Home / Knowledge / News / Textiles / Textile sector seeks govt consent to import cotton
Textile sector seeks govt consent to import cotton
13
Sep '10
Though, there has been a surge in cotton cultivation in Brazil over the past few years, but then it is not the only sector in the country that is growing at such a great pace. The apparel and textile industry in the South American Country now the fifth largest globally and which is a source of employment for around 1.7 million workers, too is developing at a fast pace.

This has thus prompted a number of industry organizations to seek government sanction for importing 250,000 tons of cotton.

It's hardly two months back that the Brazilian Association of Cotton Producers (ABRAPA) and the National Association of Cotton Exporters (ANEA) approached the government with a request to allow importing 150,000 tons of cotton, but now have further raised the demand by another 40 percent.

The Associations have also put up a request to either temporarily slash or withdraw duty on imports during October to May, and it is expected that the Brazil's Board of Foreign Trade (CAMEX) would decide on the matter during its meeting scheduled to be held in this month.

If the government permits such imports, it would compensate the deficit in country's cotton production. Earlier, the ABRAPA estimated the cotton crop deficit to be somewhere around 1.28 million tons, later on revised it to 1.07 million tons.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Steve Cole
Xerium Technologies

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

Marcel Alberts
Eurofibers

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Rupa Sood and Sharan Apparao
Nayaab

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

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
February 2017

February 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