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On Tuesday, the Indian rupee rise 04 paise to close at 90.17 per dollar, compared to its opening price of 90.21 in the morning.At close, the Sensex was down 376.28 points or 0.44 percent at 85,063.34, and the Nifty was down 71.60 points or 0.27 percent at 26,178.70. About 1483 shares advanced, 2342 shares declined, and 144 shares unchanged.read more :- The rupee opened 07 paise higher at 90.21 against the dollar.

The rupee opened 07 paise higher at 90.21 against the dollar.Indian rupee opened higher at 90.21 per dollar on Tuesday versus previous close of 90.28.read more :- 

CCI will open window today for farmers selling cottonThe slot booking window for cotton farmers will be opened by the Cotton Corporation of India (CCI) on Saturday after 12 PM. Farmers who book slots will be able to sell their cotton at the minimum support price in the market from January 12 to 30. The market administration has urged farmers to book slots on time and bring their cotton on the scheduled date.For the Khargone market, slots can be booked between January 12 and January 30, excluding Saturdays, Sundays, and government holidays. For the Barwah market and Bagod sub-market, as well as other markets, the slot booking window will open from January 19 to January 30. Farmers are advised to fill in the correct information while booking slots to avoid any problems. The CCI had opened the slot booking window for January 12 to 22 on December 27.  However, after some slots were booked, the server was hacked, leaving many farmers unable to book slots.

On Monday, the Indian rupee closed at 90.28 against the dollar, compared to its opening rate of 90.19.At close, the Sensex was down 322.39 points or 0.38 percent at 85,439.62, and the Nifty was down 78.25 points or 0.30 percent at 26,250.30.read more :- Assam: Meeting of textile ministers held in Guwahati, focusing on a $350 billion industry plan.

Assam: National Conference of Textile Ministers in Guwahati to shape $350 Billion Industry PlanGuwahati : A national conference of textile ministers will be held in Guwahati from January 8 to 9 on the theme "India's Textiles: Weaving Growth, Heritage and Innovation," an official said on Sunday.The two-day conference is being organized by the Ministry of Textiles, Government of India, in collaboration with the Government of Assam.The meeting aims to bring together senior officials from the Centre and states, along with central and state textile ministers, to discuss a coordinated national strategy to establish India as a global textile manufacturing hub.The discussions are in line with the national vision of creating a $350 billion textile industry and achieving $100 billion in textile exports by 2030, the official said.The inaugural session will be attended by Union Textile Minister Giriraj Singh, Assam Chief Minister Himanta Biswa Sarma, and Union Minister of State for Textiles Pabitra Margherita, among others.The conference will feature several sessions focusing on infrastructure and investment, export expansion, competitiveness, raw materials and fibers, and emerging areas such as technical textiles, research, and development. Special emphasis will also be placed on reviving traditional textiles, including handlooms and handicrafts, for modern domestic and global markets.Delegates are expected to share best practices, challenges, and policy suggestions aimed at strengthening the textile value chain across regions and districts.As part of the conference, a conclave titled "Strengthening and Empowering the Textile Sector of India's North-Eastern Region" will be held on the first day.The conclave will focus on silk, handloom, and bamboo-based textiles, promoting women-led enterprises, and branding "Textiles from the North-East," aiming to highlight the region's unique textile strengths and integrate them into national and global value chains.read more :-Maharashtra: CCI purchased 7.24 lakh quintals of cotton.

