Tamil Nadu Unveils Integrated Textile Policy 2025-26; 1,943 crore was allocated for the handloom and textile industry in the interim budgetCoimbatore (Tamil Nadu) [India]: The Tamil Nadu government is implementing a series of strategic policy initiatives and targeted benefits to enhance the global competitiveness of the state's textile industry, which accounts for one-third of India's total textile business.Recognized as a key driver of economic growth, the textile sector is poised to play a key role in realizing Tamil Nadu's vision of achieving a US$ 1 trillion economy by 2031.According to the release, Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin unveiled the Tamil Nadu Integrated Textile Policy 2025-26 at the inaugural function of International Textile Summit 360, the first two-day event organized by the government in Coimbatore on January 29.In the interim budget announced by Finance Minister Thangam Thenarasu today, Rs 1,943 crore has been specifically allocated for the handloom and textile industry, besides an equal amount for MSMEs and Rs 4,282 crore for industries, which will also benefit the textile industry.Durai Palanisamy, president of The Southern India Mills Association, has said that adequate funds have been allocated to set up handloom parks, modernize powerlooms, set up shuttleless looms and attract new investment in technical textile processing and apparel.He also welcomed the proposal to issue a 'New Integrated Renewable Energy Policy' with a budget allocation of Rs 18,091 crore to increase renewable energy capacity in the state. (ANI)read more :- CMD Atul Ganatra: Hedging is necessary in business
Shri Atul Ganatra, CMD of Radha Lakshmi Group, said – Every businessman should do hedging.Chairman and Managing Director (CMD) of Radha Lakshmi Group, in a special conversation with Zee Business, said that every businessman must use hedging.He said that NCDEX's "Cotton" and "Omace" contracts are very useful for farmers and ginners. Earlier, there was a cotton platform on MCX in India, where traders could do hedging. But now there is no liquidity in MCX contracts, due to which the business there has come to a standstill. In such a situation, the cotton contract of NCDEX is proving to be very important and profitable for the cotton traders.CMD said that this year most of the ginners have stored a large stock of cotton seeds. The crop is expected to be larger this time than in previous years — while 312 lakh bales were produced last year, this year's production is estimated at 317 lakh bales. Due to increase in crop, the price of seeds has declined. In such a situation, it is the right time for farmers to hedge their stocks to keep them safe. Both cotton and cake contracts of NCDEX can prove to be very useful for this purpose.He further said that according to the recent statement given by Union Minister Piyush Goyal, India has also received the same offer for the trade deal which Bangladesh has received. If this agreement materializes, cotton imported from America may become duty-free. Currently, India has imported about 35–40 lakh bales of cotton by January 2026, and if this deal is implemented, an additional import of 10–15 lakh bales is possible. This may increase pressure on the domestic cotton market, but it will not have a major impact on farmers as CCI (Cotton Corporation of India) has already purchased about 95–97 lakh bales of cotton at MSP ₹8100 per quintal.Therefore, it can be said that this trade deal will prove to be very positive for the entire textile industry.He further said that ginners have made adequate stock of both cotton seeds and cotton bales this time. During the January surge, all ginning factories had increased stocks — currently ginners have stocks of about 35-40 lakh bales and CCI has stocks of 95 lakh bales. Cotton prices have fallen by about 10% in the last 15 days. In such a situation, NCDEX platform is very useful for ginners, because there is sufficient liquidity available in cotton cake.CMD suggested “If a ginner has 200 trucks of cotton seed stock, he can hedge by selling 50–100 lots. This will keep his stock safe. This is an excellent platform for hedging and every ginner should use it to stay safe from risk.”read more :- The rupee opened 02 paise higher at 90.65.
