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Related Keywords: bales, CCI, cotton, cotton grower, cotton season, cotton trading, fibre, ginning, harvesting, mandis, medium-staple fibre cotton, National Agriculture Market

The CCI has started arrangements for ginning and storage of cotton for the ensuing harvesting season. The central government had newly lifted the MSP on medium-staple fibre cotton by 28% to Rs 5,150 per quintal and long-staple by 26% to Rs 5,450. Traders expect that the hike would help firm up prices in India compared to the last season, when those were lower compared with the global market.

Related Keywords: coming up soon at Chintalapalli, Deputy Chief Minister Kadiam Srihari, dyeing, estimated investment to the tune of over Rs one thousand crore, ginning, industrial cluster, land acquired from farmers, mega textile park, other units, provide direct employment, Sangem mandal in Warangal city, spinning, textile park to attract investment, weaving

A mega textile park will be coming up soon at Chintalapalli of Sangem mandal in Warangal city with an estimated investment to the tune of Rs1,150 crore and it is expected to provide direct employment to 1.13 lakh people, said Deputy Chief Minister Kadiam Srihari speaking to the media at Chintalapalli where he attended the Haritha Haram programme on Tuesday.

Nearly 1,190 acres of land has been acquired from farmers without any hassles because of the special efforts made by District Collector Prashanth J Patil.

Related Keywords: AP govt, appropriate place, at Adoni and Yemmiganur towns, create direct and indirect employment, fabric making and apparel manufacturing, Fibre to fabrics mission, ginning, history of textile trade, major cotton producting zone, major cotton trading, manufacturing, plan to set up, staple cotton, Textile Park, weaver families, yarn making

Adoni and Yemmiganur towns of Andhra Pradesh have a long history of textile trade and manufacturing. The place is considered appropriate for the concept of fibre to fabric by virtue of the area being the major cotton producing zone, a major cotton trading market at Adoni and inhabitation by over 5,000 weaver families.

The government has issued an order earmarking 100 acres from the Banavasi Veterinary farm for establishing new textile park at Banavasi, as picturesque location between Adoni and Yemmiganur in Kurnool district, cheered the local people.

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.