Cotton and Textile Market News
Despite delays, cotton sowing area grows
BATHINDA: Despite sowing of cotton stretching beyond the ideal sowing time in Punjab, it is close to reaching the target for 2021-22. The state agriculture department had the target of sowing cotton on 3.25 lakh hectares and till Wednesday, the crop had b ....... Read More
June 05, 2021 97 Tags
Industries in T.N. prepare to reopen on June 7
Industries in the State are gearing up to resume operations on Monday, expecting the government to relax the lockdown restrictions.
Cost escalations
Southern India Mills’ Association secretary general K. Selvaraju said textile units acro ....... Read More
June 05, 2021 104 Tags
Saving Lives: India’s technical textile revolution paved way for COVID-19 response
As COVID-19 surged through the U.S. last spring and summer, the country found itself facing an alarming shortage of the personal protective equipment (PPE) frontline health care workers desperately needed to battle the pandemic.
This year, on t ....... Read More
June 05, 2021 86 Tags
Textile Industry survives COVID-19 blow, now to bloom: Industrialist Subhash Sawariya
He believes that Free Trade Agreement with Europe will make India the largest textile exporter in Asia leaving China, Pakistan and Bangladesh far behind.
“Due to international politics, European countries and the US are turning away from Chin ....... Read More
June 05, 2021 110 Tags
World Environment Day 2021: Challenges in managing toxic wastewater from textile industry and solutions
World Environment Day: Wastewater management is critical for survival of the textile industry in India. Businesses should adapt sustainable practices and look at wastewater as a resource. There is a need to enable the textile processing industry for proce ....... Read More
June 05, 2021 104 Tags
Cotton price drops on lower demand, increase area under cultivation
Cotton futures traded lower at Rs 22,110 per bale on May 14 as participants trimmed their positions as seen from open interest. The Agri commodity traded in the red after a gap-down start despite the firm global trend and stronger rupee.
Indiaâ ....... Read More
June 03, 2021 150 Tags
Cotton exports top last season’s shipments
Building up on lower domestic cotton prices, Indian exporters have so far shipped over 75 per cent of the 65 lakh bales (each of 170 kg) of cotton exports projected for the whole year 2020-21.
Cotton Association of India’s (CAI) latest data s ....... Read More
June 03, 2021 120 Tags
Smart Cotton initiative aims to fix quality concerns, turn Maharashtra produce into a complete brand
It is the largest grown crop in the state but the cotton produced in Maharashtra often faces serious quality concerns, which affects the realisation of farmers.
Maharashtra accounts for over 30 per cent of the cotton grown in the country but st ....... Read More
June 03, 2021 78 Tags
Covid spike crumples Tiruppur’s textile industry
CHENNAI: The sharp spike in cases in Tiruppur has wreaked havoc for the textile industry. With no drop in cases, the administration has imposed a strict lockdown in the city, where one of the biggest textile manufacturing clusters in the country is locate ....... Read More
June 03, 2021 84 Tags
GST Council may correct the inverted duty structure for textiles, footwear industries
The GST Council meeting on Friday is expected to take a call on removing the anomaly of inverted duty structures for footwear and textile industries. This may result in a higher price for consumers.
An ‘Inverted duty structure’ means a high ....... Read More
June 03, 2021 85 Tags
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