Cotton production in Indian states either declining or stagnant: RBI

Gujarat’s cotton production has declined from 8.617 million bales to 7.212 million bales.

India’s total cotton exports were estimated at 4 million bales in FY22, the Committee on Cotton Production and Consumption (COCPC) estimates.

India’s cotton exports account for 10.2 per cent of the total global export, according to the statistics provided by the Indian Brand Equity Foundation (IBEF).

In FY21, India’s cotton exports were worth $6.3 billion, with production hitting 352.5 lakh bales.

Fibre2Fashion News Desk (DS)