Home / Knowledge / News / Textiles / Unrevised prices cause Bt cotton seed production to fall
Unrevised prices cause Bt cotton seed production to fall
24
Feb '11
High production costs in Andhra Pradesh has caused the state's Bt cotton seeds production to fall by around 30 to 35 percent, as against the annual demand of around 45 million cotton seed packets, owing to which, the producers in the state could manage to supply only 35 million packets during the year, the National Seeds Association of India (NSAI) stated.

The State Governments generally fixes the price for these seeds, but here in spite of such a significant rise in the production cost, the government declined to revise its prices, last year.

However, the National Seeds Association of India (NSAI) is considering forwarding a request to the various state governments to revise the prices of Bt cotton seeds. It is to once again take up the issue to the state Chief Minister to seek his intervention in the matter. Prior to this, the NSAI walked to the CM with an urge to raise the Bt cotton seed prices by 30 percent in February 2010.

The Bt cotton seeds, presently are being sold at Rs 650 per packet for single and Rs 750 for double gene technology. The NSAI had urged the state government to raise this price to Rs 850 and Rs 1,050 per packet respectively.

Andhra Pradesh alone contributes 75 percent of the country's overall seed production, while employing around 2.5 million direct and indirect workers in the industry.

The Bt cotton seed market has a Rs 20 billion share in Rs 70 billion worth seed industry.

Also that, around 90 percent of the total cotton cultivation in the state is under Bt cotton. But then, this overall acreage under Bt cotton cultivation is also likely to come down if the companies keep on cutting down their production.

Fibre2fashion News Desk - India


Must ReadView All

Serbian economy minister Goran Knezevic (left) and Taypa president Mesut Toprak after signing the MoU. Courtesy: Serbian Government/SeeNews

Textiles | On 20th Oct 2017

Turkish group Taypa to build textile factory in Serbia

Turkish textile group Taypa will invest euro 35 million ($41.2...

China’s textile & apparel exports rise 4.3% in Sept ’17

Textiles | On 20th Oct 2017

China’s textile & apparel exports rise 4.3% in Sept ’17

Registering an increase of 4.3 per cent year-on-year, the exports of...

Courtesy: Messe Frankfurt

Textiles | On 20th Oct 2017

Heimtextil to focus on textile solutions for architects

Heimtextil 2018, world's leading trade fair for home and contract...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

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 ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

October 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
77.9%
No
13.2%
Skip
8.8%

Total Votes: 68

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
61.8%
No
27.9%
Skip
10.3%

Total Votes: 68

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
85.3%
No
10.3%
Skip
4.4%

Total Votes: 68

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
75.0%
No
11.8%
Skip
13.2%

Total Votes: 68


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