Browsing: cotton

As the cotton season (October 2015 to September 2016) comes to an end and cotton prices have shot up to nearly Rs 50,000 a candy, textile industry associations from different parts of the country met the Union Textile Minister Smriti Irani in New Delhi.

Despite India being cotton surplus, the industry is still struggling, opines Sanjay Jain, NITMA President & Deputy Chairman, NITRA. Cotton-based textiles has been the main stay of Indian textiles over decades. India is one of the few nations where textiles is still skewed in favour of cotton (60 per cent) as against the world where man made has a 60 per cent share while cotton is sub 40 per cent. One of the major reasons for this is our large cotton crop grown across 10 states.

COTTON USA promoted US cotton and offered sourcing support to the fashion industry supply chain at its exhibit at Texworld in Paris from February 6-9, 2017. COTTON USA provided visitors with comprehensive background information on responsibly-produced US cotton, global cotton market developments, the findings of current market and consumer studies, and its ongoing licensing, marketing and sourcing programmes.

For the cotton season 2015-16, the Cotton Advisory Board (CAB) has revised the cotton production estimate. It now stands at 338 lakh bales as against its earlier estimates of 352 lakh bales.