The Indian rupee on monday lower 03 paise to close at 86.29 per dollar, while it opened at 86.26 in the morning.At close, the Sensex was up 442.61 points or 0.54 percent at 82,200.34, and the Nifty was up 122.30 points or 0.49 percent at 25,090.70. About 1883 shares advanced, 2101 shares declined, and 168 shares unchanged.read more :- Natural coloured cotton: Challenges of shortage of funds and low yield
Lack of funds and low yields impact revival of naturally coloured cottonIndia's naturally coloured cotton, which was once commercially successful, is struggling to regain its popularity despite growing demand for sustainable textiles. Despite high pricing and environmental benefits, low yields are deterring farmers from adopting it. Government support, improved seed systems and market linkages are critical to realising its export potential and transforming India's textile sustainability paradigm.India's naturally coloured cotton, which was commercially flourishing in the 1940s, is struggling to make a comeback despite growing global demand for sustainable textiles and decades of government research efforts.This special crop is currently grown on only 200 acres in Karnataka, Maharashtra, Tamil Nadu and Andhra Pradesh, fetching a price of Rs 240 per kg, 50 per cent higher than regular cotton at Rs 160 per kg. However, farmers are hesitant to expand cultivation due to significantly low yields."The productivity of light brown cotton is very low, at 1.5-2 quintals per acre, while the productivity of normal cotton is 6-7 quintals per acre. This discourages farmers from expanding the acreage of this crop," Ashok Kumar, principal scientist at ICAR-Central Institute for Research on Cotton Technology (CIRCOT), told PTI.The annual production from these limited acres is a mere 330 quintals, underlining the challenge faced by this special crop, which can potentially transform India's textile sustainability paradigm.ICAR-CIRCOT is currently focusing on light brown cotton.Coloured cotton has ancient roots in Indian agriculture, with cultivation dating back to 2500 BC. Before Independence, red, khaki and brown varieties of Cocanada 1 and 2 were grown commercially in Rayalaseema in Andhra Pradesh, exported to Japan. Traditional varieties were also cultivated in Assam and the Kumta region of Karnataka.However, the emphasis on high-yielding white cotton varieties during the Green Revolution marginalised coloured cotton. The inherent limitations of this crop – low boll, low weight, low fibre, short fibre length and colour variations – made it economically unviable for large-scale cultivation.Indian agricultural institutions have developed improved varieties, including DDCC-1, DDB-12, DMB-225 and DGC-78 developed by the University of Agricultural Sciences, Dharwad. The Central Institute for Cotton Research, Nagpur developed Vaidehi-95, which is considered the most prominent among the 4-5 varieties available.Between 2015-19, ICAR-CIRCOT processed 17 quintals of cotton in demonstration batches, producing 9,000 metres of cloth, over 2,000 jackets and 3,000 handkerchiefs, proving it commercially viable.Its environmental benefits are significant. Traditional cotton dyeing requires about 150 litres of water per metre of fabric, while naturally coloured cotton eliminates this requirement, which can reduce toxic waste disposal costs by up to 50 per cent."Naturally coloured cotton has immense export potential. More government support is needed to increase production and value addition," said Kumar.Despite high pricing and environmental benefits, expansion faces hurdles such as lack of seed systems, susceptibility to pests and the need for high pesticides commonly used in cotton cultivation."Nobody is able to develop varieties due to low production and lack of market. Even textile mills are not willing to buy cotton in small quantities," said Kumar.The global market is seeing potential with growing demand for eco-conscious brands, especially in Europe, the US and Japan. Australia and China are investing heavily in research using conventional breeding and genetic engineering.read more :- Gujarat: Textile industry fears threat from cotton MSP hike
