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Start Your 7 Days Free Trial TodayMP's PM Mitra Park leading in investment and employment generationIndore: PM Mega Integrated Textile Region and Apparel (PM MITRA) Park located in Dhar district of Madhya Pradesh has emerged as the leader among the seven textile mega parks of India. The park has shown high pace in investment commitments and land allocation, while many other states are still in the early implementation stage. It will encourage integrated manufacturing and technological upgradation in line with the 5F vision of the Central Government – from farm to fiber to factory to fashion and overseas market.In the recently concluded second phase, 320 acres of land was allotted to 13 companies, which will generate investment of about Rs 7,500 crore and over 16,000 jobs. About 1,130 acres of land had been allotted in the first phase, and the process of lease execution and plot possession is being expedited ahead of the third phase.Rajkumar Ramasamy, managing director of the Tamil Nadu-based textile company, said they are setting up an integrated unit to supply fiber to their plants. He described the favorable industrial environment of Madhya Pradesh and the success of the pilot project in Ujjain as attractive opportunities. Bhilosa Industries, a major anchor investor, plans to invest about Rs 4,500 crore in 200 acres of land and create 3,500 jobs.Industry experts are appreciating MP's rapid development, quick approval process and integrated planning of social infrastructure such as housing, health, education and recreation around the park. Madhya Pradesh has also provided competitive power tariffs, increasing the cost efficiency and long-term feasibility of the project.Sanjay Aggarwal, Managing Director, NASA's Fiber to Fashion, said that they are developing an integrated weaving, dyeing and apparel project in 30 acres inside the park. With EU tariff benefits and state incentives for European markets, the project will be cost effective and in line with global standards.MPIDC Managing Director Chandramouli Shukla said so far 38 companies have submitted investment proposals worth more than Rs 21,500 crore, which is expected to create about 55,000 jobs. Seven PM Mitra Parks of India have been approved in the budget of Rs 4,445 crore under the Union Textiles Ministry, with the aim of promoting large-scale investment and employment generation.read more :- 106 lakh quintals of cotton purchased on MSP in Maharashtra: Minister
Over 106 lakh quintals of cotton procured at MSP in Maharashtra: MinisterMumbai, At least 106.99 lakh quintals of cotton worth ₹8,497 crore had been procured from more than five lakh till February 16, Maharashtra Minister Jaykumar Rawal said on Friday, dismissing claims about technical glitches and malpractice in the process.Cotton procurement at the Minimum Support Price is conducted in the state through the Cotton Corporation of India , the nodal agency under the Union Textiles Ministry.Rawal, in a written reply in the state assembly, said allegations regarding technical glitches in the 'Kapas Kisan' mobile app for slot booking in Jalna district in January 2026 were false.He said 7.20 lakh farmers have successfully registered on the app, and procurement has been proceeding smoothly, without any complaints regarding technical issues to the CCI.The minister also denied allegations of malpractice or exploitation of farmers at procurement centres, stating that cotton meeting MSP quality standards is purchased strictly as per Government of India guidelines.Cotton that does not meet prescribed standards is ineligible for procurement, he said.For the 2025-26 cotton season, 168 procurement centres were opened across the state, and as of February 16, 2026, a total of 106.99 lakh quintals worth ₹8,497 crore had been procured from 5,02,598 farmers, the minister said.On production limits, Rawal said CCI's procurement is based on average yield data issued by the Agriculture Commissionerate, Pune, and farmers producing more than the average can submit certification from local authorities to enable procurement of additional quantity at MSP.He further dismissed claims that the removal of 11 per cent import duty between October 1 and December 31, 2025, led to losses to farmers, and said that CCI procured 74.86 lakh quintals of cotton worth ₹5,937.85 crore in Maharashtra during the period.read more :- Rupee fell 02 paise to close at 90.97 per dollar
The Indian rupee on Friday lower 02 paise to close at 90.97 per dollar, while it opened at 90.95 in the morning.At close, the Sensex was down 961.42 points or 1.17 percent at 81,287.19, and the Nifty was down 317.90 points or 1.25 percent at 25,178.65. About 1615 shares advanced, 2392 shares declined, and 173 shares unchanged.read more :- BTMA seeks clarity in implementing textile zero-tariff
