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Prime Content | 
India cotton production to decline to 295L bales, may touch 15-yr low

01 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • CAI forecasts a 7.49 per cent decline in cotton production for the 2023-24 season, marking the lowest yield since 2008-09.
  • The estimate of 295.1 lakh bales falls short of the government's projection and last year's 318.9 lakh bales.
  • Factors such as a 5.5 per cent decrease in cultivated area and poor weather conditions contribute to the drop.

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