#Cotton Export Data from India
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exportimportdata-blogs · 9 months ago
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Cotton Export from India: A Detailed Guide
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Cotton is a crucial commodity in the global textile industry, and India stands as one of the leading players in cotton production and export. The cotton export from India significantly contributes to the country's economy, making it an essential topic for those interested in international trade and agriculture. This article delves into various aspects of cotton export from India, including raw cotton exports, leading cotton exporters, export data, and the countries importing Indian cotton.
History of Cotton Cultivation in India
India has a long history of cotton cultivation, dating back to ancient times. The Indus Valley Civilization is believed to have cultivated and woven cotton as early as 3000 BCE. Over the centuries, India has continued to develop its cotton industry, becoming a significant player on the global stage. The British colonial era saw the establishment of large cotton mills, and post-independence, India has further expanded its cotton cultivation and export capabilities.
Major Cotton Growing Regions in India
India's diverse climate allows for extensive cotton cultivation across various regions. The primary cotton-growing states include:
Gujarat: Known as the largest cotton-producing state in India, Gujarat contributes significantly to the country's raw cotton exports.
Maharashtra: Another major player, Maharashtra, has vast cotton fields and a robust cotton industry.
Telangana and Andhra Pradesh: These southern states also contribute considerably to India's cotton production, with numerous farms dedicated to growing high-quality cotton.
Punjab and Haryana: In the north, these states are known for their extensive use of modern agricultural techniques in cotton cultivation.
Types of Cotton Exported from India
India exports a variety of cotton types, including:
Shankar-6: A high-quality, long-staple cotton that is in demand globally.
MCU-5: Known for its superior spinning quality, this cotton type is favored by textile manufacturers.
DCH-32: A premium variety of cotton known for its fine quality and used in high-end textiles.
Leading Cotton Exporters in India
Several companies play a pivotal role in raw cotton exports from India. The top cotton exporters in India include:
Welspun India: A major player in the textile industry, Welspun India is known for its high-quality cotton exports.
Vardhman Textiles: This company has a strong presence in the global market, exporting a significant amount of cotton annually.
Nahar Spinning Mills: Known for its large-scale operations and quality products, Nahar Spinning Mills is a key exporter of Indian cotton.
Cotton Export Data from India
India's cotton export data provides valuable insights into the industry's performance. According to India cotton export statistics, the country exported approximately 1.8 million bales of cotton in the 2020-2021 fiscal year. This data highlights the significance of cotton in India's agricultural exports and its impact on the global market.
Export Process and Quality Control
The process of exporting cotton from India involves several steps to ensure the quality and consistency of the product:
Cultivation and Harvesting: Indian farmers use a combination of traditional and modern techniques to cultivate and harvest cotton, ensuring high yield and quality.
Ginning and Pressing: After harvesting, cotton undergoes ginning to separate the seeds from the fibers. The fibers are then pressed into bales for export.
Quality Control: To maintain high standards, cotton exporters in India adhere to strict quality control measures, including inspections and certifications from organizations such as the Cotton Association of India (CAI) and the Textile Committee.
Cotton Export from India to Which Country?
Indian cotton is exported to several countries worldwide, with major importers including:
China: As the largest importer, China relies heavily on Indian cotton for its extensive textile industry.
Bangladesh: Another significant market, Bangladesh imports large quantities of Indian cotton to fuel its booming garment sector.
Vietnam: Known for its rapidly growing textile industry, Vietnam is a key destination for Indian cotton.
Indonesia and Turkey: These countries also import substantial amounts of cotton from India, using it in their textile and apparel industries.
Challenges Faced by Cotton Exporters in India
Despite the successes, cotton exporters in India face several challenges:
Fluctuating Prices: Global cotton prices can be highly volatile, affecting the profitability of cotton exports.
Quality Issues: Ensuring consistent quality is crucial, as any lapse can lead to rejections and financial losses.
Competition: India faces strong competition from other major cotton producers such as the United States, Brazil, and Australia.
Climate Change: Unpredictable weather patterns can impact cotton yields and quality, posing a significant risk to the industry.
Future Prospects for Cotton Export from India
The future of cotton export from India looks promising, with several opportunities for growth:
Emerging Markets: New markets in Africa and the Middle East present potential for expanding Indian cotton exports.
Technological Advancements: The adoption of modern agricultural techniques and technologies can boost productivity and quality.
Sustainable Practices: Emphasizing sustainable and organic cotton farming can attract more international buyers concerned with environmental impact.
Conclusion
Cotton export from India is a vital component of the country's agricultural and economic landscape. With its rich history, diverse growing regions, and high-quality product, India continues to be a major player in the global cotton market. Despite challenges, the industry's future remains bright, driven by innovation, quality control, and expanding market opportunities.
FAQs
1) What are the major cotton-growing regions in India?
The major cotton-growing regions in India include Gujarat, Maharashtra, Telangana, Andhra Pradesh, Punjab, and Haryana.
2. Which are the top cotton exporters in India?
Top cotton exporters in India include Welspun India, Vardhman Textiles, and Nahar Spinning Mills.
3. What types of cotton does India export?
India exports various types of cotton, including Shankar-6, MCU-5, and DCH-32.
4. What challenges do Indian cotton exporters face?
Indian cotton exporters face challenges such as fluctuating prices, quality issues, competition, and climate change.
5. Which countries import the most cotton from India?
China, Bangladesh, Vietnam, Indonesia, and Turkey are among the largest importers of Indian cotton.
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exportimportdata-blog · 9 months ago
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India leads in producing and exporting high-quality raw cotton, contributing to foreign exchange earnings. Key players include Welspun India, Vardhman Textiles, Trident Group, Arvind, and Nahar Spinning Mills. India's future looks promising due to global demand and technological advancements. Check out our blog for full details.
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exportimportdata3 · 11 months ago
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Explore the dynamics of India's cotton export market in 2024 with Seair Exim Solutions. Gain valuable insights into the latest trends, buyer-seller dynamics, and regulatory updates shaping the industry. Unlock comprehensive data and analysis to navigate the evolving landscape of cotton exports from India.
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anamseair · 11 months ago
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https://www.seair.co.in/blog/cotton-export-from-india-2022-23-data.aspx
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Explore the latest insights into cotton export from India in our Seair Exim Solutions blog. Delve into the data from 2023-24 to uncover key statistics, market dynamics, and emerging opportunities in the cotton export sector.
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eximpedia1 · 2 months ago
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How to Start a Cotton Export Business in India?
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India, renowned for its vibrant textile industry, has a rich legacy in cotton production. As one of the world's largest cotton exporters, the nation plays a crucial role in the global textile supply chain. Cotton is vital to India's agricultural and industrial sectors, serving as a primary raw material for textiles. In the 2021–22 fiscal year, India exported approximately 4.25 million bales of cotton. But what makes India a dominant force in cotton exports? This article delves into essential insights on cotton exports from India, including key exporters, market data, and trade regulations.
Is Cotton Exporting Profitable in India?
Cotton is among India's most significant agricultural commodities, cultivated across the country. India's cotton exports are valued at nearly $5 billion, demonstrating consistent growth in recent years. Globally, Indian cotton is highly sought after due to its superior quality and affordability. The country's comparatively low production costs make Indian cotton highly competitive internationally, ensuring strong demand from buyers worldwide.
Cotton Production in India
India holds the top position in global cotton production, with approximately 120.69 lakh hectares under cultivation—accounting for nearly 36% of the total global cotton farming area. Around 67% of India's cotton is grown on rain-fed land, while 33% relies on irrigation. Despite leading in production, India ranks 38th in productivity with a 510 kg/ha yield, as per International Textile Data.
Types of Cotton Grown in India
India cultivates four significant species of cotton:
G. arboretum and G. herbaceum (Asian cotton)
G. barbadense (Egyptian cotton)
G. hirsutum (American Upland cotton)
The majority of Bt cotton hybrids in India are derived from G. hirsutum. Cotton cultivation is spread across three distinct agro-ecological zones:
Northern Zone – Punjab, Haryana, and Rajasthan
Central Zone – Gujarat, Maharashtra, and Madhya Pradesh
Southern Zone – Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu
India produced 362.18 lakh bales (6.16 million metric tonnes) of cotton in the 2021–22 season, contributing to over 23% of the global production of 1555 lakh bales (26.44 million metric tonnes). More than 80% of India's cotton comes from five key states, ensuring a stable supply for export markets.
