Home / Knowledge / News / Textiles / Indian raw cotton export falls 41% in 2014-15
Indian raw cotton export falls 41% in 2014-15
30
Apr '15
India’s export of raw cotton during 2014-15 (Apr - Feb 2015) declined by 41.32 per cent in quantity terms and 46.60 per cent in value terms compared to the corresponding period of 2013-14, according to a government statement.

As exports account for a substantial share of India’s production of cotton, the decline in exports has resulted in a surplus for the domestic market and has impacted the cotton growers. Cotton Corporation of India (CCI) has undertaken large MSP operations in all cotton growing states, commerce minister Nirmala Sitharaman informed the Rajya Sabha in a written reply.

According to the agriculture ministry’s second advance estimate, India’s production of cotton during 2014-15 was 351.52 lakh bales (of 170 kg each) as compared to 359.02 lakh bales in 2013-14 and 356.02 lakh bales in 2012-13.

For safeguarding the interests of cotton growers in general and disposal of cotton to be procured under the MSP operations in particular, the textiles ministry written to Indian missions in cotton deficit countries like Bangladesh, Vietnam, Indonesia, Turkey and Thailand to explore new avenues for export of cotton for stabilizing cotton prices in India. (SH)

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Textiles | On 30th Mar 2017

Lok Sabha approves 4 supplementary GST legislations

The Lok Sabha has approved four supplementary Goods and Services Tax...

Courtesy: ShopKeep

Information Technology | On 30th Mar 2017

Shopkeep partners with software provider BigCommerce

ShopKeep, the cloud-based technology solution that transforms an iPad ...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Abhishek Ganguly
Puma India

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

Eamonn Tighe
Nature Works LLC

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Pranav Mishra
Huemn

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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
March 2017

March 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