A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop s prospects in the 2024-25 season that starts in October.
Addressing the association s annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest.
The fear of a decline in acreage comes against the backdrop of India s cotton production probably falling to its lowest in a decade, according to estimates.