Cotton Export Data from India (2023–24)
India's cotton exports have surged to key markets such as Bangladesh, China, and Vietnam. As per recent cotton export data, the first five months of the 2023–24 season saw exports reach 15 lakh bales (170 kg each), closely aligning with the 15.5 lakh bales exported during the previous marketing season. However, India's total cotton export value for the fiscal year 2023 stood at approximately 877 billion Indian rupees, marking a decline from the previous fiscal period. Despite this drop, India remains the fifth-largest cotton exporter globally.
India's Contribution to Global Cotton Exports
In 2020, India accounted for 10.2% of global raw cotton exports, ranking third among exporting nations. The total export value reached:
$10.78 billion in 2021–22
$6.3 billion in 2020–21
$4.5 billion between April 2022 and January 2023
According to the Committee on Cotton Production and Consumption (COCPC), India exported 4.25 million bales of cotton in 2021–22. The global cotton export volume for the same period stood at 8.98 million metric tons (528 lakh bales), representing an 8% decline from the previous year's 9.73 million metric tons (572 lakh bales). India's cotton import volumes also reduced, with 8.98 million metric tons recorded, a 6% decrease from the prior year's 9.60 million metric tons.
Top Cotton Exporting Countries in 2024
As per trade data, the leading cotton-exporting countries include:
United States – The most prominent exporter, shipping over 2.78 million metric tons annually.
Brazil – A major supplier, exporting 1.44 million metric tons.
Australia – An emerging powerhouse with 1.35 million metric tons.
India – With approximately 0.51 million metric tons, India remains a significant contributor to global cotton exports.
Other key exporters include Greece, Benin, Turkey, Burkina Faso, Mali, and Cameroon. The United States led cotton exports in 2022–23, shipping 2.30 million metric tonnes, followed by Australia with 1.55 million metric tonnes.
Top Cotton Exporters in India
India boasts several top cotton export companies, including:
SCM Garments Private Limited
Shahi Exports Private Limited
H.D. Textiles
Nandan Denim Limited
Trident Limited
Adinath Trading Company (ATC)
Saanvi Inc.
Taen Life Impex
Vinod Textile
Super Agri Export
For a comprehensive list of top cotton exporters in India, businesses can refer to specialized trade portals such as Eximpedia.app, which offers real-time export data and market insights.
How to Locate Cotton Buyers?
For businesses seeking reliable cotton buyers, accessing up-to-date trade databases is crucial. Platforms like Eximpedia.app provide real-time data on global buyers, suppliers, exporters, and HS codes. Such insights help businesses navigate international trade efficiently while identifying key market opportunities.
Final Thoughts
Entering the industry of cotton exports from India requires thorough research, strategic planning, and market insights. With global demand for high-quality cotton steadily rising, India holds a competitive advantage due to its abundant resources and cost-effective production. Success in the export business hinges on maintaining quality standards, conducting market analysis, and leveraging trade data to identify potential buyers.
Accessing real-time export data and connecting with industry experts can be invaluable for businesses looking to expand in the global cotton market. By staying informed and adapting to market trends, Indian cotton exporters can thrive internationally.
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paintkari · 5 months ago
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ethiholic · 2 years ago
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Lululemon
Worker Wage - ★★☆☆☆
Based on the available information, we have found that Lululemon salaries in the US range from $8-$24.15, which is 9% below the national average. While Lululemon does not publish information on the wages of garment workers, outside sources state that the factory workers, who produce Lululemon’s garments, claim to be paid $110 a month in Bangladesh.
Working Conditions - ★☆☆☆☆
Their clothing is produced in Canada, the US, Peru, China, Bangladesh, Indonesia, India, Israel, Taiwan, South Korea, Malaysia, Cambodia, Sri Lanka, Vietnam, and Switzerland. Lululemon’s outsourced labor has raised questions in the past as to the treatment of the garment workers. In an investigation conducted by The Guardian, the workers claim to have been physically assaulted, verbally abused, and forced to work overtime, while making significantly less than the living wage.
Sustainable Materials - ★★☆☆☆
Lululemon says they aim to source more sustainable raw materials and fibers including recycled and renewable and recycled polyester and nylon. They aim to achieve at least 75% sustainable materials by 2025. Currently, they use low quantities of cotton and recycled materials. According to changingmarkets.org, Lululemon uses 23,390 tonnes of synthetics and 62% synthetic fibers in the production of their garments.
Environmental Impact - ★★★☆☆
On Lululemon’s website, they stress the company's aim towards reducing their carbon footprint by “eliminating waste and closed-loop innovation, making progress toward clean water and better chemistry”. Their website also stresses their goals such as reducing 60% of emissions in all owned and operated facilities and across their global supply chain. They intend to progress toward their goal by sourcing renewable energy, partnering with their manufacturers, and sourcing more raw sustainable materials. They have also joined THE CLIMATE GROUP’S RE100, signed the UN Fashion Industry Charter for Climate Action. There is no evidence of Lululemon reducing their carbon emissions during the logistics stage of exportation.
Social Impact - ★★★☆☆
In 2022, Lululemon announced they would be donating $75.3 million to the BC Parks Foundation to support environmental preservation and habitat conservation efforts in British Columbia.
Inclusivity - ★★☆☆☆
Sizes at Lululemon range from XS-XXL, and model diversity does not reflect diverse sizing. Prices tend to be on the higher end.
Sources:
https://shop.lululemon.com/
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globaltradedata · 12 days ago
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The Indian Textiles Industry: A Deep Dive into Top Textile Companies and Import-Export Trends
The Indian textiles industry is one of the oldest and most significant sectors in the country, contributing substantially to the economy, employment, and global trade. Known for its rich heritage, diverse fabrics, and skilled craftsmanship, India has emerged as a global leader in textile production and export. In this blog, we’ll explore the top textile companies in India, analyze the latest import-export data, and understand the industry’s growth trajectory.
Overview of the Indian Textiles Industry
India’s textiles industry is a powerhouse, contributing approximately 2.3% to the country’s GDP and employing over 45 million people. The sector is diverse, encompassing traditional handlooms, modern machinery-based manufacturing, and everything in between. India is the world’s second-largest exporter of textiles and apparel, with a strong presence in both natural and synthetic fibers.
The industry is divided into two main segments:
Organized Sector: Large-scale mills and factories producing textiles for domestic and international markets.
Unorganized Sector: Small-scale artisans, handlooms, and power looms that cater to local and niche markets.
Top Textile Companies in India
India is home to several leading textile companies that have made a mark globally. Here are some of the top players:
Arvind Limited
Known for its denim and fabric manufacturing, Arvind Limited is one of India’s largest textile companies. It supplies fabrics to global brands like Levi’s, Tommy Hilfiger, and Calvin Klein.
The company has a strong focus on sustainability and innovation, making it a leader in eco-friendly textiles.
Raymond Group
A household name in India, Raymond is synonymous with premium suiting and shirting fabrics. The company has a vast retail presence and exports to over 55 countries.
Raymond’s vertical integration, from fabric manufacturing to retail, gives it a competitive edge.
Welspun India
Welspun is a global leader in home textiles, specializing in towels, bedsheets, and rugs. It is one of the largest exporters of home textiles to the US and Europe.
The company is known for its high-quality products and sustainable practices.
Vardhman Textiles
Vardhman is one of the largest integrated textile manufacturers in India, producing yarn, fabric, and acrylic fiber. It caters to both domestic and international markets.
The company is a key player in the export of cotton yarn and fabrics.
Bombay Dyeing
A pioneer in the textiles industry, Bombay Dyeing is renowned for its bed linens, towels, and fabrics. The company has a strong legacy and a loyal customer base.
It has also ventured into retail and real estate, diversifying its portfolio.
