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    Cotton was an essential staple fabric, which was needed in almost every

    work of life.

    Cotton is one of the principal crops of India and is the major raw material for

    domestic textile industry.

    The Indian Cotton Industry provides sustenance to millions of farmers as

    also the workers involved right from processing to trading of cotton.

    In 1854, James Landon established the Broach Cotton Mill, which was the

    first successful cotton mill in Bombay.

    In 1856, the first steam-driven cotton mill also went for production.

    Government of India in October 1861 issued a waste lands order for the

    purpose of encouraging the growth of cotton.

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    The Indian textile industry consumes a diverse range of fibers and

    yarn, but is predominantly cotton based.

    By 1883, seventy-nine cotton industries were in operation, as

    Bombay took the industrial lead.

    The Government of India had liberalized raw cotton exports since

    July 2001.

    Exports of cotton from the country are under Open General License

    (OGL) since July 2001.

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    The average national yield has been almost doubled to 560 kg per hectare,

    climbing from around 300 kg per hectare as recently as 2008/09.

    Today Cotton crop contributes about 14 16% to the total agricultural-crop

    in India.

    India has the largest area cotton cultivation with 9 million hectares in the

    world constituting 26% of total world cotton area.

    60 million people including 4.5 million farmers in India are depended on

    cotton production to earn their livelihood.

    About 60% of India's current season shipments have gone to China, the

    world's biggest consumer. The CAB expects India to begin the 2010-11 year

    with opening stocks of 4.05 million bales, down over 43% on a year ago.

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    Market

    Capitalization

    It contributes about 14% to the industrial

    production, 4% to the GDP and 14.42% to the

    country's export earnings.

    Geographical

    Distribution

    Punjab, Haryana, Rajasthan, Maharashtra, Madhya

    Pradesh, Gujarat. Andhra Pradesh, Karnataka and

    Tamil Nadu

    Percentage in World

    Market

    India presently produces 4.59 million tonnes ofcotton with 27 million bales of 170 kgs each which

    constitutes 18% of the world cotton production

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    YearQty. (in lakh bales of

    170 kgs each)

    Value (in Rs. crores)

    2006-07 58.00 5267.08

    2007-08 88.50 8365.98

    2008-09 35.00 3837.13

    2009-10 83.00 9578.20

    2010-11 49.50 NA

    Cotton Exports from India

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    CHINA P RPBANGLADESH

    PRPAKISTAN IR KOREA RP TURKEY other

    2008-2009 173,782.63 184,102.05 43,244.88 63,866.71 40,530.72 916,903.28

    2009-2010 588,781.22 213,639.47 113,334.39 109,998.79 83,128.12 1,053,414.17

    0

    100000

    200000

    300000

    400000

    500000

    600000

    700000

    800000

    900000

    1000000

    1100000

    Valuein

    Rs.

    Lakh

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    Year Production (lakh bales) Consumption

    by mills

    Export

    (As per DOCD) (As per CAB)

    2004-05 137.88 179.00 150.39 12.11

    2005-06 170.02 243.00 163.98 9.14

    2006-07 189.27 241.00 180.10 47.00

    2007-08 240.40 280.00 194.89 58.00

    2008-09 243.14 307.00 217.21 88.50

    2009-10(E) 258.25 290.00 210.00 35.00

    (Lakh bales of 170 kg. each)

    DOCD - Directorate of Cotton Development, Ministry of AgricultureCAB - Cotton Advisory BoardE - Estimated by Cotton Advisory Board

    Source: http://www.txcindia.com

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    COTTONCARDED

    COTTONSEWNGTHRED

    COTTONYARN

    WOVNFIBRES OFCOTTON

    2006-07 1,026.77 1,013.52 584.34 512.3

    2007-08 12,875.01 7,923.04 3,892.97 4,305.412008-09 3,153.88 10,605.00 8,429.64 5,341.63

    2009-10 14,267.68 13,947.48 9,983.45 10,698.38

    02,0004,0006,0008,000

    10,00012,00014,00016,000

    Values

    in

    Rs.

    Lacs

    Export performance of cotton product

    Source: commerce.nic.in/eidb/ecom4.asp?hs=52

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    0

    5,000

    10,000

    15,000

    20,000

    25,000

    2005-06 2006-07 2007-08 2008-09 2009-10

    Valuesin

    Rs

    .Crores

    Year

    Export performance of cotton

    Source: commerce.nic.in/eidb/ecom4.asp?hs=52

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    HSCode Commodity 2009-2010 percentage

    5201 COTTON, NOT CARDED OR COMBED 938,875.44 43.42

    5202 COTON WAST(INCL YARN WAST & GRNTED STOCK) 14,320.53 0.66

    5203 COTTON CARDED OR COMBED 512.3 0.02

    5204 COTON SEWNG THRED W/N PUT UP FOR RETL SALE 4,305.41 0.2

    5205 COTN YRN(OTHR THN SWNG THRD)CNTNG 85% OR

    MORE BY WT OF COTON NT PUT UP FR RETL SALE

    731,445.42 33.82

    5206 COTON YRN(OTHR THN SEWNG THRD)CONTNG COTON 5,341.63 0.25

    5207 COTTON YARN(OTHER THAN SEWING THREAD) PUT UP

    FOR RETAIL SALE

    22,549.85 1.04

    5208 WOVN FBRCS OF COTON CONTNG>=85% BY WT OF

    COTON WEGHNG NT MORE THN 200 G/M2

    277,760.58 12.85

    5209 WOVN FBRCS OF COTTON, CONTNG >=85% COTN BY WTWEIGHING>200 GM PER SQM

    113,973.00 5.27

    5210 WOVN FBRCS CONTNG

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    43%

    1%0%

    0%

    34%

    0% 1%

    13%

    5%

    0%

    1%

    2%

    Total export percentage in various cotton products

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    General rate of Central Excise Duty is reduced from 10% to 8%.

    Rate of Service Tax on taxable services is reduced from 12% to 10%.

    According to textile industry, cotton price in India are currently at all time

    record high in spite of a bumper crop of 295 lake bales during cotton year2009-10(oct-dec).

    Shankar-6 which our standard cotton was being sold at around `23000 a

    candy (355kg) at the beginning of the year, but it is now being sold at `38000

    a candy and is scarcely available even at this price the current price is more

    than 50% higher than the minimum support price fixed by govt. and the pricesare increasing every day.

    Export policy for cotton has been changed from restricted to free earlier

    this year and the stipulation license for export has been withdrawn.

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    !!!