Home / Knowledge / News / Textiles / CAB upwardly revises India's cotton consumption
CAB upwardly revises India's cotton consumption
28
Jan '12
India's Cotton Advisory Board (CAB) has upwardly revised its estimate for cotton consumption by domestic textile mills during the current cotton year to 21.6 million bales (1 bale = 170 kg) from the earlier estimated 21 million bales.

The marginal revision has been made by CAB on the basis of renewed demand for cotton by textile mills, which signals a revival of the cotton textile industry in the country, according to analysts.

CAB has also revised its estimate of cotton consumption by small-scale industries from the earlier 2 million bales to 2.4 million bales.

Thus, the total consumption of cotton by both large and small textile units in the country is likely to surpass the earlier consumption estimate by one million bales.

Cotton exports from India are also projected to rise to 8.4 million bales this season compared to exports of 8 million bales last season.

On the other hand, the total cotton production during the current season, which began in October 2011, has been revised downwards by 1.1 million bales from the earlier 35.6 million bales to 34.5 million bales, because of damage to crop in parts of Maharashtra and Andhra Pradesh.

Still, the total cotton production this season is likely to be higher than the output of 32.5 million bales registered in 2010-11 cotton season.

Analysts say the prices of cotton may remain firm owing to rise in domestic consumption, along with an expected increase in exports.


Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Marten Alkhagen
Swerea IVF AB

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

Urs Stalder
Sanitized AG

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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