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No cotton/yarn shortage, clarifies Centre
In order to ensure availability of cotton for domestic mills, the Indian Government had directed Cotton Corporation of India Ltd to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to spinning mills in the micro small medium enterprise (MSME) category to contain fluctuation in cotton prices.
Mali eyeing cotton export to India
Mali, which produces eight lakh tonnes of cotton a year, is looking at direct exports of cotton to the Indian textile industry.
Telangana urges Centre to open 150 CCI centres
In view of the area under cotton increasing two-fold this year, the Telangana Government has urged the Centre to open 150 business centres of Cotton Corporation of India (CCI) to enable farmers sell their produce.
Farmers switch to cotton from soya
Encouraged by showers under monsoons, the farmers in the Kamareddy district in Telengana in India have pinned hopes on cotton crop with soya cultivated last year leaving them high and dry.
Bangla’s cotton import to touch 7.1 mn bales
Bangladesh's cotton import is expected to touch 7.1 million bales in 2017-18, further consolidating its position as the world's largest importer of the fibre, according to the United States Department of Agriculture.
No NOC for cotton seed firms!
Cotton seed companies will no longer require a no-objection certificate (NoC) from licence providers for developing new varieties based on the latter’s technology.
Bremen meet focuses on cotton quality
The eight-day training programme—Cotton Classing & Testing—that took place in Bremen, Germany from May 9-16, was delivered by industry experts from ICA Bremen, and the Bremen Fibre Institute (FIBRE).
Arvind FY17 net profit falls
Textile major Arvind Ltd has reported a 41 per cent decline in net profit for the year ended March from a year ago on the back of demonetisation and increase in cotton prices.
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