India will export 10 lakh cotton bales annually to Bangladesh. Soon the Indian Government will sign a memorandum of understanding (MoU) with Bangladesh in this regard.
Bangladesh is one of the largest buyers of Indian cotton for its expanding apparel manufacturing industry and it has always wanted India to ensure uninterrupted supply of cotton – the MoU is a step in that direction.
Pradeep Kumar Agarwal, CMD, Cotton Corporation of India Limited (CCI) said that this MoU will facilitate a Government-to-Government transaction. The CCI will handle the exports to Bangladesh.
He said that the MoU was scheduled to be signed during PM Narendra Modi’s visit to Bangladesh earlier this year. But, due to elections in states such as Bengal, the MoU could not be signed.
It is pertinent to mention here that India is the world’s largest cotton producing country, which produces 6,188,000 tonnes of cotton per year. Notably, it is around 26 per cent of global cotton production.
Bharat Tex Special Report 2026 
