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India’s cotton output set to rise
During CS 2019-20, cotton production is estimated to have increased by 13.6 per cent to 6 million tonnes during CS 2019-20 on account of higher yields backed by favourable monsoon conditions.
What’s happening in India’s cotton & textile sectors
Textile sector is under stress in India. Recently, Mumbai-based Cotton Association of India (CAI) estimated that this year’s Indian crop (October 1, 2019-September 30, 2020) to be 33.55 million bales (170 kg each) as against its previous estimate of 33 million bales (170 kg each).
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