Gujarat : Textile industry flags risks from cotton MSP hikeAhmedabad: The central govt recently increased the minimum support price (MSP) for kapas (raw cotton), raising rates across all categories — medium staple from rs 7,460 to rs 7,560 per quintal, medium long staple from rs 7,710 to rs 7,860, long staple from rs 8,010 to rs 8,110, and extra long staple from Rs 8,310 to Rs 9,310. While aimed at supporting farmers, the hike has sparked concern among Gujarat's textile industry, which fears that higher raw material costs will erode India's competitiveness in the global market.Industry leaders argue that enhancing cotton productivity, rather than simply raising MSP, offers a more sustainable path for increasing farmers' incomes without straining manufacturers. "India holds 37% of global cotton acreage but contributes only 23% to production," said Jayesh Patel, senior vice-president of the Spinners' Association of Gujarat. "Focusing on yield improvement is key if India wants to lead globally."Manufacturers are also seeking the removal of import duties on cotton. "Indian cotton is now the costliest globally, which directly affects our competitiveness," said Bharat Chhajer, former chairman of PDEXCIL. "At a time when global brands are considering India as an alternative to Bangladesh, expensive cotton makes us less viable."According to cotton trader Arun Dalal, the revised MSP structure incentivises farmers to supply better-quality cotton through price linkages based on moisture content. "Sowing activity picked up this season, and higher arrivals could help farmers secure better returns," he said. However, Dalal warned that sustained high cotton prices may put further pressure on spinning units and yarn manufacturers already grappling with weak demand and shrinking margins.Industry experts are urging the govt to balance farm support with safeguards for the textile sector. Removing import duties, boosting productivity, and easing logistics costs remain key demands.read more :- Rupee open Declines 11 Paise to 86.26 per Dollar
Rupee opens 11 paise down at 86.26 as dollar index trades high againThe rupee opened 11 paise down on July 21 as the dollar index traded high. The currency opened at 86.26 against the dollar after ending the previous session at 86.15.read more :- State Wise CCI Cotton Sale Details 2024-25 .
State-wise CCI Cotton Sales Details – 2024-25 SeasonThe Cotton Corporation of India (CCI) has raised per candy price by ₹700 this week. Following the price revision, CCI sold approximately 3,27,900 bales during the week, bringing the total cotton bales sales for the 2024-25 season to approximately 70,17,100 bales. This represents around 70.17% of the total cotton procured so far this season.A state-wise breakdown of sales indicates strong activity from Maharashtra, Telangana, and Gujarat, which together account for over 83.69% of the total sales to date.This data underscores CCI’s proactive efforts in stabilizing the cotton market and ensuring steady supply across key cotton-producing states.read more :- Relief from rain in Punjab, threat of caterpillar remains
Rain Brings Respite for Punjab Cotton Growers, But Pink Bollworm Remains a ConcernAfter weeks of dry weather, recent rainfall across southwest Punjab has brought much-needed relief to cotton farmers, raising hopes for a successful kharif season. The showers have not only rejuvenated cotton crops but also reduced the threat of whitefly infestations—one of the major pests affecting the region.However, agricultural experts are warning that the pink bollworm, another destructive pest, remains a looming threat. Particularly harmful to cotton crops in Punjab, the pink bollworm has caused significant economic losses in past seasons, even affecting Bt cotton—a genetically modified variety designed to resist pests.Teams from Punjab Agricultural University (PAU) and Krishi Vigyan Kendras (KVKs) are actively monitoring the situation in the fields. PAU principal entomologist Dr. Vijay Kumar confirmed that the rain has helped wash away adult whiteflies, easing immediate concerns. “Field surveys indicate that whitefly infestation is currently under control,” he said.Yet the increased humidity following the rains has created favorable conditions for pink bollworm development. Kumar noted early signs of infestation in some early-sown fields and urged farmers to stay vigilant. “The pink bollworm population is expected to rise in the next two to three weeks. Farmers must strictly follow pest management protocols,” he cautioned.According to state agriculture officials, cotton has been sown over approximately 1.2 lakh hectares this season—up from 96,000 hectares last year. Fazilka district alone accounts for nearly half of this area, reflecting renewed farmer interest in cotton cultivation.Fazilka’s chief agriculture officer, Rajinder Kumar, said the crop is in good health thanks to favorable weather and proper nutrient management. “We’re hopeful for a strong harvest, as no major pest outbreaks have been reported so far,” he said.read more:- Paramilt virus threat to cotton crop