Grasim Industries
A part of the Aditya Birla Group, Grasim is a major player in the viscose staple fiber (VSF) segment. It supplies fibers to the textile, apparel, and home furnishing industries.
The company is a global leader in VSF production and exports.
Import-Export Data: Key Insights
The Indian textiles industry is heavily reliant on international trade. Let’s take a look at the latest import-export data to understand the industry’s global footprint.
Exports
India’s textile and apparel exports stood at $44.4 billion in FY 2022-23, showcasing a steady recovery post-pandemic.
The US and EU are the largest export destinations, accounting for over 50% of India’s textile exports.
Key export products include:
Cotton yarn and fabrics
Ready-made garments
Home textiles (towels, bedsheets, etc.)
Man-made fibers
Imports
India imports textiles worth $6-7 billion annually, primarily raw materials like synthetic fibers, specialty fabrics, and machinery.
Major import partners include China, Vietnam, and Bangladesh.
The reliance on imports for synthetic fibers highlights the need for domestic production capacity enhancement.
Trends
Sustainability: Global demand for eco-friendly textiles is rising, and Indian companies are investing in sustainable practices to meet this demand.
Free Trade Agreements (FTAs): India is negotiating FTAs with the UK, EU, and Australia to boost textile exports.
Technical Textiles: This segment is growing rapidly, driven by demand in healthcare, automotive, and construction industries.
Challenges and Opportunities
While the Indian textiles industry is thriving, it faces several challenges:
Competition from Low-Cost Countries: Bangladesh and Vietnam offer cheaper labor, making them tough competitors.
Infrastructure Bottlenecks: Inefficient logistics and outdated machinery hinder growth.
Raw Material Dependency: India relies on imports for synthetic fibers, which increases production costs.
However, the industry also has immense opportunities:
Government Initiatives: Schemes like the Production Linked Incentive (PLI) and Mega Investment Textiles Parks (MITRA) aim to boost manufacturing and exports.
Digital Transformation: Adoption of AI, IoT, and blockchain can streamline supply chains and improve efficiency.
Rising Domestic Demand: Increasing disposable incomes and urbanization are driving demand for premium textiles.
The Road Ahead
The Indian textiles industry is poised for significant growth, driven by innovation, sustainability, and government support. With top companies leading the charge and a strong focus on export-oriented growth, India is well on its way to becoming a global textiles hub.
As the industry evolves, staying updated on import-export data and market trends will be crucial for businesses to remain competitive. Whether you’re a manufacturer, exporter, or investor, the Indian textiles industry offers immense potential for growth and success.
Conclusion The Indian textiles industry is a vibrant and dynamic sector that continues to play a pivotal role in the global market. With top companies like Arvind, Raymond, and Welspun setting benchmarks, and a robust import-export framework, the future looks promising. By addressing challenges and leveraging opportunities, India can strengthen its position as a global leader in textiles.
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dataverseeincnew · 12 days ago
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The Indian Textile Industry: A Look at Top Companies and Trade Trends
India’s textile industry is one of the oldest and most important sectors in the country. It’s not just a major contributor to the economy but also a huge source of employment, providing jobs to millions of people. From traditional handlooms to modern factories, India produces a wide variety of fabrics that are loved both locally and globally. In this blog, we’ll take a closer look at some of the top textile companies in India and explore the latest trends in imports and exports.
Why the Indian Textile Industry Matters
The textile industry is a big deal for India. It contributes about 2.3% to the country’s GDP and employs over 45 million people. India is the world’s second-largest exporter of textiles and apparel, known for its high-quality cotton, silk, and synthetic fabrics. The industry is divided into two main parts:
Organized Sector: Large factories and mills that produce textiles on a big scale.
Unorganized Sector: Small-scale weavers, artisans, and power looms that create unique, handmade products.
Top Textile Companies in India
India is home to some of the biggest names in the global textile market. Here are a few leading companies that are making waves:
Arvind Limited
Arvind is famous for its denim and fabrics. It supplies materials to global brands like Levi’s, Tommy Hilfiger, and Calvin Klein.
The company is also a pioneer in sustainable textiles, focusing on eco-friendly production methods.
Raymond Group
Raymond is a household name in India, known for its premium suiting and shirting fabrics.
With a strong retail presence and exports to over 55 countries, Raymond is a leader in the textile space.
Welspun India
Welspun is a global leader in home textiles like towels, bedsheets, and rugs.
It’s one of the largest suppliers of home textiles to the US and Europe, known for its high-quality products.
Vardhman Textiles
Vardhman is one of India’s largest integrated textile manufacturers, producing yarn, fabric, and acrylic fiber.
The company is a major player in the export of cotton yarn and fabrics.
Bombay Dyeing
A well-known name in India, Bombay Dyeing specializes in bed linens, towels, and fabrics.
The company has a rich history and a loyal customer base.
Grasim Industries
Part of the Aditya Birla Group, Grasim is a leader in viscose staple fiber (VSF), which is used in textiles, apparel, and home furnishings.
The company is a global supplier of VSF and has a strong export presence.
Import-Export Trends in the Textile Industry
India’s textile industry relies heavily on international trade. Let’s break down the latest global import-export data to understand how the industry is performing globally.
Exports
In the financial year 2022-23, India’s textile and apparel exports reached $44.4 billion, showing strong growth after the pandemic.
The US and EU are the biggest markets, accounting for more than half of India’s textile exports.
Key export products include:
Cotton yarn and fabrics
Ready-made garments
Home textiles (like towels and bedsheets)
Man-made fibers
Imports
India imports textiles worth around $6-7 billion annually, mostly raw materials like synthetic fibers, specialty fabrics, and machinery.
Major import partners include China, Vietnam, and Bangladesh.
The reliance on imports for synthetic fibers is a challenge, as it increases production costs.
Emerging Trends
Sustainability: There’s a growing demand for eco-friendly textiles, and Indian companies are stepping up with sustainable practices.
Free Trade Agreements (FTAs): India is negotiating FTAs with countries like the UK, EU, and Australia to boost textile exports.
Technical Textiles: This segment, which includes textiles used in healthcare, automotive, and construction, is growing rapidly.
Challenges and Opportunities
Like any industry, the textile sector faces its share of challenges:
Competition: Countries like Bangladesh and Vietnam offer cheaper labor, making them tough competitors.
Infrastructure Issues: Poor logistics and outdated machinery can slow down growth.
Dependence on Imports: India relies on imports for synthetic fibers, which can be costly.
But there are also plenty of opportunities:
Government Support: Schemes like the Production Linked Incentive (PLI) and Mega Investment Textiles Parks (MITRA) are boosting the industry.
Digital Transformation: Technologies like AI and blockchain are helping companies streamline operations.
Growing Domestic Market: Rising incomes and urbanization are increasing demand for premium textiles in India.
What’s Next for the Indian Textile Industry?
The future of the Indian textile industry looks bright. With top companies leading the way and a strong focus on exports, India is well-positioned to become a global textile hub. The industry is also embracing innovation and sustainability, which will help it stay competitive in the long run.
For businesses, staying updated on import-export trends and market changes will be key to success. Whether you’re a manufacturer, exporter, or investor, the Indian textile industry offers plenty of opportunities to grow and thrive.
Final Thoughts The Indian textile industry is a vibrant and dynamic sector that continues to play a crucial role in the global market. With top companies setting high standards and a strong trade framework, the industry is on a path of steady growth. By addressing challenges and leveraging opportunities, India can strengthen its position as a global leader in textiles.
Get started today! Connect with us to see how our services can boost your exports.
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amairadutta · 28 days ago
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Artificial Intelligence in Agriculture
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Introduction
Agriculture plays an Essential role in India’s Economy. More than 58 percent of the rural households depend on agriculture as their mainstream mode of livelihood, as per the IBEF report. Agricultural exports constitute 10 percent of the nation’s exports and are still the fourth-largest exported chief commodity class in India.
