Home / Knowledge / News / Textiles / Cotton output to fall & consumption to rise
Cotton output to fall & consumption to rise
17
Dec '10
The Chairman of The Southern India Mills' Association, (SIMA), Mr. J. Thulasidharan while addressing the audience at the 6th edition of Texfair-2010 in Coimbatore on December 17th estimated that due to unseasonal monsoon and floods in the cotton growing states of Andhra Pradesh, Maharashtra and some parts of Gujarat, cotton production for the 2010-11 season will be about 290 lakh bales (29 million bales of 170 kg each).

This is 35 lakh bales (3.5 million bales) less than the Indian Cotton Advisory Board's estimate of 325 lakh bales (32.5 million bales). The Southern India Mills' Association in Coimbatore, India is a 400 member body representing the spinning industry with majority of its members in the southern states of India

While the new estimate by SIMA is 29 million bales, the closing stock for the season ending in September 2011 is estimated to be 34.5 lakh bales (3.45 million bales). The cotton production is predicted to go down and the domestic cotton consumption is expected to go up.

There will be one million spindles added during April 2011- March 2012. During April 2009- March 2010, 3.5 million spindles were added. New spindles added over the two year period (April 2010-March 2012) will be 4.5 million. While speaking to this scribe in the sideline of Texfair event in Coimbatore, the additional spinning capacity numbers were also echoed by an executive of Rieter India Pvt. Ltd, one of the three leading spinning machinery suppliers in India.

According to this industry person, the investment capacity of the spinning mills is limited due to the existing machinery manufacturers' production capacity. He further added, the spinning mills will be interested in adding more spindles if the machinery producers can supply more. The investments by Indian spinners will lead to increased domestic cotton consumption in the next year and further, which may lead to cotton supply squeeze.

By: Seshadri Ramkumar, Texas Tech University, USA


Must ReadView All

Robert Lighthizer speaking at the opening of the ministerial plenary of the 16th Forum of AGOA, in Lome. Courtesy: US Embassy in Togo

Textiles | On 17th Aug 2017

US committed to Africa, Lighthizer tells AGOA forum

The United States and Africa can jointly create a better business...

Textiles | On 17th Aug 2017

Sri Lankan textile exports down 4.1% in May 2017

After showing positive trend for two consecutive months, Sri Lankan...

Courtesy: CBEC

Textiles | On 17th Aug 2017

E-commerce firms need to file monthly statements: CBEC

India’s Central Board of Excise and Customs (CBEC) has clarified that ...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Dinaz Madhukar
DLF Emporio and DLF Promenade

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

Paolo Ocleppo
Sandvik Hyperion

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Tony Ward
Tony Ward

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

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

August 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
Sustainability?

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
18.5%
Skip
14.8%

Total Votes: 27

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

Yes No

Active Poll

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

Yes
37.0%
No
40.7%
Skip
22.2%

Total Votes: 27

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

Yes No

Active Poll

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

Yes
81.5%
No
7.4%
Skip
11.1%

Total Votes: 27

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

Active Poll

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

Yes
55.6%
No
11.1%
Skip
33.3%

Total Votes: 27


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



X