Home / Knowledge / News / Textiles / 'Lifting cap on cotton exports good step' – Ginners body
'Lifting cap on cotton exports good step' – Ginners body
14
Jun '11
The decision of the Union government to permit exports of an additional one billion cotton bales (1 bale = 170 kg) has thrown up contradictory reactions from amongst various segments of the cotton value-chain in India.

While on one hand, the cotton ginners who had pressurized the government to allow additional bales of cotton have welcomed the move, the textile sector is unhappy with the decision of the government.

“The government has taken a good step by lifting cap on exports. But the increase is not enough, compared to the current stock position with farmers and traders”, Mr Anand Popat, General Secretary - Saurashtra Cotton Ginners Association told fibre2fashion.

He added, “Yarn spinners have reduced production by 30-40 percent, so the consumption which was estimated at 26.6 million bales, according to SIMA & CAB, will now, be not more than 2.4 million bales. So, ideally, cotton export cap should be extended by an additional 1.5 million bales”.

Mr Anand Popat is also optimistic that the government might further tentatively permit an additional 1.5 million cotton bales for export.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Krishnanand Tripathi
Textrade International Ltd

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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:
April 2017

April 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



X