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CITI explains that cotton production is estimated to grow by 8.11 per cent to 373 lakh bales in 2017-18 season ending September over the previous year

Related Keywords: bales, Confederation of Indian Textile Industry, cotton, increase in cotton crop area to 122.59 lakh hectares from from 108.45 lakh hectares, non mill consumption, Textile Commissioner

The closing stock of cotton for 2017-18 would be around 49.81 lakh bales which is quite adequate for the textile sector to smoothly run their units throughout the year, the body said. The Cotton Association of India (CAI) in second week of June increased it’s May estimate of the cotton crop production by 5 lakh bales to 365 lakh bales for 2017-18 season (October to September).

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