Why is it in the news?
- The annual Plenary Meeting of the ICAC serves as a significant forum for member countries to convene, discuss, and strategize on matters related to the cotton industry.
- The 81st Meeting, hosted by India, revolves around the theme “Cotton Value Chain: Local Innovations for Global Prosperity,” emphasizing the need for localized solutions with global impact.
| About ICAC
· India holds a distinguished status as one of the founding members of the International Cotton Advisory Committee (ICAC), reflecting its historical and ongoing commitment to international collaboration in the cotton sector. · The ICAC was established in 1939 and operates from its headquarters in Washington, United States. This organization has been instrumental in fostering cooperation among cotton-producing, consuming, and trading nations. · The ICAC is a unique association that brings together 28 member countries, fostering a global network of collaboration and information exchange within the cotton industry. Notably, India’s active participation as a member underscores its dedication to shaping international cotton policies. |
- India holds a prominent position as the second-largest cotton producer globally, contributing significantly to the international cotton market.
- India takes pride in having the largest expanse of land dedicated to cotton cultivation, highlighting the country’s pivotal role in meeting global cotton demands.
- The cotton textile industry in India is strongly anchored in states such as Gujarat, Maharashtra, and Telangana. These states collectively account for approximately 65% of the nation’s total cotton production, underscoring their crucial role in shaping India’s cotton landscape.
Kasturi Cotton Bharat
- Kasturi Cotton Bharat stands as a flagship initiative launched by the Ministry of Textiles in India. This premium cotton brand aims to elevate the global competitiveness of Indian cotton by taking a proactive approach to branding, traceability, and certification.
- Objectives of Kasturi Cotton Bharat:
- Enhancing the competitiveness of Indian cotton on the global stage.
- Ensuring benefits for all stakeholders involved in the cotton value chain.
- Prioritizing sustainability in cotton production practices.
- Leveraging blockchain technology for traceability, ensuring transparency in the supply chain.
- Aspiring to be carbon positive, aligning with environmentally conscious practices.
