Must aspire to be in top 3 high cotton productivity countries: Piyush Goyal
“Our rank today is 34th which is abysmally low and we need to aspire to be in the top 3 productivity countries in the world,” Goyal said at an event organised by the Confederation of Indian Textile Industry.
The minister said that today India holds the first place in cotton production at 360 lakh bales which is roughly 25% of the world production, and is a net exporter.
“However, we now have to make rapid strides also in increasing the yield, productivity and quality of the cotton grown by our farmers…solidify our presence on the world textile map,” he said.
Explaining that India is working on interventions to reduce contamination and enhance productivity in cotton, he said that trash in imported cotton in less than 1% whereas trash in Indian cotton is 1.5-3%.
“We need to increase the yield and profit margin for our farmers while keeping the cost of cotton at reasonable and competitive levels both for domestic and international markets,” Goyal said.