BTMA seeks clarity to operationalise US-Bangladesh zero-tariff textile deal The Bangladesh Textile Mills Association (BTMA) has sought structured consultations and policy clarifications to operationalise Article 5.3 (Textiles) of the recently signed US-Bangladesh agreement, saying the deal could significantly expand imports of American cotton while boosting apparel exports to the United States.In a letter to Dr Gary Adams, president and CEO of the National Cotton Council of America, on 18 February, BTMA said the 9 February agreement provides conditional zero reciprocal tariff access for textile and apparel exports to the US, linked to imports of US raw cotton and man-made fibre.BTMA, which represents 1,873 mills with cumulative investments exceeding $23 billion, said US cotton accounted for around 10% of Bangladesh's total cotton imports in 2025. It sees scope to increase that share four to five times in the near term.At full capacity, Bangladesh's annual raw cotton requirement would reach about 16 million bales, compared to the current effective demand of roughly 8 million bales, the letter said.The association argued that the framework would create "mutual benefits", enhancing the competitiveness of Bangladeshi apparel in the US market, strengthening sourcing options for US retailers, and ensuring a "captive and expanding market" for American cotton producers, as eligibility for zero tariffs would require the use of 100% US cotton.However, BTMA sought clarification on several operational issues.These include eligibility rules for blended yarns containing synthetic fibres, and treatment of recycled cotton used in denim production, where traceability of recycled content is challenging. It requested consideration of a policy waiver for recycled components.On the proposed cap mechanism, BTMA suggested that export eligibility be set at five to six times the value of US cotton imports, noting that $1 worth of cotton typically translates into $5-6 in FOB apparel exports.It also sought clarity on whether the cap would be allocated nationally on a first-come basis or company-wise, linked to actual cotton imports.For certification, BTMA recommended using the US Cotton Trust Protocol, proposing a temporary transitional waiver while enhanced traceability systems are developed.The association said it is advising members to prioritise US cotton use and is preparing to establish a dedicated bonded warehouse facility for American cotton.A BTMA delegation is expected to visit the US soon to engage policymakers and industry stakeholders.read more :- CCI's record purchase of cotton in Kukshi
Last day of cotton procurement at CCI Kukshi Mandi: Record purchase of 1.92 lakh quintals fetched good prices; farmers' faces brightenedIt's the last day for the Cotton Corporation of India to purchase cotton at the support price at Kukshi Mandi. The market secretary had already informed farmers about this. This season, the CCI purchased a record 1.92 lakh quintals of cotton from the Kukshi center.Traders Received Prices Up to 1000 Rupees Higher Per QuintalCCI Procurement Officer Uday Patil stated that this time the corporation purchased cotton at rates ranging from 7650 Rupees to 8010 Rupees per quintal. Especially in the months of November and December, CCI prices were up to 1000 Rupees per quintal higher than the open market trading prices. This huge difference has directly and significantly benefited registered farmers.40,000 Cotton Bales ManufacturedThis bumper procurement at the market has also impacted local industries. Approximately 40,000 cotton bales have been prepared in contract de-lining factories from the purchased cotton.Due to CCI's activeness over the past three months, cotton producers have been increasingly interested in Kukshi Mandi, which has had a positive impact on the rural economy.Market Revenue Also IncreasedAccording to Kukshi Mandi Secretary H.S. Jamra, news of good prices led to a surge in cotton arrivals at the market. For the past 90 days, an average of over 200 vehicles have been arriving daily.This record increase in arrivals has also resulted in a significant increase in government revenue from market fees. As tomorrow is the last day of procurement, remaining farmers have been urged to arrive on time with their produce.read more :- Tanzania's new initiative for cotton farmers
