Cotton

India’s Cotton Production Gallops, While Pakistan’s Lags

Textile Insights May 23, 2024

Until the 1990s, India lagged behind Pakistan in cotton production. However, today, India has not only surpassed Pakistan but also topped the global ranking. Indian cotton production will be 34.7 million bales of cotton in the 2023-24 season, accounting for 25 percent of the world’s total

Cotton

Welspun Promotes Sustainable Cotton Farming With Wel-Krishi

Textile Insights May 4, 2024

Home textiles manufacturer and exporter Welspun Living Limited (WLL) has launched Wel-Krishi to encourage sustainable cotton cultivation. This will done by providing support and training to farmers to raise their income through higher productivity and lower income costs. Wel-Krishi focuses on education and sustainable practices in key cotton-growing states like Gujarat,

Cotton

Punjab’s Cotton Output Soars Despite Lower Acreage In 2023-24

Textile Insights April 29, 2024

Despite having the lowest-ever area under cotton cultivation during the 2023-24 season, Punjab has witnessed a notable increase in production of cotton compared to the previous season. Even as the area under cotton has decreased by 80,000 hectares compared to the previous year, Punjab has recorded significant gains in yield per hectare. Punjab’s cotton production […]

Cotton

Indian Cotton Exports Soar 137% Between October & March

Textile Insights April 27, 2024

India’s cotton exports during the October-March period of the 2023-24 season have soared significantly by 137 percent to 18 lakh bales as against just 7.59 lakh bales in the similar six-month period last season. This was informed by the Cotton Association of India (CAI) in its latest estimates report. India’s cotton exports for the 2022-23 […]

Cotton

India To Launch Revamped Cotton Technology Mission

Textile Insights April 26, 2024

The Union Textiles Ministry is gearing up to launch a revamped Cotton Technology Mission aimed at improving the quality and output of India’s cotton by adopting best practices. “The goal is to position India as a prime destination for textile sourcing and foreign investment,” two people aware of the matter said. “This mission is designed […]

Cotton

Indian Cotton Rates Fall At Slower Pace Versus Global Prices

Textile Insights April 15, 2024

Global cotton prices fell in the last few weeks. Correspondingly, Indian cotton prices too dipped but albeit at a slower pace. The May cotton futures contract on ICE, which touched a high of 101.80 cents per pound on February 28 had eased to 83 cents per pound in the second week of April or down […]

Cotton

“Avoid Panic Cotton Buying” – SIMA Advises Spinning Mills

Textile Insights March 2, 2024

Following a steep increase in cotton prices, particularly the Shankar-6 variety in the last two weeks, the Southern India Mills’ Association (SIMA) advised spinning mills to avoid panic buying. According to Dr SK Sundararaman, Chairman, SIMA, cotton prices have increased by 10-12 percent within 15 days and created a panic situation across the textile value […]

Cotton

CAI January Cotton Output Estimates Unchanged From December

Textile Insights February 22, 2024

In its January 2024 estimates, the Cotton Association of India (CAI) has kept its cotton production as well as consumption in the 2023-24 cotton season unchanged as against its forecast in December 2023. In its January report, CAI has projected cotton output at 294.10 lakh bales of 170 kg each and domestic consumption at 311 […]

Cotton

India Withdraws 11% Import Duty On Extra Long Staple Cotton

Textile Insights February 22, 2024

The Indian Commerce Ministry through a notification has removed import duty on imports of extra long staple (ELS) cotton, which has length exceeding 32mm. The government has however retained import duty of 11 percent on short staple cotton. Various textile mills associations were lobbying since a long time for removal of the duty on cotton […]

Cotton

High Price Bids For CCI Cotton Irks South Indian Textile Mills

Textile Insights February 19, 2024

The President of the AP Textile Mills Association Koti Rao has alleged that the price of cotton sold by the Cotton Corporation of India (CCI) went up to Rs 62,000 a candy of 356 kg each. “A few people have hiked the prices when they bid for cotton sold by the CCI. But the viable […]