Major African cotton producer Mali expects to increase output to 1 million tonnes annually within two to three years as it mulls new cotton varieties to boost yields, its agriculture minister said in an interview on Monday.
Mali is targeting a record 2019/20 cotton crop of 800,000 tonnes this year which is expected to make it the top producer in Africa, edging out rival Burkina Faso.
The Cotton Association of India lowered its cotton production forecast for India in the agricultural season 2018/19 by 10.3%. Will the Cotton quotations continue growing?
According to Ebrahim Hezarjaribi, the executive of the Cotton Project at the Ministry of Agriculture, Iran’s annual cotton production will reach 386,000 tons by 2025, making the country self-sufficient in using the material in the textile industry.
Last Iranian year (ended March 20), the country’ self-sustainment coefficient stood at about 45%, he said, adding that figure in envisaged to reach 58% this year.
According to him, the cotton sowing area is expected to reach 82,000 hectares this year.
It is expected that 228,000 tons of cotton will be harvested this year, he added.
Warp and weft interspersed with vibrant colours resulting in exquisite well-crafted designs make handloom yardages unique canvases that are a seamless blend of ancient heritage and contemporary design.
The second largest income generating activity after agriculture in India, handlooms bind together threads of diversity making us aware of the distinct contribution of each region. Look at a handloom cloth and you can identify the place of its origin,history, culture and folklore.
Garware-Wall Ropes Ltd. (GWRL), one of India's leading players in the technical textiles sector, has been awarded the prestigious ‘Top Exporter Award’ for their outstanding performance in the Fish Netting export category and Ropes category for FY 15-16 and FY 16-17 by the Plastics Export Promotion Council (PLEXCONCIL) at an award function held in The Leela, Mumbai recently.
At a seminar organised by the Confederation of Indian Industries (CII) in Coimbatore on Thursday, a delegation from five African nations discussed about opportunities in textiles, food and agro-processing, agriculture, leather and leather garments, renewable energy, healthcare, pharmaceuticals and education where Indian industrialists and entrepreneurs can find business potential in African countries.
Mali, Seychelles, Uganda, Ehtiopia and Botswana were the African nations that had their representative talk about business opportunities in their respective countries.
At the conclusion of a meeting of the Pakistan-Italy Joint Economic Commission on Monday, Italy’s Deputy Minister for Economic Development Ivan Scalfarotto said that his country is in favour of free trade with Pakistan under the umbrella of the European Union (EU). The two countries, Pakistan and Italy have identified areas of cooperation to have greater economic and commercial exchanges for mutual benefit.
Diplomats of seven African countries, Mali, Tanzania, Ethiopia, Uganda, Zambia, Botswana and Mauritius speaking at a meeting organized by the Confederation of Industry in Coimbatore on Thursday on Africa Seminar Series – the Land of Unexplored Potential, invited the trade and industry in Coimbatore region to invest in their countries, especially in sectors such as agriculture, textiles, energy, and education.
An Indian business delegation is expected to visit the North African country, Morocco next week to boost further trade exchanges between the two countries and explore the possibilities of partnership projects in various sectors such as textile, infrastructure, energy, information technology, construction, agriculture, chemicals and fertilizers, mining, and automotive.
This visit comes one month after Morocco and India set up a joint trade and industry chamber to give a new impetus to cooperation between the two countries.
Mian Rehman Aziz, Regional Chairman and Vice President of the FPCCI during his meeting with Dr Joao Paulo Sabido Costa, Ambassador of Portugal to Pakistan at the FPCCI Regional Office Lahore on Wednesday said that Portugal comes at the eighth place among the top exporting destinations and at 12th place among the top importing member states of the European Union. GSP Plus status of Pakistan favours trade promotion with Portugal.