Tanzania deploys modern sprayers to transform cotton farming in the countryIn a major push to modernise cotton farming, the Government of Tanzania, through the Tanzania Cotton Board, has purchased and deployed 16 modern self-propelled boom sprayers across key cotton-producing districts as part of its 2024/2025 financial year agricultural strategy.Water management solutionsThe high-tech sprayers have been distributed to five of the eight strategic cotton-producing districts — Meatu, Maswa, Kishapu, Igunga, and Bariadi — where they are expected to significantly improve pest management, cut production costs, and save time for farmers with large farms.Speaking about the project, Ndinda Anthony, the Board’s Agricultural Officer in Bariadi District, said the machines are targeted at farmers operating on larger acreages who adopt recommended cotton farming practices.“The Government has purchased and distributed these machines to strategic cotton-producing districts, targeting farmers with large farms. These machines serve farmers who follow proper cotton farming practices, including planting in rows, since the machine operates by moving through the field while efficiently spraying pesticides.”Anthony stressed that while the machinery is powerful, its benefits depend on farmers adhering to good agricultural practices to boost productivity and ensure correct chemical application.Farmer training programsThe initiative marks a clear shift from traditional pest control methods that have long challenged cotton farmers, who typically relied on manual knapsack sprayers that are labour-intensive, slow, and physically demanding.During a field visit to Kasoli Village in Bariadi District, farmers welcomed the new technology, praising its impact on their daily work. Marco Kayanhale, a farmer and resident of Mwamlapa Village, said the machines have alleviated the strain of spraying duties.“In previous years, we used knapsack sprayers. On this farm, I used to spend four days spraying and would get very exhausted. Now the Government has brought us a spraying machine — we have seen that it has made the work much easier. I will reduce labour costs and the amount of time spent in the field,” he said.Kayanhale noted that the new sprayers not only save time but also reduce fatigue that farmers endure while manually operating backpack equipment.Similarly, Marco Kubagwa, a farmer from Nyanguge Village, said the machines have revolutionised spraying on larger plots. “These machines make spraying much easier for farmers with large farms. In the past, we used knapsack sprayers that caused fatigue and body pains, but now large farms can be sprayed in a short time.”Echoing these views, Chongela Selemani, an Agricultural Officer under the Building a Better Tomorrow (BBT) programme in Mwamlapa Village, highlighted the efficiency gains. “These machines have greatly simplified the work. Previously, farmers used to spend two to three days to complete spraying one acre of land.”Farm management softwareSelemani added that despite the clear advantages of the modern sprayers, some farmers still need guidance on proper agronomic techniques, especially planting in rows. Extension officers continue to use demonstration plots to educate farmers so they can fully benefit from the technology.The purchase and distribution of these sprayers form part of broader government efforts to strengthen cotton production, increase farmer productivity, and promote modern, technology-driven agriculture nationwide — a move that aligns with national agricultural transformation agendas.read more :- The rupee fell 04 paise to open at 90.95/USD.
The rupee fell 04 paise to open at 90.95 against the dollar.The Indian rupee opened at 90.91 against the dollar on Friday after closing at 90.87 on Thursday.READ MORE :-Textile exporters demand extension of RoSCTL for 5 years
Textile exporters seek 5-Year RoSCTL extension for global competitivenessNew Delhi: The Home Textile Exporters’ Welfare Association (HEWA) has called for a five-year extension of the RoSCTL (Rebate of State and Central Taxes and Levies) Scheme, following the Ministry of Textiles’ formal acknowledgement that the representation has been taken on record for policy-level examination.The representation, submitted through the Prime Minister’s Office, emphasized that RoSCTL functions as a WTO-compliant tax neutralisation mechanism aimed at refunding embedded and non-creditable taxes to ensure Indian textile exporters remain globally competitive.Anant Srivastava, President, HEWA, said, in a statement, "We are extremely thankful to the Government of India for negotiating multiple trade agreements that create substantial opportunities for Indian textile exporters. To capitalise on these developments, exporters require stability and predictability in domestic policy. RoSCTL plays a vital role in ensuring competitiveness during this expansion phase.”Notably, in its official communication dated 25 February 2026, the Ministry clarified that continuation or extension of RoSCTL is a policy matter. The Ministry noted the observations submitted by HEWA and stated that the suggestion has been placed on record for examination at the appropriate level.HEWA highlighted that the timing of policy stability is crucial as India advances negotiations under the India–EU and India–UK Free Trade Agreements, alongside existing trade arrangements with Australia and the UAE. The Association stated that continuity in tax neutralisation mechanisms will enable exporters to effectively leverage