Home / Knowledge / News / Textiles / Cotton export cap badly hits Gujarat ginneries
Cotton export cap badly hits Gujarat ginneries
08
Jun '11
The unduly long time being taken by the Centre to decide on lifting the export ban on cotton, has led both the ginning industry and the cotton growers to suffer heavy losses due to a drop in domestic cotton prices, the local Ginning Association in Gujarat has claimed.

It stated that the Union Textiles Minister Dayanidhi Maran and Union Finance Minister Pranab Mukherjee on May 19 assured the association delegates that their Ministries would soon resolve the issue. Following this assurance, the ginners called off their strike, which was going on from May 15 onwards. However, nothing has been done on this front till date.

The association wants the Centre to lift the cotton export ceiling of 5.5 million bales. The Centre last year allowed exports of 8.5 million cotton bales, while this year, in spite of higher production, the exports have been capped at a lower level. The association, thus, stated that it is necessary to lift this ceiling in the interest of the farmers.

As a special case the association has sought an export quota of 1.5 million bales for Gujarat.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Feb 2017

Bangladesh exporters want duty-free access to US, Brazil

Garment and apparel exporters of Bangladesh are seeking duty-free...

Textiles | On 22nd Feb 2017

India to produce 341 lakh bales cotton in 2016-17: CAI

The Cotton Association of India (CAI) has maintained in its January...

Textiles | On 22nd Feb 2017

'India to be self-sufficient in silk production by 2020'

Indian could be self-sufficient in silk production by the year 2020...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Sonam & Paras Modi
SVA

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

Robert Brunner
Devereux

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

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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