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India Announces Cotton Export Allocation, Online System

India's Department of Commerce is allowing the export of up to 55 "lakh bales" of cotton from October 1, 2010 during 2010-11. According to the Secretary of Commerce, the approximate cotton production in the country during 2010-11 is likely to…

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be 325 lakh bales. The Secretary added that the Office of the Textile Commissioner will put in place a system for online registration for export of cotton by September 15, 2010.