Home / Knowledge / News / Textiles / CCI plans to set up its first ginning factory in Adoni
CCI plans to set up its first ginning factory in Adoni
Jul '14
Cotton Corporation of India (CCI), a Government of India undertaking under the Ministry of Textiles, is planning to set up its first ginning and pressing factory in Adoni, located at the border of Karnataka and Andhra Pradesh, in Kurnool district of the newly formed state of Seemandhra, carved out from the erstwhile Andhra Pradesh.
According to a Business Line report, CCI will take on lease 7.17 hectares of land from one of the sick units of the National Textile Corporation (NTC) to set up the ginning factory with capacity of 60,000 bales.
A memorandum of understanding (MoU) between the CCI and NTC has already been signed, and the NTC is now in the process of seeking approval of the Board for Industrial and Financial Reconstruction (BIFR) for leasing out the requisite land.
Initially, CCI plans to invest Rs. 100-200 million and would also consider investment in a warehouse in the cotton growing areas with the support of the state government.
The cotton ginnery in Adoni would be set up on a pilot basis, and if it is successful, the CCI would set up similar ginning factories in other states, including in the newly-formed state of Telangana, if the state governments offer land free of cost.
So far, the main task of CCI has been limited to market intervention activities to ensure minimum support price (MSP) to farmers in Gujarat, Maharashtra, and other cotton-growing regions.
In the ongoing cotton season from October 2013, CCI has so far purchased more than 440,000 tons of cotton, with about 40,000 tons of it being bought under the market intervention scheme.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Victor Chao

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

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search