The rupee opened 02 paise higher against the dollar at 90.65.Indian rupee opened marginally higher at 90.65 per dollar on Wednesday versus Tuesday's close of 90.67.read more :- US-India deal will impact Bangladesh garment industry
India’s Zero-Tariff Deal with US Jolts Bangladesh Garment IndustryIndia’s latest trade move has sent shockwaves through Bangladesh’s garment sector, raising concerns about losing its long-held competitive edge in the US market.Union Commerce Minister Piyush Goyal announced that India could soon secure a zero per cent tariff deal on textile exports to the United States, similar to the benefits currently enjoyed by Bangladesh. Under the proposed trade pact, Indian-made garments using American cotton will get duty-free access to the US market.The development has rattled Bangladesh’s exporters, who fear the move could erode their price advantage.“Bangladesh may lose its competitiveness to some extent in the US markets if similar trade benefits are extended to Indian exporters,” said Anwar-ul-Alam Chowdhury, former president of the Bangladesh Garment Manufacturers and Exporters Association, in an interview with The Daily Star.He noted that India’s lower production costs, smoother customs procedures, and strong government support give it a favourable position. “India is in an advantageous position in terms of cost of production, equal US customs treatment, and export facilities offered by the Indian government,” Chowdhury added.Despite the concerns, Bangladeshi industry leaders hope that India’s status as a cotton exporter—unlike Bangladesh, which relies heavily on imports—might balance the scales.India, the world’s second-largest exporter of raw cotton, shipped over US$6.4 billion worth of cotton in FY 2024–25, primarily to Bangladesh, China, and Vietnam. It also imported around 4.13 million bales of US cotton during the same period.However, Showkat Aziz Russell, president of the Bangladesh Textile Mills Association, said the tariff concessions by the Donald Trump administration might only apply to cotton importers.“India imposes a 12 per cent duty on cotton imports, while Bangladesh has zero duty. So, Bangladesh can still enjoy some advantages as a major importer of cotton,” he told The Daily Star.Still, experts warn that Bangladesh’s dependence on imported raw materials keeps its production costs higher than India’s. Meanwhile, India continues to strengthen its foothold in the global textile supply chain. Industry data shows that 77 per cent of US fashion brands and retailers sourced materials from India in 2025 — a trend expected to continue through 2027.read more :-
On Tuesday, the Indian rupee closed at 90.67 against the dollar, the same level at which it had opened in the morning.At close, the Sensex was up 173.81 points or 0.21 percent at 83,450.96, and the Nifty was up 42.65 points or 0.17 percent at 25,725.40. About 2297 shares advanced, 1730 shares declined, and 142 shares unchanged.read more :- CCI purchased 1.15 lakh quintals of cotton in Manawar Mandi, last date is 27th February
Last date of cotton purchase is 27 February: CCI purchased 1.15 lakh quintals of cotton in Manawar Mandi, 23 thousand bales were made.The Cotton Corporation of India (CCI)'s cotton procurement in the market located at Manawar Semalda Marg has now reached its last phase. The market administration has made it clear that the purchase of cotton from registered farmers will be completely stopped on February 27.There was huge arrival of cotton in Manawar Mandi in the last three months of this season. CCI has purchased a record 1 lakh 15 thousand quintals of cotton, from which about 23 thousand cotton bales have been prepared. Farmers say that due to the CCI policies of the Central Government and procurement at support price, they have got the right price for their crops and have become financially strong.Market revenue increasedMarket Secretary Bhagat Singh Dawar said that due to continuous purchase of CCI, a good increase in the revenue (earnings) of the market has also been recorded. However, according to the letter received from CCI, purchases will not be made after February 27. For this, the dates of 16th and 20th February are considered important for the arrival of cotton.Farmers' inclination towards private marketsAccording to Manawar Ginning Manager Pawan Kushwaha, cotton is expected to arrive in the market only by the end of February. He also told one special thing that these days the prices of cotton have increased in private ginning factories. Because of this, farmers are now showing more interest in selling their goods to private traders instead of CCI.read more :- Textile exports decreased by 3.75% in January, relief from US deal
