Cotton Corporation of India hands over Rs 8.89 crore dividend to Union Minister of Textiles for FY 2024–25

MUMBAI: The Cotton Corporation of India Ltd. (CCI), a Public Sector Undertaking under the Ministry of Textiles, has handed over dividend cheque of Rs 8.89 crore for the financial year 2024–25 to the Union Minister of Textiles, Shri Giriraj Singh in the presence of the Secretary, Textiles, Smt. Neelam Shami Rao and Joint Secretary, Textiles, Smt. Padmini Singla. Shri Lalit Kumar Gupta, CMD, CCI handed over the cheque.

The Textiles Secretary has highlighted the PSU’s significant role in scaling certified cotton in India. Nearly 97% of certified Kasturi Cotton Bharat, 1.51 lakh bales out of 1.58 lakh bales was produced by CCI, reinforcing quality assurance, traceability, and India’s growing presence in premium global cotton markets.

During FY 2024–25, CCI achieved a turnover of Rs 20,009 crore, marking one of the highest turnovers in the history of the Corporation. The dividend declaration demonstrates CCI’s strong financial performance, operational efficiency, and its sustained contribution to the Government of India, while fulfilling its mandate of safeguarding farmers’ interests and ensuring market stability.

CCI has achieved100% traceability of cotton bales through its Blockchain-based Bale Identification and Traceability System (BITS), enabling end-to-end tracking from procurement to processing using QR codes.