Home / Knowledge / News / Textiles / Bifurcation may tear Andhra Pradesh textile industry
Bifurcation may tear Andhra Pradesh textile industry
21
Aug '13
The proposal to bifurcate the southern Indian state of Andhra Pradesh into two separate states (provinces)—Telangana and Seemandhra—would bring the textile industry of the state apart.
 
It is because the bifurcation of the existing state would result in one state becoming a dominant cotton producer and another being a hub for textile mills, according to a report by The Hindu Business Line.
 
The Telangana region of the state currently accounts for nearly 60 percent of the state’s overall cotton production, while the Rayalaseema and coastal Andhra regions have most of the textile mills.
 
In case the bifurcation becomes a reality, textile mills might have to pay an additional tax for buying cotton from the other new state, thus lowering their margins, the report states.
 
At present, Andhra Pradesh is the third largest cotton producer in the country, with annual output of around 7 million bales.
 
Out of the 150 textile mills in the state, only about 50 of them are located in the cotton growing Telangana region, while the remaining are in the coastal Andhra region.
 
During the last ten years, more than 2.1 million new spindles were installed in the state, thus increasing the total capacity to 3.5 million spindles.
 
However, if the proposed goods and services tax (GST) is implemented, there will be uniformity in taxes and textile mills in coastal Andhra will not have to spend an additional amount for buying cotton from the Telangana region.
 

Fibre2fashion News Desk - India


Must ReadView All

IOC, MPCI to set up ₹1000 cr PSF unit in Odisha

Textiles | On 23rd May 2018

IOC, MPCI to set up ₹1000 cr PSF unit in Odisha

Indian Oil Corporation (IOC) has teamed up with Materials Chemicals...

Courtesy: Marks and Spencer

Apparel/Garments | On 23rd May 2018

M&S to close 14 Clothing & Home stores by 2019

Marks & Spencer (M&S), a leading British multi-national retailer,...

Garment products dominate across textile businesses: FESPA

Textiles | On 23rd May 2018

Garment products dominate across textile businesses: FESPA

Garment products dominate across all textile businesses, with sports...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

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

Leave your Comments


May 2018

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

news category


Related Categories:

Advanced Search