Home / Knowledge / News / Textiles / 'Cotton production better than projections' – Mr JN Singh
'Cotton production better than projections' – Mr JN Singh
04
Oct '08
Mr JN Singh, Joint Secretary, Ministry of Textiles, India
Mr JN Singh, Joint Secretary, Ministry of Textiles, India
New cotton has started arriving in Indian markets. Though the area under cotton cultivation is likely to be around 9.3 million hectares, which is about 2 percent lower than the previous year, there are prospects of a good cotton crop on expectations of a better yield.

Speaking to fibre2fashion Mr JN Singh, Joint Secretary, Ministry of Textiles said, “Cotton prices are going down and a further fall in prices can be expected. The prices for cotton as seen on October 1 have gone down by 5 percent when compared with prices prevailing in September.

In this cotton year (October-September) 2008-09, cotton production is predicted to be better than projections. In the just completed cotton season of 2007-08 cotton production touched 31.5 million bales (1 bale = 170 kgs) in comparison to 28 million bales in 2006-07.”

Mr. Singh expressed confidence when he said “by the end of the eleventh five year plan (2007-12), the country's cotton production will reach 39 million bales.”

Further expressing his views on cotton exports Mr Singh said, “Exports in the first five months of 2008 have gone up by nearly 14 percent, though due to ongoing crises in the US, pace in exports has slackened. But compared to other countries India has maintained its export growth.”

“Exports are anticipated to grow in coming months. Indian exports will be benefited due to good cotton production and dollar appreciation.”

Last year India had exported 1 million bales of cotton.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Sep 2017

US raises annual AGOA quota for textiles

The US Committee for the Implementation of Textile Agreements has...

Textiles | On 26th Sep 2017

Gujarat hopes extended textile policy to attract Rs 5000 cr

The Gujarat government feels that its recent decision to extend its...

Apparel/Garments | On 26th Sep 2017

Cash burn by e-tailers in India may double during festivals

During this year’s festival season, which has already started,...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

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

Marcel Alberts
Eurofibers

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

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

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
75.0%
No
12.5%
Skip
12.5%

Total Votes: 48

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.5%
No
25.0%
Skip
12.5%

Total Votes: 48

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.5%
No
6.3%
Skip
6.3%

Total Votes: 48

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.8%
No
10.4%
Skip
18.8%

Total Votes: 48


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search