Home / Knowledge / News / Textiles / India waves green flag for export of 1.9mn cotton bales
India waves green flag for export of 1.9mn cotton bales
13
Apr '12
Government had banned the export of raw cotton on 5th March, 2012. This was revoked on 12th March, 2012. All Registration Certificates (RCs) were to be scrutinised before revalidation so that they could go ahead with their exports.

Government directed that priority be given to such cotton that had been pending for export through Land Custom Station on Indo-Bangladesh, Indo-Myanmar, Indo-Pak, Indo-Nepal and Indo-Bhutan borders.

The next priority was to be given to cotton that had been handed over to Customs. Such cases were revalidated on 23rd March, 2012 and again on 28th March, 2012.

As on 11.4.2012, RCs in respect of about 10 lakh bales were revalidated for exports, including the revalidation made on 23rd and 28th March, 2012.

DGFT has completed the scrutiny of the remaining applications. Government has decided that all these RCs be revalidated. Thus, RCs for approximately another 9 lakh bales of Cotton will be revalidated no later than 17th April, 2012.

Export of approximately 19 lakh bales of cotton would give a fresh impetus to cotton prices and would benefit both farmers and exporters.

Ministry of Commerce & Industry

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Marten Alkhagen
Swerea IVF AB

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Robert Brunner
Devereux

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

Igor Chapurin
Chapurin

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search