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Kishan Reddy: CCI purchased 210.19 lakh quintals of cotton for ₹15,556 cr.Telangana, which stands third in cotton production across the country, has received strong support from the Modi-led Central Government with the Cotton Corporation of India (CCI) procuring 210.19 lakh quintals cotton worth over worth ₹15,556 crore, providing direct benefit to nearly nine lakh farmers in the current crop season 2024-25, said Union Minister of Coal & Mines and State BJP president G. Kishan Reddy on Wednesday (March 26, 2025).In the last 10 years, from 2014-15 till 2024-25, ₹58,000 crore worth of cotton was procured at Minimum Support Prices (MSP), benefiting lakhs of farmers. Every year, based on the recommendations of the Commission for Agricultural Costs and Prices (CACP), the Central Government announces MSP for 22 agricultural commodities, including cotton. The MSP is fixed in such a way that it is at least 50% higher than the cost of production, he said in a press release.In the case of cotton, whenever market prices fall below MSP levels, the Centre steps in through CCI to procure the crop from farmers at the declared MSP, he said, pointing out that 110 cotton procurement centres have been set up across the State for this year’s crop season.The Minister said MSP for cotton, which was ₹3,750 per quintal in 2014-15, has increased to ₹7,121 per quintal by 2024-25. At a time when open market prices for cotton dropped, the Modi Government stood firmly with farming families in Telangana by procuring cotton at MSP on a large scale. The Centre is continuously supporting farmers in every aspect of agriculture—from soil testing, seeds, fertilizers, farm equipment, crop loans, crop insurance, irrigation projects, and storage facilities to MSP procurement, as per the press release.read more :-Rupee opens 21 paise lower at 85.91 against US dollar

Rupee Opens 21 Paise lower at 85.91 Against Dollar in Early TradeIndian rupee opened 21 paise weak at 85.91 per dollar on Thursday against Wednesday's close of 85.70.read more :-India has sufficient cotton supply for upcoming season: COCPC

COCPC Confirms Adequate Cotton Supply for India in the Upcoming SeasonIndia will have an adequate cotton supply for the upcoming season, according to the Cotton Season 2024-25 Committee on Cotton Production and Consumption. The announcement followed a committee meeting chaired by Roop Rashi, textile commissioner at the Ministry of Textiles, where industry stakeholders reviewed production, trade, and quality improvement efforts.Speaking at a media briefing, Rashi highlighted the importance of increasing cotton yield per acre and enhancing processing quality to strengthen India’s position as a key supplier in the global market, Apparel Resources India reported. “The objective is to improve productivity so that foreign companies procuring cotton from India at any stage in the value chain become long-term buyers,” said Rashi.The meeting was attended by representatives from both the central and state governments, the textile industry, the cotton trade, and the ginning and pressing sector. Discussions covered state-wise trends in cotton area, production, imports, exports, and domestic consumption. Lalit Kumar Gupta, chairman-cum-managing director of The Cotton Corporation of India Limited, detailed government initiatives aimed at boosting productivity, including the Akola Model, which promotes high-yield agricultural practices.The committee concluded that current production levels, coupled with import and export trends, will ensure sufficient raw material supply for the textile sector in the coming season. Ongoing assessments will continue to address industry needs and maintain the cotton sector’s growth trajectory.read more :- Indian Rupee lower 3 Paisa, Ends at 85.70 per Dollar

Rupee Weakens by 3 Paisa, Ends at 85.70 per DollarThe Indian rupee on wednesday lower 3 paise to close at 85.70 per dollar, while it opened at 85.67 in the morning.The Indian headline indices, Sensex and Nifty, ended the trading session on a negative note today. The Sensex closed at 77,228.28, down 1.01%, while the Nifty settled at 23,486.85, down 0.77%.read more :-Indian rupee opens 9 paise higher at 85.67 against US dollar

In relation to the US dollar, the rupee opens 9 paise lower at 85.67.Indian rupee opened higher at 85.67 per dollar on Wednesday versus Tuesday's close of 85.76.read more :-Total Bales Sold by CCI This Season to Date

TOTAL BALES SOLD BY CCI DURING THIS SEASON TILL DATE Approximately total 22,94,000 bales have been sold by the Cotton Corporation of India (CCI) from October 1, 2024, to March 21, 2025. out of it about 11,18,000 bales sold of 2023-24 season, while 11,76,000 bales sold pertaining to 2024-25 season.Further it may be noted that 11,59,300 bales sold in the trader session where as 11,34,700 bales sold in the mills session. (These figures are provisional and subject to change.)read more :-India’s Cotton Output Hits 7-Year Low, Imports Rise Sharply

