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Get latest articles and stories on Lifestyle at LatestLY. One of the most widely used plant products globally is cotton, specifically cotton fibre and cottonseed. It is a versatile plant that is mostly consumed in the textile industry, but it is also useful in the medical field, the edible oil industry, animal feeds, and bookbinding, among other things. The largest producer of cotton in the world is India. Lifestyle News | World Cotton Day 2022: History, Significance, Theme.