Home / Knowledge / News / Textiles / Cotton yarn prices to calm down by Dec 15 – Maran
Cotton yarn prices to calm down by Dec 15 – Maran
Nov '10
While advising spinners in the country, to not take advantage of the current scenario, Dayanidhi Maran said, cotton yarn prices would stabilize by December 15.

Dayanidhi Maran was in Chennai to officially launch a road show titled, “Scheme for Integrated Textile Parks,” under a public and private sector partnership.

He specifically told the spinning sector to not take advantage of rising cotton yarn prices as they had been steadily increasingly and in the process, create undue problems, as the government is very much concerned about the weavers.

On the contentious issue of Technology Up-gradation Fund Scheme (TUFS), he said the Cabinet Committee would clear a proposal to meet the sectoral requirements by the year-end.

Speaking about the Scheme for Integrated Textile Parks (STIPs), Maran said the textile ministry had sanctioned about 65 STIPs since 2005, of which 25 were operational and would attract investments worth about Rs 190 billion and provide employment to 500,000 people.

He lamented the poor response to the SITPs from Tamil Nadu, although about 55 percent of textiles and 60 percent of cotton yarn is produced in the state and citied that, it was the main reason for launching the road show in the state.

He also added by saying that, road shows would also be organised in Coimbatore, Bangalore, Hyderabad, Mumbai and Ahmedabad.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Courtesy: ITMF

Textiles | On 20th Jul 2017

ITMF'17 themed on tech, trade, climate in disruptive times

The International Textile Manufacturers Federation (ITMF), an...

Textiles | On 20th Jul 2017

RIL’s Q1 FY18 petrochemicals revenue up 22.9% y-o-y

Reliance Industries Limited (RIL) has reported its financial...

Interviews View All

Anvita Mehra
Confidential Couture

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

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eamonn Tighe
Nature Works LLC

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

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

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


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

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

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search