Ashwin Chandran of SIMA thanked Smriti Irani for the intervention, enabling CCI to offer volume based bulk discounts for its 2018-19 cotton and protecting the interests of MSME spinning mills by offering the discounts from 500 bales and restricting the same at 10,000 bales.
Browsing: cotton mills
The Cotton Council International (CCI), the National Cotton Council’s (NCC) export promotion arm, recently hosted technical seminars in India to discuss manufacturing process improvements with mills using US cotton.
Consistency in quality and contamination free cotton is much sought after by global cotton mills.
T-MOVE is an innovative approach to can changing. Here, the cans are stationary during can change and the coiler shifts from the filled can to the empty can instead.
The Southern India Mills Association (SIMA) has elected P Nataraj, Managing Director, K P R Mill Limited, Coimbatore as the Chairman for the year 2017-18. He was unanimously elected as the chairman in the 58th AGM.
In order to ensure availability of cotton for domestic mills, the Indian Government had directed Cotton Corporation of India Ltd to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to spinning mills in the micro small medium enterprise (MSME) category to contain fluctuation in cotton prices.
Textile mills have started to import cotton from West Africa and the US as the landed costs are on par with the prevailing market price in the country.