Cotton Imports May Rise 80% This Year
Mon 27, 2019
India’s cotton imports are likely to rise by 80% this crop year (October 2018 to September 2019), due to short supply of quality material for textile mills. Data compiled by apex industry body, Cotton Association of India (CAI), forecasts raw cotton import at 2.7 million bales (one bale equals 170 kg) for the season, compared to 1.5 million the previous year. Another industry body, Confederation of Indian Textile Industry (CITI), has estimated total imports at 2.4 million bales.https://www.textileexcellence.com/news/cotton-imports-may-rise-80-this-year/
With an estimated 32.1 million bales of output, revised downward by CAI in April from its previous one of 32.8 million, India is the top global producer. Even so, textile mills are importing raw cotton this year, not specialised cotton as in previous years. India imports from America and African countries, among others.