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Related Keywords: CCI, drop in production, higher demand from Bangladesh, Higher exports will cap global prices, Indian cotton, MSP, offset poor demand from China, Pakistan and Vietnam, pilot project for Maharashtra farmers, raise domestic prices, Textile Commissioner Kavita Gupta

Textile Commissioner Kavita Gupta after a meeting of the state-run Cotton Advisory Board on Tuesday said that they are expecting higher demand from Bangladesh, Pakistan and Vietnam. This will offset poor demand from China.

India, the world's biggest cotton producer, is likely to export 6.8 million bales in the 2015/16 season, up 18 percent from a year ago as demand from Asia is expected to improve, a senior government official said.

Higher exports will cap global prices, but raise domestic prices and help bring down government purchases at the support price.

Related Keywords: alternative markets for exports, CCI, China major importer, CITI, cut in production, decline in cotton yarn exports, garment sector, Indian spinning mills, looking to domestic demand, lower capacity utilization, relief from oversupply situation

Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major importer of cotton yarn from India with a share of about 46% of Indian exports of the commodity, but that has declined substantially – to an estimated 4% in the first three quarters of FY2015 – undermining the health of Indian spinning mills.

Related Keywords: CCI, Cotton Advisory Board, current marketing year, loss incurred, minimum support prices, prevent distress sales by farmers, procurement operation, procures fibre from farmers, record losses incurred, reimbursed by government, State run cotton corporation of India, textile vision policy

The state-run Cotton Corporation Of India (CCI) that procures the fibre from farmers at minimum support prices (MSPs) to prevent distress sales by farmers and sells the stocks later in the market. Any loss incurred out of the procurement operation is reimbursed by the government. In the current marketing year through September, the government will likely incur record losses of around Rs2,500 crore on its cotton procurement operations.

Related Keywords: CCI, Chandigarh Fair, exhibitors and visitors come, Federation of Pakistan Chambers of, Federation of Pakistan Chambers of Commerce and Industry, FPCCI, handicrafts, IITF, members of Saarc, push trade ties, readymade garments, spot selling particularly of fabrics, take part in two major trade fair, textile made-ups, to be held in India

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has announced that it will take part in two major trade fairs in India this year to push trade ties as a large number of exhibitors and visitors come from member countries of the South Asian Association for Regional Cooperation (Saarc).

The first will be the Chandigarh Fair which will be organized by the Confederation of Indian Industries (CII) from November 6 to 9, 2015 in Chandigarh.

Related Keywords: CCI, conjunction with National Cotton Council, Cotton Council International, high quality cotton, in India, launch old flagship brand, manufactured cotton products, promote US cotton fiber, Textile Industry, through Cotton USA

Cotton Council International (CCI) in conjunction with the National Cotton Council works to promote U.S. cotton fiber and manufactured cotton products through COTTON USA in more than 50 countries globally. CCI is now all set to launch its 25-year old flagship brand, COTTON USA in India.

Related Keywords: CCI, forced to get cotton, from distant places, incurring additional transportation, Kapas prices, other costs, running out of cotton stock, Textile mills in Telangana, TSTMA

Textile mills in Telangana are running out of cotton stock. The raw material stocks at many of the 32 mills are barely enough for ten days, said Sushil Sancheti, treasurer of Telangana Spinning & Textile Mills Association (TSTMA).

The association president R.K.Agarwal said that making them sound the alarm bells is not as much the inventory as the limited stocks put up for sale by CCI. There is a huge mismatch between the requirement of mills all over India and the supply offered by CCI.

Related Keywords: and decorative items, business development, business relation to grow immensely, Business Roundtable, carpets, CCI, curtains, EPCH, Free trade agreedment negotiation to begin, handbags, India Handicraft Exhibition, Peru and India, products ranging from textiles, women’s clothes

Peru and India to begin with Free Trade Agreement (FTA) negotiations in the second half of the year which is expecting relations between Peruvian and Indian businesses to grow immensely. Peruvian trade with India could reach the billions with Free trade and business developments.

That means improved processes to reach business agreements and more money for the countries living worlds apart.

Related Keywords: biggest producer of cotton, CCI, China to curb purchases, declining demand, India, Pakistan and Vietnam, raise sales to Bangladesh, second biggest seller, this crop year, to a five year low, to suffer steepest loss, witness fall in cotton exports, world stockpiles

India, the world’s biggest producer and second biggest seller, are likely to witness fall in cotton exports by 41 percent to a five-year low of 7 million bales this crop year ending September as China, the top buyer to curb purchases, according to government official.

Lower exports from India could support benchmark New York price that fell to a one-week low on Monday.

Related Keywords: CCI, cotton corporation of India, cotton farmers, cotton market price, Cotton price in Andhra Pradesh, Cotton price in Telangana, textlle ministry, Vidarbha farmers

The State-run Cotton Corporation of India (CCI) has started procuring cotton at the minimum support price (MSP) in Andhra Pradesh and Telangana to protect farmers. So far, 58,000 bales of cotton have been procured from Andhra Pradesh and Telangana as the market price in these two states have fallen below the MSP rate of Rs 4,050 per quintal

CCI started MSP operation last month. About 55,000 bales of cotton were procured from Adilabad and Warangal region of Telangana, while the rest 3,000 bales from Guntur in Andhra Pradesh, the official said.

Related Keywords: 000 bales capacity, 60, Board for Industrial and Financial Reconstruction, CCI, ginning, lease land, NTC, pilot basis, pressing factory, sick unit, warehouse

Cotton Corporation of India plans to set up its first ginning and pressing factory with capacity of 60,000 bales at Adoni in Andhra Pradesh for which it will take 7.17 hectares of land on lease in one of the sick units of the National Textile Corporation in the newly-formed State to set up the ginning unit on a pilot basis.
 
The Corporation is also open to setting up similar units in Telangana, which is among the largest cotton growing regions in the South, if the newly-formed State Government offers land free of cost.