CCI introduces QR code traceability for cotton bales in India

Lalit Kumar Gupta, chairman and managing director of CCI, announced this initiative at the third meeting of the Committee on Cotton Production and Consumption (COCPC) for the Cotton Season 2023-24, held yesterday in Mumbai.

Gupta stated that every bale is now under QR code traceability, providing information on the village of procurement, the factory where it was processed, and the date of selling.

The meeting was chaired by textile commissioner Roop Rashi. Representatives from the central government, state government, textile industry, cotton trade, and ginning & pressing sector attended the meeting. The cotton scenario was deliberated, covering state-wise area, production, import, export, and consumption of cotton.

Addressing a post-meeting press conference, Rashi said the industry would have enough raw material availability. She also informed that cotton consumption has increased, marking the second highest consumption out of the last ten years. The Textile Commissioner further stated, “The industry is on a good path, and we look forward to better consumption statistics.”

According to COCPC, the total supply of cotton is estimated at 398.38 lakh bales of 170 kg, including an opening stock of 61.16 lakh bales, production of 325.22 lakh bales, and imports of 12 lakh bales in the current season 2023-24 ending September 30. Total supply last season was 390.68 lakh bales, including 39.48 lakh bales opening stock, 336.60 lakh bales production, and 14.60 lakh bales of imports.

The closing balance will be 47.38 lakh bales in the current season against 61.16 lakh bales of last season. The total demand will increase to 351 lakh bales this season, compared to 329.52 lakh bales last year. Out of this, exports will increase from 15.89 lakh bales to 28 lakh bales this season.

Fibre2Fashion News Desk (KUL)