Interviews
FIEO: Govt to immediately suspend export of raw cotton
12 Nov '09
4 min read
President said that while raw cotton exports yield about Rs 65/kg, exports of ready made garments fetches about Rs 450/kg on average basis which results in 700% value addition besides having spin off effect on economy particularly on employment.
President FIEO further said that November to March is the most crucial period for our cotton economy since most of the best quality cotton produced in the country comes to the market during this period. As the quality is a main determining factor to sustain in the global market, any fall in cotton quality will have a detrimental effect on garment exports, President FIEO cautioned.
President FIEO further said that November to March is the most crucial period for our cotton economy since most of the best quality cotton produced in the country comes to the market during this period. As the quality is a main determining factor to sustain in the global market, any fall in cotton quality will have a detrimental effect on garment exports, President FIEO cautioned.
Federation of Indian Export Organisations
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