high-density combination increased by 7.69% compared to the control (farmers’ irrigation × sowing practices interaction effects). The LI and LUE also exhibited an increase in 1.63% and 6.34%, respectively. Notably, the LI effect of the middle and upper cotton canopy under film drip irrigation reached 70%. A lower irrigation level resulted in a higher percentage of LI in the lower canopy region. The leaf area index, light interception rate, and extinction coefficient escalated with the increase in plant density. Under deficit irrigation treatment, the LI of the 0–30 cm canopy in high plant density settings increased by 8.6% compared to the control (farmers’ irrigation × sowing practices interaction effects). In conclusion, deficit irrigation and increased plant density improved the interception of LI and LUE of cotton canopy. These findings may help the farmers to optimize their agricultural management strategies in water-deficient areas.