India’s cotton imports are expected to double to 33 lakh bales in 2024-25 due to a decline in domestic production. The Cotton Association of India revised production estimates to 291.30 lakh bales due to poor yields in Maharashtra. Imports reached 25 lakh bales.
India’s cotton market is experiencing significant changes, with imports expected to double to 33 lakh bales of 170 kg each in 2024-25, despite a decline in domestic production. The Cotton Association of India revised its domestic output estimate to 291.30 lakh bales.
India’s increasing cotton imports indicate deeper domestic production issues, preparing for tighter markets and potential price volatility.
