Brazil is actively pursuing an expansion of its cotton exports to India, engaging in discussions with the Indian government to secure an import quota that would exempt Brazilian cotton from India's 11% import tariff.
This initiative is part of the broader Cotton Brazil program, which aims to enhance Brazil's presence in key markets, including India, where domestic cotton production is forecasted to decline. Brazilian officials emphasize the quality and reliability of their cotton supply, positioning it as a complementary resource for India's textile industry, which is facing challenges in meeting its growing demand[1][5].
Citations:
[1] https://cottonbrazil.com/market-expansion-for-brazilian-cotton-is-top-of-the-agenda-in-india/
[2] https://cottonbrazil.com/brazil-has-the-high-quality-cotton-that-the-indian-textile-industry-seeks/
[3] https://oec.world/en/profile/bilateral-product/raw-cotton/reporter/bra
[4] https://www.gov.br/secom/en/latest-news/2024/07/producers-exporters-apexbrasil-propel-brazil-to-global-cotton-export-leadership
[5] https://agriculturepost.com/interviews/brazil-sets-sights-on-expanding-cotton-exports-to-the-indian-market/
[6] https://tradingeconomics.com/brazil/exports/india/cotton
[7] https://agriculturepost.com/international/brazil/brazil-kicks-off-cotton-events-in-india-with-cotton-brazil-outlook-taking-place-on-friday/
[8] https://tradingeconomics.com/india/exports/brazil/cotton