Home / Knowledge / News / Textiles / NSL Cotton moots integrated cotton development project
NSL Cotton moots integrated cotton development project
15
Jul '08
NSL Cotton Corporation Pvt Ltd (NCC), a company established by Nuziveedu Seeds Ltd, has come up with a proposal to the Andhra Pradesh Government to take up integrated cotton development project in the State.

A release from the Chief Minister's Office said that under the project, 38 modern ginning & pressing units at 38 locations in 14 districts would be set up at a cost of Rs 380 crore (Rs 10 crore per unit) by tying up with 2.5 lakh farmers covering 8 lakh acres.

"The company has requested the State Government to treat this project as a mega project under the State Industrial Policy and sanction various incentives," it added.

The proposal was put forth before the Chief Minister, Dr Y.S. Rajasekhara Reddy, by the Chairman of NCC, Mr M. Prabhakar Rao, at a meeting.

Mr Rao told the Chief Minister that in the process of integrating the cotton farming, NCC proposes to tie up with the farmers to purchase the produce and support them by arranging supply of credit, insurance, quality inputs and provide technical advisory services which will help in increasing the cotton productivity.

NSL Cotton Corporation Pvt Ltd

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

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

Johan Berlin
InvestKonsult Sweden AB

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search