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CITI chairman is despondent with the Budget 2018

The Confederation of Indian Textile Industry (CITI) chairman, Sanjay Jain on the other hand welcomes the Budget 2018 with a doubt. He feels a large part of the increase in allocation has gone to the state-owned Cotton Corporation of India (CCI) for performing minimum support price (MSP) operations and hence, won’t help the industry. Although the […]

appareltalk
February 2, 2018
3 Comments
456 Views

Apparel and Textile News Global News

Licensing programme to increase Cotton USA labeled products

Cotton USA, manufacturer of cotton products and promotes cotton fibre from US globally, promote cotton textiles at the Taipei Innovative Textile Application Show (TITAS) in Taiwan. The show being the important textiles events in Asia was held for local textile industries to promote innovative textiles. At the show, CCI recruited Genquo and Weavism, two new […]

appareltalk
December 11, 2017
20 Comments
603 Views

Apparel and Textile News Retail News

Future Lifestyle Fashion Deal Okayed By CCI

Future Lifestyle Fashions Ltd (FLFL) would transfer a section of its apparel marketing business, operated under the ‘Lee Cooper’ brand, to its indirect wholly-owned subsidiary Future Speciality Retail Ltd (FSRL). The deal has been approved by the Competition Commission of India (CCI). FSRL is a wholly-owned subsidiary of Future Trendz Ltd (FTL), which is a […]

appareltalk
March 29, 2017
8 Comments
442 Views

Apparel and Textile News Trade Info News

Cotton Production Crosses Last Year’s Figure

The cotton yield has received a boost as 6.6 lakh bales (each weighing 140 kg) of cotton have been procured so far surpassing last year’s production figures of 6.5 lakh bales. Last year, whitefly destroyed more than 60 per cent of the cotton crop in the Malwa belt. Despite the steep fall in the area […]

appareltalk
February 21, 2017
9 Comments
406 Views

Apparel and Textile News Trade Info News

SIMA hails Textiles Ministry’s Move on Cotton Purchase

Textile industry in southern part of India has welcomed textiles minister Smriti Irani’s announcement of unique terms and conditions for procuring cotton from Cotton Corporation of India (CCI) for the benefit of MSME textile units. “Under the new terms and conditions for fully pressed bales of CCI facilitates, the registered MSME textile units can procure […]

appareltalk
December 31, 2016
24 Comments
424 Views

Apparel and Textile News Trade Info News

Cotton Trade Body Opposes Govt’s Buffer Stock Move

The Cotton Association of India (CAI) has opposed the creation of a cotton buffer stock and urged the central government to snub textile industry’s request of directing Cotton Corporation of India (CCI) to retain the buffer stock. This move will take the country back to the pre-liberalised era of late 1980s and early 1990s, according […]

appareltalk
November 2, 2016
3 Comments
411 Views

Apparel and Textile News Ministry of Textiles News

Indian Textile Industry Appeals for Cotton Fibre Security

A 19-member delegation from Indian textile industry met the textiles minister, Smriti Zubin Irani and submitted a joint memorandum. “Based on the collective decision taken by 26 textile Associations across the value chain in the country, it was unanimously decided to insist the government to direct Cotton Corporation of India to procure 70 to 80 […]

appareltalk
October 5, 2016
1 Comment
395 Views

Apparel and Textile News Trade Info News

Industry Struggling, Even India Is Cotton Surplus

TODAY’S STATUS: India’s crop, which was growing every year (we became the largest in 2014-15) has stagnated/reduced for last 2 years and is facing challenges of area, yield and pests – FROM PEAK OF 398 LAC BALES, WE ARE DOWN TO 336 LAC India surplus cotton has dwindled, leading to competition between exports and domestic […]

appareltalk
September 8, 2016
34 Comments
396 Views

Apparel and Textile News Trade Info News

CCI Starts Selling Unsold Stock By Online Auction

The recent spurt in cotton prices has resulted in higher input costs for the spinning sector in the country leading to some financial stress. In order to ease the situation, Cotton Corporation of India (CCI) has started to sell its stock to Small Scale Industries (SSI) spinning mills. The online auction of the balance unsold […]

appareltalk
August 5, 2016
4 Comments
417 Views

Apparel and Textile News Trade Info News

Curbs On Cotton Yarn Exports Sought

In the wake of frequent price fluctuations of cotton and yarn, hosiery garment manufacturers urged the government to impose restrictions on the export of these articles. President of South India Hosiery Manufacturers Association, A. C. Eswaran said it was necessary to control the export of cotton and yarn to prevent escalation of prices amidst reports […]

appareltalk
July 13, 2016
30 Comments
395 Views

Apparel and Textile News Global News

Cotton Purchase To Drop For Higher Imports From PAK

The purchase of cotton by Indian government is expected to drop down to 89 per cent in the 2015-16 marketing year owing to high prices after rise in import of the crop by Pakistan. The Cotton Corporation of India (CCI) supports cotton farmers in India by purchasing the crop at the minimum support price (MSP) […]

appareltalk
January 1, 2016
3 Comments
374 Views

Apparel and Textile News Trade Info News

Rs 110 Bonus On Cotton MSP In Gujarat

The Gujarat government has announced a bonus of Rs 110 per 20 kg of cotton to help farmers get the additional amount on the Minimum Support Price (MSP) of Rs 810 per 20 kg when the crop is sold to government procurement agency, Cotton Corporation of India (CCI). The bonus scheme will be applicable from […]

appareltalk
December 17, 2015
2 Comments
344 Views

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Tag: CCI

CITI chairman is despondent with the Budget 2018

Licensing programme to increase Cotton USA labeled products

Future Lifestyle Fashion Deal Okayed By CCI

Cotton Production Crosses Last Year’s Figure

SIMA hails Textiles Ministry’s Move on Cotton Purchase

Cotton Trade Body Opposes Govt’s Buffer Stock Move

Indian Textile Industry Appeals for Cotton Fibre Security

Industry Struggling, Even India Is Cotton Surplus

CCI Starts Selling Unsold Stock By Online Auction

Curbs On Cotton Yarn Exports Sought

Cotton Purchase To Drop For Higher Imports From PAK

Rs 110 Bonus On Cotton MSP In Gujarat