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

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

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

Sonam & Paras Modi
SVA

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing 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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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