Apparel and Textile News Apparel Brands and Companies

CCI Should Sell Cotton By E-Auction

Southern India Mills’ Association (SIMA) has said Textiles minister, Santosh Kumar Gangwar should direct Cotton Corporation of India (CCI) to immediately commence selling the commodity directly to the actual users by e-auction, with liberal credit norms. Due to fall in cotton prices and also to safeguard the interests of farmers, CCI procured 86 lakh bales […]

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April 9, 2015
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Raw Cotton Arrivals Touch 3cr Bales

“All India kappas (raw cotton) arrivals have touched approximately 3 crore bales and CCI cotton procurement has crossed approximately 80 lakhs bales till now,” Indian Cotton Federation (ICF) in its report said. The report said as per market reports, there may be a drop in the quantity of the Indian cotton crop below 4 crore […]

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March 25, 2015
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Apparel and Textile News Apparel Brands and Companies

RIL-Shandong Ruyi Deal Approved By CCI

Indian fair trade watchdog, Competition Commission of India (CCI) has approved the proposal of Reliance Industries to sell 49 per cent stake in a newly-formed textile firm to Chinese company, Shandong Ruyi. “The Commission is of the opinion that the proposed combination is not likely to have an adverse effect on competition in India and […]

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March 11, 2015
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Apparel and Textile News Apparel Brands and Companies

CCI Procures Less Cotton From Gujarat

Gujarat government informed that in the past four months, total 25,59,696 quintal of cotton (approx 1.5 million bales of 170 kg each) have been procured by Cotton Corporation of India (CCI). This, according to traders, is much less for the largest producer of the fibre crop. In the past four months, the state government had […]

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February 26, 2015
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Apparel and Textile News

Procurement Of Cotton By CCI Nears 5 Bn Bale-Mark

The procurement of cotton by the state run Cotton Corporation of India (CCI) has neared five billion bales of 170 kg each, during the ongoing season October 2014 to September 2015, according to a report. The CCI is actively purchasing cotton in states where the market price has fallen below the minimum support price announced […]

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January 22, 2015
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Apparel and Textile News Ministry of Textiles News

Steps To Stabilise The Cotton Price

The textile minister, Mr. Santosh Kumar Gangwar yesterday said that the textile industry is not heading towards sickness due to ups and downs in the prices of cotton in the domestic market. The prices of lint cotton during the current season have been 13% to 30% lower than the prices of cotton from corresponding period […]

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December 19, 2014
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Procurement of Raw Cotton from Farmers in Full Swing

The Cotton Corporation of India (CCI) has procured approximately 13 lakh bales by November-end at various centres in Andhra Pradesh, Maharashtra and Gujarat, Indian Cotton Federation (ICF) has said. The all India daily raw cotton arrival is currently around 2 lakh bales and CCI is going to procure Rs 12,000 crore worth raw cotton at […]

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December 10, 2014
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CCI to Open More Cotton Procuring Centres

Textile ministry has advised Cotton Corporation of India (CCI) to open additional cotton procurement centres in consultation with the state governments as and when required as envisaged under the Minimum Support Price (MSP) operation announced by the government. For the cotton season 2014-15, CCI has planned to operate more than 340 procurement centres in 92 […]

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December 5, 2014
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Apparel and Textile News

Complaint against Online Retailers

Fair trade regulator, The Competition Commission of India (CCI) has received a complaint against online retailers for indulging in alleged unfair business practices, commerce and industry minister, Nirmala Sitharaman has said in a written reply to the Lok Sabha. The information assumes significance as Flipkart’s ‘Big Billion Day’ sale on October 6, offering steep discounts […]

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December 2, 2014
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Apparel and Textile News

Rs. 12,000 crore worth of Cotton Produced by CCI

With the fall in cotton prices which is slipping below the minimum support price (MSP) of the government, the state-owned Cotton Corporation of India (CCI) will procure cotton worth Rs. 12,000 crore this season. CCI which currently has an inventory of 800,000 bales (of 170 kg each) of cotton is expected to purchase six million […]

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November 28, 2014
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Apparel and Textile News Retail News

CCI gets Complaint Against Flipkart, Other E-tailers

The Competition Commission of India (CCI) has received a complaint against online retailers including home-grown giant Flipkart for alleged unfair business practices. The complaint has been received against these online trading entities weeks after an uproar over Flipkart’s massive discount sales which had raised concerns of anti-competitive practices. Reference Link

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November 11, 2014
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Tag: CCI

CCI Should Sell Cotton By E-Auction

Raw Cotton Arrivals Touch 3cr Bales

RIL-Shandong Ruyi Deal Approved By CCI

CCI Procures Less Cotton From Gujarat

Procurement Of Cotton By CCI Nears 5 Bn Bale-Mark

Steps To Stabilise The Cotton Price

Procurement of Raw Cotton from Farmers in Full Swing

CCI to Open More Cotton Procuring Centres

Complaint against Online Retailers

Rs. 12,000 crore worth of Cotton Produced by CCI

CCI gets Complaint Against Flipkart, Other E-tailers