Ramkumar cotton sector facing number of challenging issues

Supply-demand situation, soaring prices, quality, contamination aspects, penetration into value-added sectors are priorities that need the attention of cotton sector stakeholders.

On April 25, a team of key people from Bajaj Coneagle, LLC and its parent company, Nagpur, India-based Bajaj Steel Industries, Ltd., a leading manufacturer of cotton ginning machinery, visited Lubbock to explore the current cotton sector’s situation. As part of the visit, I had the opportunity to gain information about the cotton situation.

Ramkumar

With cotton prices at higher levels, discussions focused on what’s next for the industry. With the current drought conditions in the High Plains, if this situation persists, it is expected that cotton yields may suffer in the world’s leading cotton producing region, affecting the supply and demand situation, said Lav Bajaj, business director of Bajaj Steel Industries, Ltd., with a sales turnover of about $60 million related to gin machinery business.

https://www.lubbockonline.com/story/opinion/2022/04/29/ramkumar-cotton-sector-facing-number-challenging-issues/9558593002/

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