Browsing: Cotton Association of India

A two-member delegation from International Cotton Association Ltd (ICA), Liverpool consisting of its President, Salman Ispahani and Managing Director, Bill Kingdon visited the Cotton Association of India (CAI) on February 27, 2018 and met the CAI team led by its President, Atul S Ganatra.

India expected to produce about 37.5 million bales (170 kg each) of cotton amidst the pink bollworm infestation situation in major cotton growing regions.

The Cotton Corporation of India (CCI) has procured about 5 lakh bales this season of which 4 lakh bales have been procured at minimum support price (MSP) and the remaining 1 lakh bales as part of its commercial operations, senior officials at the CCI said.

The issue of Reverse Charge Mechanism (RCM) under GST is worrying the cotton industry, especially the ginners in India. Hence, the Cotton Association of India (CAI) convened a joint meeting of the Presidents and Secretaries of upcountry associations of all cotton growing States in Mumbai

Cotton market will show signs of pressure, for at least a short timeframe. Looks like, there is going to be lot of cotton world over. Addressing the 95th Annual General Meeting of Mumbai-based Cotton Association of India, Nayan Mirani stated recently, “cotton prices are likely to witness a depressing trend.”

The cotton sector in India has clocked an envious growth and it has carved a niche for itself in the international market. India has the largest acreage under cotton, which is about 1/3rd of the world’s total cotton acreage.

Nayan C Mirani of Khimji Visram & Sons, has been elected the President of Cotton Association of India (CAI) for the year 2016-17 at the meeting of the Board of Directors of CAI.