India turns second largest cotton producer after China
India has overtaken the US to become the second largest cotton producing country in the world, after China.
By PTI |
COIMBATORE: India has overtaken the US to become the second largest cotton producing country in the world, after China, a study by International Service for Acquisition of Agri-biotech Application (ISAAA) said.
India, which was having one of the lowest cotton yields in the world, has become a net cotton exporter, potentially five million bales in 2007-08, the study said. Bt cotton was a major factor contributing to higher rate of production from 15.8 million bales in 2001-02 to 31 million bales in 2007-08, it said.
Releasing their brief on global status of commercialised biotech/gm crops:2007, Dr CP Thiagarajan, a former professor of Tamil Nadu Agricultural University, said India experienced the highest proportional increase in 2007 for the third consecutive year with a 63% gain to 6.2 million hectare of bt cotton. The income of growers in India has also increased up to Rs 10,000 or more per hectare.
The studies have shown strong farmer confidence in the crops with nine of 10 Indian farmers replanting biotech cotton year on year, ISAAA said.
India, which was having one of the lowest cotton yields in the world, has become a net cotton exporter, potentially five million bales in 2007-08, the study said. Bt cotton was a major factor contributing to higher rate of production from 15.8 million bales in 2001-02 to 31 million bales in 2007-08, it said.
Releasing their brief on global status of commercialised biotech/gm crops:2007, Dr CP Thiagarajan, a former professor of Tamil Nadu Agricultural University, said India experienced the highest proportional increase in 2007 for the third consecutive year with a 63% gain to 6.2 million hectare of bt cotton. The income of growers in India has also increased up to Rs 10,000 or more per hectare.
The studies have shown strong farmer confidence in the crops with nine of 10 Indian farmers replanting biotech cotton year on year, ISAAA said.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
ADVERTISEMENT