On the back of improved FDI and conducive Government initiatives, the Agriculture Industry is looking at ways to leverage technologies for superior crop yield. Many tech companies and startups have emerged in the last couple of years with concentrated agro-based solutions which benefit from farmers. The most well-known programs of AI in Indian Agriculture seem to fall into three main classes
Crop and Soil Tracking — Businesses are leveraging detectors and assorted IoT-based technology to track harvest and soil health. Predictive Agricultural Analytics — Different AI and Machine Learning resources are used to forecast the perfect time to sow seeds, get alerts on dangers from insect attacks, and much more. Supply Chain Efficiencies– Businesses are utilizing real-time information analytics on data-streams coming from several sources to construct an efficient and clever supply chain. We’ll explore each of the above-mentioned categories in the agricultural sector, together with representative businesses instances and use-cases.
1. Maximize per-Acre Worth (CropIn)
CropIn, a Bengaluru-based startup that claims to be a highly intuitive, smart, and self-evolving system which provides future-ready farming alternatives to the agricultural industry. The business cites a usage case with among the world’s biggest manufacturers of potato specialties firm based in India which rents plots for farming and contains 2500+ plots spread throughout a place of 5200+ acres.
Before, they used to document farm information manually, thus generating multiple entries that were inconsistent. CropIn’s ‘smartfarm’ geo-tagged all the farmland to discover the true plot area. The answer helped in remote sensing and weather advisory, monitoring and tracking farm actions for whole traceability, teaching farmers on adoption of a proper package of inputs and practices, monitoring crop health and crop yield estimation, and alarms on the pest, diseases etc. Basically, CropIn uses AI to help customers analyze and interpret information to derive real-time technical insights about standing crop and jobs spanning geographies. Its agri-business intelligence alternative named ‘SmartRisk’ frees agro-alternate information and offers hazard mitigation calling for successful credit risk assessment and loan recovery help.
2. Intello Labs — Utilizing Deep Learning for Picture Diagnosis
The business claims to supply innovative image recognition technology which can recognize faces, flora, and fauna and label them in almost any picture. The company claims to utilize deep learning algorithms where a new generation of smart applications are being assembled for applications such as agriculture, eCommerce, promotion, production, and curation.
Farmers across the globe follow conventional farming practices because of lack of accessibility to the scientific comprehension of harvest lifecycle, pests, quality metrics and the most recent micro-fertilizers. Intello Lab’s picture based alternatives provide insights about the plants’ health throughout the growing period and towards the end ensuring a much better-harvested quality through photographs.
Intello Labs claims to supply:
Agricultural Product Grading: Automated quality evaluation of pictures of food items is a true and reliable way of grading new products (fruits, vegetables, grains, cotton etc.) characterized by color, size, and form. Their answer reads the picture a farmer has obtained on his telephone and decides the product quality in real time, with no manual intervention. The solution utilizes profound learning and picture processing units to recognize any harvest diseases or insect infestation from the plants. Together with the parameters, it provides recommendations on the way that disorder could be treated and prevented by growing further.
Predictive Agricultural Analytics Microsoft India – AI-based Sowing App
Determining the Proper time to sow plants is often one of those biggest challenges for Indian farmers in which drought and excessive rainfall could be both serious issues. The program sends sowing advisories to engaging farmers on the Optimal date. The very best part is that the farmers do not have to install some other detectors in their own fields or incur any capital expenditure.
To compute the crop-sowing interval, historical climate data (crossing over 30 years in 1986 to 2015) for the particular region in Andhra Pradesh was examined using AI. MAI (Moisture Adequacy Index) is the standardized measure used for analyzing the level of adequacy of rain and soil moisture to fulfill the prospective water requirement of plants.
Microsoft’s partnership with United Phosphorous (UPL) to create the Pest Risk Prediction App is leveraging machine learning and AI technologies to measure and inform regarding the risks of pest attack.
In accordance with the report mentioned previously, in a couple of dozen cities in Telangana, Maharashtra, and Madhya Pradesh, farmers get automatic voice calls alerting them if their plants are in danger of a pest attack according to climate conditions and phase of the harvest.
Gobasco – AI-powered Agro Supply Chain
The start-up claims to use real-time information analytics on data-streams coming from several sources throughout the nation aided with AI-optimized automatic pipelines to radically boost the efficacy of their present agro distribution chain. “Our online agro-marketplace gives the lowest prices for both the
manufacturers and buyers at their fingertips. Gobasco utilizes AI and associated technologies in the various phases of the supply chain. A Number of them are listed under:
Transition Discovery: real statistics evaluation on multiple data-streams together with crowd-sourced information from producer/buyer marketplaces and transporters feeds their automated trade discovery algorithm to acquire high-margin transactions.
Quality Maintenance: Computer vision and AI-based automated grading and exporting is completed for fruits and vegetables for creating a global agro-commodity standard for dependable trading across state boundaries.
Credit Risk Management: Crowd-sourced info, analytics, and algorithms conquer the charge default issue, the hardest problem of present supply-chain, to guarantee an extremely low-risk performance.
Additional Use Cases
Gramophone (Agstack Technologies) – Picture Recognition for Soil Science
Based out of the Indian state of Madhya Pradesh, Gramophone asserts to leverage the power of picture recognition and soil science to assist farmers with timely advice, engineering, and appropriate sort of inputs to attain improved yields. The technology system utilizes AI and machine learning how to forecast disease and pest, predict commodity costs for improved price realizations and urges products to farmers.
Gramophone asserts to reach out to over 100,000 farmers in the country using a productivity improvement of over 50% at the three cropping cycles they have been connected with. Their aim this year is to reach a thousand farmers and localize our stage in several more languages.
Jivabhumi – AI enabled Agro-Marketplace
There’s frequently a mismatch in demand and supply of agricultural produce. While farmers are not able to find appropriate markets for their produce, on the flip side, consumers are short of healthy and inexpensive food. The start-up claims to utilize technologies like blockchain to get the data of produce at different levels in the distribution chain.
The platform joins institutional buyers directly with farmers consequently providing wider audience access to the farmers ensuring fair-trade. Buyers get to find the good produce, reduce cost and have the ability to procure directly from the manufacturers while being convinced about the transparency of this trade and traceability of this produce.
The platform captures comprehensive details concerning the commodities (expanding data, pre-and post-harvest, transport, warehousing etc.) that will likely be pushed via blockchain to yield a digital identity to get a physical product and finally build traceability to demonstrate provenance and movement of commodities from farm to table.
Conclusion
Given the Massive potential of agriculture in India, it is critical that technology is accustomed and leveraged to the maximum level so that both farmers and customers can make the most of it. With recent improvements in technology combined together with conducive government policies, we’ve seen a number of ag-tech startups emerge from the nation. It is a fantastic inception for its penetration of innovative AI technologies in agriculture.
AI comes as a Fantastic blessing to the agricultural sector that is heavily determined by the unpredictable climatic conditions. More AI based ag-tech start-ups are likely to emerge in the long run due to the promising value addition it could bring to the society and the business itself!
Author : Exito
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tsasocial · 1 month ago
Text
CAI lowers 2024-25 cotton pressing estimate to 301.75 lakh bales
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Cotton Association of India (CAI) has released its January estimate of the cotton pressing numbers for 2024-25 season, which began on 1st October 2024. Based on input received from the members of 11 cotton growing state associations and other trade sources, the Committee has reduced its cotton pressing estimate for 2024-25 season by 2.5 lakh bales to 301.75 lakh bales of 170 kgs. each (equivalent to 316.65 lakh running bales of 162 kgs. each) from its previous estimate of 304.25 lakh bales of 170 kgs. each (equivalent to 319.27 lakh running bales of 162 kgs. each). The State-wise break-up of the Cotton pressing numbers as well as Balance Sheet for the season with the corresponding data for the previous crop year are enclosed.
The total cotton supply till end of January 2025 is estimated at 234.26 lakh bales of 170 kgs. each (equivalent to 245.83 lakh running bales of 162 kgs. each) which consists of the pressings of 188.07 lakh bales of 170 kgs. each (equivalent to 197.36 lakh running bales of 162 kgs. each), imports of 16.00 lakh bales of 170 kgs. each (equivalent to 16.79 lakh running bales of 162 kgs. each) and the opening stock estimated by the CAI at 30.19 lakh bales of 170 kgs. each (equivalent to 31.68 lakh running bales of 162 kgs. each) at the beginning of the season.
