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SIMA requests withdrawal of import duty on cotton
According to the Southern India Mills’ Association (SIMA), the import duty on raw cotton would erode the competitiveness India’s value-added segments that has a business size of around Rs 50,000 crores in exports and Rs 25,000 crores in the domestic market.
SIMA CD & RA to focus on ELS & organic cotton
The Central Government plans to increase production of high quality Extra Long Staple (ELS) cotton, organic cotton and naturally coloured cotton under “AtmaNirbhar Bharat Abhiyan” and involving SIMA CD & RA in all activities and policy matters.
CCI to boost cotton exports to Bangladesh, Vietnam
The Cotton Corporation of India (CCI), which is holding surplus stocks of cotton just ahead of the next harvest season, is trying to boost exports of the fibre crop. A memorandum of understanding is being worked out to export 1.5-2 million bales (of 170 kilograms each) of cotton to Bangladesh while the state-run CCI will also set up its own warehouse in Vietnam to boost cotton exports.
Acreage under Bt cotton goes up
The Cotton Advisory Board CAB has estimated cotton production for this season (October 2017 to September 2018) to be 370 lakh bales.
India’s cotton yarn exports fall
According to data compiled by the Cotton Textiles Export Promotion Council (TEXPROCIL), Indian cotton yarn exports witnessed a fall of 9.79 per cent in the first four months of fiscal 2017-18. Exporters cite slow pick up by China and Bangladesh, the two big target markets comprising around half of the cotton yarn shipments from India, for the decline.
Dyeing textiles without effluent
At present about 24,000 cubic meters of wastewater are treated with membrane elements and ion exchangers from LANXESS in the Tiruppur region in Tamil Nadu. Clean water is essential for human life.
Thulasidharan to continue as President of ICF
J Thulasidharan, Managing Director of Coimbatore-based The Rajaratna Group of Mills, will continue as president of Indian Cotton Federation, formerly known as South India Cotton Association, for 2017-18.
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