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SIMA welcomes Union Textile Ministry's decision to sell cotton through CCI

Related Keywords: bring in stability in the cotton price, Chairman M Senthilkumar, clean cotton cost used for combed count yarns, during the off season, entire textile value chain, sell cotton only to actual users, SIMA, Southern India Mills Association, Spinning mill, spot price of benchmark cotton variety increased, thanked Ministry of Textiles

Southern India Mills Association (SIMA) Chairman M Senthilkumar thanked the Ministry of Textiles for actively considering the Association plea of selling the cotton only to the actual users and stated that this would bring in stability in the cotton price during the off season.

He expressed gratitude towards Union Ministry of textiles for taking a proactive decision of selling cotton through Cotton Corporation of India (CCI) to the actual users consisting of Micro, Small and Medium Enterprise (MSME) inorder to stabilize the cotton price.

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