Home / Knowledge / News / Textiles / Garment body appeals to keep exports of cotton yarn in negative list
Garment body appeals to keep exports of cotton yarn in negative list
Apr '11
Mr Rakesh Vaid, President, Garments Exporters Association - GEA has expressed disappointment at the removal of cotton yarn exports from the negative list and putting it under OGL with effect from April 1, saying that this will result in unchecked exports of yarn resulting in unchecked price increases and its scare supply in domestic market.

In a letter to Shri Anand Sharma, Union Minister of Commerce and Industry, Mr Vaid pointed out that garment exporters have been undergoing serious crisis due to non-availability of adequate supply of cotton yarn at reasonable prices and requested him to put cotton yarn back on the negative list because of the extra ordinary and excessive rise in the price of cotton yarn.

He further said yarn exports constitute less than 10 per cent of overall textiles exports, but have a potential to derail exports of value added and job creating products like garments and made-ups.

Mr Vaid further pointed out that cotton yarn exports from India face little international competition, as most yarn producing nations preserve their domestic yarn supply for its industry. On the other hand, garment exports from India face stiff international competition.

Besides, being on top of the value chain, these exports are faced with high infrastructure deficiency and transaction costs.

"We hope that the government will take prompt and necessary steps to safeguard the interests of garment exporters. We also request the government to allow export of cotton only in a calibrated manner to ensure adequate and uninterrupted supply of cotton yarn at reasonable prices for the domestic industry," Mr Vaid said.

Demanding some sort of control on the export of cotton and yarn, Mr Vaid also stressed the need to focus more on value added exports of garments rather than raw cotton or fabric as the value addition is over six times if the same amount of cotton yarn that is being exported is used by Garments exporting units.

While keeping the export of cotton yarn in negative list, Mr Vaid requested the Government to maintain the export ceiling at 720 million kg for this year also.

The Government must take immediate steps to resolve a serious crises being faced by the Textile Industry because of non-availability of cotton, yarn and fabric even at higher prices.

Garments Exporters Association

Must ReadView All

Courtesy: Alibaba

Apparel/Garments | On 21st Feb 2017

Alibaba announces retail partnership with Bailian Group

Chinese e-commerce giant Alibaba Group has made another move in its...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Apparel/Garments | On 21st Feb 2017

Govt may free up retail FDI for domestic goods

Government may remove restrictions on retailers like Walmart and...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Johan Berlin
InvestKonsult Sweden AB

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Paolo Ocleppo
Sandvik Hyperion

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

Robert Brunner

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

Tony Ward
Tony Ward

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

February 2017

February 2017

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


Browse Our Archives


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