Paramilt virus threat to cotton crop! Can cause heavy damage in 72 hours, experts warnKhargone (Madhya Pradesh): Khargone, the leading district in the country in terms of cotton production, is facing a new challenge these days. Due to intermittent rains and then sudden strong sunlight, the cotton crop is under threat of a problem called Paramilt virus. Agricultural scientists say that this disease with virus-like symptoms makes the cotton plants wilt very quickly and if not treated on time, it can destroy the entire crop within 72 hours.What is Paramilt virus?According to Dr. Rajeev Singh, a senior scientist posted at Krishi Vigyan Kendra Khargone, Paramilt virus is not actually a traditional virus, but it is a physiological disorder. This problem arises when the plants do not get enough water and nutrition, especially when the weather changes suddenly - like continuous rain followed by strong sunlight or long drought and then sudden rain.In this situation, many plants in the fields are seen wilting together, which can cause huge losses to the farmers.What are the symptoms?* The symptoms of paramilt are as follows:* Sudden wilting of leaves* Upper branches bending or drying up* The color of the plants turns yellow or brown* Some plants fall on the ground, as if they have been cutTimely treatment is very important: Golden opportunity of 72 hoursDr. Singh advises that if there are signs of these symptoms, it is mandatory to start treatment within 72 hours.For treatment:* Dissolve 10 mg cobalt chlorite + 20 grams urea in one liter of water and irrigate the roots of the plants.* This treatment reactivates the functioning of the roots of the plants, so that the plants can absorb water and nutrition.If cobalt chlorite is not available, use alternativesIf cobalt chlorite is not available in the market:* Mix 1 gram of carbendazim + 20 grams of urea in one liter of water and apply it on the rootsOR* Mix 2.5 grams of copper oxychloride + 20 grams of urea in one liter of water and spray it on the crop* Note: Treatment or spraying must be done within 72 hours to get effective results.read more:- MP invites Inditex to invest in textiles
Madhya Pradesh briefs Inditex on textile investment opportunitiesOn the second day of his Spain visit, Chief Minister Dr Mohan Yadav interacted with senior officials of the company at Inditex's headquarters in Galicia. He positioned Madhya Pradesh as a 'green, cost-competitive and accessible production hub' and invited Inditex to invest in the state's growing textile ecosystem.During the meeting, Dr Yadav emphasised Madhya Pradesh's strong credentials, including being one of India's top cotton producers with an annual production of around 18 lakh bales (3 lakh metric tonnes) and being home to over 15 textile clusters in cities such as Indore, Mandsaur, Burhanpur, Ujjain and Neemuch.He termed the upcoming PM Mitra Textile Park in Dhar district as a golden opportunity for Inditex to set up a sustainable and integrated apparel manufacturing unit. Developed under the flagship scheme of the Government of India, the park aims to attract global players through advanced infrastructure and green manufacturing capabilities.Dr Yadav also proposed collaboration in organic cotton production, especially in the Nimar and Malwa regions, which are known for their GOTS-certified farmer groups. According to a release issued by the Public Relations Department of Madhya Pradesh, he suggested developing a 'farmer-to-textile' value chain in line with Inditex's Sustainable Development Goals.Finally, he invited Inditex to act as the supply chain leader at PM MITRA Park and to partner in launching an organic cotton tracing platform and a vendor development program focused on ESG-certified MSMEs.Dr. Yadav said, "We are ready to support this partnership at every level.read more:- Andhra Pradesh: Experts worried over decline in cotton cultivation
Andhra pradesh:Experts worried over declining cotton cultivation across the countryVijayawada : Experts in cotton solvent and extractors industry are worried about declining cotton cultivation across the country in the past few years. According to the cotton industry report, the cotton crop area has declined by 9.8% in 2024-2025, down to 114.47 lakh hectares. This is expected to result in a dip in production to 307 lakh bales from 325 lakh bales the previous year. Since cottonseed comprises nearly two-thirds of the cotton weight, the production decline has a direct impact on oil and feed production, feel the industry captains.Taking the situation on a serious note, the Solvent Extractors' Association of India (SEA) & All India Cottonseed Crushers' Association (AICOSCA) have decided to explore ways to maximize the potential of cottonseed oil and its by-products to enhance India's edible oil security, livestock feed inustry, and rural economy.According to Sanjeev Asthana, president, SEA, "India produces 12 lakh tonnes of cottonseed oil annually, making it the third-largest edible oil after soybean and rapeseed. It is widely used in Gujarat for cooking due to its superior frying properties, its adoption in other regions remains limited and is mainly consumed by institutional buyers like restaurants and food processors. "We wanted to improve the