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Related Keywords: China top destination, export cotton bales, Export demand for cotton, firm up cotton prices, for India cotton remain inactive, India losing market share in cotton and MMF, Indian Cotton Federation, remain sluggish, spurt in export demand for cotton, world’s cotton area is expected to decline

Export demand for cotton to remain sluggish as China, the top destination for Indian cotton, remaining inactive in importing the commodity, exports are unlikely to see significant growth this year. Due to the sudden spurt in export demand for cotton as helped firm up cotton prices in recent times, according to Indian Cotton Federation (ICF) .

Related Keywords: cotton transport, exemption of service tax, ginned or baled, GTA, Indian Cotton Federation, Indian textiles and clothing industry, Southern India Mills’ Association

Indian Cotton Federation hails over the announcement made in the budget, exempting of service tax on loading, unloading, packing, storage or warehousing, transport by vessel, rail or road (GTA), of cotton, ginned or baled. It is a welcome move and in the right direction.
 

Related Keywords: Indian Cotton Federation, Indian cotton industry, Indian cotton scenario, Second all India cotton conference

The second All India Cotton Conference is being organized by Indian Cotton Federation (ICF) based on the theme ‘Indian Cotton Scenario in the Current Context 2014-15’. The second conference will be a follow up of the Federation’s maiden event held in 2012.

Related Keywords: African cotton development, Indian Cotton Federation

The Indian Cotton Federation (ICF) has shown keen interest to invest in cotton development in Africa and improving trade relationship between African countries and India, as the textile sector in India is dependent on international merchants for sourcing cotton from African countries.

Related Keywords: Indian cotton, Indian Cotton Federation, Pakistan

Indian cotton exports look bright with sudden spurt in Pakistan’s cotton imports from India which is likely to see a rise mainly due to the recovery seen in rupee value and production of lower volumes of prime quality cotton produced in Pakistan this year. Experts are also of the opinion that Pakistani spinning mill owners prefer high quality Indian cotton compared with that from the US or Brazil, moreover the cost and transportation time in case of Indian cotton are much lower. Indian origin cotton is also receiving good export orders from Bangladesh as well.

Related Keywords: cotton crop estimate, Indian Cotton Federation

The Indian Cotton Federation has marked 361 lakh bales of cotton crop for the 2013-14 season, though delayed by a month. According to J. Thulasidharan, President, ICF, the crop is good, quality wise.

As per the state wise ICF survey of the crop shows that Gujarat tops in production (125 lakh bales) followed by Maharashtra and Andhra Pradesh at 70 and 65 lakh bales respectively.

The production in the central zone comprising Punjab, Haryana and Rajasthan has been estimated at 55 lakh bales.

Related Keywords: African cotton grower, cotton, cotton buyer in India, Indian Cotton Federation

Indian Cotton Federation is ardent to establish better trade relationship and a direct connect between the African cotton grower/ginners and the buyer in India following the meeting with three-member team from that continent, third delegation in the last couple of months in India on an exploratory trip, to understand the requirement of the industry.