Home / Knowledge / News / Cotton / Astrakhan to launch 3bn rubles cotton cultivation project
Astrakhan to launch 3bn rubles cotton cultivation project
27
Sep '13
The Astrakhan region in Southern European Russia would be launching a new project worth 3 billion rubles to grow cotton in the region.
 
Under the project cotton cultivation would be initiated in the Limanowska region of Astrakhan on an area of 120,000 hectares, and further processing of raw cotton with subsequent production of cotton fiber, reports RIA Novosti.
 
The project initiated by the Astrakhan Cotton Company is estimated at 3 billion rubles and would provide the country with 250,000 tons of cotton per year. 
 
Gennady Gorbunov, chairman of Agricultural Committee of the Federation Council, said the project would help in overcoming the shortage of raw materials for the domestic textile industries in Russia.
 
The project is being launched in Astrakhan as experts of the Central Research Institute of Russia had earlier conducted a study which revealed that the region is ideal for production of cotton, he added.
 
Mr. Gorbunov also emphasized the fact that Astrakhan cotton project would be beneficial to the national economy as Russia spends millions of dollars on purchase of cotton.
 
In 2012, Russia imported 90,000 tons of cotton.
 

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 25th Jun 2016

AEPC fears Brexit will hurt Indian apparel exports

The Apparel Export Promotion Council (AEPC) expressed its...

Courtesy: ITMF

Textiles | On 25th Jun 2016

Global yarn output up 20% q-o-q in Q1 2016: ITMF

The global yarn production increased by 20 per cent...

Courtesy: Balmain

Fashion | On 25th Jun 2016

Qatari investment fund buys French label Balmain

Mayhoola for Investments, an investment fund backed by the Emir of...

Interviews View All

Rahuul Jashnani
Jashn

What is the size of the ethnicwear vertical in India? How are Indian...

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Abhishek Ganguly
Puma India

There are quite a number of brands stepping into the sports lifestyle...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
june 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search