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Tag: Cotton Textile

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 […]

Southern India Mills Association
Apparel and Textile News

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 […]

Apparel and Textile News

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 […]

Apparel and Textile News

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 […]