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 96 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 103 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 85 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 109 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 103 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.

India   ....... Read More

June 03, 2021 149 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 119 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 77 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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