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India Cotton Import

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March 11, 2025

Why in news?

 India’s Cotton imports increase despite pressure on Indian cotton prices

  • Scientific name – Gossypium.
  • Genus - Of flowering plants in the tribe Gossypieae of the mallow family, Malvaceae.
  • Location -   Tropical and subtropical regions.
  • BT Cotton - Genetically modified Cotton by the insertion of one or more genes from a common soil bacterium, Bacillus thuringiensis.
  • India cotton year – October 1 to September 30.
  • India’s cotton productionIndia has 38% of cotton global average and  23% of the global production.
  • Surge in the cotton import 7 % decline in production due to reduction in acreage and excessive rainfall ( 2024-25), weak international cotton price and domestic price has increased by 40 % due to the MSP.
    • India ramps up cotton imports even as domestic prices face downward pressure.
  • DisparityCotton farmers believe that the procurement price for cotton in India is low, while international cotton is being offered at a lower rate." 
  • Top cotton producing countries (in Bales) China( 31 Million bales), India ( 25), USA ( 14.4 ), Brazil( 17) and Pakistan( 5.2 ).
  • Top cotton producing states- Maharashtra (  25 %), Gujarat( 20%), Telangana(15%), Andhra Pradesh ( 10%) and Karnataka (8%).
  • Cotton Mission, 2025- Announced in the Budget by the Ministry of Finance, to boost the cotton productivity and farmer’s income, using science and technology.
    • Through this mission India should focus on enhancing productivity to ensure Indian cotton remains competitive
      • F 5 Principles of Mission Cotton - Farm to Fibre, Fibre to Factory, Factory to Fashion, Fashion to Foreign.

                                                           Cotton Corporation of India

  • Established – On July 1970 as a Public Sector Undertaking under the Companies Act 1956.
  • Nodal Agency – Ministry of Textiles.
  • Location – CBD Belapur, Navy Mumbai, Maharastra.
  • Role and functions – Canalizing the import and purchase of cotton, MSP operations and commercial purchasing operations.

References

  1. The Hindu | India’s cotton import
  2. PIB | Mission Cotton
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