expanded market access.The textile and garment sector continues to face global headwinds, including high US tariffs, rising sea freight rates, post-COVID cost escalation, and geopolitical disruptions impacting supply chains. Vikas Singh Chauhan, Director, HEWA, said: “India is well positioned to benefit from global supply chain realignments. However, this is not the appropriate time to alter the refund mechanism of embedded taxes under RoSCTL. MSME exporters need policy continuity to sustain employment, strengthen capacity, and plan long-term investments.”HEWA expressed confidence that a balanced, forward-looking decision will be taken in the larger national interest, supporting MSME exporters, employment generation, and India’s global textile competitiveness.read more :- TEXWIN Premium Cotton Yarn Launch at VIATT 2026
Texwin Spinning introduces premium cotton yarn range at VIATT 2026TEXWIN Spinning Pte Ltd, a leader in manufacturing premium quality cotton yarn, is participating in the Vietnam International Trade Fair for Apparel, Textiles and Textile Technology (VIATT) 2026 to be held from 26-28 February at the Saigon Exhibition and Convention Center in Ho Chi Minh City. The company is exhibiting at Hall A, Stall No. A14.At the exhibition, TEXWIN is showcasing its wide range of spinning cotton yarns, including combed compact yarns (NE 16 to 40s), carded compact yarns (NE 16 to 40s), and high performance components such as comber, flat and licrin for knitting and weaving applications. The company manufactures its products using high-grade raw cotton in a fully automated facility, ensuring superior quality, strength, uniformity and consistency in the textile processes.“VIATT provides an excellent platform to connect with international buyers and industry stakeholders. We look forward to introducing our premium cotton yarn portfolio and strengthening our presence in the ASEAN and global markets,” Bhagya Chikani of Texwin Spinning told Fibre2Fashion.Positioned as ASEAN's most comprehensive textile trade platform, VIATT covers the entire textile value chain, bringing together global stakeholders from apparel fabrics and fashion to home textiles, technical textiles and advanced manufacturing technologies. With an emphasis on innovation, digitalization and sustainability through initiatives such as 'Econogy', the fair serves as a strategic trade hub for the textile and apparel industry of the region.Established in 2021, Texwin Spinning Pvt Ltd is a Gujarat based manufacturer of premium quality cotton yarn. Headquartered in Rajkot, the company serves both domestic and export markets and is guided by "Quality is our Motto". Through a strong commitment to quality standards, customer satisfaction and continuous growth, Texwin Spinning continues to strengthen its brand presence in the competitive textile industry.read more :- The rupee closed 04 paise lower against the dollar at 90.91.
On thursday, the Indian rupee closed at 90.91 against the dollar, compared to its opening rate of 90.87.At close, the Sensex was down 27.46 points or 0.03 percent at 82,248.61, and the Nifty was up 14.05 points or 0.06 percent at 25,496.55. About 2058 shares advanced, 1973 shares declined, and 142 shares unchanged.read more :- Demand for establishment of textile plant in Balangir
Demands for setting up textile plant in BalangirKantabanji Rajya Sabha MP Niranjan Bishi has urged Union Textiles Minister Giriraj Singh to make a special plan to set up a fully integrated textile plant in Patna Garh sub-division of Balangir district.In the letter dated July 25, 2025, the MP has mentioned that there is extensive production of high quality cotton in Balangir district. In such a situation, by setting up a plant covering the entire value chain from fiber to yarn, yarn to textile and clothing to apparel, Odisha can become a major center of cotton-based industry. He said that this project will generate employment on a large scale, prevent inter-state migration and improve the socio-economic condition of Western Odisha.Value addition at each stage of production will increase the value of raw materials and provide employment opportunities to local people. The MP also said that the integrated plant will strengthen quality control and make it possible to produce high quality textiles that can compete in domestic and foreign markets, thereby strengthening Odisha's identity as a reliable textile producing state. Emphasizing on the export potential, he said that availability of the entire value chain in the state will attract foreign investors and buyers, which will increase foreign exchange earnings and strengthen India's position as a global textile exporter.read more :- The rupee fell 08 paise to open at 90.87.
The rupee fell 08 paise to open at 90.87/USD.The Indian rupee opened at 90.87 per dollar on Thursday, down from its previous close of 90.95.READ MORE :- US global tariffs: 10% or 15%?
