Wednesday, October 4, 2006

Overtaking US, India emerges second in Cotton

Source: http://www.bharattextile.com/newsitems/2001582

The US Department of Agriculture (USDA) has recently revealed that India has emerged as the second largest cotton producer in 2006-07 by overtaking the US, industry sources said here on October 03.

China is the leading cotton producer and was followed by the US, but since 2002, cotton production in India has expanded phenomenally and sustained it for four seasons in a row.

USDA estimated Indian output at 4.572 million tons, while the US itself will produce 4.430 million tons showing decrease from previous year's 5.201 million tons.

China, India and Pakistan account for half of the world's cotton production and two-thirds of world cotton consumption while Pakistan itself is the fourth largest producer and third largest consumer of cotton

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