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

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kerem Durdag
Biovation II LLC

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

Pranav Mishra
Huemn

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

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

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