The Third Meeting of the Committee on Cotton Production and Consumption (COCPC) for the Cotton Season 2023-24 was held today, i.e., on 24.06.2024 under the Chairpersonship of the Textile Commissioner, Ministry of Textiles, Government of India Smt. Roop Rashi. Representatives from the Central Govt., State Govt., Textile Industry, Cotton Trade and Ginning & Pressing Sector attended the meeting. The Cotton scenario was deliberated covering State-wise Area, Production, Import, Export, and Consumption of Cotton.
Addressing a post-meeting press conference, Textile Commissioner Smt. Roop Rashi said the industry would have enough raw material availability. She also informed that cotton consumption has increased and this year second second-highest consumption out of the last ten years has been marked. Textile Commissioner further stated, “Industry is on a good path and we look forward to better consumption statistics”. The Chairman-cum-Managing Director, of the Cotton Corporation of India (CCI) Ltd., Shri Lalit Kumar Gupta informed that, to have transparency and better cotton, each and every bale is now under QR code traceability with information of village of procurement, factory where processed and date of selling.
The State-Wise Area, Cotton Production and the Balance Sheet drawn by the Committee on Cotton Production and Consumption for the Cotton Season 2022-23 and 2023-24 was arrived at as below:
Cotton Balance Sheet for the cotton season 2022-23 and 2023-24 as drawn by COCPC as of 24.06.2024
AREA AND PRODUCTION ESTIMATED BY THE COMMITTEE ON COTTON PRODUCTION ON CONSUMPTION ON 24.06.2024
COTTON SEASON 2022-23 AND 2023-24