Home / Knowledge / News / Textiles / India needs a comprehensive cotton fibre policy: NITMA
India needs a comprehensive cotton fibre policy: NITMA
10
Sep '16
The Northern India Textile Mills’ Association (NITMA) has urged the government to create a comprehensive cotton fibre policy. The association believes that ensuring sufficient stock to use ratio for cotton fibre and providing the fibre throughout the year at international spot prices can put an end to the challenges being faced by the struggling industry.

NITMA also recommends the government to avoid getting involved in the manufacturing process of ginning and directly pay the difference between minimum support price (MSP) and market price to the farmer. A roadmap is required to improve cotton yield and its quality, and revamping the role of Cotton Corporation of India (CCI) and Cotton Advisory Board (CAB) can help meet the objectives.

One of the main concerns for the industry is that the country does not have sufficient surplus cotton. India’s competitors like Pakistan, Bangladesh, China and Vietnam among others buy 20 to 30 per cent of the crop, forcing India to import it at relatively high prices at the end of the season. Moreover, sowing has taken a hit of 10 to 15 per cent in the current season and there is no proper mechanism for measuring crop arrivals and forecasting crop.

“We feel that government like other agricultural crops needs to ensure sufficient availability of cotton at competitive prices to the industry, otherwise the industry would find it difficult to move up the value added chain and become a large manufacturer of textile products like China, Bangladesh etc. It could instead be rendered as a supplier of raw material like African, CIS nations,” said Sanjay Jain, president, NITMA.

Giving suggestion for development and sustainability of cotton value chain to the government, Jain added, “Create a cotton board with a clear mission and goal to take India’s productivity to 1000 kg of lint/hectare grown by 2020. Farmers earnings growth needs to come from productivity and efficiency rather than industry paying more for fibre – this is the only way to protect interests of both farmer and industry.”

Some of the other suggestions the association has given include allowing funding for cotton stocking at subsidised rates of 2 per cent below the base rate from October to April, scientifically determining the area under cultivation, imposing import duty on edible oils to improve the cotton economics and working on reducing contamination. (KD)

Fibre2Fashion News Desk – India


Must ReadView All

VF Corporation to split into two independent companies

Apparel/Garments | On 14th Aug 2018

VF Corporation to split into two independent companies

VF Corporation, a global leader in branded lifestyle apparel,...

Courtesy: Good On You

Apparel/Garments | On 14th Aug 2018

Good On You in Oz adds 500 European brands to rating app

Australia-based Good On You’s brand-rating app has recently added 500 ...

Courtesy: USDA/FAS

Textiles | On 14th Aug 2018

US cotton exports in 2017-18 highest in over a decade

Cotton exports from the US in 2017-18 reached their highest level...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Top executives
Textile industry, India

The event should be organised every year

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Urmil Arya

Sushila International, a well established textile organisation established ...

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

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

Leave your Comments


August 2018

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

news category


Related Categories:

Advanced Search