awareness and encourage adoption of cotton seed oil for domestic consumption for multiple benefits," said Asthana.AICOSCA chairman Sandeep Bajoria said that cottonseed offers a wide range of valuable applications. "Cottonseed oil is one of the most popular cooking oils in kitchens. It is used as a yardstick for measuring the flavour as well as odour qualities in other edible oils. It is also one of the main ingredients in most oriental dishes. Cottonseed meal is an excellent feed meal ingredient," said Bajoria. He said that industry has started focusing on propagating the use and value of cottonseed oil, advancing processing technologies, and promoting cottonseed meal's role in dairy nutrition.SEA executive director Dr. B V Mehta highlighted that the current production of cottonseed oil is about 11.5 to 12 lakh tonnes per annum. However, he observed that its potential is about 18 lakh tonnes, which can be harnessed if the cottonseed is processed by modern scientific methods. This will also help to meet our growing requirement of edible oil and reduce the dependence on import of edible oils.Director of Sri Dhanalakshmi Cotton and Rice Mills Pvt. Ltd (Guntur), P Veera Narayan, said that they will focus on revitalizing cottonseed oil processing and usage in the country at national conclave to be held in Vijayawada on Aug 2, 3. He said that Andhra Pradesh is one of the largest producers of cotton seed and it is appropriate that they host the conference in Vijayawada. More than 300 delegates, including scientists, industry leaders, and traders, are expected to participate in this national platform, fostering collaboration and sustainable growth in the sector.read more:- CCI to sell 70% of cotton through e-bidding in 2024-25
CCI Boosts Cotton Prices, sold 70% of 2024–25 Procurement via E-BiddingThe Cotton Corporation of India (CCI) conducted online bidding for cotton bales throughout the week, with significant trading activity observed across both the Mills and Traders sessions. Over the course of five days, CCI increased its prices by a total of ₹700 per candy.As of now, CCI has sold approximately 70,17,100 cotton bales for the 2024–25 season, representing 70.17% of its total procurement for the season.Date wise weekly Sales Summary :14 July 2025:A total of 1,12,600 bales were sold from the 2024–25 season.Mills session: 45,500 balesTraders session: 67,100 bales15 July 2025:The highest daily sales of the week were recorded on this day, with 1,51,700 bales sold from the 2024–25 season.Mills session: 61,300 balesTraders session: 90,400 bales16 July 2025:Sales amounted to 35,900 bales, all from the 2024–25 season.Mills session: 18,100 balesTraders session: 17,800 bales17 July 2025:A total of 20,600 bales were sold from the 2024–25 season.Mills session: 9,100 balesTraders session: 11,500 bales18 July 2025:The week concluded with sales of 7,100 bales, including 200 bales from 2023–24 season.Mills session: 3,400 balesTraders session: 3,700 bales including 200 bales from 2023–24 season.Weekly Total:CCI achieved total sales of approximately 3,27,900 bales for the week, underscoring its strong market engagement and the growing efficiency of its digital transaction platform.read more :- Rupee fell 16 paise to close at 86.15
The Indian rupee on friday lower 16 paise to close at 86.15 per dollar, while it opened at 85.99 in the morning.At close, the Sensex was down 501.51 points or 0.61 percent at 81,757.73, and the Nifty was down 143.05 points or 0.57 percent at 24,968.40. About 1619 shares advanced, 2265 shares declined, and 153 shares unchanged.read more :- Global cotton prices mixed in July; marginal gains in China and India
Slight increase in cotton prices in China-IndiaGlobal cotton markets witnessed wide volatility last month, with marginal gains in China and India, while prices remained stable in other key markets, including Pakistan and international benchmarks, according to Cotton Incorporated.The December NY/ICE cotton futures contract, the most actively traded, hovered around the upper end of its recent range between 67 and 70 cents per pound, but failed to sustain upward momentum. The contract price is currently near 67 cents per pound, reflecting the continued volatility in global trade.The Cotlook A Index, another key international benchmark, fluctuated in a narrow range of 77 to 80 cents per pound, and came close to 78 cents per pound at the latest count, Cotton Incorporated said in its monthly economic paper - Cotton Market Fundamentals and Price Outlook, July 2025.In China, the cotton index (CC Index 3128B) continued its gradual increase. Internationally, it rose to 97 cents per pound from 92 cents per pound last month, extending a steady upward trend that began in May, when prices bottomed at around 88 cents per pound. Domestically, prices in China rose from 14,600 to 15,100 RMB/ton, while the renminbi remained stable at around 7.17 RMB/USD.Spot prices of Shankar-6 in India also rose; surpassing the May high. Prices rose to around 84 cents per pound (or ₹56,000 per candy) from 80 cents per pound (or ₹54,000 per candy) last month. The Indian rupee remained stable at around ₹86 per USD.In contrast, Pakistan's cotton market remained stable. Spot prices remained stable at around 70 cents per pound, while domestic prices hovered around 16,500 PKR per maund. Pakistani rupee also remained stable and was trading around 283 PKR per dollar.read more :- NBR withdraws advance tax on imports of cotton, man-made fibres