India's textile and apparel exports down by 3.75% in January, outlook improves now with India US interim dealNew Delhi: India's textile and apparel exports registered a decline in January compared with the same period last year, largely due to high tariffs imposed by the United States that remained in force till February 7.The tariffs impacted export competitiveness and led to lower shipments during the month.According to the data shared by Confederation of Indian Textile Industry (CITI), textile exports in January have declined by -3.68 per cent, while apparel exports are down by -3.84 per cent in January 2026 compared with January 2025.Overall, combined exports of textiles and apparel stood at 3,275.44 million US dollars in January 2026, down from 3,403.19 million US dollars in January 2025, registering a degrowth of -3.75 per cent.The decline was mainly seen across key textile segments. Exports of cotton yarn, fabrics, made-ups, and handloom products fell by -4.15 per cent to 995.58 million US dollars in January 2026 from 1,038.69 million US dollars in January 2025.Carpet exports also declined sharply by -12.05 per cent to 118.99 million US dollars, while exports of jute manufactured products, including floor coverings, dropped significantly by -18.92 per cent during the same period. Handicrafts, excluding handmade carpets, also saw a decline of -2.70 per cent.However, exports of man-made yarn, fabrics, and made-ups showed some resilience and recorded a slight growth of 1.01 per cent, rising to 430.29 million US dollars in January 2026 compared with 425.97 million US dollars in January 2025.The data further revealed that during the period from April 2025 to January 2026, textile exports registered a degrowth of -2.35 per cent, while apparel exports recorded a growth of 1.59 per cent compared with the same period of the previous financial year.Despite this growth in apparel exports, cumulative textile and apparel exports during April 2025 to January 2026 registered a marginal decline of -0.65 per cent compared with April 2024 to January 2025.The share of textile and apparel exports in India's total exports also declined. The sector accounted for 8.96 per cent of total exports in January 2026, compared with 9.37 per cent in January 2025.For the April 2025 to January 2026 period, the share stood at 8.13 per cent, lower than 8.36 per cent in the same period of the previous year.On the import side, imports of cotton raw and waste increased significantly by 12.33 per cent in January 2026 and rose sharply by 72.36 per cent during the April 2025 to January 2026 period. This increase suggests higher domestic demand for raw materials or supply adjustments within the textile industry.Now the outlook is expected to improve going forward following the United States' reduction of tariffs on February 7. The tariff reduction is likely to improve India's export competitiveness and support recovery in textile and apparel shipments in the coming months.read more :- The rupee opened 02 paise lower at 90.67/USD.
The rupee opened 02 paise lower at 90.67 per dollar.Indian rupee opened flat at 90.67 per dollar on Tuesday versus previous close of 90.65.read more :- America's deal: expansion of economic interests
US trade agreement: the strategy behind the termsThe new reciprocal trade agreement signed between Dhaka and Washington on February 9 was initially considered a major diplomatic success. But now there is growing confusion and concern over the “cotton segment” in Bangladesh’s $47 billion apparel industry. This provision states that reciprocal tariff exemption will be available only if the apparel is made from American cotton or man-made fibers.Under the agreement, a 19 percent reciprocal tariff has been imposed on Bangladeshi apparel in addition to the already applicable MFN duty of about 16.5 percent. In case of no relief, the total fee reaches 35.5 percent. The government says that the 19 percent tariff on clothes made from American raw materials will be removed, but the industry argues that the basic duty will still be applicable.BGMEA President Mahmood Hasan Khan clarified that the pre-agreement fees will not be waived. He says that even after getting concession, exporters will have to pay 16.5 percent duty, due to which the cost will remain high. Also, the agreement sets a “specified quantity” limit, which will depend on the amount of raw materials imported from the US.Analysts and think-tank experts believe that the language of the agreement is vague and many technical aspects are not clear. If competing countries like India also get similar benefits, Bangladesh's competitive edge may weaken. In such a situation, it is necessary for the government to clarify the terms of the agreement, otherwise this much talked about deal may fail to provide the expected security.read more :- The rupee closed 05 paise lower against the dollar at 90.65.
