Indian Economy News

India to become the largest cotton producer in the world

  • IBEF
  • November 2, 2015

Coimbatore: India is expected to become as the largest cotton producer in the world in FY 2015-16, replacing China, with estimated cotton production of around 400 lakh bales, according to sources in Southern India Mills’ Association (SIMA), the apex body of spinners in the Southern Region. Cotton output in all other major producing countries in the year is anticipated to be lower than the previous season. Global cotton production has been estimated at 23.68 million tonnes during FY 2015-16 which is 8.6 per cent lower than previous season production of 25.90 million tonnes. Cotton production in China and the US has fallen by 13.3 per cent and 17.7 per cent, respectively compared to previous year. India’s anticipated cotton yield is expected to be lower than last year (524 kg per hectare vs 527 kg last year) due to deficient monsoon. However, overall production may surpass other countries, leading to India emerging as the largest producer next year.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.