10% or 15%?: Confusion reigns over US global tariffsThere remains uncertainty regarding global tariffs in America. The 10% temporary tariff went into effect Tuesday, Feb. 24, under President Donald Trump's Section 122 of the Trade Act of 1974, though the administration has raised the possibility of raising it to 15%. The move came after the Supreme Court's decision that struck down sweeping tariffs imposed earlier under the International Emergency Economic Powers Act (IEEPA).The surcharge issued under Section 122 is temporary and will remain in effect for 150 days, unless Congress decides to extend it or make it permanent. 10% initially applies, while President Trump announced plans to increase it to 15%. This tariff applies on top of existing tariffs and other trade measures, except for certain exempt products.US Trade Representative Jamieson Greer said the administration aims to reduce the goods trade deficit and encourage domestic manufacturing. Section 301 and Section 232 tariffs already imposed on China and other countries also remain in place, covering about 30% of US imports.The Supreme Court decision invalidated Trump's "Liberation Day" tariffs, but that would have already collected about $133 billion by 2025. The court did not give any direction on refunds, leaving the affected companies exploring legal options.International reaction was mixed. The United Kingdom appealed to avoid a trade war, while the European Union suspended recent agreements until there is clarity on US tariff policy. China urged the unilateral removal of tariffs and continued monitoring the developments.India has adopted a cautious approach. Commerce and Industry Minister Piyush Goyal said that new trade talks will be started only after there is clarity on US tariffs. Earlier, talks on interim trade agreement between India and America were postponed.It is not yet clear whether the 10% tariff will remain permanent, increase to 15%, or be eliminated entirely. The Administration is considering additional tariff options and uncertainty will remain until Congress allows an extension.read more :- India-Israel trade talks begin
India-Israel FTA talks begin to deepen bilateral trade tiesThe first round of negotiations for the India-Israel Free Trade Agreement (FTA) has begun in New Delhi and is scheduled to last till February 26, 2026. The Terms of Reference (ToR) were signed in November 2025, creating a structured framework for discussions on identified areas to enhance trade and economic cooperation.Total merchandise trade between the two countries stood at $3.62 billion in FY24-25. They share complementarities in many areas, and the FTA will be a catalyst to further enhance bilateral trade by providing certainty and predictability to businesses, including micro, small and medium enterprises (MSMEs), the Commerce and Industry Ministry said in a press release.During this round, technical experts from both sides will participate in sessions covering various aspects of the FTA such as trade in goods, trade in services, rules of origin, sanitary and phytosanitary measures, technical barriers to trade, customs procedures and trade facilitation, intellectual property rights, etc.During the inaugural session, Indian Commerce Secretary, Rajesh Aggarwal underlined that the start of FTA negotiations was timely for Prime Minister Narendra Modi's visit to Israel on February 25-26, 2026.Aggarwal underlined the significant opportunities available to both sides in areas such as innovation, science and technology, artificial intelligence, cyber security, high-tech manufacturing, agriculture and services. He emphasized that the FTA will enable both the countries to harness these opportunities and take full advantage of them.India's chief negotiator, Additional Secretary, Department of Commerce, Ajay Bhadu reiterated the importance of this engagement for both countries and encouraged both sides to work on a balanced agreement to create a visionary framework for an evolving partnership.Israel's Chief Negotiator for the FTA, Yifat Alon Perel, Senior Director for Trade Policy and Agreements and Deputy Trade Commissioner, Foreign Trade Administration, Ministry of Economy and Industry, Israel, expressed that the two countries share close ties, and the FTA has the potential to strengthen supply chains, enhance cooperation, and open new markets for both countries.This engagement highlights the strategic importance of India-Israel bilateral relations and reinforces India's commitment to deepening the economic partnership in line with national priorities and global aspirations. The release said both sides are working towards concluding a balanced and mutually beneficial agreement.read more :- Chhotaudepur: CCI will stop cotton purchase from February 27
