>>
Home / Knowledge / News / Textiles / ACSA, Cotton Australia receive govt grant for market diversification

ACSA, Cotton Australia receive govt grant for market diversification

27
Jul '21
Pic: Shutterstock
Pic: Shutterstock
The Australian Cotton Shippers Association (ACSA) and Cotton Australia (CA) have received a $692,456 grant from the government to develop and implement a strategy for market diversification. The grant would play an important role in coordinating a plan for the future of the country’s cotton industry, minister for agriculture and northern Australia David Littleproud said.

“This grant will establish a long-term strategy for market diversification for the entire cotton industry,” minister Littleproud said in a statement.

“This will explore as many options as possible to make Australian cotton a fibre of choice for textile manufacturers. It will look at markets with huge growth potential, like Bangladesh, Pakistan and Vietnam; it will also look at consumer education through digital platforms,” he said.

Cotton Australia chief executive officer Adam Kay said market diversification is crucial in the next two years. “We’re forecasting a good crop in 2021 and a huge crop in 2022—635,000 tonnes this year and 1 million tonnes next year,” Kay said.

“Working closely with our customers, retailers and brands will increase demand for the sustainable high-quality cotton we produce and avoid stockpiling product,” he added.

Fibre2Fashion News Desk (DS)


Must ReadView All

Pic: cf.kizlarsoruyor.com

Apparel/Garments | On 6th Dec 2021

All Turkish goods to be labelled ‘Made in Turkiye’

All goods produced in Turkey, including clothing for exports, will be ...

Pic: Jaroslaw Baczewski | Dreamstime.com

Textiles | On 6th Dec 2021

Global cargo demand up by 9.4% in Oct 2021 over Oct 2019: IATA

Global demand was up by 9.4 per cent in October 2021 compared to the...

Pic: Phanthit Malisuwan | Dreamstime.com

Textiles | On 6th Dec 2021

NCTO offers key policy recommendations to support US industry

In a written testimony before the US House Ways and Means Trade...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Trainers faced immense challenges as most were not tech-savvy

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Andrea Pelissero,

Andrea Pelissero

Located near Milan, Italy, and with 50 years of experience in the textile...

Akram Tariq Khan,

Akram Tariq Khan

E-commerce brand YourLibaas meaning "garment or attire" in Udru, was...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha & Jigar blends India's unique handcrafts...

Anju Modi, Label Anju Modi

Anju Modi
Label Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

Sunita Shanker, Label Sunita Shanker

Sunita Shanker
Label Sunita Shanker

Inspired by the rich traditional crafts of India, Sunita Shanker’s work is ...

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

Leave your Comments


December 2021

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


Advanced Search