India: Cotton crop estimated at 326 lakh bales

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COIMBATORE, APR 9:

The Indian Cotton Federation has estimated cotton crop production in the country to be at 326 lakh bales for 2012-2013 (October-September) as against 330 lakh bales projection by the Cotton Advisory Board.

Gujarat topped with 83 lakh bales, against CAB estimate of 85 lakh bales, followed by Maharashtra 75 lakh bales against 74 lakh by CAB and Andhra Pradesh 72 lakh identical to CAB estimates, A Ramani, Secretary, Indian Cotton Federation (ICF), said.

The estimates were arrived at the board meeting of ICF on April 5 here, he said.

A standard bale of cotton in India is 170 kilogram.

Punjab will have a crop size of 18 lakh bales, Haryana 24 lakh, Rajasthan 16 lakh and Madhya Pradesh 18 lakh bales, Ramani said.

Karnataka will have 11 lakh bales, Tamil Nadu four lakh bales, Odisha two lakh bales and others two lakh bales.

As on March 31, a total of 259.21 lakh bales have arrived in the market, Ramani added.

Source: Business Line

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