Outlook For India Market For Cotton By 1961

Author : Eric Berthold Shearer
Publisher : Forgotten Books
ISBN 13 : 9780331384673
Total Pages : 36 pages
Book Rating : 4.3/5 (846 download)

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Download or read book Outlook for India As a Market for Cotton by 1961 (Classic Reprint) written by Eric Berthold Shearer and published by Forgotten Books. This book was released on 2017-11-18 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Outlook for India as a Market for Cotton by 1961 World War II, partition, and subsequent developments have caused substantial changes in the volume and pattern of Indian cotton pro duction, consumption, and imports. Even before the war, India was near the end of an important transition - from supplier of raw cotton for the mills of Lancashire to one of the world's largest producers of cotton textiles. Ivartime demands greatly accelerated this trend. Then partition transferred to Pakistan a large part of the Punjab one of India's most important cotton growing areas. The new Indian Republic's textile industry was left with a cotton supply far short of its requirements. As a result, India embarked on an ambitious cotton development program. Meanwhile, huge imports were needed to tide the industry over. The United States was the only country then in a position to supply the required quantities. Indian importers and mills found themselves handling large amounts of U. S. Cotton, with which they had had practically no previous experience. N ow, however, the cotton devel opment program - and timely rains - have increased India's produc tion of raw cotton to the point where imports can be limited to the quantity of long staples required for spinning yarns and not available from the domestic crop. Imports from the United States in the seasons of 1952 - 54 were at a more normal level, averaging about 137, 000 Indian bales (of 392 pounds net). During the 1954 - 55 season, they dropped to bales; for the first 6 months of the 1955 - 56 marketing year they were only about bales, despite the inclusion of cotton in the U. S. Foreign aid program for India in early 1955. Imports from British East Africa, India's principal supplier of long staple cotton, have been fairly steady at a relatively high level. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.