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Tag: CCI

SIMA Demands Fair Cotton Trading Policy
Apparel and Textile News Trade Info News

SIMA Demands Fair Cotton Trading Policy

The Southern India Mills’ Association (SIMA) has appealed to textiles minister, Santosh Kumar Gangwar to direct the Cotton Corporation of India (CCI) to adopt a transparent and fair cotton trading policy which would ensure win-win strategy both for the farming and cotton textile manufacturing communities. In a press release, SIMA chairman, M Senthilkumar has proposed […]

COTTON USA
Apparel and Textile News Apparel Brands and Companies Retail News

COTTON USA Partners With Shoppers Stop In Joint Retail Activity

COTTON USA, the trademark ingredient brand of Cotton Council International (CCI), has announced its first retail partnership with India’s leading fashion retailer – Shoppers Stop. COTTON USA and Shoppers Stop will conduct a month-long in-store promotion aimed at increasing consumer awareness of US cotton-rich apparel, and gradually move toward creating an exclusive line of labelled […]

Birla Textile Mills
Apparel and Textile News Apparel Brands and Companies

Approval From CCI For Acquisition Of Birla Textile Mills

Sutlej Textiles and Industries, the flagship company of KK Birla Group, received approval for the Rs 233 crore deal for the acquisition of Birla Textile Mills (BTM), the textile division of Chambal Fertilisers and Chemicals Ltd., location at Baddi in Himachal Pradesh from the Competition Commission of India (CCI). Sutlej Textiles in a filing to […]

Cotton Industry
Apparel and Textile News

Cotton Pressing Figures Reach 3.45 Crore Bales

According to an Indian Cotton Federation (ICF) report for the fortnight ended May 15, as per trade sources, approximately 3.45 crore cotton bales have been pressed till now. ICF said it expects in states like Gujarat and Maharashtra, farmers may shift from cotton to pulses and groundnut as they find cotton farming unviable due to […]

Cotton Procurement Operation
Apparel and Textile News Ministry of Textiles News

Loss Of Rs2.5k-Cr On Cotton Procurement Operation

The state-run Cotton Corporation of India (CCI) procures the fibre from farmers at minimum support prices (MSPs) to prevent distress sales by farmers and sells the stocks later in the market. Any loss incurred out of the procurement operation is reimbursed by the government. In the current marketing year through September, the government will likely […]

Textile Minister
Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

Textile Minister Urged To Direct CCI To Offload Cotton

The textile industry from south India has urged the textile minister to direct Cotton Corporation of India (CCI) to offload cotton in the market as the textile mills in the region are running short of quality cotton. Due to fall in cotton prices, CCI, in order to safeguard the interest of the farmers has procured […]

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