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Cotton and Textile Market News
Court reserves orders on royalty imposed on BT cotton seeds
Hyderabad: Justice M S Ramachandra Rao of the High Court at Hyderabad on Wednesday reserved orders on the question of royalty on per packet of BT cotton seeds. The government of Telangana State had levied Rs 50 on each packet as royalty on the seeds in Ma ....... Read More
November 05, 2015 604 Likes
AP’s cotton fields turn deathbeds
GUNTUR: Jinkala Satyanarayana of Pedapalem village under Atchampet mandal took four acres on lease and sowed cotton in 75 per cent of the plot. In the remaining acre, he opted for chilli cultivation. He spent about Rs 3 lakh for agriculture operations, bu ....... Read More
November 05, 2015 667 Likes
Bumper cotton crop expected in Maharashtra this year
In a good news to the farmers of Maharashtra, particularly Vidarbha, bumper cotton crop is expected in the state this year. This has been declared by N P Hirani, Chairman, Cotton Growers Co-operative Federation. The prices of cotton are also firm as the n ....... Read More
November 05, 2015 677 Likes
Cotton production in 2015-16 to be lower at 365 lakh bales: CAB
The cotton production in the current season of 2015-16, which started October 1, will be lower than that of last season. In the seasons first meeting held at Coimbatore, Cotton Advisory Board (CAB) said that the crop production during the current season ....... Read More
November 05, 2015 616 Likes
Weak cotton prices hit ginning units
Weak cotton prices this season have hit the ginning industry across the country, which is estimated to be losing around Rs 8 crore a day on trading roughly around 80,000 bales every day (one bale is 170 kg). There are about 4,500 ginning units in the cou ....... Read More
November 05, 2015 690 Likes
RD imposed on import of cotton yarn without ECC approval: PAF
Chairman, Pakistan Apparel Forum (PAF), Muhammad Jawed Bilwani, has said that the government had announced measures without taking Economic Co-ordination Committee (ECC) nod.
Referring to Ministry of Finance Notification SRO 1055(I)/2015 dated ....... Read More
November 05, 2015 633 Likes
India expecting higher demand for cotton from Bangladesh
Textile Commissioner Kavita Gupta after a meeting of the state-run Cotton Advisory Board on Tuesday said that they are expecting higher demand from Bangladesh, Pakistan and Vietnam. This will offset poor demand from China.
India, the world's bi ....... Read More
November 05, 2015 621 Likes
Textile technology show Itmach 2015 returns to Bhiwandi
Following the runaway success of Itmach Bhiwandi and Itmach Ahmedabad, Itmach India in association with Textile Excellence is once again organising the textile technology show, Itmach Bhiwandi 2015 from December 17-19, 2015.
Over 125 exhibitors ....... Read More
November 05, 2015 625 Likes
Centre urges states to fast-track approvals for textile parks
NEW DELHI: Centre today urged the state governments to fast-track approvals in setting up of textile parks, which are expected to create 4.5 lakh jobs with an investment of Rs 30,000 crore.
"I would like to point out that there are difficulties ....... Read More
November 05, 2015 563 Likes
Cotton farmers reaping miseries
Thadikonda(Guntur): Cotton farmers are a disappointed lot with government paying scant attention to their grievances. Farmers in cotton basins districts of Prakasham, Guntur and, Krishna districts are lamenting over a mere Rs 50 hike on a quintal of cott ....... Read More
November 04, 2015 639 Likes
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