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.
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Vietnam’s textile and apparel export turnover in 2020 is expected to reduce by a fifth compared to 2019 figures, according to the Vietnam National Textile and Garment Group (Vinatex), which feels the demand will recover from the third quarter.
Mangesh Chaudhari, VP – Sales & Marketing of Peass Industrial Engineers, speaks what the government can do further to ease the pain of textile Machinery manufacturing companies.
Mangesh Chaudhari, VP – Sales & Marketing of Peass Industrial Engineers, speaks what the government can do further to ease the pain of textile Machinery manufacturing companies.
Mangesh Chaudhari, VP – Sales & Marketing of Peass Industrial Engineers, speaks what the government can do further to ease the pain of textile Machinery manufacturing companies.
Mangesh Chaudhari, VP – Sales & Marketing of Peass Industrial Engineers, speaks what the government can do further to ease the pain of textile Machinery manufacturing companies.
Pakistan’s textile exports had dipped by 4.46 percent in March amid global slowdown due to the coronavirus pandemic.