Home / Knowledge / News / Textiles / India maintains status quo on cotton exports
India maintains status quo on cotton exports
17
Jan '11
The Committee of Secretaries involving ministries that deal with raw and cotton yarn exports met in New Delhi on January 14th as planned. No decision was made with regard to revising the export quota limit for raw cotton and cotton yarns.

The maximum export limit will be 5.5 million bales of 170 kg each. On January 10th, India's Director General of Foreign Trade allocated 1.9 million bales to 928 exporters, which have to be shipped by February 25th. This allotment of remaining bales will fulfill the export quota limit of 5.5 million bales.

A senior executive of a textile conglomerate who wanted to remain anonymous advised this scribe via a telephone conversion on Saturday morning U.S time (January 15) that the committee of secretaries that met Friday, January 14th did not make any decision on revising the quota limit of raw cotton and cotton yarn.

Mr. Subhash Grover, Chairman and Managing Director of Cotton Corporation of India confirmed this information via a telephone conversation from Mumbai, India and advised that India will maintain its status quo with regard to raw cotton export.

In summary, as of January 15th, India's export quota limit for raw cotton stands at 5.5 million bales (170 kg each, with February 25th being the deadline for physical shipment of 1.9 million bales.

Seshadri Ramkumar


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Mark Paterson
Technical Absorbents Ltd

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Tony Ward
Tony Ward

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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