Home / Knowledge / News / Textiles / Nicaragua to harvest first organic cotton crop
Nicaragua to harvest first organic cotton crop
11
Jan '12
The Ministry of Agriculture and Forestry (MAGFOR) recently announced that Nicaragua's first 24 million quintals of cotton are soon to be cropped, after approximately six months of sowing, marking a successful launch to the country's cotton reactivation project.

Ariel Bucardo, Minister of MAGFOR, has indicated that the 1,600 blocks harvested mainly in the northern regions of the country are in excellent condition, and should produce yields between 40 and 45 quintals per block, leading to approximately 64,000 quintals in total.

“Historically, this product has generated a lot of manpower, which is why we began the experiment moderately and expect that if the results are good, as we are currently witnessing, we will gradually increase cotton production”, Bucardo affirmed.

Moreover, Bucardo claims that the country's production of cotton is ample enough to supply an international demand and that considering the crop's promising market price, especially for organic cotton that is being harvested in Nicaragua, this will prove a lucrative business.

Companies in Honduras and El Salvador have already demonstrated interest in purchasing cotton from Nicaragua. Additionally, development is expected to attract new foreign investment projects to Nicaragua in the textile sector, as well as facilitate the re-opening of certain companies in Nicaragua such as Cone Denim.

The project, led by the Government of Nicaragua along with PRONicaragua, the official investment promotion agency of Nicaragua and the National Association of Textiles and Apparel (ANITEC, for its acronym in Spanish), was planned out in two phases. During the first phase, 14 private producers engaged in a pilot program to observe the performance of the crop, the resistance of the seed and determine the type of seeds fit for this project, among other factors. The project's second phase includes the increase of production area during a period from five to seven years, in order to begin supplying raw material to textile and apparel companies operating in the country, thus lowering the costs of garment production.

PRONicaragua is the Nicaraguan Investment Promotion Agency, established in 2002. It is a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The agency provides complimentary support services to qualified investors seeking investment opportunities in our country.

Nicaraguan Investment Promotion Agency - PRONicaragua


Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Urs Stalder
Sanitized AG

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

Mark Paterson
Technical Absorbents Ltd

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X