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Central Government grants relief to Indian Exporters

In a meeting with Textile associations, Union Finance Minister, Piyush Goyal in the presence of Union Textile Minister, Smriti Irani has made an announcement that the government will clear all the pending claims under Goods and Services Tax (GST) and Integrated Goods and Services Tax (IGST) by the end of this month. The central government […]

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June 9, 2018
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Texprocil Welcomes Revision of Duty Drawback Rates

Under a new notification released by the government of India on October 31, 2016, it has revised duty drawback rates. The drawback rates and caps have been increased for made ups, both made of pure cotton as well as cotton blended with manmade fibre. However, drawback rates and caps for various cotton yarns have been […]

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November 8, 2016
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Cotton Crop Affected In Tamil Nadu For Off-Season Rain

Unseasonal rain over the past few weeks submerged the cotton crop in vast areas in Tamil Nadu. Hundreds of farmers who had raised the crop on more than 5,700 hectares of land in Tiruvarur district this season are keeping their fingers crossed as the off-season rain has put paid to their hopes of a bumper […]

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April 30, 2015
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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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Vidarbha To Be Highlighted As Future Textile Hub

The Vidarbha region of Maharashtra would be projected as a future textile and garment hub of India at the 12th International & 70th All India Textile Conference, to be held at Dr Vasantrao Deshpande Auditorium, Civil Lines in Nagpur from January 17. The two-day conference will be held under the theme ‘Cotton, Textile & Apparel […]

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January 16, 2015
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SIMA Hails Removal of Registration of Cotton for Exports

Southern India Mills Association (SIMA) today hailed the removal of mandatory export registration of cotton and cotton yarn for exports, saying it was a first step in the right direction towards achieving the mission ‘Make in India’ set by Prime Minister, Mr. Narendra Modi. The mandatory registration has been causing hardships for the cotton and […]

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December 11, 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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India cotton supply down 19%

Cotton supplies from the new crop in India, the world’s second-largest producer of the fibre, have fallen 19 per cent so far in the current season that began on October one, Mr. B. K. Mishra, managing director of the state-run Cotton Corporation of India said. In the spot markets so far farmers have brought in […]

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November 26, 2014
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CCI to Boost Cotton Procurement

India, the world’s second-biggest cotton producer and exporter, has asked the state-run Cotton Corporation of India (CCI) to accelerate buying of raw cotton from farmers at minimum support price, textile minister, Mr. Santosh Gangwar told reporters. He said “CCI has been asked to step up its procurement operation by opening more centres wherever necessary.” The […]

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November 14, 2014
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Higher Price for Cotton Demanded

Former minister, Mr. Anil Deshmukh has demanded that the centre should pay a minimum support price (MSP) of Rs 6,500 per quintal to cotton. The present MSP is Rs 4,050 and as government is yet to start buying, the traders are offering a rate of Rs 3,800 per quintal. Mr. Deshmukh told newsmen that Democratic […]

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November 10, 2014
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Tag: Cotton Textile

Central Government grants relief to Indian Exporters

Texprocil Welcomes Revision of Duty Drawback Rates

Cotton Crop Affected In Tamil Nadu For Off-Season Rain

Procurement Of Cotton By CCI Nears 5 Bn Bale-Mark

Vidarbha To Be Highlighted As Future Textile Hub

SIMA Hails Removal of Registration of Cotton for Exports

Procurement of Raw Cotton from Farmers in Full Swing

India cotton supply down 19%

CCI to Boost Cotton Procurement

Higher Price for Cotton Demanded