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Related Keywords: hold back the decision, industrial consumers, intervention of chief minister Amarinder Singh, June this year, NITMA, Northern India Textile Mills Association, order hike in peak load tariff, PSERC, Punjab State Electricity Regulatory Commission

Punjab State Electricity Regulatory Commission for industrial consumers to order hike in peak load tariff from June this year in the state against which Northern India Textile Mills Association (NITMA) has sought intervention of chief minister Amarinder Singh to hold back the decision.

Related Keywords: closing stock for cotton season projected, cotton corporation of India, creating a buffer stock, India, largest producer of cotton, leading to forced imports at high prices, lowest in five years, NITMA, strong exports, thirteen lakh bales

India, the largest producer of cotton but its closing stock for the 2016-17 cotton season (October-September) is projected at 13 lakh bales (a bale is 170 kgs), the lowest in five years. The country doesn't have sufficient surplus cotton however strong exports are leading to forced imports at high prices at end of the season. Hence their core advantage is getting eroded, said Sanjay K Jain, chairman, Northern India Textile Mills' Association (NITMA).

Related Keywords: avoid repeat of pest attack crop, Awareness of whitefly and best practices for growing cotton, cotton growing area, give tip to cotton farmers, ICAL, ICAL president Mahesh Sharda, jointly organize seminar, Mumbai-based Indian Society for Cotton Improvement, NITMA, techniques to grow cotton without troubles, Three major trade bodies

Three major trade bodies Indian Cotton Association Limited (ICAL), Northern India Textiles Mills Association (NITMA), and Mumbai-based Indian Society for Cotton Improvement (ISCI have decided to jointly organize a seminar 'Awareness of whitefly and best practices for growing cotton' at Abohar on March 21.

The seminar to be held to discussion and find way to avoid a repeat of the last year's pest attack on cotton crop in Punjab and Haryana. Cotton was sown over 4.5 lakh hectares in Punjab last year and two-third of it was damaged due to pest attack.

Related Keywords: buying cotton from Gujarat, cotton farmers of Punjab, forced to import cotton, Ginners mixing lower quality cotton, increasing adulteration, NITMA, reduce losses, rise in cotton price, Saurashtra Ginners Association, SIMA, Textile mills and traders in north and south India, with higher quality cotton

Textile mills and traders in north and south India buying cotton from Gujarat forced to import cotton over the increasing adulteration, the usual rate of adulteration of 10-15 percent has climbed to 40 per cent this year. Increase in cotton adulteration is also seen in Maharashtra.

According to Arvind Pan, vice-president of the Saurashtra Ginners’ Association (SGA), ginners are losing Rs 500-700 per bale of raw cotton. Many ginners are mixing lower quality cotton with higher quality cotton to reduce their losses. Yet their returns are not good.

Related Keywords: Cotton Spinning Mills, decline inexports, excess spinning capacity, from China, leading mills, NITMA, northern India facing crisis, one day a week, plans to shut down production, Trident, Vardhaman

Cotton spinning mills in northern India facing crisis due the excess spinning capacity and decline in exports this fiscal year have resulted in poor cash flow and excessive stocks due to which they are planning to shut down one day a week, according to Chandigarh based Northern India Textile Mills’ Association (NITMA) having 98 member mills that includes leading names such as Vardhaman and Trident, etc.

Related Keywords: boost trade and investment, coming up in southern Vietnam economic hub, CTEPC, Delegation from Denim Manufacturers Association, DMA, explore market, eying at investment opportunities, for textile inputs, leading source counties, MMF and fabric, NITMA, Northern India Textile Mills Association, proposed textile park, SRTEPC, visited Vietnam

A 13-member delegation representing Denim Manufacturers Association (DMA) and Northern India Textile Mills Association (NITMA) recently visited Vietnam to explore the market. Some textile players stirred by the proposed textile park that is likely to come up near the Southern Vietnam economic hub of Ho Chi Minh City are eyeing at investment opportunities there.

Vietnam is one of leading source countries for apparel and is dependent on other nations such as China for textile input.