Forecasted cotton production at the farm gate in India shows a consistent upward trend from 2024 to 2028, moving from 10.44 billion euros in 2024 to 11.57 billion euros in 2028. The annual growth rates are as follows: 2025 (2.68%), 2026 (2.70%), 2027 (2.54%), and 2028 (2.48%). The average annual growth rate (CAGR) over this five-year forecast period is approximately 2.60%.
In 2023, actual cotton production at the farm gate stood at 10.20 billion euros, indicating a positive growth trend in the sector. Over the past two years, growth was 2.35% in 2023 and 2.35% in 2024 year-on-year.
Future trends to watch for include potential impacts of climate change on cotton yield, advancements in cotton farming technology, and shifts in global demand for cotton textiles. Additionally, policy changes and subsidies from the Indian government may further influence production volumes and economic outcomes in this sector.
