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.