Vagmi Cottons Limited will immediately invest $7 million this year to build a factory that would process 8,000 metric tonnes of cotton lint in the year 2019.
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Vagmi Cottons Limited will immediately invest $7 million this year to build a factory that would process 8,000 metric tonnes of cotton lint in the year 2019.
Rising cotton prices are set to hit profit margins of textile and apparel players due to their inability to pass on the high production cost on to consumers as seasonal demand is weak.
Globally, supply-demand issue, quality and contamination aspects, trade, logistics and political disturbances in key cotton using countries impact the production and trade of white gold, says Ramkumar.
The Centre has marginally lowered the maximum sale price of Bt cotton seeds (BG-II) for a 450-gram packet to Rs 730 for the 2019-20 season.
The present status and future prospects of cotton, the king of fibres, were put under microscope, dissected and analysed at a global meet on cotton,etc.
The Punjab Agricultural University (PAU), Ludhiana has signed an MoU with Japan’s Nippon Steel and Sumikin Bussan (NSSB) Corporation for developing coloured cotton through biotechnological means.