NBR removes advance tax on cotton-fibre importThe National Board of Revenue (NBR) has rolled back the recently imposed 2% advance income tax (AIT) on imports of cotton and man-made fibres used by Bangladesh's garment industry. This reversal comes after intense pressure from industry stakeholders.The exemption, effective immediately, applies specifically to industrial Import Registration Certificate (IRC) holders, as per a gazette issued (17 July). Commercial importers will not benefit from this change.The 2% AIT was introduced in the current budget, effective from 1 July, targeting over 150 imported raw materials, including cotton and man-made fibres. The NBR had projected collecting an additional Tk900 crore from these items in the fiscal year.However, textile mill owners swiftly demanded its withdrawal, arguing that the tax placed undue burden on an already struggling sector. They warned it could lead to the closure of spinning mills and undermine Bangladesh's export competitiveness.Bangladesh imports approximately 99% of the cotton used in its export and domestic garment production. In 2024, the country imported 83.21 lakh bales of cotton, according to the Bangladesh Textile Mills Association (BTMA). Major sources include Africa (43%), India, CIS countries, Australia, and the US, with over 7% of last year's cotton imports coming from the United States. The AIT withdrawal applies to both man-made fibres and their raw materials such as acrylic, synthetic, nylon, polyesters, and acrylic, which are primarily imported from China.Saleudh Zaman Khan, Vice President of BTMA and Managing Director of NZ Textile Mills Limited, welcomed the decision. He highlighted the severe impact the tax would have had, stating, "With 2% AIT, the effective tax rate for my factory would be 64%, though officially it's 27%." He added that Bangladesh imports around $4 billion worth of cotton and man-made fibres annually, making the industry's survival impossible if the tax had remained. "This would mean paying Tk32 crore annually just for cotton import tax. No one makes that much in a year," he explained.The argument over AITNBR officials had defended the AIT, asserting it was adjustable against final profits. NBR Chairman Abdur Rahman Khan told The Business Standard, "Even if the tax is paid upfront at the import stage, firms can later adjust it if they make enough profit." Another NBR official elaborated, "If a textile firm's tax rate is 27% and it earns 10% profit in a year, that's Tk2.7 tax on every Tk100 earned. Since we're collecting Tk2 upfront, they shouldn't face problems."However, mill owners countered that a 10% profit margin is "highly unrealistic" in the current economic climate. They also pointed out the practical difficulties in obtaining refunds or adjustments, fearing the measure would add complexity rather than ease of doing business.Showkat Aziz Russell, President of BTMA, had previously voiced concerns to The Business Standard: "The NBR says the tax can be adjusted at the end of the year, but the process is very complex. At a time when the government is trying to simplify things, there is no logic in making it more difficult." He also highlighted a discrepancy: "There is tax on cotton imports, but no tax on yarn imports. This will increase the costs for our cotton importers."NBR sources confirmed that consultations with representatives from the International Monetary Fund were held before the decision to withdraw the tax was made.read more :- INR Opens Stronger by 08 Paise at 85.99
Rupee opens 8 paise up at 85.99 as dollar index easesThe currency opened at 85.99 against the dollar after ending the previous trading session at 86.07.read more :- INR Drops 18 Paise, Closes at 86.07 per Dollar
The Indian rupee on thursday lower 18 paise to close at 86.07 per dollar, while it opened at 85.89 in the morning.At close, the Sensex was down 375.24 points or 0.45 percent at 82,259.24, and the Nifty was down 100.60 points or 0.40 percent at 25,111.45. About 1931 shares advanced, 1942 shares declined, and 152 shares unchanged.read more :- Trump gives positive signal on tariff issue
