Home / Knowledge / News / Textiles / Indian cotton merchants demand free export
Indian cotton merchants demand free export
23
May '11
Cotton Association of India has urged the Indian Prime Minister to allow free cotton exports from India immediately.

On May 19th, Mr. Dhiren Sheth, President of Cotton Association of India (CAI) has sent a four page letter to Dr. Manmohan Singh, Prime Minister of India urging him to take immediate steps to allow free cotton exports from India under Open General License without any quantitative restrictions.

In his letter, Mr. Sheth has made it clear that the curbing of cotton exports since February end has resulted in the cotton price crash up to 30%. The plight of the farmers has been highlighted mentioning that Indian cotton farmers are not realizing global prices. The letter has criticized the Indian export policy to be vacillating since last April, which has led to the erosion of confidence in Indian cotton in the international market.

Mr. Sheth has pointed out that the restriction of cotton exports is disastrous to Indian farmers as they are left to the mercy of Indian mills. CAI has pointed out to the Indian Prime Minister that the current export policy is detrimental to the Indian cotton sector and has urged immediate free export trade without any quantitative restrictions.

In a separate communication on May 23rd from India, Mr. Kishore Tiwari, President of Vidarbha Jan Andolan Samiti, a farmer support group has strongly backed the CAI's plea for free cotton trade and has criticized the Indian textile lobby for blocking free exports from India.

Seshadri Ramkumar, Texas Tech University, USA


Must ReadView All

Textiles | On 22nd Aug 2017

Cotton yarn futures trading begins in China’s Zhengzhou

Cotton yarn futures trading recently began on the Zhengzhou Commodity ...

Textiles | On 22nd Aug 2017

PTEA concerned over sluggish textile sector growth

The Pakistan Textile Exporters Association (PTEA) has expressed...

Textiles | On 22nd Aug 2017

Asian Propylene prices march higher last week

Propylene prices went up in Asia in the last week due to tight supply ...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Evelyne Cholet
UCMTF

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

Steve Cole
Xerium Technologies

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mark Paterson
Technical Absorbents Ltd

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

Tony Ward
Tony Ward

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

Anisha Chaudhari
Threads & Shirts

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

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

August 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
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

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
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

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
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

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
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


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