On Monday, the Indian rupee closed at 90.65 against the dollar, compared to its opening rate of 90.60.At close, the Sensex was up 650.39 points or 0.79 percent at 83,277.15, and the Nifty was up 211.65 points or 0.83 percent at 25,682.75. About 1676 shares advanced, 2443 shares declined, and 181 shares unchanged.read more :- Textile industry will be strengthened with the cooperation of OUTR
OUTR signs pact to boost state’s handloom & textiles sectorBhubaneswar: Odisha University of Technology and Research (OUTR) has signed a memorandum of understanding (MoU) with the state directorate of textiles to collaborate on research, technology transfer, capacity building and innovation in the handloom and textiles sector.The three-year agreement was signed at the inauguration of the ‘Grand Toshali Swadeshi Mela’ on Saturday evening, in the presence of deputy chief minister KV Singh Deo.OUTR vice-chancellor Bibhuti Bhusan Biswal said, “The MoU focuses on technology upgradation, improving product quality and training programmes for weavers and other stakeholders. It includes setting up quality testing and standardisation facilities, supporting market linkages, developing sustainable and eco-friendly processes and materials, and documenting traditional textile knowledge and practices.”“The collaboration will cover joint research projects in loom technology, dyeing and quality control. Student internships, field projects and final-year projects will be facilitated with weaver clusters and production centres,” he added.Other areas include the development of tools, devices and processes to improve productivity, reduce drudgery and enhance product quality, design interventions combining traditional motifs with contemporary aesthetics, and capacity-building initiatives through workshops, seminars and skill development programmes, official sources said.The agreement provides for documentation of traditional knowledge, preparation of technical literature and case studies, consultancy and advisory services, and resource sharing of infrastructure, laboratories and expertise.read more :- Shivraj Singh Chouhan launches new cotton harvesting machine in MP
MP News: Union Minister Shivraj Singh Chouhan launches cotton harvesting machineBhopal (Madhya Pradesh): Union Agriculture Minister and former Madhya Pradesh Chief Minister Shivraj Singh Chouhan dedicated a cotton harvesting machine to farmers at ICAR - Central Institute of Agricultural Engineering (CIAE) in Bhopal, on the occasion of Mahashivratri.The minister said that until now, cotton picking had to be done manually, which required more time, labour and higher costs. Farmers had long demanded a machine to make cotton harvesting easier and this demand has now been fulfilled.He personally observed the cotton harvesting process using the machine. He said the new technology would save time, reduce costs and make cotton farming more profitable.The minister also stated that efforts are underway to develop new disease-resistant cotton varieties with higher yield. Work is also being done to increase the number of plants per acre to help boost farmers’ income.read more :- Rupee opened 04 paise stronger at 90.60 per dollar
Rupee opens 04 paise up at 90.60/USD Indian rupee opened with marginal gains at 90.60 per dollar on Monday against Friday's close of 90.64.read more :- CCI Cotton Sales Details 2025-26
State-wise CCI Cotton Sales Details – 2025-26 SeasonThe Cotton Corporation of India (CCI) reduced its cotton prices by ₹1,400 - ₹1,700 per candy this week for the 2025-26 season. So far, approximately 3,90,600 cotton bales have been sold by CCI during the 2025-26 season. Sales are highly concentrated in a few major cotton-producing states, Maharashtra and Gujarat emerging as the leading contributors.
CCI Decrease Cotton Prices by ₹1,400 to ₹1,700 per Candy; Weekly Auction Sales Near 28,700 BalesThe Cotton Corporation of India (CCI) reduced its cotton prices by ₹1,400 to ₹1,700 per candy during the week ending February 13, 2026. Despite the price cut, the agency continued its regular e-auctions from February 9 to February 13 across multiple centers, recording total weekly sales of around 28,700 bales from the ongoing 2025–26 season, with participation from both mills and traders.Daily Sales Report February 9, 2026: The week began with robust demand, with 23,300 bales sold from 2025-26 season. Mills dominated purchases with 18,900 bales, while traders bought 4,400 bales.February 10, 2026: Sales declined sharply to 3,900 bales, including 2,100 bales bought by mills and 1,800 bales by traders all from current season.February 11, 2026: Sales further dropped to 1,500 bales for season 2025-26, with mills purchasing 1,000 bales and traders accounting for 500 bales.February 12–13, 2026: No sales were recorded in CCI’s online auctions for either the 2025–26 or 2024–25 seasons, indicating weak demand toward the end of the week.Cumulative sales :Following the latest auctions, CCI’s total sales reached:3,90,600 bales for the 2025–26 season, and98,82,400 bales for the 2024–25 season.
