Home / Knowledge / News / Textiles / 80% cotton ginneries shut shop in Gujarat
80% cotton ginneries shut shop in Gujarat
18
Mar '11
Out of around 1,000 ginning units in Gujarat, only 200-250 units are operational now.

Despite a record bumper crop estimated by the Cotton Advisory Board, cotton arrivals in Gujarat are running short, as a result of which seed cotton prices have gone up.

This has resulted in a rise in cost of production for cotton ginneries in Gujarat. To add to their misery, ginners are not receiving commensurate prices for the ginned cotton. This has resulted in full or partial closure of around 80 percent of ginning factories.

“Cotton arrivals in the main cotton growing belt of Gujarat are trickling down. As a result, 80 percent of ginning units have shut down or are working at low capacities”, laments Dilip Patel, President of All Gujarat Ginners Association.

“Prices of cotton seed brought in by farmers is very high and the final ginned cotton price is not commensurate, due to which we end up losing around Rs 2500-3000 per candy (1 candy= 356 kg)”, Dilip Patel told fibre2fashion.

Girish Raichura of Balkrishna Ginning Industries opines that farmers are hoarding seed cotton, due to which arrivals are stagnating.

“There are a few farmers who have good holding capacity and have decided to sell after the festival of Holi, which falls on March 19”, he informs.

Girish Raichura estimates that around 50 percent of gins have closed down permanently, despite the fact that most of them stop operations around end-April.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

New Pashmina Dehairing Plant to come up in Leh

A new Pashmina Dehairing Plant will be installed at Leh to increase...

Apparel/Garments | On 25th Mar 2017

Net sales at Christopher & Banks fall 10% in Q4

Net sales totalled $85.0 million for the fourth quarter ended January ...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Larry L Kinn
Suominen Corporation

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

Steve Cole
Xerium Technologies

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search