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Thulasidharan to head Indian Cotton Federation 2017-18
30
Aug '17
J Thulasidharan; Courtesy: CITI
J Thulasidharan; Courtesy: CITI
J Thulasidharan, managing director of Coimbatore based The Rajaratna Group of Mills, will continue as president of Indian Cotton Federation, formerly known as South India Cotton Association, for 2017-18. At its 38th Annual General Meeting, the Federation elected P Nataraj and KN Vishwanathan as vice presidents. Atul P Asher was elected as honorary secretary.
 
Thulasidharan is currently chairman of The Confederation of Indian Textile Industry (CITI), New Delhi, the apex body representing the entire textile industry in the country. He has also served as the chairman of The Southern India Mills’ Association (SIMA), president of Open End Spinning Mills Association and SIMA Cotton Development & Research Association (SIMA CD&RA). He also holds directorship in Coimbatore Capital Limited and Coimbatore Commodities Limited.
 
Speaking at the Annual General Meeting, Nataraj said farmers have sown more cotton this season compared to the previous one due to normal monsoon and higher price realisation compared to other cash crops. Expecting a bumper crop, he said the challenge would be in managing the fibre as mill consumption has decreased significantly.
 
Atul Asher estimated 2017-18 crop to increase by at least 10 to 15 per cent over the previous season’s acreage.
 
As on August 24, the area under cotton had grown by 6.4 per cent year-on-year or an increase of 7.23 lakh hectare, crossing the record 120 lakh hectare, according to the data with the Union ministry of agriculture.
 
Meanwhile, the Cotton Advisory Board (CAB) comprising representatives from the textile industry, trade, ginners and government officials, has earlier this month estimated cotton crop at 345 lakh bales for the 2016-17 season. (RKS)

Fibre2Fashion News Desk – India


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