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Export dynamics of raw cotton in India
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In this study, the dynamics of changes have been measured in the export of raw cotton from India to different export markets. The compound growth rate, Coefficient of Variance (CV), Cuddy-Della Index and Markov chain analysis were used to analyse the secondary data of raw cotton export for the last 17 years. The result reveals that the export of Indian raw cotton was mainly focused on Bangladesh, Vietnam, Pakistan, China, and Indonesia. Though the export of raw cotton generates better returns, all the countries showed higher instability during the study period. The export of raw cotton from India is highly volatile and needs diversification. |