Further, the CAI has estimated cotton consumption upto the end of January 2025 at 114.00 lakh bales of 170 kgs. each (equivalent to 119.63 lakh running bales of 162 kgs. each) while the export shipments upto 31st January 2025 are estimated by the CAI at 8.00 lakh bales of 170 kgs. each (equivalent to 8.40 lakh running bales of 162 kgs. each). Stock at the end of January 2025 is estimated at 112.26 lakh bales of 170 kgs. each (equivalent to 117.80 lakh running bales of 162 kgs. each) including 27.00 lakh bales of 170 kgs. each (equivalent to 28.33 lakh running bales of 162 kgs. each) with textile mills and the remaining 85.26 lakh bales of 170 kgs. each (equivalent to 89.47 lakh running bales of 162 kgs. each) with CCI, Maharashtra Federation and others (MNCs, traders, ginners, exporters etc.) including cotton sold but not delivered.
The CAI has decreased its total cotton supply till end of the cotton season 2024-25 (i.e. upto 30th September 2025) by 1.5 lakh bales to 357.94 lakh bales of 170 kgs. each (equivalent to 375.62 lakh running bales of 162 kgs. each) as against 359.44 lakh bales of 170 kgs. each (equivalent to 377.19 lakh running bales of 162 kgs. each) estimated previously. The total cotton supply consists of the opening stock of 30.19 lakh bales at the beginning of 2024-25 season on 1st October 2024, cotton pressing numbers estimated for the season at 301.75 lakh bales of 170 kgs. each (equivalent to 316.65 lakh running bales of 162 kgs. each) and imports for the season estimated at 26.00 lakh bales of 170 kgs. each (equivalent to 27.28 lakh running bales of 162 kgs. each).   The cotton imports estimated by the CAI for the season are higher by 10.80 lakh bales of 170 kgs. each compared to last year.
The CAI has retained its domestic consumption at 315.00 lakh bales of 170 kgs. each (equivalent to 330.56 lakh running bales of 162 kgs. each) estimated previously. The exports for the season 2024-25 are estimated at 17.00 lakh bales of 170 kgs. each (equivalent to 17.84 lakh running bales of 162 kgs. each) as against 28.36 lakh bales of 170 kgs. each (equivalent to 29.76 lakh running bales of 162 kgs. each) estimated for 2023-24 season.
Salient features of the cai crop committee meeting held on 13th February 2025
The Crop Committee of the Cotton Association of India (CAI) held its meeting on Thursday, the 13th February 2025 virtually, which was attended by 21 members representing various cotton-growing regions of the country.   Based on the input given by the representatives of each state association, the CAI Crop Committee has estimated total cotton pressing numbers for 2024-25 season and has also drawn cotton balance sheet for 2024-25 season.
The following are the salient features of the CAI crop report: -
1. CONSUMPTION
The CAI has maintained cotton consumption for 2024-25 season at 315 lakh bales of 170 kgs. each (equivalent to 330.56 lakh running bales of 162 kgs. each) i.e. same as estimated previously.
Upto 31st January 2025, the consumption is estimated at 114.00 lakh bales of 170 kgs. each (equivalent to 119.63 lakh running bales of 162 kgs. each).
2. COTTON PRESSING
As per the crop report submitted by upcountry associations and trade sources at the meeting of the CAI Crop Committee, cotton pressing estimate for 2024-25 season has been reduced by the committee by 2.5 lakh bales to 301.75 lakh bales of 170 kgs. each (equivalent to 316.65 lakh running bales of 162 kgs. each) from its previous estimate of 304.25 lakh bales of 170 kgs. each (equivalent to 319.27 lakh running bales of 162 kgs. each).
The changes made in the state-wise cotton pressing estimates compared to those estimated previously are given below: -
(In lakh bales of 170 kgs. each)StatesIncrease (+) / Decrease (-)Punjab-0.25Haryana-1.20Upper Rajasthan-0.80Lower Rajasthan-0.25North Zone-2.50Gujarat-5.00Telangana+5.00TOTAL-2.50
The Committee members will have a close watch on the pressing numbers of cotton in the subsequent months and if any addition or reduction is required to be made in the pressing numbers, the same will be made in the CAI report.
3. IMPORTS
The cotton imports for the season 2024-25 are now estimated at 26.00 lakh bales of 170 kgs. each (equivalent to 27.28 lakh running bales of 162 kgs. each) as against 25.00 lakh bales estimated previously. The cotton imports estimated by the CAI for the season are higher by 10.80 lakh bales of 170 kgs. each than 15.20 lakh bales of 170 kgs. each estimated for last year.
Upto 31st January 2025, about 16.00 lakh bales of 170 kgs. each (equivalent to 16.79 lakh running bales of 162 kgs. each) are estimated to have arrived the Indian Ports.
4. EXPORTS
The cotton exports for the season 2024-25 are estimated at 17.00 lakh bales of 170 kgs. each (equivalent to 17.84 lakh running bales of 162 kgs. each) as against 18 lakh bales estimated previously. The cotton exports for 2024-25 crop year are estimated to be lower by 11.36 lakh bales of 170 kgs. each than 28.36 lakh bales of 170 kgs. each (equivalent to 29.76 lakh running bales of 162 kgs. each) estimated for the last season.
5. CLOSING STOCK AS AT 30TH SEPTEMBER 2025
The closing stock at end of 2024-25 season on 30th September 2025 is estimated at 25.94 lakh bales of 170 kgs. each (equivalent to 27.22 lakh running bales of 162 kgs. each) as against 30.19 lakh bales of 170 kgs. each (equivalent to 31.68 lakh running bales of 162 kgs. each) in last year.
