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1 September 2010 |
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Cotton traders agree on exports cap |
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(Source: The Economic Times, Coimbatore) |
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Southern India Mills Association (SIMA) chairman J Thulasidharan said around 70 lakh bales are expected to arrive in the first two months of the new season. GTN Textiles managing director BK Patodia said traders have agreed to voluntarily restrict exports for the first three months of the new season. ....read more
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1 September 2010 |
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Textile ministry to push cabinet for early fiber policy |
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(Source: SME Times) |
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The Ministry of Textiles will soon approach the Cabinet for making the National Fibre Policy, which will bring an end to the tax disparity between cotton and man-made fibre (MMF), a news agency reported on Tuesday.....Read more
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| August |
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31 August 2010 |
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Textile industry body wants calibrated cotton exports |
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(Source: The Hindu Business Line, G. Chandrashekhar, Mumbai) |
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Cotton exports need to be calibrated so that our best cotton is available to the domestic industry and does not go to major competitors such as China, Pakistan and Bangladesh, the Confederation of Indian Textile Industry (CITI) has argued. In a presentation on the cotton economy made recently to Dr C. Rangarajan and Dr Soumitra Choudhary in New Delhi, the CITI Chairman, Mr Shishir Jaipuria, had demanded that only exportable surplus should be allowed for shipment overseas, that too at equal monthly installments during the peak arrival season from October to March.....Read more
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30 August 2010 |
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Commerce min to discuss cotton exports with agri, textile ministries |
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(Source: Business Standard, Chennai) |
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The commerce ministry would hold a meeting with agriculture and textile ministries on September 1 to discuss cotton exports.....Read more
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29 August 2010 |
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Govt to allow export of only surplus cotton |
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(Source: The Hindu, Chennai) |
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The domestic textiles industry shall have the fullest use of the country's cotton crop, and only surplus cotton will be allowed to be exported, the Union Commerce Secretary, Dr Rahul Khullar, said on Saturday.....Read more
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19 August 2010 |
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Removal of cotton export curbs irks knitwear sector |
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(Source: The Hindu Business Line, Coimbatore) |
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The knitwear sector has expressed shock and concern over the Government's decision to export cotton without any restriction from October 1.
The DGFT's notification issued on August 17, stating that cotton exports have been brought under Open General Licence, has taken the knitwear exporters by surprise.....Read more
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19 August 2010 |
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Bright prospects seen for technical textiles |
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(Source: The Hindu Business Line, Coimbatore, August 19, 2010) |
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Indian-born Associate Professor of Texas Tech University Dr Seshadri Ramkumar is upbeat about the prospects for the technical textiles industry in India.....Read more
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19 August 2010 |
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SIMA fears cotton export move will lead to closure of small units |
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(Source: The Hindu Business Line, Coimbatore) |
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Textile industry sources have expressed their displeasure over the Government's premature announcement on cotton export. They fear that the move would threaten the survival of the domestic cotton textile industry at a time when things were starting to look up.....Read more
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18 August 2010 |
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Registration for cotton export to begin on Sept 1 |
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(Source: The Hindu Business Line, New Delhi) |
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The Commerce Secretary, Dr Rahul Khullar, said on Tuesday that cotton exports would be allowed from October 1 without any restrictions, when the new crop starts arriving in the market.....Read more |
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17 August 2010 |
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Freeze on tech upgrade scheme begins to hurt textile sector |
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(Source: The Hindu Business Line, Anil Sasi, New Delhi) |
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“The sector is understandably disturbed by the freeze on TUFS sanctions announced by government,” said the Chairman of the Confederation of Indian Textile Industry, Mr Shishir Jaipuria.....Read more |
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