Centre Government Strengthens Cotton Supply Chain through MSP & E-AuctionsNew Delhi: The government facilitates the availability of cotton to the domestic textile and spinning industries through the release of stocks procured by the Cotton Corporation of India (CCI) under Minimum Support Price (MSP) operations, said Minister of State for Textiles, Pabitra Margherita in written reply to a question in the Rajya Sabha.These stocks are sold through a transparent online e-auction system to enable competitive price discovery. MSP for cotton is declared annually to safeguard farmers’ interests when market prices fall below the support level and to ensure sustained cotton production.To enhance cotton productivity, quality and farmer incomes, several policy and programmatic interventions have been undertaken, the Minister said. A five-year Mission for Cotton Productivity was announced in the Union Budget 2025–26, with the Department of Agricultural Research & Education as the nodal department and the Ministry of Textiles as a partner. The mission focuses on strengthening cotton production through research and extension, including the development of climate-resilient, pest-resistant and high-yielding varieties, including Extra Long Staple (ELS) cotton, using advanced breeding and biotechnology tools.In addition, a Special Project on Cotton under the National Food Security Mission (NFSM) has been implemented since 2023–24 through ICAR-CICR, Nagpur, in convergence with the Ministry of Textiles. To strengthen MSP operations, CCI has expanded its procurement network from 508 centres in 2024–25 to 571 centres in 2025–26, covering 150 districts across 11 cotton-growing States. During the 2024–25 cotton season, CCI procured 100.16 lakh bales valued at Rs 37,437 crore. In 2025–26 (as on 5 February 2026), 90.97 lakh bales valued at Rs 36,355 crore have been procured.read more :- India-US cotton trade booms during Trump tenure
| title | Created At | Action |
|---|---|---|
| Tamil Nadu Textile Policy 2025-26 launched, budget of ₹1,943 crore | 18-02-2026 18:43:44 | view |
| CMD Atul Ganatra: Hedging is necessary in business | 18-02-2026 18:26:08 | view |
| The rupee opened 02 paise higher at 90.65. | 18-02-2026 17:28:04 | view |
| US-India deal will impact Bangladesh garment industry | 18-02-2026 01:27:19 | view |
| The rupee closed stable at 90.67. | 17-02-2026 22:44:59 | view |
| CCI purchased 1.15 lakh quintals of cotton in Manawar Mandi, last date is 27th February | 17-02-2026 20:01:19 | view |
| Textile exports decreased by 3.75% in January, relief from US deal | 17-02-2026 18:54:39 | view |
| The rupee opened 02 paise lower at 90.67/USD. | 17-02-2026 17:26:06 | view |
| America's deal: expansion of economic interests | 17-02-2026 01:26:10 | view |
| The rupee closed 05 paise lower against the dollar at 90.65. | 16-02-2026 22:41:46 | view |
| Textile industry will be strengthened with the cooperation of OUTR | 16-02-2026 19:04:15 | view |
| Shivraj Singh Chouhan launches new cotton harvesting machine in MP | 16-02-2026 18:46:32 | view |
| Rupee opened 04 paise stronger at 90.60 per dollar | 16-02-2026 17:31:12 | view |
| CCI Cotton Sales Details 2025-26 | 14-02-2026 22:20:34 | view |
| Sale of 28,700 bales in weekly auction | 14-02-2026 18:45:48 | view |
| Cotton supply strengthened by MSP and e-auction | 14-02-2026 18:37:00 | view |
