Home / Knowledge / News / Textiles / MSCCGMFL expects bumper cotton this year in Maharashtra
MSCCGMFL expects bumper cotton this year in Maharashtra
Nov '15
Maharashtra State Cooperative Cotton Growers Marketing Federation Limited (MSCCGMFL), one of world's largest suppliers of cotton, expects the state to have produced bumper crop this year, as per media reports.

NP Hirani, chairman, MSCCGMFL, expects the yield to be over 350 lakh quintals this year as compared to 300 lakh quintals for the last season.

Private traders have already collected over 1.5 lakh quintals at rates ranging between Rs 4,150 to Rs 4,450 per quintal, which is higher than the minimum support price (MSP) of Rs 4,100 set by the Central government.

Hirani said that the cotton prices in the future will heavily rely on China's demand for Indian cotton. For the past few years China has been stock piling cotton; if the huge inventory gets exhausted this year, the prospects of exporting cotton at higher rates will open up for Indian cotton growers, he added.

He also expects the supplies to increase after 15 November, which is when the federation will start purchasing at its centres in order to prevent private traders from exploiting farmers and ensure that the prices do not fall below the MSP.

The MSCCGMFL will act as sub-agents of Cotton Corporation of India (CCI) this year and will open procurement centres first in all district headquarters. MSCCGMFL opened 88 centres in 2014. (HO)

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search