Owing to deficit rains this year, India’s cotton cultivation acreage is likely to contract by about 10-15 percent from the present 12.2 million hectares of land on which cotton was sown, Textile Commissioner Mr. AB Joshi has said.
Owing to deficit rains this year, India's cotton cultivation acreage is likely to contract by about 10-15 percent from the present 12.2 million #
He, however, added that there are no apprehensions regarding any reduction in production or availability of cotton, as the increased productivity in the major cotton growing belts of Maharashtra and Gujarat would make up for the contraction in acreage.
Owing to deficit rains this year, India's cotton cultivation acreage is likely to contract by about 10-15 percent from the present 12.2 million #
In addition to scanty rains, farmers’ insight about cotton prices would also contribute to the likely fall in cotton acreage.
Owing to deficit rains this year, India's cotton cultivation acreage is likely to contract by about 10-15 percent from the present 12.2 million #
Speaking on raw material availability for textile industry during the coming season, Mr. Joshi said there is surplus global cotton availability, and imported cotton costs around four to five cents per pence less than domestically produced cotton.
Owing to deficit rains this year, India's cotton cultivation acreage is likely to contract by about 10-15 percent from the present 12.2 million #
According to initial estimates, this year India has imported 1.2 million cotton bales till now, he said.
Owing to deficit rains this year, India's cotton cultivation acreage is likely to contract by about 10-15 percent from the present 12.2 million #
On continuation of exports under Open General Licence (OGL), he said that it is a Government policy and OGL would continue.
Owing to deficit rains this year, India's cotton cultivation acreage is likely to contract by about 10-15 percent from the present 12.2 million #
Fibre2fashion News Desk - India
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