Third Meeting of COCPC Highlights Strong Cotton Production and Consumption for 2023-24 Season

New Delhi: The third meeting of the Committee on Cotton Production and Consumption (COCPC) for the 2023-24 cotton season took place today under the chairpersonship of Roop Rashi, Textile Commissioner, Ministry of Textiles, Government of India. Representatives from the Central and State Governments, textile industry, cotton trade, and ginning and pressing sectors attended the meeting. The discussions focused on the state-wise area, production, import, export, and consumption of cotton.

During a post-meeting press conference, Textile Commissioner Roop Rashi announced that the industry would have sufficient raw material availability for the upcoming season. “Cotton consumption has increased, marking the second highest consumption in the past ten years,” she said. “The industry is on a good path, and we look forward to better consumption statistics.”

Lalit Kumar Gupta, Chairman-cum-Managing Director of the Cotton Corporation of India (CCI) Ltd., highlighted the implementation of QR code traceability for each cotton bale. “This ensures transparency and better quality by providing information on the village of procurement, the factory where it was processed, and the date of sale,” he explained.

State-Wise Cotton Production and Consumption:

The committee reviewed and finalized the state-wise area, cotton production, and balance sheet for the cotton seasons 2022-23 and 2023-24 as follows:

  • Area under Cultivation: The meeting discussed the total area under cotton cultivation in various states, highlighting any significant changes from the previous season.
  • Production Estimates: Detailed production estimates were provided for each state, taking into account factors such as weather conditions and pest management efforts.
  • Import and Export: The committee analyzed the data on cotton imports and exports, considering global market trends and trade policies.
  • Consumption: The discussion included consumption rates within the country, noting the increase in domestic usage of cotton.

Cotton Balance Sheet for the cotton season 2022-23 and 2023-24 as drawn by COCPC as on 24.06.2024

Particulars 2022-23 2023-24 (P)
(In lakh bales of 170 kg. Each) (in Thousand Tons) (In lakh bales of 170 kg. Each) (in Thousand Tons)
SUPPLY        
Opening Stock 39.48 671.16 61.16 1039.72
Crop 336.60 5722.20 325.22 5528.74
Import 14.60 248.20 12.00 204.00
TOTAL SUPPLY 390.68 6641.56 398.38 6772.46
DEMAND        
Non-MSME Consumption 197.80 3362.60 204.00 3468.00
MSME Consumption 99.83 1697.11 103.00 1751.00
Non Textile Consumption 16.00 272.00 16.00 272.00
Export 15.89 270.13 28.00 476.00
TOTAL DEMAND 329.52 5601.84 351.00 5967.00
Closing Stock. 61.16 1039.72 47.38 805.46

Key Outcomes and Future Plans:

The meeting underscored the importance of transparency and quality in cotton production and trade. The QR code initiative for cotton bales is expected to enhance trust and efficiency in the supply chain. Additionally, the increase in cotton consumption reflects positive trends in the textile industry, with potential for further growth.

The committee also emphasized the need for continuous monitoring and support for cotton farmers and the textile industry to ensure sustainability and competitiveness in the global market.

AREA AND PRODUCTION ESTIMATED BY THE COMMITTEE ON COTTON PRODUCTION ON CONSUMPTION ON 24.06.2024

COTTON SEASON 2022-23 AND 2023-24

Area: in Lakh Hectares
Production: in Lakh bales of 170 kg.
Yield: Kg per hectare

State Area Production* Yield
2022-23 2023-24 (P) 2022-23 2023-24 (P) 2022-23 2023-24 (P)
Punjab 2.49 2.14 4.44 6.29 303.13 499.67
Haryana 5.75 5.78 10.01 15.09 295.95 443.82
Rajasthan 8.15 10.04 27.74 26.22 578.63 443.96
Total North Zone 16.39 17.96 42.19 47.60 437.60 450.56
Gujarat 24.84 26.83 87.95 90.60 601.91 574.06
Maharashtra 41.82 42.34 83.16 80.45 338.05 323.02
Madhya Pradesh 5.95 6.30 14.33 18.01 409.43 485.98
Total Central Zone 72.61 75.47 185.44 189.06 434.17 425.87
Telangana 19.73 18.18 57.45 50.80 495.01 475.03
Andhra Pradesh 7.04 4.22 15.41 7.25 372.12 292.06
Karnataka 9.49 7.39 25.68 20.47 460.02 470.89
Tamil Nadu 1.73 1.30 3.19 2.78 313.47 363.54
Total South Zone 37.99 31.09 101.73 81.30 455.23 444.55
Odisha 2.16 2.16 7.05 7.05 554.86 554.86
Others 0.12 0.12 0.19 0.21 269.17 297.50
All-India 129.27 126.80 336.60 325.22 442.65 436.02

The comprehensive state-wise data and projections will help stakeholders make informed decisions and align their strategies with the overall goals of the cotton sector.

The third meeting of the COCPC for the 2023-24 season marked significant progress in cotton production and consumption, with a focus on transparency, quality, and growth. The collaborative efforts of various stakeholders are expected to drive the industry forward, benefiting both producers and consumers.

The next meeting of the committee is scheduled for later this year, where further assessments and strategies will be discussed to maintain the momentum and address any emerging challenges in the cotton sector.

Cotton Seed