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cleverhottubmiracle · 3 months ago
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Vidhura Ralapanawe thought he had more time. The climate scientist, who heads sustainability and innovation for Epic Group, a Hong Kong-based apparel sourcing business, has spent years worrying about how to keep workers protected and factories functioning as the world heats up. He never had high hopes for the industry to take the effects of rising temperatures seriously, viewing international environmental commitments as doing too little, too slowly. But he didn’t expect the consequences of inaction to hit so hard and so fast, either.The last two years have been the hottest on record. In Bangladesh and India — countries where Epic manufacturers — sizzling temperatures sickened workers and strained machinery. Schools shut, power failed and dozens died. “That was a shocker,” said Ralapanawe. “Even for me, knowing the science, I didn’t expect these kinds of massive heatwaves so fast… that really floored me.”The rest of the industry is slowly waking up to climate change as an imminent threat. Kering and LVMH are among the major fashion companies that in regulatory filings have flagged that higher temperatures could hurt access to key raw materials like leather and cotton, killing off cattle and causing crops to shrivel. Warmer winters are bad news for purveyors of puffy coats like Canada Goose and Moncler. Zara-owner Inditex said in its latest annual report that extreme weather damaged stores and disrupted sales on nine separate occasions in 2023, though the impact of these natural disasters on the group’s overall business was immaterial. It’s likely there will be more warnings buried in corporate documents this year, even as the issue is moving down many fashion executive’s agendas. Indeed, instead of focusing on how to adapt to a new, threatening climate reality, climate risk is still largely portrayed as a long-term, unquantified externality — a fancy way of saying “someone else’s problem.” That’s in contrast to more immediate concerns, like how to navigate inflation-linked demand sluggishness, growing trade tensions and delivering on quarterly growth expectations. But there is growing evidence that the world can no longer hope to avoid a climate calamity and the onset of disastrous tipping points may come much more swiftly than previously predicted. “Acting has a cost, but inaction has a higher cost,” said Anna Raffaelli, sector lead for fashion and apparel at climate consultancy The Carbon Trust. “That’s the business case.”The Climbing Costs of Climate ChangeSince 2000, climate-related disasters have caused nearly $4 trillion in economic damage, according to a recent report from consultancy BCG and the World Economic Forum’s Alliance of CEO Climate Leaders. If temperatures continue to rise at their current rate, global GDP could decline by as much as 22 percent by the end of the century. Many of fashion’s largest manufacturing hubs could face severe financial impacts much sooner. Soaring temperatures and increased flooding could curb export earnings for Bangladesh, Cambodia, Vietnam and Pakistan by more than 20 percent by the end of the decade, according to an analysis by Cornell and Schroders published in 2023. The number of high heat days experienced by workers in key cities in these countries has already increased by 42 percent over the last 20 years, an analysis published by Cornell last month found. According to the International Labour Organisation, heat stress alone could reduce global work hours by 2 percent by 2030.Getting a more concrete handle on brand’s climate risks is a challenge. Companies base their analysis on a range of different scenarios, but how the climate crisis evolves is increasingly difficult to predict. Deep and diversified supply chains mean brands have so far been sheltered from the consequences when droughts and floods hit key producing regions. Meanwhile, basic data, like the temperature in factories, remains hard to come by.“If you get a leading global retailer on the phone and press them on the level and quality and confidence in the [climate risk] analysis they’ve done, I think it’s not very high,” said Jason Judd, executive director at Cornell University’s Global Labour Institute. “That’s unnerving.”Risk ManagementThings are beginning to change. Incoming European regulations are set to make brands more responsible for what happens in their supply chains. Large companies operating in the EU will need to publish information on both their environmental impact and exposure to climate risks starting this year. And climate extremes are getting harder to ignore. “Physical climate risk and the social angle of climate risk really hasn’t got enough attention from brands or investors,” said Katie Frame, active ownership manager at Schroders. The asset management company has engaged a number of its apparel holdings on their approach to climate risk and its impact on workers. It’s planning to publish a toolkit in the coming months to encourage broader investor engagement on the issue. Across the industry, thinking on the topic is “still at quite an early stage,” Frame said. Even leading companies are only starting to sketch out their approach to adapt to a new, dangerous climate reality. Kering and LVMH both point to efforts to establish more climate-secure supply chains for raw materials by supporting farming practices that protect and restore soil health and biodiversity. LVMH estimates about 5 to 10 percent of its raw materials are currently produced in line with such standards. H&M Group has established contingency plans to temporarily or permanently move production to lower-risk regions if extreme weather or water scarcity start to have an impact on production or logistics. Nike stands out as having introduced heat stress prevention requirements into its code of conduct for suppliers.But by and large, brands are still acting like climate change is a train that can be stopped, when in reality it’s already careened out of the station with no industry plan in place to prevent a disastrous collision.“People are losing their lives in extreme heat, whether in production facilities or in the field,” said Naidoo. “I don’t think there’s enough recognition of how problematic that is, especially because brands are so far removed from that reality.”For his part Ralapanawe sees developing plans to manage heat levels in Epic’s factories as a matter of urgency. It’s a difficult challenge: The trade off for keeping temperatures bearable inside may be running air conditioning systems that belch yet more planet-warming gases into the atmosphere. And these energy-guzzling cooling systems are expensive to install and run, especially when retrofitting older buildings. In an industry that operates on knife-edge margins, the core issue always comes down to who will pay to manage and address climate exposure.“Places deemed to be higher in climate risk the big brands will leave,” said Ralpanawe. At some point there will be nowhere left to go. Until then, “it’s a different way of racing to the bottom,” he said. Source link
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exportimportdata-blog · 10 months ago
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Cotton Export from India: A Comprehensive Analysis
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India has long been a major player in the global cotton market, owing to its favorable climate, vast agricultural land, and rich history of cotton cultivation. The country is renowned for its high-quality cotton, which is exported to numerous countries worldwide. This article delves into various aspects of cotton export from India, focusing on raw cotton export from India, leading cotton exporters in India, and detailed cotton export data from India. Additionally, it examines India cotton export statistics, the countries to which India exports cotton, and the top cotton exporters in India.
Historical Context and Significance
India's relationship with cotton dates back to ancient times. The country is one of the original homes of cotton cultivation and textile production. Historically, Indian cotton textiles were highly prized across the world, contributing significantly to the country's economy. This legacy continues today, with India being one of the largest producers and exporters of cotton globally.
Current State of Cotton Export from India
Production and Quality
India's cotton production is centered in states like Gujarat, Maharashtra, Andhra Pradesh, and Tamil Nadu. The country produces a variety of cotton types, including short-staple, medium-staple, and long-staple cotton, catering to different segments of the global market. The quality of Indian cotton is widely recognized, with certain varieties like Shankar-6 from Gujarat being particularly sought after.
Export Dynamics
Cotton export from India includes both raw cotton and cotton yarn. The country has established itself as a reliable supplier in the international market. Raw cotton export from India has seen significant growth over the years, driven by increasing demand from countries with burgeoning textile industries.
Cotton Export Data from India
Analyzing cotton export data from India provides valuable insights into the industry's trends and dynamics. Over the past decade, India has consistently ranked among the top cotton exporters in the world. The volume of raw cotton export from India has shown a steady increase, reflecting the country's capacity to meet global demand.
Volume and Value
According to the latest India cotton export statistics, the country exported approximately 1.5 million bales of raw cotton in the 2020-2021 fiscal year. This represented a slight increase from the previous year, despite challenges posed by the COVID-19 pandemic. The total value of these exports was around USD 1 billion, highlighting the economic significance of the sector.
Major Markets
Cotton exporters in India to various countries underscores the global reach of Indian cotton. Key destinations include Bangladesh, China, Vietnam, and Pakistan. These countries have robust textile industries that rely heavily on imported cotton. Bangladesh, in particular, has emerged as the largest importer of Indian cotton, driven by its thriving garment manufacturing sector.
Cotton Exporters in India
The success of cotton export from India can be attributed to the efforts of numerous exporters who ensure the quality and timely delivery of cotton to international markets. Several companies have made a name for themselves in this sector, becoming synonymous with reliability and quality.
Prominent Exporters
Some of the top cotton exporters in India include:
Welspun India Ltd. A leading name in the textile industry, Welspun India Ltd. is renowned for its high-quality cotton products. The company exports a significant portion of its raw cotton production to various countries.
Vardhman Textiles Ltd. Vardhman Textiles Ltd. is another major player in the Indian cotton export market. The company has a strong presence in the international market, with exports constituting a substantial part of its business.
Nahar Spinning Mills Ltd. Known for its superior quality cotton yarn, Nahar Spinning Mills Ltd. is a prominent exporter of raw cotton from India. The company has a well-established export network, catering to clients worldwide.
Arvind Limited Arvind Limited is a diversified conglomerate with significant operations in the textile sector. The company exports large volumes of cotton and cotton products to numerous countries.
Challenges and Opportunities
While the cotton export industry in India has seen considerable success, it is not without challenges. Fluctuating global cotton prices, competition from other cotton-producing countries, and logistical issues are some of the hurdles faced by Indian exporters. However, there are also significant opportunities, particularly in emerging markets and through advancements in cotton processing technologies.
India Cotton Export Statistics
A closer look at India cotton export statistics reveals interesting trends and patterns. Over the past few years, there has been a noticeable shift in the destinations of Indian cotton exports. While traditional markets like China and Bangladesh remain dominant, new markets in Southeast Asia and Africa are emerging.
Export Trends
Rising Exports to Vietnam and Indonesia These countries have seen a rapid expansion of their textile industries, leading to increased demand for raw cotton from India.
Decreased Exports to China Although China remains a major importer, its share of Indian cotton exports has decreased slightly, possibly due to its own efforts to boost domestic cotton production and imports from other sources.
Increased Exports to Bangladesh Bangladesh continues to be the largest importer of Indian cotton, driven by its massive garment manufacturing industry which relies heavily on imported cotton.
Cotton Export from India to Which Country?
Understanding the specific countries to which India exports cotton helps in comprehending the global demand dynamics. Cotton export from India to which country are spread across various regions, with Asia being the largest market. Here’s a breakdown of the major importers:
Asia
Bangladesh As the largest importer, Bangladesh accounts for a significant portion of India’s cotton exports. The country's garment industry, one of the largest in the world, depends heavily on Indian cotton.
China China, despite recent fluctuations, remains a key market for Indian cotton. The country's textile industry is vast, and Indian cotton is an essential raw material.
