India May Lift Cotton-Export Limit on Record Crop

India, the second-biggest cotton producer and exporter, may boost its limit on shipments to foreign buyers as domestic output jumps 21 percent to the highest ever, an association of growers and traders said.

“Everything points to the government raising the export quota when they assess the crop situation in December,” Nayan Mirani, a vice president of Cotton Association of India, said today in a telephone interview from Mumbai.