Home / Knowledge / News / Textiles / Export enhancement shocks the Indian spinning sector
Export enhancement shocks the Indian spinning sector
10
Jun '11
Cotton export enhancement by one million bales this season has shocked the Indian cotton spinning sector.

Coimbatore-based The Southern India Mills' Association in a statement, June 9th has expressed dissatisfaction with the recent Indian government's decision to cap the cotton export this season at 6.5 million bales of 170 kg each instead of 5.5 million bales. Government of India on June 8th decided to increase this year's cotton export by one million bales (170 kg each).

Mr. J. Thulasidharan, Chairman of (SIMA) has stated that the government has earlier assured to maintain a closing balance of 5 million bales. With the enhanced export limit, the closing stock this year will come down to 1.75 million bales. In a statement, SIMA Chief has criticized India's Agriculture Ministry for over estimating this year's crop to be 33.9 million bales. SIMA is backing an estimate of 31 million bales, which is less than the Agriculture Ministry's estimate.

SIMA has pleaded the Indian government to reconsider its June 8th decision to allow more cotton export from India.

Seshadri Ramkumar, Texas Tech University, USA

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Evelyne Cholet
UCMTF

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

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Kevin Nelson
TissueGen

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

Eamonn Tighe
Nature Works LLC

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

Giorgio Mantovani
Corman S.p.A

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

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

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
March 2017

March 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