Vietnam Vietnam’s textile sector has grown rapidly, leading to increased imports of Indian cotton. The country is now one of the top importers of Indian cotton.
Other Regions
Turkey Turkey imports Indian cotton to support its large textile and garment manufacturing industries.
Pakistan Given its proximity and shared cultural ties, Pakistan is a significant importer of Indian cotton, although political factors sometimes affect trade.
Indonesia Indonesia's expanding textile industry also relies on imports of Indian cotton.
Future Prospects
The future of cotton export from India looks promising, with several factors likely to influence its trajectory. The Indian government’s initiatives to support agriculture and improve export infrastructure, along with advancements in cotton farming techniques, are expected to boost the sector.
Technological Advancements
Adoption of better farming techniques and genetically modified cotton varieties can significantly increase yield and quality, making Indian cotton even more competitive in the global market.
Diversification of Markets
Expanding into new markets beyond traditional ones will be crucial. African and Latin American countries present untapped potential for Indian cotton exporters.
Sustainable Practices
With increasing global emphasis on sustainability, adopting eco-friendly farming and processing methods will enhance the appeal of Indian cotton in international markets.
Conclusion
Cotton export from India remains a vital component of the country’s economy, reflecting a rich heritage and a robust agricultural sector. The continuous demand for raw cotton export from India, coupled with the efforts of leading cotton exporters in India, ensures that the country maintains its position as a top player in the global cotton market. Detailed cotton export data from India and India cotton export statistics highlight the sector’s growth and potential. As India navigates the complexities of international trade, focusing on quality, sustainability, and market diversification will be key to sustaining and enhancing its cotton export industry.
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norajworld · 3 months ago
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Vidhura Ralapanawe thought he had more time. The climate scientist, who heads sustainability and innovation for Epic Group, a Hong Kong-based apparel sourcing business, has spent years worrying about how to keep workers protected and factories functioning as the world heats up. He never had high hopes for the industry to take the effects of rising temperatures seriously, viewing international environmental commitments as doing too little, too slowly. But he didn’t expect the consequences of inaction to hit so hard and so fast, either.The last two years have been the hottest on record. In Bangladesh and India — countries where Epic manufacturers — sizzling temperatures sickened workers and strained machinery. Schools shut, power failed and dozens died. “That was a shocker,” said Ralapanawe. “Even for me, knowing the science, I didn’t expect these kinds of massive heatwaves so fast… that really floored me.”The rest of the industry is slowly waking up to climate change as an imminent threat. Kering and LVMH are among the major fashion companies that in regulatory filings have flagged that higher temperatures could hurt access to key raw materials like leather and cotton, killing off cattle and causing crops to shrivel. Warmer winters are bad news for purveyors of puffy coats like Canada Goose and Moncler. Zara-owner Inditex said in its latest annual report that extreme weather damaged stores and disrupted sales on nine separate occasions in 2023, though the impact of these natural disasters on the group’s overall business was immaterial. It’s likely there will be more warnings buried in corporate documents this year, even as the issue is moving down many fashion executive’s agendas. Indeed, instead of focusing on how to adapt to a new, threatening climate reality, climate risk is still largely portrayed as a long-term, unquantified externality — a fancy way of saying “someone else’s problem.” That’s in contrast to more immediate concerns, like how to navigate inflation-linked demand sluggishness, growing trade tensions and delivering on quarterly growth expectations. But there is growing evidence that the world can no longer hope to avoid a climate calamity and the onset of disastrous tipping points may come much more swiftly than previously predicted. “Acting has a cost, but inaction has a higher cost,” said Anna Raffaelli, sector lead for fashion and apparel at climate consultancy The Carbon Trust. “That’s the business case.”The Climbing Costs of Climate ChangeSince 2000, climate-related disasters have caused nearly $4 trillion in economic damage, according to a recent report from consultancy BCG and the World Economic Forum’s Alliance of CEO Climate Leaders. If temperatures continue to rise at their current rate, global GDP could decline by as much as 22 percent by the end of the century. Many of fashion’s largest manufacturing hubs could face severe financial impacts much sooner. Soaring temperatures and increased flooding could curb export earnings for Bangladesh, Cambodia, Vietnam and Pakistan by more than 20 percent by the end of the decade, according to an analysis by Cornell and Schroders published in 2023. The number of high heat days experienced by workers in key cities in these countries has already increased by 42 percent over the last 20 years, an analysis published by Cornell last month found. According to the International Labour Organisation, heat stress alone could reduce global work hours by 2 percent by 2030.Getting a more concrete handle on brand’s climate risks is a challenge. Companies base their analysis on a range of different scenarios, but how the climate crisis evolves is increasingly difficult to predict. Deep and diversified supply chains mean brands have so far been sheltered from the consequences when droughts and floods hit key producing regions. Meanwhile, basic data, like the temperature in factories, remains hard to come by.“If you get a leading global retailer on the phone and press them on the level and quality and confidence in the [climate risk] analysis they’ve done, I think it’s not very high,” said Jason Judd, executive director at Cornell University’s Global Labour Institute. “That’s unnerving.”Risk ManagementThings are beginning to change. Incoming European regulations are set to make brands more responsible for what happens in their supply chains. Large companies operating in the EU will need to publish information on both their environmental impact and exposure to climate risks starting this year. And climate extremes are getting harder to ignore. “Physical climate risk and the social angle of climate risk really hasn’t got enough attention from brands or investors,” said Katie Frame, active ownership manager at Schroders. The asset management company has engaged a number of its apparel holdings on their approach to climate risk and its impact on workers. It’s planning to publish a toolkit in the coming months to encourage broader investor engagement on the issue. Across the industry, thinking on the topic is “still at quite an early stage,” Frame said. Even leading companies are only starting to sketch out their approach to adapt to a new, dangerous climate reality. Kering and LVMH both point to efforts to establish more climate-secure supply chains for raw materials by supporting farming practices that protect and restore soil health and biodiversity. LVMH estimates about 5 to 10 percent of its raw materials are currently produced in line with such standards. H&M Group has established contingency plans to temporarily or permanently move production to lower-risk regions if extreme weather or water scarcity start to have an impact on production or logistics. Nike stands out as having introduced heat stress prevention requirements into its code of conduct for suppliers.But by and large, brands are still acting like climate change is a train that can be stopped, when in reality it’s already careened out of the station with no industry plan in place to prevent a disastrous collision.“People are losing their lives in extreme heat, whether in production facilities or in the field,” said Naidoo. “I don’t think there’s enough recognition of how problematic that is, especially because brands are so far removed from that reality.”For his part Ralapanawe sees developing plans to manage heat levels in Epic’s factories as a matter of urgency. It’s a difficult challenge: The trade off for keeping temperatures bearable inside may be running air conditioning systems that belch yet more planet-warming gases into the atmosphere. And these energy-guzzling cooling systems are expensive to install and run, especially when retrofitting older buildings. In an industry that operates on knife-edge margins, the core issue always comes down to who will pay to manage and address climate exposure.“Places deemed to be higher in climate risk the big brands will leave,” said Ralpanawe. At some point there will be nowhere left to go. Until then, “it’s a different way of racing to the bottom,” he said. Source link
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ellajme0 · 3 months ago
