Home / Knowledge / News / Textiles / Indian govt upwardly revises cotton production estimate
Indian govt upwardly revises cotton production estimate
19
Apr '13
In view of the good crop prospects in southern Indian states like Karnataka, Tamil Nadu and Andhra Pradesh, the country’s Cotton Advisory Board (CAB) has upwardly revised its cotton production estimate for ongoing season - October 2012 to September 2013 - to 34 million bales from its January estimate of 33 million bales.
 
However, the projected 34 million bales production would still remain lower than last season’s actual output of 35.5 million bales, mainly due to some farmers switching to growing other crops.
 
Cotton production in North zone - Punjab, Rajasthan and Haryana – is likely to dip from last season’s output of 6.2 million bales to 6 million bales this season, while production in Central zone – comprising of Gujarat, Madhya Pradesh and Maharashtra – is likely to fall from 21.2 million bales to 17.9 million bales.
 
However, cotton production in the southern zone is expected to rise above last season’s 7.6 million bales to 9.5 million bales, according to the CAB.
 
The total cotton supply this year is likely to remain at 40.5 million bales, a little below last season’s availability of 41.3 million bales.
 
The consumption by mills is likely to grow from last season’s 22.3 million bales to 24.5 million bales.  The rise in demand for cotton by textile mills is due to rising demand for Indian cotton yarn from China, Textile Commissioner AB Joshi said.
 
Similarly, the non-mill and small scale units demand is also likely to rise above last season’s 1 million bales and 2.1 million bales, to 2 million bales and 2.2 million bales, respectively.
 
The CAB has also increased the cotton import estimate to 2.5 million bales, from the earlier projection of 2 million bales, as some textile mills in South India are finding it more economical to import cotton from Australia and Africa. Last season, India imported only 1.2 million bales of cotton, Mr. Joshi said.
 
Besides freight and some other financial benefits, the textile mills are even banking on better quality of imported cotton.
 
Compared to last season’s exports of 13 million bales, traders have already registered 8.9 million bales for exports this year, and 8.1 million bales of them have been shipped out of the country so far.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X