Home / Knowledge / News / Textiles / Subject to output, cap on cotton exports may fall
Subject to output, cap on cotton exports may fall
07
Oct '10
Ms Rita Menon, Textiles Secretary
Ms Rita Menon, Textiles Secretary
The Textiles Ministry revealed that if the cotton production in India surpasses the projected 32.5 million bales, it will be beneficial for cotton exports as there are chances of raising the export limit above the current limit of 5.5 million bales this year.

According to Rita Menon – Textiles Secretary, the Ministry would definitely advocate the export of more cotton from India if the production goes beyond 32.5 million bales. However, the cotton requirements of the country's textile sector have to be considered before allowing exports above the limit of 5.5 million bales.

The textile industry in the country is expected to consume 22 million bales of cotton this year. The government had previously announced that no duty will be imposed on cotton exports up to a limit of 5.5 million bales in the present cotton marketing season.

She further added that, the government will consider whether to impose further restrictions on cotton exports beyond the current limit only after an assessment of the situation in a meeting to be held later this month.

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

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Eamonn Tighe
Nature Works LLC

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

Marcel Alberts
Eurofibers

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

Giorgio Mantovani
Corman S.p.A

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Rupa Sood and Sharan Apparao
Nayaab

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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