📺 Stream EntrepreneurTV for Free 📺

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.
Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Collaboration

5 Ways Solopreneurs Can Scale Their Business Through Collaboration

Our culture loves to perpetuate the myth that entrepreneurs must go it alone. But for many, the path to success is found in collaboration.

Leadership

I Quit! You Just Don't Know It Yet — How to Stop Disengagement and Ensure Your Employees Remain Vibrant and Productive

Disgruntled or disenchanted employees are giving up and doing the minimum at their jobs. Are people quiet quitting on you?

Leadership

How to Harness the Power of Authentic Storytelling to Become a More Effective and Inspiring Leader

Storytelling enhances business leadership by inspiring a culture of authenticity and trust through sharing relevant personal stories.