You can be on Entrepreneur’s cover!

Its Time For India To Adopt World Standards In Cotton Productivity, Says Piyush Goyal The Union minister also said that all stakeholders must perform best practices to boost cotton productivity in India

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Piyush Goyal, Union minister for commerce and industry, textiles, consumer affairs and food and public distribution, has reportedly said that, it's time for India to adopt world standards in cotton productivity. He also said that all stakeholders must perform best practices to boost cotton productivity in India.

"It is time for India to adopt world standards in cotton productivity. All stakeholders must share best practices to boost cotton productivity in India to boost farmer incomes. The private sector must contribute to boost research in productivity, farmers education as well as branding to which government would provide matching support. The private sector has to act in a mission mode to strengthen the cotton value chain. We need to brand our own cotton which is good quality by equal contribution from industry," said Goyal, while speaking at an interactive meeting with stakeholders of the cotton textile value chain held at Vanijya Bhawan, New Delhi.

According to his words, cotton works like a bridge between agriculture and textile sector. Cotton-based products have a significant share of total textiles and apparel products both at the domestic and international levels. In his words, "With market access opening through FTAs, it is imperative to get our act together to enhance both productivity and quality. It is vital to increase yield and profit margins for cotton farmers by creating awareness about right seeds and encouraging farmers to adopt modern technology and progressive agricultural practices."

Narendra Singh Tomar, said in a news report quoted as saying, "The growth of cotton production and productivity is vital to employment growth in the country. The short-term and long-term strategies are needed to be worked out for boosting productivity."

As per reports, cotton production in India is projected to reach 7.2 million tonnes by 2030. It is also said that India is the world's largest producer of cotton and the production stood at 360.13 lakh bales for the crop year of October 2021 to September 2022.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

News and Trends

IT Firm Happiest Minds Technologies Acquires Macmillan Learning India

The deal will likely be finished by April 30 and will cost INR 4.5 crore.

Leadership

You Won't Have a Strong Leadership Presence Until You Master These 5 Attributes

If you are a poor leader internally, you will be a poor leader externally.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.

Health & Wellness

How This Millionaire Investor Overcame Opioid Addiction to Become the World's Fastest Marathoner Over 50

Ken Rideout shares five invaluable lessons for achieving peak performance physically and mentally.