Home / Knowledge / News / Textiles / Bt cotton seed producers step up demand for price hike
Bt cotton seed producers step up demand for price hike
Mar '11
Bt cotton seed firms in Andhra Pradesh have demanded a rise in the prices of the single as well as the double gene cotton technologies from the state government.

They stated that if the prices were not raised, it would not only lead to widening of the demand-supply gap during next kharif season, but would also prove detrimental for the firms.

Members and representatives of the cotton seed producers have demanded a rise in the prices of the Bt1 and Bt2 cotton seed from present Rs 650 and Rs 750 per packet of 450 gm to a minimum of Rs 825 and Rs 1,050 per packet, respectively.

The seed firms have urged to devise a price mechanism to undertake a study of the rise in production cost and other concerning factors, before finalizing the commodity prices, every year.

The existing price structure was decided by the government in 2008, in keeping with a special provision drafted for the purpose, in advance.

Thus, the seed manufacturing firms contended that, the acquisition price has gone up by 58 percent over the last four years to Rs 419 per packet in 2010, and hence it is not any more possible for them to carry on with the existing retail price structure.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Mark Paterson
Technical Absorbents Ltd

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

Paolo Ocleppo
Sandvik Hyperion

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

Silke Brand-Kirsch
Schlegel und Partner

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search