Home / Knowledge / News / Textiles / ICAC hails India move to compute cotton in metric measure
ICAC hails India move to compute cotton in metric measure
14
May '13
A seeming mundane change in the format of a table can have concrete consequences for industry improvement.

In a press note distributed world wide on May 13, 2013, the Cotton Association of India (CAI) reported Indian cotton production, supply and use in traditional units of lakh bales (100,000 bales of 170 kilograms each) and in metric tons in side-by-side columns.

The ICAC advocates universal use of metric measures in reporting cotton supply and use in order to promote international transparency and market efficiency.

It has been a little over 200 years since the invention of the cotton gin, and the world cotton industry has developed as a composite of national industries with parochial systems of evaluating quality, measuring quantities and marketing both seed cotton and lint.

These parochial systems work fine for domestic industries, but as an industry becomes more globalized, parochial systems, including units of measure, create opacity, not transparency.

Movement toward universal use of metric measures helps to improve industry performance. The side-by-side reporting in metric units by the CAI is applauded by the ICAC Secretariat.

International Cotton Advisory Committee

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Textiles | On 23rd Jan 2017

MagnaColours develops new sustainability standard

MagnaColours, manufacturer of printing inks and ink bases, discharge...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Ritu Kumar
Label Ritu Kumar

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

Robert Brunner
Devereux

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

Yash P. Kotak
Bombay Hemp Company

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search