Cotton production, which was 15.80 million bales in 2001-02 has more than doubled and is estimated at 40.55 million bales of 170 kg each during 2014-15, CAI President Dhiren Sheth said at a cotton conference here.
The cotton sector has taken rapid strides in acreage, production, productivity, consumption and export of cotton, he said.
The acreage under cotton in India has increased to 12.65 million hectares during 2014-15 and India now has a share of 37 per cent of the world's total cotton acreage, Sheth said.
The modernisation of ginning and pressing factories, which was the key factor to improving the standard of processing cotton in India to a large extent, was undertaken by the government under the Technology Mission on cotton several years back and needs immediate follow up in mission mode to cope up with the increased crop size.
"The productivity level, which witnessed a marked improvement over a decade thanks mainly to the adoption of GM technology and encouraging Government policies, is now saturated and is still far below the world average."
