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Cotton trends in India
A crop of significant economic importance, valued at over Rs. 15000 Crs.
Provides income to 60 million people
Crucial raw material for Rs 83000 Crores textile industry out of which Rs 45754 crores is exports
Approx. 20 Million acres of cotton provides livelihood to almost 4 million farmers.
Damage by Insect pests reduce yields by 50%
Farmers spend most money on controlling bollworms; upto 15 sprays and over Rs 1000 Crs.
Yields are reduced in spite of sprays as insects are resistant to chemicals