Home / Knowledge / News / Textiles / Assessment of cap on cotton exports in Nov
Assessment of cap on cotton exports in Nov
Sep '10
India's Commerce Secretary, Rahul Khullar has confirmed that the maximum limit of cotton export, which is going to be in effect from next month, will be assessed in November. Consignments which cross this limit will draw repressive levies which will be set by the revenue and commerce departments afterwards.

He further added that as of now 5.5 million bales of cotton will be exported in 2010-11. But this decision will be subjected to assessment on 15th November, 2010.

The Cotton Association of India, which represents the cotton exporters, desires to have a cotton export ceiling limit of 7.5 million bales, since the country has sufficient additional cotton which can be exported to other countries.

According to Dr Khullar, a better scenario of industrial output, demand and price will develop by 15th November. The much required registration of export contracts will be initiated by the Textiles Commissioner from 15th September and exports will be registered on first-come-first-serve basis.

He further added that no restriction or obligation of license will be imposed on the exports of cotton up to a limit of 5.5 million bales but beyond this limit, exporters will have to pay an export levy as the ceiling has been set at this limit from 1st October.

The decision to permit free cotton export was arrived at a meeting attended by the Commerce Secretary – Khullar, Agricultural Secretary – P K Basu and Textiles Secretary Rita Menon on 1st September.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Angelina Francesca Cheang

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

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eamonn Tighe
Nature Works LLC

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

Eric Scholler

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

Pranav Mishra

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

Mike Hoffman
Gildan Activewear SRL

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search