Home / Knowledge / News / Textiles / Varanasi weavers seek ban on cotton exports
Varanasi weavers seek ban on cotton exports
Apr '11
A ban on cotton exports has been demanded by the Banarasi Vastra Udyog Sangh (BVUS), in order to curb the commodity prices and to safeguard the textile industry.

The BVUS has forwarded a letter seeking ban on cotton export, to the Prime Minister, Textile Secretary, Textile Commissioner, Development Commissioner (handloom), Union Minister of Textiles, UPA Chairperson and Minister of Commerce.

BVUS Yarn Development Committee's Convener, GK Kediya said that, cotton prices soared to almost double during 2010, from Rs 23,000 per bale (170 kg) to Rs 46,000 per bale, while in March this year it further rose by 33 percent to Rs 61,360 per bale. This means that the commodity prices have gone up by Rs, 38,360 from January 2010 to till date, a whopping rise of 166 percent.

Such rise in cotton prices lead to closure of several mills, while the weavers too changed to use of synthetic yarn. According to Kediya, in the process, Indian would loose out on exports of cotton fabrics. He added that Varanasi is the key consumer of cotton yarn, and mercerised cotton yarn in particular.

He said that, they are seeking a ban on raw cotton export, as this measure has capacity to singly bring down the commodity prices.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Nine West

Fashion | On 17th Jun 2018

ABG wins bid in Nine West Holdings auction

Authentic Brands Group (ABG), owner of a global portfolio of...

Courtesy: Kreussler

Textiles | On 17th Jun 2018

USDA certifies Kreussler's solvent as biobased

The US Department of Agriculture (USDA) has certified Kreussler's...

Courtesy: ITUC

Textiles | On 17th Jun 2018

Democratic space shrink & corporate greed are rising: ITUC

Shrinking democratic space for working people and unchecked corporate ...

Interviews View All

Victor Chao

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

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Steve Cole
Xerium Technologies

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eamonn Tighe
Nature Works LLC

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

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

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


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search