India’s Cotton Conundrum: Falling Output, Rising ImportsIndia’s cotton production for the 2024–25 season is estimated at 295.30 lakh bales (170 kg each), the lowest in seven years and a major drop from last year’s 327.45 lakh bales. This reflects a decade-long downtrend, driven by stagnation in technological advancement, particularly the absence of new GM cotton approvals since 2006, and rising pest resistance. For the first time in years, India is expected to become a net importer, with imports projected at 3 million bales—surpassing exports of just 1.7 million. Global production stands at 121 million bales with tight ending stocks, keeping cotton prices firm on bullish fundamentals.Key Highlights# India’s 2024–25 cotton output falls to 295.30 lakh bales, a 7-year low.# Cotton imports are expected to surpass exports for the first time in years.# US cotton exports to India are likely to rise after import duty removal.# Global production pegged at 121 million bales; consumption at 116.5 million.# Cotton prices are seen bullish amid tight supply and strong global cuesCotton prices are expected to trend bullish in the coming months, supported by tightening supply in India and firm international markets. Domestic production for 2024–25 has dropped to 295.30 lakh bales—down from 327.45 lakh bales last season—marking a seven-year low and continuing a long-term downtrend. Contributing factors include stagnation in biotechnology advancements, with no new GM cotton hybrids approved since 2006, and the increasing pest resistance in current BT varieties.This season also marks a pivotal shift in India’s trade balance. Cotton imports are projected at 3 million bales, overtaking exports for the first time in years, which are expected at only 1.7 million bales. In contrast, India had exported as much as 13 million bales in 2011–12. The removal of the 11% import duty on raw cotton is expected to accelerate imports, particularly from the United States. In 2024 alone, the US shipped cotton worth $210.7 million to India, supporting India’s robust textile and apparel exports, valued at $10.8 billion to the US this year.Globally, the USDA estimates world cotton output at 121 million bales and consumption at 116.5 million bales, with global ending stocks reduced to 78.3 million bales. While Brazil and Turkey are expected to raise exports, declines from Australia and Egypt may balance the flow. With ICE (NYSE:ICE) cotton futures showing firmness and textile demand gradually recovering, market sentiment remains optimistic.FinallyWith falling domestic output, rising imports, and strong global cues, cotton prices are likely to remain firm, supported by tight supply and recovering demand.read more :-INR Declines by 18 Paise, Closed at 85.76 Against the Dollar

The Indian rupee on tuesday lower 18 paise to close at 85.76 per dollar, while it opened at 85.58 in the morning.At close, the Sensex was up 32.81 points or 0.04 percent at 78,017.19, and the Nifty was up 10.30 points or 0.04 percent at 23,668.65. About 1019 shares advanced, 2868 shares declined, and 107 shares unchanged.read more :-Cotton production expected to be lower than last year

Production of cotton is anticipated to be lower than it was last year.Cotton production is expected to be 295 lakh bales in the current cotton season ending in September 2025, as against 325 lakh bales in the previous season.A meeting of the Cotton Production and Consumption Committee held on Monday said that imports this season will be 25 lakh bales (16 lakh bales in 2023-2024) and exports will be 18 lakh bales. Cotton consumption by the domestic textile industry is expected to be 302 lakh bales, which will be about seven lakh bales less than the previous season.Textile and apparel exports have picked up and hence the demand for yarn is high now. S.K. Sundararaman, president of the South India Mills Association, said the government should remove import duty on cotton so that textile mills can get adequate quantity of cotton between August and November this year.read more :-Rupee opens 5 paise higher at 85.58 against US dollar

The rupee opens 5 paise higher versus the US dollar at 85.58.Indian rupee opened higher at 85.58 per dollar on Tuesday versus Monday's close of 85.63.read more :-Indian Rupee higher 31 Paisa, Ends at 85.63 per Dollar

Rupee Strengthens 31 Paisa Against Dollar, Closes at 85.63The Indian rupee on monday higher 31 paise to close at 85.63 per dollar, while it opened at 85.94 in the morning.At close, the Sensex was up 1,078.87 points or 1.40 percent at 77,984.38, and the Nifty was up 307.95 points or 1.32 percent at 23,658.35. About 2371 shares advanced, 1602 shares declined, and 153 shares unchanged.read more :-PAU to promote indigenous varieties to revive cotton crop in Malwa region of North India