Search Results: cotton (4177)

The Committee on Cotton Production and Consumption expects the current year’s production to be 36 million bales, lower than last year’s estimate of 365 lakh bales. This dip is owing to the spread and impact of COVID-19.

Yarn from Coimbatore and Dindigul mills have slowly become more expensive and this is bringing down the profit margins of small and large textile businesses in Karur and is adversely affecting the textile export industry.

Though India has become the largest producer of cotton in the world, the country faces acute shortage of Extra Long Staple (ELS) cotton as the BT technology that was introduced during 2003, provided the technology only for long staple cotton.

The industry has been pleading the government to remove anti-dumping duty of USD 0.103 to 0. 512 per kg imposed on the VSF during the last several years, which is under active consideration