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Vidhura Ralapanawe thought he had more time. The climate scientist, who heads sustainability and innovation for Epic Group, a Hong Kong-based apparel sourcing business, has spent years worrying about how to keep workers protected and factories functioning as the world heats up. He never had high hopes for the industry to take the effects of rising temperatures seriously, viewing international environmental commitments as doing too little, too slowly. But he didn’t expect the consequences of inaction to hit so hard and so fast, either.The last two years have been the hottest on record. In Bangladesh and India — countries where Epic manufacturers — sizzling temperatures sickened workers and strained machinery. Schools shut, power failed and dozens died. “That was a shocker,” said Ralapanawe. “Even for me, knowing the science, I didn’t expect these kinds of massive heatwaves so fast… that really floored me.”The rest of the industry is slowly waking up to climate change as an imminent threat. Kering and LVMH are among the major fashion companies that in regulatory filings have flagged that higher temperatures could hurt access to key raw materials like leather and cotton, killing off cattle and causing crops to shrivel. Warmer winters are bad news for purveyors of puffy coats like Canada Goose and Moncler. Zara-owner Inditex said in its latest annual report that extreme weather damaged stores and disrupted sales on nine separate occasions in 2023, though the impact of these natural disasters on the group’s overall business was immaterial. It’s likely there will be more warnings buried in corporate documents this year, even as the issue is moving down many fashion executive’s agendas. Indeed, instead of focusing on how to adapt to a new, threatening climate reality, climate risk is still largely portrayed as a long-term, unquantified externality — a fancy way of saying “someone else’s problem.” That’s in contrast to more immediate concerns, like how to navigate inflation-linked demand sluggishness, growing trade tensions and delivering on quarterly growth expectations. But there is growing evidence that the world can no longer hope to avoid a climate calamity and the onset of disastrous tipping points may come much more swiftly than previously predicted. “Acting has a cost, but inaction has a higher cost,” said Anna Raffaelli, sector lead for fashion and apparel at climate consultancy The Carbon Trust. “That’s the business case.”The Climbing Costs of Climate ChangeSince 2000, climate-related disasters have caused nearly $4 trillion in economic damage, according to a recent report from consultancy BCG and the World Economic Forum’s Alliance of CEO Climate Leaders. If temperatures continue to rise at their current rate, global GDP could decline by as much as 22 percent by the end of the century. Many of fashion’s largest manufacturing hubs could face severe financial impacts much sooner. Soaring temperatures and increased flooding could curb export earnings for Bangladesh, Cambodia, Vietnam and Pakistan by more than 20 percent by the end of the decade, according to an analysis by Cornell and Schroders published in 2023. The number of high heat days experienced by workers in key cities in these countries has already increased by 42 percent over the last 20 years, an analysis published by Cornell last month found. According to the International Labour Organisation, heat stress alone could reduce global work hours by 2 percent by 2030.Getting a more concrete handle on brand’s climate risks is a challenge. Companies base their analysis on a range of different scenarios, but how the climate crisis evolves is increasingly difficult to predict. Deep and diversified supply chains mean brands have so far been sheltered from the consequences when droughts and floods hit key producing regions. Meanwhile, basic data, like the temperature in factories, remains hard to come by.“If you get a leading global retailer on the phone and press them on the level and quality and confidence in the [climate risk] analysis they’ve done, I think it’s not very high,” said Jason Judd, executive director at Cornell University’s Global Labour Institute. “That’s unnerving.”Risk ManagementThings are beginning to change. Incoming European regulations are set to make brands more responsible for what happens in their supply chains. Large companies operating in the EU will need to publish information on both their environmental impact and exposure to climate risks starting this year. And climate extremes are getting harder to ignore. “Physical climate risk and the social angle of climate risk really hasn’t got enough attention from brands or investors,” said Katie Frame, active ownership manager at Schroders. The asset management company has engaged a number of its apparel holdings on their approach to climate risk and its impact on workers. It’s planning to publish a toolkit in the coming months to encourage broader investor engagement on the issue. Across the industry, thinking on the topic is “still at quite an early stage,” Frame said. Even leading companies are only starting to sketch out their approach to adapt to a new, dangerous climate reality. Kering and LVMH both point to efforts to establish more climate-secure supply chains for raw materials by supporting farming practices that protect and restore soil health and biodiversity. LVMH estimates about 5 to 10 percent of its raw materials are currently produced in line with such standards. H&M Group has established contingency plans to temporarily or permanently move production to lower-risk regions if extreme weather or water scarcity start to have an impact on production or logistics. Nike stands out as having introduced heat stress prevention requirements into its code of conduct for suppliers.But by and large, brands are still acting like climate change is a train that can be stopped, when in reality it’s already careened out of the station with no industry plan in place to prevent a disastrous collision.“People are losing their lives in extreme heat, whether in production facilities or in the field,” said Naidoo. “I don’t think there’s enough recognition of how problematic that is, especially because brands are so far removed from that reality.”For his part Ralapanawe sees developing plans to manage heat levels in Epic’s factories as a matter of urgency. It’s a difficult challenge: The trade off for keeping temperatures bearable inside may be running air conditioning systems that belch yet more planet-warming gases into the atmosphere. And these energy-guzzling cooling systems are expensive to install and run, especially when retrofitting older buildings. In an industry that operates on knife-edge margins, the core issue always comes down to who will pay to manage and address climate exposure.“Places deemed to be higher in climate risk the big brands will leave,” said Ralpanawe. At some point there will be nowhere left to go. Until then, “it’s a different way of racing to the bottom,” he said. Source link
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eximpedia1 · 4 months ago
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Exploring Cotton Exports from India: A Profitable Opportunity in Global Trade
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India has a rich tradition in textiles, particularly cotton, which forms the backbone of its industrial and agricultural sectors. Renowned for its superior quality and competitive pricing, Indian cotton is highly valued worldwide. This article delves into the key aspects of cotton exports from India, offering insights into its production, export trends, and strategies for success.
Why Cotton Exports Are Profitable in India
Cotton is one of India’s most important crops, cultivated extensively across the country. The nation’s cotton exports are valued at approximately $5 billion annually, demonstrating steady growth over the years. India's cotton production costs are significantly lower than those of other major producers, making Indian cotton highly competitive in the global market.
India accounted for over 10.2% of global raw cotton exports in 2020, making it the third-largest exporter globally. Its export revenue was $10.78 billion in 2021–22, reflecting its strong position in the market. However, this success requires ongoing research, quality assurance, and market analysis to maintain competitiveness.
Cotton Production in India
India leads the world in cotton production, cultivating the crop on 120.69 lakh hectares of land. Approximately 67% of this cultivation occurs on rain-fed land, with the remainder on irrigated land. Despite its vast production, India ranks 38th globally in productivity, with an average yield of 510 kg/ha.
The country primarily produces four species of cotton:
G. arboreum and Herbaceum (Asian cotton)
G. barbadense (Egyptian cotton)
G. hirsutum (American Upland cotton)
G. hirsutum forms the basis of India’s Bt cotton hybrids, contributing significantly to the country’s export potential. The major cotton-producing states include Gujarat, Maharashtra, Madhya Pradesh, Telangana, and Andhra Pradesh, collectively accounting for over 80% of India’s production.
Cotton Export Trends and Data
India's cotton exports are robust, with Bangladesh, China, and Vietnam being the top importers. As per cotton export data, first five months of the 2023–24 season, exports totaled 15 lakh bales, maintaining parity with the previous year. However, there has been a slight decline in overall export revenue, valued at approximately 877 billion INR in 2023.
Globally, the United States, Brazil, and Australia dominate the cotton export market, but India remains a key player due to its competitive pricing and high-quality fiber.
Leading Cotton Exporters in India
Several companies have established themselves as leaders in cotton exports from India. Notable names include:
SCM Garments Private Limited
Shahi Exports Private Limited
H.D. Textiles
Nandan Denim Limited
Trident Limited
These cotton exporters in India and others like Adinath Trading Company and Super Agri Export play a vital role in driving India’s cotton trade.
Strategies for Successful Cotton Exports
To succeed in the cotton export business, exporters must focus on the following:
Thorough Market Research: Understand global demand trends and identify high-demand regions.
Quality Assurance: Ensure consistent quality to maintain India’s reputation as a supplier of premium cotton.
Access Reliable Data: Use platforms like Eximpedia to gain insights into export data, buyer trends, and HS codes.
Build Strong Networks: Establish partnerships with reliable buyers and suppliers globally.
Conclusion
Cotton exports in India offer a lucrative opportunity for businesses in India, thanks to the country's abundant resources, skilled labor, and competitive production costs. By leveraging reliable data and adopting a strategic approach, Indian exporters can strengthen their position in the global market.
If you’re looking to expand your presence in the cotton trade, access updated and connect with leading exporters via platforms like Eximpedia. With meticulous planning and market insights, India’s cotton export industry has the potential to thrive and scale new heights in global trade.
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