Thursday, April 22, 2021

Indian Cotton Imports To Rises By 80% – Cotton Association of India

Indian cotton export will fall due to the low rainfall and pest attacks in cotton growing regions. Indian Cotton imports are expected to rise by 80%, said a senior official of the Cotton Association of India.

Why 2018 Will Be The Roughest Year For Apple in India?

The drastic fall in the Indian cotton supply will benefit the United States, Brazil and Australia as these all nations will get an excellent opportunity to the intensify cotton supply in South Asia, particularly in China, Bangladesh, and Pakistan.

Atul Ganatra, the president of the Cotton Association of India said: “The production is not sufficient to fulfil local consumption. From March onwards imports will pick up.”

In 2017-18, India’s cotton import accounted for 2.7  million bales, noting increment of 1.5 million bales in relation to the previous year. The spinning mills imported 548,000 bales in the month of January. India imports cotton from three countries i.e. the United States, Brazil, and Egypt.

“Due to dry weather farmers were forced to uproot plants early. They couldn’t go for third and fourth picking,” Ganatra said.

India’s cotton production heavily depends on rainfall in Gujarat and Maharashtra. Last year monsoon season recorded less rainfall which led to pest attacks affecting per hectare yield. In the current year, India is expected to produce 33 million bales, 2.5 million bales less in comparison to the previous year prediction of 33.5 million bales. The fall in output will lead to less supply of cotton from India. “India’s exports could fall 27.5% from a year ago to 5 million bales, the lowest level in a decade”, Ganatra said.

Indian farmers have not been able to cope with the rising problem of pest attacks, even with the help of pest-resistant Bt Cotton.

More News at EurAsian Times

Featured News

Unreliable Ally: Should US Withdrawal From Afghanistan Be A ‘Wake-Up Call’ For All Major Non- NATO Allies (MNNA)?

US President Joe Biden’s announcement that all American troops will withdraw from Afghanistan by the 20th anniversary of the 9/11 terror attacks, thus ending...

Why Is India Not On The Same Page With Its ‘Democratic Allies’ On Myanmar’s Military Regime?

Days after condemning the ongoing violence in Myanmar at the United Nations, India has again changed its tone with regard to the country's military...

As China ‘Attacks’ Japan Over Fukushima Issue & Disputed Islands, PM Suga To Meet US President Biden

Japanese PM Yoshihide Suga is in Washington for talks with US President Joe Biden amid China's mounting criticism of Tokyo's plan to release Fukushima...

As MiG-35 Gets Neural Links, IAF Pilot Says India Must Prioritize ‘Capabilities Over Platform’

Russia’s MiG Corporation is developing smart target recognition systems based on neural networks for MiG series aircraft, especially the 4++ generation MiG-35 fighter, the...

Afghan Peace Conference In Istanbul, Turkey Postponed Over ‘No Show’ By Taliban

Turkey has announced that it is postponing a much-anticipated Afghan peace conference in Istanbul until the end of the Muslim holy month of Ramadan. "We...