"Due to the improvement in productivity expected on account of better weather conditions across all cotton growing regions of the country, the country expects to produce about 345 lakh bales during 2016-17," former CAI President Dhiren Sheth said at the association's annual general meeting (AGM) here.
The production of cotton in the country which had reached a record high of over four crore bales during the 2013-14 crop year fell to about 386 lakh bales in 2014-15, Sheth added.
Productivity of cotton continues to remain well below the world average productivity mark. However, looking at the initiatives taken by the Centre and continued research by scientists, one can hope that India would soon achieve the world average productivity mark, he said.
Cotton prices also sought lower levels almost during the entire 2015-16 cotton season, resulting in lower realisation of prices by farmers for their produce. This has led to a reduction of over 10 per cent in the acreage under cotton during 2016-17, said Sheth.
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The world-over, trading of cotton is done on the basis of quality parameters. In order to be in sync with this trading norm and looking to its crop size, our country requires a huge boost in infrastructure, said the CAI chief.
Sheth pointed out that CAI took the initiative in converting this challenge into an opportunity and set up eleven laboratories across the country, with one more laboratory in the pipeline.
Meanwhile, CAI today appointed Nayan C Mirani as its new President and Udayan Thakkar as Vice President for 2016-17.