Industry optimistic as Trump hints at tariff relief for IndiaEven as US-India trade talks are heating up ahead of the August 1 deadline and a lot is at stake, US President Donald Trump on Tuesday said India is working on a trade deal on the same lines as the one he recently struck with Indonesia."India is basically working on the same lines," Trump said while speaking to reporters in Washington on Tuesday, hinting at the possibility that India could be given similar trade terms as Indonesia.According to Donald Trump, under the new deal with Jakarta, Indonesia will face a 19 per cent tariff on imports to the US, but there will be no tariff on exports from the US to Indonesia.And as news of this announcement spreads in the industry, it highlights what such a deal could mean for India's key export sectors, especially the apparel industry, which considers the United States as its key apparel export destination.“President Trump has hinted at a potential India-US trade deal on the lines of the recent Indonesia deal (where a 19 per cent tariff is applicable on exports), which could ultimately give Indian exporters a more level playing field in the lucrative US apparel market,” underlined Kishan Daga, founder of consulting services provider Concepts N Strategies, speaking to Fibre2Fashion. He also added that a tariff reduction to below 20 per cent could open “more doors” for Indian exporters, especially in the athleisure and MMF-heavy segments where India is ramping up production.Daga claimed that such a change would also support India's vision of becoming a reliable global supplier in technical textiles and functional apparel, while Sabhari Girish, chief sustainability officer, Sulochana Cotton Spinning Mills (Tirupur), on his part said: "If we have to pay a 19 per cent tariff like Indonesia, it is undoubtedly a very positive development; and it also indicates how hard we negotiated the tariff to maintain our competitiveness."Meanwhile, N Thirukkumaran, chairman of Tiruppur-based Essti Exports India Pvt Ltd, said, "India will definitely have a competitive advantage over many of its competitors. However, there will be a caveat to this—the new tariff will be in addition to the existing duties that Indian apparel exporters are already paying on shipments to the US, which may reduce the overall profit to some extent even if the new tariff rate is set at 19 per cent."However, he remained optimistic and said that India could negotiate hard to reduce tariffs below 19 per cent in the interim agreement—a move that, if successful, could be a game-changer for the industry.It is worth mentioning here that with discussions focused on expanding market access and negotiating tariff reductions on goods worth an estimated $150 billion to $200 billion in bilateral trade, it is clear that both countries see the potential to gain even more economic value. This sentiment has also been echoed in several recent media reports that India and the US aim to increase bilateral trade to $500 billion by 2030. This figure would be a significant leap and a transformational moment in their strategic and economic partnership.But this optimistic estimate hinges on the successful conclusion of an equitable and mutually beneficial trade agreement.The mini-trade deal was initiated when Trump first announced his intention to impose additional tariffs on several countries with which the US has a trade deficit. India was prominently included in this list as it has a huge export surplus compared to the US. India exports goods worth around $77 billion to the US annually while imports are only around $42 billion. Thus, this trade surplus has long been a bone of contention for the Trump administration. The Trump administration has repeatedly demanded more equitable terms of trade and better access for US goods and services to the Indian market.If one recalls, in February, Prime Minister Narendra Modi and President Trump had announced during Modi's two-day visit to the US that the 'first tranche' of a major bilateral trade deal would be announced by the autumn of 2025. This had raised hopes in both countries that years of stalled negotiations, misunderstandings and tariff disputes would finally start yielding concrete results.Now, while we await the formal signing and announcement of the deal, which will determine how much tariff India will pay on its exports to the US, there is excitement in the Indian apparel industry in anticipation of a 19 per cent tariff, which is expected to give Indian apparel exporters an edge in the crucial US market.read more:- RMG exports in Tirupur rise against national trends
