The Cotton Association of India (CAI) has released its first estimate of the cotton crop for the season 2019-20 beginning from October 1, 2019.
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Talks of bad times are spreading fast, sometime even on a global scale. No country is spared. But time and again global economy has come out of the blues, and some countries’ fortunes have even brightened up. Why not India’s, this time? One of the opportunities for the textile industry is the technical textiles.
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.
Indian textiles and clothing industry, the second largest employment provider (around 11 crore people) next only to agriculture was the second largest exporter in the world during 2017, now it has slipped to 5th position due to global recession especially in the aftermath of US-China trade war and the tariff concessions extended for the competing Nations like Vietnam, Bangladesh, Pakistan, etc.
Birla Cellulose, one of the global leaders in man-made cellulose fibre (MMCF), has achieved a breakthrough in manufacturing viscose fibre using pre-consumer cotton fabric waste
Consistencies in quality and contamination free cotton are much sought after by global cotton mills. Free of plastic contamination, objective quality evaluation and consistency are the characteristics, which provide premium for cotton according to global experts who are touring the United States of America as part of Cotton Council International sponsored programme.
In the recent times cotton prices in the entire major cotton-producing countries have been falling posing problems to the farm community. More than that, the production estimates have also been steadily declining, causing worries to the cotton community.