Can you write a brief outline about the position of Indian cotton industry at international level
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Answer:
India is one of the largest producers as well as exporters of cotton yarn. Cotton yarn and fabrics export account for about 23 per cent of India's total textiles and apparel export. In 2019-20*, India's cotton production was 36.04 million bales of 170 kgs each.
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Answer:Indian cotton industry at international level
Explanation:
1. India has the second largest installed capacity of spindles in the world, next to
china at around 34 million.
2. We have a large share in the world trade of cotton yarn, accounting for one fourth of
total trade.
3. Our trade in garments is only 4% of the world’s total.
4. Our spinning mills are competitive at global level and capable of using all the fiber
products.
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