Related Keywords: consumed by India, cotton sector, Indian textile entrepreneurs urged to invest, Indian textile industry, looking at direct exports of cotton, Mali produces eight lakh tonnes of cotton a year, Mali produces long staple cotton, only five percent, opportunities to trade directly, processed in Mali, rest is exported, twenty percent of Mali cotton
Mali produces long staple cotton and only 5 percent of it is processed in that country and the rest is exported. Recently about 20 percent of Mali’s cotton is consumed by India, said Niankoro Yeah Samake, Mali’s Ambassador in India.
Mali, which produces eight lakh tonnes of cotton a year, is looking at direct exports of cotton to the Indian textile industry. However, most of the trade is through foreign companies. So, there are opportunities to trade directly. Currently, Europe and China are the biggest buyers of the West African nation’s cotton.