- India with an annual production of 15-16.5 million bales (1 bale=170 kg) is the World's third largest cotton producer. India also has the largest area under cotton. India produces around 11% of the world's cotton from 20% of the area.
- The Ministry of Agriculture estimates India's cotton production in 2003-04 at 123.9 lakh bales. However, other agencies peg the production at 140-160 lakh bales.
- Despite having the largest area under cotton in the world, India ranks third in world output of cotton due to its abysmally low average yield of 300 kg against a world average of 550 kg per hectare.
- Although cotton is cultivated in almost all the states in the country, the 9 states of Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Punjab, Haryana, Rajasthan, Tamil Nadu and Karnataka account for more than 95% of the area under and output.
- In India cotton is sown during March to September and harvested during September to April. The peak marketing season for the crop is during November to March.
- Cotton is the most important raw material for India's Rs. 1,50,000 crores textile industry, which accounts for nearly 20% of the total national industrial production and provides employment to over 15 million people.
- It also accounts for more than 30% of exports, making it India's largest net foreign exchange industry. India earns foreign exchange to the tune of $10-12 billion annually from exports of cotton yarn, thread, fabrics, apparel and made-ups.
- Cotton accounts for more than 75% of the total fibre that is converted into yarn by the spinning mills in India and 58% of the total textile fabric materials produced in the country.
|
I think you should have acknowledged the source (http://www.mcxindia.com/SitePages/ContractSpecification.aspx?ProductCode=KAPAS) for this information.
ReplyDeleteThanks
ReplyDelete