Home / Knowledge / News / Textiles / Conference in Coimbatore to discuss cotton scenario
Conference in Coimbatore to discuss cotton scenario
17
Aug '16
The Indian Cotton Federation (ICF), formerly The South Indian Cotton Association, is organising a two-day All India Conference on Cotton in Coimbatore beginning August 19, with 'Indian Cotton Scenario in 2016-17' being the main theme.

The conference is likely to be attended by around 400 persons, including cotton ginners, traders, and textile industry representatives. Participants will discuss cotton area, demand, supply and price situations, and sustainable management practices, P Nataraj, chairman of the conference and ICF vice president told reporters.

The cotton price fluctuation during April to June adversely affected the entire textile value chain; this and some other issues like financial constraints for purchase of cotton would be discussed at the conference, Nataraj said.

Unavailability of exact data on consumption and supply of cotton, particularly in the initial period of the cotton season was a major reason for price fluctuation, said ICF president J Thulasidharan.

He said there was a need for funds to the tune of Rs 50,000 crore, annually, for ginners and spinners to buy and stock cotton at the beginning of the season, which was done by multinational companies, leading to speculation. Situation would be easy for the stakeholders if the banks came forward to provide funds at a reasonable interest rate of 7 per cent, he added.

Nataraj suggested that the Union government should come out with an export policy for cotton. (RKS)

Fibre2Fashion News Desk – India

Must ReadView All

Apparel/Garments | On 28th Sep 2016

CMAI inks MoU with Chinese textile trade body CCCT

Indian apex clothing association, the Clothing Manufacturers...

Textiles | On 28th Sep 2016

India sees largest gain on WEF’s Competitiveness Index

India has shown the largest gain made by any country on the World...

Textiles | On 28th Sep 2016

Oerlikon to show new yarns and fibres at ITMA+CITME expo

The Oerlikon Manmade Fibers segment, the world market leader for...

Interviews View All

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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
September 2016

September 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search