India's cotton imports to increase by 42% in 2024-25 due to fall in production, says CAI

India's cotton production for 2024-25 is expected to decrease by 7% due to reduced acreage and damage from excessive rainfall. Cotton imports are predicted to rise by 42%, while exports may drop by 37%. The total cotton supply is estimated to be 357.44 lakh bales, while domestic consumption remains unchanged at 313 lakh bales.