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India's cotton output to rise 5% in 2013-14: CAI
17
Jan '14
Cotton production in India is estimated to increase by 5 percent to 37.6 million bales of 170 kg each, in the 2013-14 harvest period, which began from October 2013 and ends in September 2014, according to the Cotton Association of India (CAI).
 
CAI states that cotton production in 2012-13 marketing year (October-September) stood at 35.7 million bales of 170 kgs each, reports the Business Standard quoting PTI.
 
The production of cotton will be higher in the present season despite lower acreage, as there was good monsoon this year and cotton acreage in the state of Gujarat has also increased substantially, CAI states.
 
According to CAI, cotton acreage in the present season has declined slightly to around 11.8 million hectares, compared to the 12 million hectares during the last season.
 
Cotton arrivals in the country till December 2013 increased by 16.8 percent to 11.97 million bales, compared to 10.25 million bales during the same period last season, as per CAI.
 
According to CAI's estimate, cotton production in the state of Gujarat is expected to increase and reach 11.8 million bales from 8.65 million bales during the previous season.
 
Cotton output is expected to increase in the state of Maharashtra also, while in the states of Andhra Pradesh and Punjab, it is estimated to come down slightly, the CAI states.
 
In October 2013, the CAI had placed it estimates of cotton output in India for 2013-14 season at 38.1 million bales, indicating a rise of 7 percent year-on-year.
 

Fibre2fashion News Desk - India


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