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SIMA urges to remove cess on cotton
The Southern India Mills Association (SIMA) has urged Edapadi Palaniswami, the Chief minister of Tamil Nadu to remove 1 per cent Agricultural Market Committee Cess on cotton and cotton waste for the state budget of 2017-18.
Mills import cotton as prices surge
Textile mills have started to import cotton from West Africa and the US as the landed costs are on par with the prevailing market price in the country.
Samil Spinning acquires Buhler Quality Yarn
Samil Spinning, a Korean cotton spinning company, has signed an agreement to acquire Buhler Quality Yarns, an American yarn manufacturer and subsidiary of Switzerland’s 205-year-old yarn maker Hermann Buhler.
Cotton situation stable
In India, this season’s 65 per cent of cotton crop has arrived and if the price stability is maintained, it will be win-win for the cotton and textile sectors
India’s first Bt cotton developed
Punjab Agricultural University in Ludhiana has announced that it has developed country's first genetically-modified (Bt) varieties of cotton — the seeds of which could be reused by farmers, resulting in saving the repeated cost they have to bear every season.
Stable outlook for cotton textiles
India Ratings and Research (Ind-Ra) has maintained a stable outlook for cotton textiles for FY18. However, the agency has revised its cotton outlook to stable for FY18 from negative for FY17.
Cotton to end with 6-bn bale dip
According to the USDA first 2017/18 cotton projections at the Agricultural Outlook Forum, it was disclosed that there will be a 6-million-bale decline in global ending stocks.
Texaura: The new face of organic bedding
TEXAURA is a GOTS-certified 100 per cent organic cotton bedding range, which is luxurious and sustainable. Texaura is derived from two words- ‘Tex’ from Textiles and ‘Aura’, the combination of which is ‘Texaura’.
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