Imports of top quality Supima cotton from the United States increased last year to 2,19,360 lakh US bales (480 pounds each) from 1.74,822 bales in 2020, owing largely to leading US brands shifting their garment sourcing to India from China.
The global textile supply chain has been emphasizing sustainability and traceability throughout the value chain.
Bruce Atherley, Executive Director of Cotton Council International, stated at a recent industry event that brands are becoming more responsible in their sourcing strategies as sustainability and transparency are no longer optional. Leading brands are mapping their supply chains all the way back to spinning mills and looking for reliable supply chain partners. He went on to say that it isn't just about money.
According to Peush Narang, CCI Country Representative - India and Sri Lanka, the Indian textile industry is at a critical juncture today, thanks to the cotton, and there has been a significant recovery in the Indian textile industry.
"The US Cotton Trust Protocol, the US cotton industry's sustainability programme, and Cotton USA Solutions' technical consultancy programme are gaining traction." "When it comes to cotton imported into India, US cotton remains the most preferred fibre," he added.
Cotton Council International, the National Cotton Council of America's export promotion arm, is a non-profit trade association that promotes US cotton fibre and manufactures cotton products around the world under the COTTON USA trademark.
India’s Textile Exports
India's textile exports have been brisk as a result of rising demand and government support. Between April and December 2021, total Textiles & Apparel including Handicrafts exports increased 41% to $29.8 billion, up from $21.2 billion in the same period last year.
During the period April-December, the textile sector's exports, which included textile, apparel, and handicraft, increased by 15% year on year. Cotton yarn, fabrics, made-ups, and handloom products increased by 43% year on year during the period, while jute product exports increased by 33%.
Exports increased by a record 37% year on year to $37 billion in December, the highest-ever monthly exports achieved so far. In the same period last year, exports totaled more than $27 billion.
Exports increased by a record 37% year on year to $37 billion in December, the highest-ever monthly exports achieved so far. In the same period last year, exports totaled more than $27 billion.
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