Cotton and Textile Market News

CCI Promotes India-U.S. Textile Trade Partnerships

A Cotton Council International (CCI)-led media roundtable today promoted strategic India-U.S. textile trade partnerships and highlighted U.S. cotton as the preferred choice of imported cotton for Indian spinners. Tomorrow, June 19, a three-part “COTTON    ....... Read More

June 23, 2024 227 Likes

Centre plans to bring t-shirts, innerwear under PLI scheme for textiles

The Centre may bring more product lines, such as t-shirts and innerwear, under the coverage of nearly ₹11,000-crore production linked incentive (PLI) scheme for the textile sector, according to two people close to the development.

The governm   ....... Read More

June 23, 2024 152 Likes

Burhanpur Textile: बदलाव की कहानियां; उद्यम और नवाचार के जरिए बदलाव के दौर से गुजर रहा बुरहानपुर

संदीप परोहा, नईदुनिया. बुरहानपुर : उद्योग और रोजगार के साधन के तौर पर भले ही महाराष्ट्र की सीमा पर    ....... Read More

June 23, 2024 211 Likes

Cotton: कपास किसानों के लिए खुशखबरी, आने वाले दिनों में भाव में दिखेगी तेजी

देश के कपास किसानों के लिए खुशखबरी है. एक रिपोर्ट में कहा गया है कि देश से कपास का निर्यात इस साल बढ   ....... Read More

June 20, 2024 275 Likes

Indian cotton exports up 67 per cent due to late demand in Bangladesh

Rising demand from Bangladeshi mills is expected to increase India’s cotton exports by more than two-thirds during the 2023–24 season, which ends in September.

According to reports, the Cotton Association of India (CAI) anticipates shipment   ....... Read More

June 20, 2024 343 Likes

US cotton pushes for lower duty in India

The US cotton industry is advocating for the removal of an 11% import duty imposed by India on short staple cotton. This move aims to make US cotton more competitive for Indian textile producers.

While India recently removed a similar duty on s   ....... Read More

June 20, 2024 297 Likes

Cabinet approves MSP for 14 kharif crops, cotton MSP hiked by Rs 501, paddy MSP up by Rs 117

The Union Cabinet on Wednesday approved the Minimum Support Prices of 14 kharif crops, including Paddy, Ragi, Bajra, Jowar, Maize and Cotton. Union Minister Ashwini Vaishnaw noted that The Cabinet okayed at least 50% more MSP compared to the cost for 14 c   ....... Read More

June 20, 2024 568 Likes

Tamil Nadu textile industry demands raw materials at competitive prices

The availability of raw materials at cheap costs has been desired by Tamil Nadu’s textile and garment sector, which employs close to 60 lakh people.

“Raw material, labour, and power are the three major costs for textile units,” said S.K.    ....... Read More

June 20, 2024 178 Likes

SIMA’s Texfair 2024 To Showcase Textile Innovations In Coimbatore From 21 To 24 June

Coimbatore, Jun 19 (KNN) The Southern India Mills' Association (SIMA) is gearing up to host the 14th edition of Texfair, a prominent textile machinery trade fair, from June 21 to 24 in Coimbatore.

The event is expected to draw substantial parti   ....... Read More

June 20, 2024 291 Likes

Welspun Global appoints Pradnya Popade as head of marketing for home textile and flooring categories

In her latest LinkedIn post, Pradnya Popade announced the news that she has joined Welspun Global Brands, under the Welspun Spaces division as the head of marketing for home textile and flooring categories. This marks a strategic shift in Welspun’s grow   ....... Read More

June 20, 2024 259 Likes

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