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Cotton Industry


Cotton Industry In India
 
Cotton plays an important role in the Indian economy as the country's textile industry is predominantly cotton based. India is one of the largest producers as well as exporters of cotton yarn and the Indian textile industry contributes about 11 percent to industrial production, 14 per cent to the manufacturing sector, 4 percent to the GDP and 12 per cent to the country's total export earnings. The cotton cultivation in India in 2013-14 was estimated at 37 million bales (170 kg each) of cotton, making it the second largest producer of cotton worldwide.
 
During 2013-14 in India, cotton yarn production increased by two per cent and cloth production by mill and power loom sector increased by five per cent and six per cent respectively.
 
The states of Gujarat, Maharashtra, Andhra Pradesh (AP), Haryana, Punjab, Madhya Pradesh (MP), Rajasthan, Karnataka and Tamil Nadu (TN) are the major cotton producers in India.
 
 
Key Markets and Export Destinations
  • India exported cotton (chapter 52) of worth US$ 9,925.85 Mn in 2013-14.
  • India has overtaken Italy and Germany, and is now the second largest textile exporter in the world.
  • India was the third-largest supplier of textiles and clothing to the US in 2013, contributing about 6.01 per cent of its total imports.
  • China is the biggest importer of raw cotton from India. The other major cotton importing countries from India are Bangladesh, Egypt, Taiwan, Hong Kong among others.
 
Various reputed foreign retailers and brands such as Carrefour, Gap, H&M, JC Penney, Levi Strauss, Macy's, Marks & Spencer, Metro Group, Nike, Reebok, Tommy Hilfiger and Wal-Mart import Indian textile products.
 
 
Cotton Textile Export Promotion Council
 
The Cotton Textile Export Promotion Council (TEXPROCIL) takes part in national and international events to enhance the visibility of Indian products, advertises and promotes Indian products in various media vehicles such as fashion magazines, event-related pull-outs, India reports and leading trade magazines, and organises buyer-seller meets (BSM) and trade delegation visits.
 
 
Source: India Brand Equity Foundation


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