Cotton Production Estimated to Reach 320 Lakh Bales in 2024-25: CICR

05-Feb-2025 10:40 AM

Cotton Production Estimated to Reach 320 Lakh Bales in 2024-25: CICR
★ According to CICR, cotton production in the 2024-25 season is expected to reach 320 lakh bales, up from the earlier estimate of 299 lakh bales.
★ In the 2023-24 season, cotton production was 325.22 lakh bales.
★ Productivity has increased in the central and southern states.
★ Another agency, COCPC, has estimated cotton production at 299.26 lakh bales, while CAI has estimated it at 304.25 lakh bales.
The budget has made provisions to boost cotton production.
★ CCI has already purchased 86 lakh bales of cotton, with the buying process continuing until March 15.
★ Due to falling prices in the mandis, farmers are increasingly turning to CCI for sales.
★ Last season, CCI purchased 32.84 lakh bales of cotton.