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Cotton News - India is planning to sign MOU with Bangladesh to export 10 lakh bales of cotton annually.
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India is planning to sign MOU with Bangladesh to export 10 lakh bales of cotton annually.

The Indian government is planning to sign a memorandum of understanding (MOU) with Bangladesh to export 10 lakh bales of cotton every year. Bangladesh is one of the largest buyers of Indian cotton and for its expanding textile industry, particularly garments the Bangladesh government wanted India to ensure an uninterrupted supply of cotton. According to Cotton Corporation of India, the MOU will facilitate a government-to-government transaction and it is expected that the memorandum will be signed soon.