Home / Knowledge / News / Textiles / India can export 8 mn cotton bales – Agri Minister
India can export 8 mn cotton bales – Agri Minister
01
Oct '10
The Indian government has set a limit of 5.5 million bales on cotton exports for the period 2010-11. But Sharad Pawar, the Agriculture Minister of India revealed that there is a possibility of increasing this limit to 7.5-8.0 million bales.

According to the Minister, cotton production has been extraordinarily good this year and therefore cotton exports can be increased up to 7.5-8.0 million bales. However, the other ministers are not supporting this.

A meeting of senior ministers was convened, where the cap of 5.5 million bales on cotton exports was approved for the coming marketing season, starting from October, 2010 to September, 2011.

He added that the situation will be assessed further towards the end of December, as the government is required to adopt an impartial stand so that it can save the interests of both the cotton producers as well as the textile industry.

He further added that, at present, the cotton prices are good in the global market. So there is a huge prospect for the cotton growers to get higher prices for their produce in the international market.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Robert Brunner
Devereux

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

Rupa Sood and Sharan Apparao
Nayaab

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

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
January 2017

January 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