Chhotaudepur: CCI will stop cotton purchase from 27th FebruaryWorrying news has come to light for the farmers cultivating cotton in Chhotaudepur district. Cotton Corporation of India (CCI) has decided to stop buying cotton at concessional prices from February 27. After this decision, panic and anger is being seen among thousands of farmers in the district.The goods remained in the fields and purchasing stopped.Cotton production in the district has improved this year, but due to natural processes, many farmers are still living in their fields. It takes about 15 days for this cotton to be ready and reach the market. CCI officials say that the produce which is ready now will be purchased, but the farmers argue that what about the crop which will be ready after 15 days?Fear of exploitation by tradersFarmers allege that whenever the government agency stops purchasing, private traders gain dominance in the market. Taking advantage of the helplessness of farmers, traders buy cotton at a price much lower than the support price. Farmers need money as the wedding season approaches and if CCI stops procurement, farmers will have to sell cotton to wholesalers at cheaper prices.Urgent demand for tenure extensionThe farmers of the district demand that the procurement period should be extended by at least one month. So that farmers who harvest late can also get the benefit of government price and avoid financial loss. Now the thing to be seen is whether the government and the system accept this fair demand of the farmers or the farmers will have to surrender before the traders.read more :- The rupee fell by 03 paise to close at 90.95 per dollar
The Indian rupee closed down 03 paise at 90.95 per dollar on Wednesday, while it had opened at 90.92 in the morning.At close, the Sensex was up 50.15 points or 0.06 percent at 82,276.07, and the Nifty was up 57.85 points or 0.23 percent at 25,482.50. About 1966 shares advanced, 2064 shares declined, and 161 shares unchanged.read more :- CITI demands immediate restoration of RoDTEP rates for textile exports
CITI calls for immediate restoration of RoDTEP rates to support textile exportersThe Confederation of Indian Textile Industries (CITI) has expressed deep concern over the reduction in rates by up to 50% under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme. The organization has appealed to the government to immediately reconsider this decision and restore the previous rates and price ceiling (cap) with immediate effect, so that textile exporters do not have to face inconvenience.CITI Chairman Ashwin Chandran said the decision is an unexpected blow to the export community, especially at a time when global uncertainties are already weighing on trade. He said exporters had booked their orders keeping in mind the existing structure of the RoDTEP scheme, so the sudden cut in rates would affect their financial calculations.RoDTEP rates currently range from 0.5% to 3.6%. The rate reduction will have a direct impact on the margins of textile exporters, while the industry is already grappling with several challenges:* *Decline in exports:* During April 2025 to January 2026, exports have declined by 2.35% as compared to the same period last year.* *Slow global demand:* Demand has been impacted due to geopolitical tensions and weak consumption in key markets.* *High Tariff:* Higher import duties than competing countries in major markets like the US and EU.* *Low Profitability:* The average ROCE is around 12%, which is significantly lower than sectors like IT.Export orders in the textile sector are generally booked 2–3 months in advance and pricing is done keeping in mind the policy framework and export incentives in force at that time. In such a situation, a sudden cut in RoDTEP benefits may make the ongoing contracts financially unviable, which will put additional burden on exporters and affect India's credibility in the global markets.Referring to the ‘5F’ vision proposed by the Prime Minister—Farm → Fiber → Factory → Fashion → Foreign— Chandran said a stable and predictable policy environment is essential to achieve this goal, especially in such an employment-intensive sector.He warned that sudden policy changes without adequate consultation or transition period could disrupt the export ecosystem, impact cost structure and weaken the global competitiveness of Indian exports.India has set a target of doubling textile and apparel exports to $100 billion by 2030. The textile and apparel sector is the second largest source of employment generation in the country, hence the industry believes that policy stability is extremely important to achieve this ambitious target.read more :- The rupee fell 03 paise to open at 90.92.
