Related Keywords: cotton corporation of India, Cotton productivity, cotton traders, fibre, Indian cotton, Price Stabilisation Fund, price volatility, Southern India Mills’ Association
The price volatility often eroded the working capital and profit margins of the industry, restricting the industry growth rate between 6 and 8 per cent againsr the potential growth rate of 12 to 16 per cent.P Nataraj, Chairman, SIMA said that, “Cotton productivity has stagnated at 500-550 kg per hectare against over 1,500 kg/hec achieved by over 20 countries. Australia for instance, has achieved productivity of 2,200 kg/hec.
