NEW DELHI: Raw cotton exports from India decreased by over 50 per cent in the 2014-15 cotton season that ran from October 1, 2014 to September 30, 2015.
In 2014-15, India exported 57.72 lakh bales of raw cotton were exported as against 116.96 lakh bales during the cotton year 2013-14, textiles minister Santosh Kumar Gangwar said in a written reply in Lok Sabha. “The decline in exports was due to substantial reduction in import by China,” Gangwar said in his reply, according to a news agency report.
However, cotton shipments in 2015-16 are likely to increase by about 18 per cent in 2015-16 compared to the previous year, Gangwar said citing estimates of the Cotton Advisory Board (CAB).
