India to produce 346 lakh cotton bales in 2016-17 | Textile News India
Home » News » Textile Mills News » India To Produce 346 Lakh Cotton Bales In 2016 17

India to produce 346 lakh cotton bales in 2016-17

Share: 
      Newsletter

READ MORE ON AppointmentCAICotton ProductionTextile News India

Cotton Bales

Image Courtesy: weeklytimesnow.com.au

As per the recently issued statement by Cotton Association of India (CAI), the country is projected to produce about 346 lakh bales during 2016-17 crop year as compared to 337.75 lakh bales produced in 2015-16. However, the production of cotton in the country declined from about 386 lakh bales in 2014-15 to 337.75 lakh bales in 2015-16, the lowest in last five years. This drastic reduction in crop was mainly due to the white-fly attack, especially in the northern region.

Productivity of cotton continues to remain well below the world average productivity mark. However, looking at the initiatives taken by the Government and continued research by scientists one can hope that India would soon resume the world average productivity mark.

It may be mentioned here that cotton prices sought lower levels during the entire 2015-16 cotton season, which resulted in lower realisation of prices by farmers for their produce. This led to a reduction of over 10 per cent in the acreage under cotton during 2016-17 to about 105 lakh hectare from 118.77 lakh hectares in 2015-16 season.

Also ReadIndia’s cotton production on the rise

Meanwhile, CAI has recently appointed Nayan C Mirani as its new President and Udayan Thakkar as Vice President for 2016-17.

 

Have some news? Let us know on news@apparelresources.com

Recommended by Apparel Resources

Carrington Workwear forms JV with Portuguese textile manufacturer

Carrington Workwear, the largest workwear fabric supplier of UK, has formed a joint venture with Portuguese textile manufacturer TMG - Acabamentos Texteis SA....

Pakistan to host textile roadshows in China and Germany

To stimulate the flow of Foreign Direct Investment (FDI) in Pakistan with focus on textile and steel industries, the Board of Investment (BOI)...

Chinese textile machinery manufacturer to set up unit in Pakistan

According to a top Chinese industry official, Qingdao Haijia Machinery Co. Ltd., which is one of the prominent Chinese textile machinery manufacturers, has...

Rieter completes 20 years of Com4 yarns

Switzerland-based spinning technologies manufacturer Rieter has successfully completed 20 years of Com4® yarns that have superior and consistent quality and spun. 20 years...

Indonesia rebooting its textile industry

Indonesia has been witnessing a continuous increase in exports of textile and textile products in recent times. As a result, the Government is...

Welspun India’s Q4 net profit falls

India-based home textiles manufacturer Welspun India Ltd. has announced its financial results for fourth quarter ended March 31, 2017. During the period under...

Amazon India organizes first workshop for tribal entrepreneurs in Gujarat

E-commerce giant Amazon India, in collaboration with the Gujarat Tribal Development Department, recently organized its first regional workshop for tribal entrepreneurs in the...

Pakistan’s textile manufacturer Nishat Mills posts drop in gross profit

Nishat Mills Limited, Pakistan-based textile manufacturer, is losing profitability. Despite managing a 3 per cent growth in its top line year-on-year, the company’s...

Yunus Textile Mills deploys SewEasy’s IE System

Yunus Textile Mills Ltd., a Pakistan-based home textiles supplier, has successfully commissioned the SewEasy System for Industrial Engineering (IE). The newly implemented system...

India, Kazakhstan to boost cooperation in textiles

India and Kazakhstan discussed measures to increase cooperation between the two countries in textiles. The matter was discussed during the fourth meeting of...