After the sufficient rain this year, farmers are expecting more cotton production and anticipating around 45-50 lakh bales exports against 33 lakh bales targeted by Cotton Advisory Board (CAB).
Gujarat, Maharashtra and Madhya Pradesh are the major cotton growing states and all these regions have witnessed satisfactory rain fall.
In current year approximately 270 lakh bales of cotton production estimated, informed East India Cotton Association (EICA) President K F Jhunjhunwala.
CAB has estimated 244 lakh bales of production for current season and expects exports of 75 lakh bale in next season, Jhunjhunwala stated.
He also informed that land under Bt cotton will increase to 32 lakh hectare from current 13 lakh.
marketing@alchempro.com
