Browsing: cotton

In 1996, the embroidery company Brands Polska sp. z.o.o. in the village of Somonino, near Gdansk in Poland was founded and continuously expanded with new finishing techniques. In 2002, Brands Fashion GmbH was founded as a textile trade and service company in the town of Buchholz in Lower Saxony, Germany with an extensive network of suppliers in Europe, Bangladesh, China, India, Indonesia and Pakistan.

The Cotton Association of India fears that India may be piling up huge inventory of cotton just like China, if the Cotton Corporation of India (CCI) does not take measures to offload its stock swiftly. Maintaining the cotton output at the last estimated level of 38.27 million bales (a bale is 170 kg), Dhiren N Sheth, President, CAI, says the Corporation had procured about 8.7 million bales from farmers as part of the Government’s minimum support price commitment.

Some States have upped their ante in textiles, declaring it a ´sunrise industry´ and by improving infrastructure and policies, they promise to lend a helping hand to the Indian Government´s efforts to carve out a bigger slice in global textile trade. Joseph S and Karthik M recount the story with details.

In Maharashtra, after the declaration of State Textile Policy, a total of 769 projects with investment of Rs 6,690 crore have been established. The investment have come predominantly into the developed textile machinery of spinning and weaving sector.

Subhash Desai, a leader of Shiv Sena, took charge as the Cabinet Minister of Industries after the Shiv Sena-BJP alliance grabbed the power in Maharashtra on December 5, 2014. He is a member of Maharashtra Legislative Council elected from Mumbai.

Some States have upped their ante in textiles, declaring it a ´sunrise industry´ and by improving infrastructure and policies, they promise to lend a helping hand to the Indian Government´s efforts to carve out a bigger slice in global textile trade. Joseph S and Karthik M recount the story with details.