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Search Results for: india+cotton

SISPA demand reduction in VAT rate presently levied on cotton
The South India Spinners Association (SISPA)stating that the cotton production in the state is not sufficient to meet the needs of mills are force to source it from other states have urged the Tamil
CCI likely to incur loss of Rs2.5k-cr on cotton procurement operation
The state-run Cotton Corporation Of India (CCI) that procures the fibre from farmers at minimum support prices (MSPs) to prevent distress sales by farmers and sells the stocks later in the market.
Cotton Futures record sharpest weekly decline in 6 months
Cotton futures on the ICE fell for the fifth straight session in the week of 22 May, ending their worst week in more than six months as stronger US$ continued to prompt speculator liquidation, though
Indian textile exports fall short by 3.6bn of target set 45bn for FY15
India’s textile exports stood at 41.4 billion, shortfall of 3.6bn from the target set of 45 billion for 2014-15. There was a small increase in the overseas sales of handicrafts (17 percent),
Textile associations demand relaxation in cotton transport law
Eight textile industry associations demands relaxation of the Canotage law to help cut costs in transporting cotton from Gujarat to Tamil Nadu as doing away with the law would help save hundreds of
Indian textile and clothing sector to witness slow growth in export
India’s textile and clothing exports in the 10 month period of April 2014 to January 2015 witnessed growth of almost four percent to $34 billion as per the Union textiles ministry data. This
Bangladesh spinners demand introduction of warehousing facility for cotton trade
Bangladeshi spinners demand introduction of warehousing facility for cotton trade to reduce lead-time and ensure the timely sourcing of the fibre. Under the facility, merchants from different
India’s overall textile exports to miss official growth target of 15%
India’s overall textile and garment exports that also include those of jute, coir, handicrafts and handloom items to not only miss the initial official growth target of 15% for 2014-15 but
Constrained growth exhibited by India in the apparel and textile sector
India misses the clothing cut in consequence of inadequate incentives, excessive emphasis on cotton fibre and handlooms by the government, flip-flop in raw material policy, faulty duty structure in
Amendment in loom act may wipe out handlooms and weavers in India
Handlooms and weavers in India are facing the threat of being completely wiped out if the Handloom Reservation Act of 1985 is amended to allow machines to copy the designs. Handloom Reservation Act,
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