Home / Knowledge / News / Textiles / India's ban on cotton exports to affect recovery of global textile sector
India's ban on cotton exports to affect recovery of global textile sector
Dec '10
President of the Textile Committee of the National Society of Industries (SNI), Peru – Enrique Falcone, revealed that some associations in the textile sector across the globe are urging their respective governments to convince the Indian Government to lift its ban on raw cotton exports, which has led to the escalation of cotton prices by 130 percent in the global market since April, 2010.

According to him, the prohibition on the export of raw cotton could adversely impact the revival of the textile sector in these countries. He emphasized that the fibre cotton used by the Peruvian textile sector is not being imported directly from India, but the ban on cotton exports of India have increased the prices of raw cotton, yarn and other textile products in the global market, which can have its impact on the textile sector of the country. He further commented that the situation is grave as the sector is trying its level best to recover from the worldwide recession and reach the previous levels.

Fibre2fashion News Desk-India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Eric Scholler

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

Paolo Ocleppo
Sandvik Hyperion

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

Steve Cole
Xerium Technologies

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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...

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


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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