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Related Keywords: changing Chinese import policy, Confederation of Indian Textile Industry, create conducive environment, end of this financial year, free trade agreement with Eurozone, Increase in exports of garments, Indian textile industry, made-ups and apparels, revival of demand in Europe and US market, South Indian Mills Association, surplus stocks

The Indian textile industry wants the government to create a conducive environment as they see a revival of demand in Europe and US markets by the end of this financial year for which the sector is not adequately prepared to grab the opportunity.

Related Keywords: Cotton cultivation in India, global cotton cultivation, global demand, ICAC, lack of good quality, low price and lower demand, South Indian Mills Association

India’s cotton cultivation is estimated to drop by 20 percent in 2015-16 if low price and lower demand continue to remain will discourage farmers to reduce cotton cultivation, after having witnessed a year of record production. In 2014-15, cotton area under cultivation was around 13 mn hectares about 1.5 mn hectares higher than the previous year.

While global demand for cotton and cotton yarn dropped in recent months, cotton prices also dipped owing to lack of good quality cotton in the market.

Related Keywords: 7 million spindles, Coimbatore textile industry, SITRA, skilled employee, South Indian Mills Association, textile engineering, textile hub

Coimbatore, the textile hub of TamilNadu faces difficulty in finding skilled employees despite of the fact that there are more than 9 institutions in the state that offer technical training in textile engineering. Textile industry is facing acute shortage of skilled employees.