The rupee fell 03 paise to open at 90.92/USD.The Indian rupee opened at 90.92 per dollar on Wednesday, down from its previous close of 90.93.READ MORE :-Rupee fell 02 paise to close at 90.95 per dollar
On Tuesday, the Indian rupee fell 02 paise to close at 90.95 per dollar, compared to its opening price of 90.93 in the morning. At close, the Sensex was down 1,068.74 points or 1.28 percent at 82,225.92, and the Nifty was down 288.35 points or 1.12 percent at 25,424.65. About 1410 shares advanced, 2644 shares declined, and 127 shares unchanged.read more :- CCI to continue government procurement of cotton till April
CCI Cotton Procurement: CCI will buy cotton till AprilNagpur: This year, due to prolonged duration of monsoon, the cotton season has been completely spoiled, which is directly impacting the MSP procurement process. In view of this, Chief Minister Devendra Fadnavis has written a letter to Union Textiles Minister Giriraj Singh demanding extension of the MSP procurement deadline till April 30, 2026.The Chief Minister has informed in the letter that Cotton Corporation of India (CCI) has fixed February 27 as the last date for cotton procurement for the 2025-26 season. However, this year due to delay in monsoon season till September-October, cotton harvesting started late. In many areas, cotton bolls were affected due to rain, while at some places harvesting had to be stopped due to moisture.Because of this, the regular arrival of cotton in the market has started increasing only after January. Cotton is still standing in many fields in Vidarbha, Marathwada and Khandesh, and some farmers have found time to store their stock due to delays in power supply and the ginning process.Every year, CCI continues its procurement till the end of March, but this year, the deadline has been set at February 27, making it difficult for farmers to sell in a short period of time. Although the current guaranteed price of cotton is around Rs 8,000 per quintal, the actual market price has declined by Rs 400 to Rs 500. There is a fear that if CCI stops purchasing, private traders will reduce prices even further.The Chief Minister has made it clear that CCI's continuous intervention is necessary to keep market prices stable, as small and medium farmers, especially, will be forced to sell their crops at lower prices as they need immediate cash.Meanwhile, Hinganghat Agricultural Produce Market Committee, known as the main cotton market in Vidarbha, has also taken a stand on the issue. Market Committee Chairman Sudhir Kothari and the Board of Directors have sent a letter to CCI and the government demanding extension of the cotton purchase deadline till at least March 31. He said that there is restlessness among the farmers due to the fall in the market price, whereas at present the guaranteed price is Rs 8,000.Milind Damle, head of the Traders and Technology Alliance of the Farmers Association, also demanded extension of the procurement time, saying the harvest was getting delayed due to the longer season. If the procurement is stopped early then the purpose of the MSP scheme will remain incomplete and the confidence of the farmers will be shaken. In such a situation, CCI should keep interfering in the market and the procurement time should be extended till the end of April, this is the unanimous demand of the farmers and market committees.read more :- GDP growth at 7.2% in Q3 FY26: ICRA
| title | Created At | Action |
|---|---|---|
| PM Mitra Park in MP: New center of industry and employment | 27-02-2026 17:10:51 | view |
| 106 lakh quintals of cotton purchased on MSP in Maharashtra: Minister | 27-02-2026 16:15:41 | view |
| Rupee fell 02 paise to close at 90.97 per dollar | 27-02-2026 15:50:24 | view |
| BTMA seeks clarity in implementing textile zero-tariff | 27-02-2026 13:18:25 | view |
| CCI's record purchase of cotton in Kukshi | 27-02-2026 12:06:49 | view |
| Tanzania's new initiative for cotton farmers | 27-02-2026 11:52:15 | view |
| The rupee fell 04 paise to open at 90.95/USD. | 27-02-2026 09:26:02 | view |
| Textile exporters demand extension of RoSCTL for 5 years | 26-02-2026 17:02:48 | view |
| TEXWIN Premium Cotton Yarn Launch at VIATT 2026 | 26-02-2026 16:51:46 | view |
| The rupee closed 04 paise lower against the dollar at 90.91. | 26-02-2026 15:50:43 | view |
| Demand for establishment of textile plant in Balangir | 26-02-2026 12:04:18 | view |
| The rupee fell 08 paise to open at 90.87. | 26-02-2026 09:36:41 | view |
| US global tariffs: 10% or 15%? | 25-02-2026 17:37:23 | view |
| India-Israel trade talks begin | 25-02-2026 17:23:36 | view |
| Chhotaudepur: CCI will stop cotton purchase from February 27 | 25-02-2026 17:09:03 | view |
| The rupee fell by 03 paise to close at 90.95 per dollar | 25-02-2026 15:41:39 | view |
| CITI demands immediate restoration of RoDTEP rates for textile exports | 25-02-2026 13:04:39 | view |
| The rupee fell 03 paise to open at 90.92. | 25-02-2026 09:30:13 | view |
| Rupee fell 02 paise to close at 90.95 per dollar | 24-02-2026 15:50:12 | view |
| CCI to continue government procurement of cotton till April | 24-02-2026 14:04:09 | view |
