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SIMA elects Ashwin Chandran as Chairman
The 60th Annual General Meeting of The Southern India Mills’ Association (SIMA) was held on September 9, 2019 at The Residency, Coimbatore.
Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
CCI to enter Punjab to procure cotton after 4 yrs
The Cotton Corporation of India Limited (CCI) has started preparations to enter Punjab after four years to procure cotton. It expects the quality of raw cotton to be reasonably good to make procurement at the minimum support price (MSP).
Textile bodies appeal for status quo on energy policies in TN
Tamil Nadu textile industry that accounts for one-third of the textile business, 47 per cent of the spinning capacity providing direct jobs to over 60 lakh people especially to rural masses and women folk and fetching Rs 60,000 crore as forex earnings, is the worst affected in the country under the current unprecedented recession due to raw material / finished goods transport cost and several other factors.
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