CAI maintains India's cotton production at 294 lakh bales for 2023-24In January 2024, the Cotton Association of India (CAI) upheld its projection for cotton output production and consumption, keeping the cotton output steady at 294.10 lakh bales of 170 kg and domestic consumption at 311 lakh bales for cotton season 2023-24. This suggests that India’s cotton production could decline from the 318.90 lakh bales recorded in the previous season of 2022-23.