Tiruppur’s RMG Exports Rise 12% in Q1 FY26, Defying National TrendTIRUPPUR: Tiruppur, widely known as India’s Knitwear Capital, recorded a strong 11.7% growth in ready-made garment (RMG) exports during the first quarter of FY2025-26, reaching ₹12,193 crore.According to official data, the city’s RMG exports grew from ₹10,919 crore in the April–June quarter of the previous fiscal (FY2024-25) to ₹12,193 crore this year, underlining its resilience and growing global demand.This performance stands out against the broader backdrop of India’s textile exports, which declined by 0.94% during the same period. However, apparel exports nationally posted an 8.91% increase, contributing to an overall 3.37% growth in combined textile and apparel exports, as per figures released by the Confederation of Indian Textile Industry (CITI).A. Sakthivel, Vice-Chairman of the Apparel Export Promotion Council (AEPC), welcomed Tiruppur’s performance, calling it a reflection of the sector’s steady recovery and robust momentum.“This is a strong indicator of consistent performance despite global economic uncertainties and fluctuating demand,” he said. “Such growth reaffirms India’s competitiveness in the global apparel market.”He added that sustained efforts in policy advocacy, market intelligence, and capacity building will further support Tiruppur’s export growth in the coming quarters.read more:- Akola is leading in cotton production in the country
Akola gets national recognition for cotton productionAkola : 577 districts across the country had nominated for this award. However, Akola is the only district in Maharashtra to win the award in the non-agricultural sector.Maharashtra has won a gold medal in 'A' category in 'One District, One Product - 2024'..while Akola's cotton products have received national recognition. Akola has received a national award for its cotton processing industry. Let's see this special news about 'white gold' from Akola...Maharashtra has done brilliantly under 'One District One Product 2024'. Under this initiative, the state has received 'A' category gold medals. Akola district has been given the National Award by the Central Government for the development of cotton processing industry. Ratnagiri, Nagpur, Amravati, Nashik and Akola districts of Maharashtra have won gold, silver, bronze and special notable awards for their special products in the agricultural and non-agricultural sectors.The awards were presented at the National Awards Ceremony at Bharat Mandapam in New Delhi in the presence of Union Minister for Commerce and Industry Piyush Goyal. Maharashtra has established its dominance at the national level with the innovation, high quality and distinctive quality of its products. Akola district has received a special notable award for ginning and processing. Akola has about 100 ginning and pressing and 4 spinning mills. Akola has received this award due to its progress and industrial development in the field of cotton production and processing. 577 districts across the country had nominated for this award. However, Akola is the only district in Maharashtra to win the award in the non-agricultural sector. The District Industry Center established a collective service center under the Maharashtra State Industrial Cluster Development Scheme at Borgaon Manju in Akola district and through this, cotton processing industries were provided capital under the Prime Minister's Employment Generation Program and the Chief Minister's Employment Generation Program. Due to this, a 'Sangha Cluster' has been formed in the Borgaon Manju area and it has 103 members. Due to this distinction received by Akola, this only industry that operates from cotton to textile manufacturing will also have export opportunities in the future. Akola district has received a special award for ginning and pressing from the Central Government, which has given national recognition to its cotton products. This will definitely benefit the farmers and local entrepreneurs here.read more:- Chouhan questions Bt cotton efficiency as India’s cotton production dips
Chouhan Questions Bt Cotton as Output FallsAgriculture Minister Shivraj Singh Chouhan on Wednesday questioned the efficacy of Bt cotton, as despite its adoption, the production of the fibre crop has declined due to a slew of issues, including the pink bollworm attack. He also asked the Indian Council of Agricultural Research (ICAR) to introspect why the country’s cotton production has dropped despite the release of several varieties.Speaking at the Foundation Day event of ICAR, Chouhan raised several concerns that farmers have been raising before him and asked officials to address those issues. His views are on the heels of his comments at a Productive Meeting on cotton in Coimbatore on July 11.At the meeting, Chouhan acknowledged the challenges in cotton production in India as India’s productivity lagged compared to other countries. The Bt cotton variety, once developed to increase yields, is now facing a threat from diseases, resulting in declining productivity, he said, adding that the country must take every possible step — just like other