Home / Knowledge / News / Textiles / Good inventory levels of cotton – experts
Good inventory levels of cotton – experts
Dec '09
The Union Textile Minister, Mr Dayanidhi Maran despite huge pressure from the textile industry, was smart enough, not to succumb to their demands to restrict exports of raw cotton from the country.

Ironically, one of the organisations which put up the demand was the Federation of Indian Export Organisations (FIEO), whose agenda is to promote exports. Among others South India Mills Association (SIMA) demanded an outright ban on exports of raw cotton.

According to the Cotton Association of India, cotton supply position in the country was comfortable and no restriction was needed. According to experts, India has an opening stock of 7 million bales and combining that with an output which is estimated to be between 28-29 million bales, cotton stocks are at comfortable levels.

When the textile industry began to mount pressure on the government to ban exports, cotton registrations meant for exports began shooting up in the month of November and are estimated to have crossed between 3.5-4 million bales in November.

But after the government made its stand clear of not imposing any ban on exports of raw cotton from the country, cotton exporters sighed with relief and the panic to register cotton contracts witnessed in November, tapered off, towards the beginning of December.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

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

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

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search