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Cotton and Textile Market News
Cotton farmers say no to CCI centres
Sangareddy: Cotton farmers are reluctant to sell their produce at the Cotton Corporation of India (CCI) purchase centre functioning at the Sadasivpet market yard, due to the new rules laid by the CCI.
With the decision of CCI to reject any cotton wi ....... Read More
November 03, 2015 702 Likes
Cotton farmers go berserk in Adilabad
Cotton farmers went berserk in the Adilabad Agriculture Market yard on Monday morning when private traders quoted less than the minimum support price for the produce as trading opened.
While the Cotton Corporation of India offered the MSP of Rs ....... Read More
November 03, 2015 599 Likes
Cotton rates depend on Chinas import move
Nagpur: Cotton prices have ruled firm as the new season opened with steady flow of raw cotton as harvesting of kharif crop begun. Vidarbha has the largest area under cotton cultivation in the state and this cash crop has influence on its rural farm econom ....... Read More
November 03, 2015 776 Likes
Three traders cheated of Rs 72 lakh
SURAT: Fraudsters from Tamil Nadu and Surat have cheated three textile traders in the city of goods worth Rs 72 lakh between April 2012 and July 2015. Three complaints of cheating were registered at Salabatpura police station on Saturday.
Suren ....... Read More
November 03, 2015 672 Likes
MEIS benefit to give fillip to MMF export from Surat
SURAT: Export of man-made fabrics (MMF) from Surat is expected to increase in the coming days following extension of duty benefit under Merchandise Exports from India Scheme (MEIS) by the central government.
The ministry of commerce had recentl ....... Read More
November 03, 2015 549 Likes
CCI yet to start cotton procurement
The Cotton Corporation of India (CCI) has shown reluctance to start procurement process of the season despite directions from Union textile minister for state Santosh Kumar Gangwar on October 1, leaving the market in the hands of private traders as the fa ....... Read More
November 03, 2015 578 Likes
HS code for 300 products under technical textiles coming soon in India
Indian textile industry is asking for separate HS code for many products and now this demand seems to be fulfil as Indian Technical Textiles Association (ITTA) has approached the Government for classification of the products and a committee has been forme ....... Read More
November 03, 2015 621 Likes
Rajasthan eyes 1,000 kg per ha cotton yield
Rajasthan is expected to have the highest cotton yield this season. The Cotton Advisory Board had estimated Haryanas yield as the highest at 665 kg per hectare (ha) and Rajasthans at 636 kg per ha.
However, the recent pest attack in Haryana w ....... Read More
November 03, 2015 575 Likes
China tops in e-commerce sales
China has surpassed the US to become the world's largest online retail market with its e-commerce grossing $439 million of revenue last year (or 7 per cent of its GDP), state-owned Global Times said quoting a report of the China Internet Network Informati ....... Read More
November 03, 2015 563 Likes
Textile sector seeks policy measures to boost growth
The textile industry has appealed to the Prime Minister to come out with policy measures that will enable the sector achieve its potential growth rate and have a major share in the global textile industry.
Representatives of 20 textile industry ....... Read More
November 03, 2015 559 Likes
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