nations — to improve cotton productivity using modern technologies and by developing virus-resistant, high-yielding seeds.Taking strong exception to the practice of tagging other products with fertilisers, the minister asked secretary to start a helpline where farmers can directly complain and action can be taken against the retailers. Tagging of nano fertilisers with subsidised urea and DAP has become a common practice in the last few years with little action from the Fertiliser Ministry, except sending letters to States and companies to check the practice. The matter also had reached the Competition Commission.10-point agendaThe Minister asked officials to review and examine if there can be a price control on bio-stimulants, as farmers feel they are getting cheated with very high rates and a promise of a huge jump in yield, without any credible verification of the products.He asked scientists to do research on farm machineries which could be suitable for small land holdings as the country has fragmented land.Speaking at the event, ICAR’s director-general M L Jat outlined 10-point agenda for the future where it would re-orient itself.ICAR would convert vision documents, prepared by its over 100 research institutes, into action this year and also create synergy among all the institutes. Research areas will be prioritised and target oriented while making it demand-driven with state-wide action plan as outlined by the minister, said Jat.Protection, the keyFurther, he said that ICAR will have a special focus on oilseeds and pulses research, where there is a lot need to be done since the country is import dependent. He said protecting the soil is a key issue and as such ICAR will make a National Soil and Resilience Action Plan as well as one National Climate Action Plan. The ICAR will set up a Nodal Centre of Excellence in Technology and Knowledge for the better performance of Krishi Vigyan Kendras (KVKs).Jat said market and value chain research is another area which needs to be promoted because there are many issues related to it.In an innovative plan, he said, ICAR Global has been conceived as it is already working with many international fora like G20. He said ICAR has capacity and ability to make a global foray through it. He also favoured ICAR to work more closely with private companies assessing their CSR funds.On the occasion, the Minister distributed Utkrishta Karm Nishpaka Puraskar by the National Agricultural Science Research Institute to scientists for their outstanding contribution. Awards were distributed in various categories including outstanding woman scientist, young scientist, innovation scientist. The recipients include assistant directors general (ADGs) S K Pradhan and P K Dash, and Director of Ludhiana-based Indian Institute of Maize Research H S Jaat.read more :-Rupee Opens 05 Paise higher at 85.89
Indian rupee opens 05 paise higher at 85.89 against US dollarIndian rupee opened marginally higher at 85.89 per dollar on Thursday versus Wednesday's close of 85.94.read more :- Textile exports grew 3.37% to $9 billion in April-June 2025
| title | Created At | Action |
|---|---|---|
| INR drop 03 Paise, Closes at 86.29 per Dollar | 21-07-2025 15:58:40 | view |
| Natural coloured cotton: Challenges of shortage of funds and low yield | 21-07-2025 11:33:40 | view |
| Gujarat: Textile industry fears threat from cotton MSP hike | 21-07-2025 11:02:56 | view |
| Rupee open Declines 11 Paise to 86.26 per Dollar | 21-07-2025 10:21:29 | view |
| State Wise CCI Cotton Sale Details 2024-25 . | 19-07-2025 15:27:40 | view |
| Relief from rain in Punjab, threat of caterpillar remains | 19-07-2025 13:55:33 | view |
| Paramilt virus threat on cotton crop | 19-07-2025 13:23:28 | view |
| MP invites Inditex to invest in textiles | 19-07-2025 12:54:30 | view |
| Andhra Pradesh: Experts worried over decline in cotton cultivation | 19-07-2025 11:40:56 | view |
| CCI to sell 70% of cotton through e-bidding in 2024-25 | 18-07-2025 17:19:49 | view |
| Rupee fell 16 paise to close at 86.15 | 18-07-2025 15:45:43 | view |
| Global cotton prices mixed in July; marginal gains in China and India | 18-07-2025 12:05:40 | view |
| NBR withdraws advance tax on imports of cotton, man-made fibres | 18-07-2025 11:15:18 | view |
| INR Opens Stronger by 08 Paise at 85.99 | 18-07-2025 10:17:41 | view |
| INR Drops 18 Paise, Closes at 86.07 per Dollar | 17-07-2025 15:47:25 | view |
| Trump gives positive signal on tariff issue | 17-07-2025 13:04:15 | view |
| RMG exports in Tirupur rise against national trends | 17-07-2025 12:31:08 | view |
| Akola is leading in cotton production in the country | 17-07-2025 12:00:06 | view |
| Chouhan questions Bt cotton efficiency as India’s cotton production dips | 17-07-2025 10:55:28 | view |
| Rupee Opens 05 Paise higher at 85.89 | 17-07-2025 10:25:55 | view |