Maharashtra: CCI Cotton Procurement: CCI purchases 7.24 lakh quintals of cottonParbhani : This year, cotton prices are low in the open market. Because of this, farmers in Parbhani and Hingoli districts are selling their cotton at the Cotton Corporation of India (CCI) guaranteed price centers. As of Friday (December 2nd), 7,24,996 quintals of cotton have been purchased at 14 CCI centers in Parbhani and Hingoli districts. Private traders have purchased 2,46,814 quintals. Together, CCI and private traders have purchased a total of 9,71,810 quintals of cotton in these two districts.85,520 farmers from both districts have registered through the Cotton Farmer Mobile App to sell their cotton at guaranteed prices at CCI procurement centers. Of these, 46,881 farmers have been verified and given permission to bring their cotton for sale.8.84 lakh quintals of cotton purchased in Parbhani districtIn Parbhani district, CCI and private traders together purchased a total of 8,84,507 quintals of cotton. 72,166 farmers under 10 Agricultural Produce Market Committees in Parbhani, Bori, Jintur, Selu, Pathri, Sonpeth, Gangakhed, Palam, and Tadkalas have registered to sell cotton at CCI centers, of which 41,539 farmers have been verified and given permission to sell their cotton at the centers.6,42,674 quintals of cotton were purchased at 33 ginning factories in the district, with prices ranging from Rs. 7710 to Rs. 8060 per quintal. In Parbhani district, 241,833 quintals of cotton were purchased from private traders at a rate of Rs 6,700 to Rs 7,440 per quintal across 26 ginning factories under 10 Agricultural Produce Market Committees.87,000 quintals purchased in Hingoli districtIn Hingoli district, a total of 87,303 quintals of cotton were purchased by the Cotton Corporation of India (CCI) and the private sector. 13,354 farmers registered to sell cotton at CCI centers under four Agricultural Produce Market Committees in Hingoli, Akhada Balapur, Vasmat, and Jalalpur. Of these, 5,342 farmers were verified and given permission to bring their cotton to the centers.Under this market committee, 82,322 quintals of cotton were purchased at five ginning factories at a price ranging from Rs 7,712 to Rs 8,060 per quintal. In the private sector, 4,981 quintals of cotton were purchased at three ginning factories under two market committees in the district, at a price ranging from Rs 7,200 to Rs 7,400 per quintal, according to sources from the State Cooperative Cotton Producers Marketing Federation.read more :- Cotton Output Falls Sharply, Rural Employment Pressure Mounts In India.

Rupee opened stable at 90.19 against dollarThe Indian rupee opened at 90.19 per dollar on Monday compared to 90.19 on Friday.read more :-  Cotton Output Falls Sharply, Rural Employment Pressure Mounts In India.

India’s Cotton Output Drops, Rural Jobs at RiskIndia’s cotton production is expected to contract by 1.7 per cent in the cotton year 2026 (October 2025–September 2026), taking output to 29.2 million bales, the lowest level in a decade, according to a report by rating agency  Icra. The reduction is driven by declining acreage, water shortages, uneven monsoons, and farmers shifting to more profitable crops.The report notes that while yields per hectare are rising modestly, up 1.8 per cent year-on-year, this gain is insufficient to offset shrinking cultivation areas, which have declined nearly 20 per cent from peak levels in 2021. The contraction in output is likely to affect rural employment, as cotton farming continues to provide significant seasonal work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and local wage opportunities.Domestic cotton consumption is expected to remain flat in CYi2026, despite subdued output. Analysts cited in the  Icra report highlighted that U.S. tariffs on Indian apparel exports are likely to dampen downstream demand, further reducing incentives for higher cotton production.In response to the domestic shortfall, India has increased its dependence on imports, which rose 85 per cent year-on-year in the first five months of FY2026 to 1.5 million bales of 170 kg each. The United States remains the largest supplier, accounting for 22 per cent of imports. Icra emphasised that while import duty exemptions provided between 19 August and 31 December 2025, helped maintain supply, they also contributed to soft cotton prices domestically.Cotton yarn prices mirrored the softness in raw cotton markets. Domestic cotton fibre prices fell 3 per cent month-on-month in November 2025, while average cotton yarn prices dropped 4 per cent, reducing contribution margins from Rs. 103 per kg in the first half of FY2026 to Rs 96 per kg by November 2025. Icra expects margins to stabilise at Rs 98–100 per kg in FY2026, due to moderation in realisations in the second half.The report surveyed 13 cotton spinning companies, representing 25–30 per cent of the industry’s revenue. These companies are projected to see revenue decline by 4–6 per cent in FY2026, with margin contractions of 50–100 basis points, largely due to weaker second-half performance.The slowdown in cotton production and yarn demand has broader implications for rural India, where cotton cultivation is closely tied to local livelihoods. Lower output may reduce casual and seasonal employment, pressuring rural wages and increasing reliance on government employment schemes such as MGNREGS. The report signals a need for policy attention to sustain both farmer incomes and rural employment amid shifting crop patterns and global trade uncertainties.READ MORE :-“State-wise CCI cotton sales in 2024-25”

State-wise CCI Cotton Sales Details – 2024-25 SeasonThe Cotton Corporation of India (CCI) kept its prices unchanged this week and sold approximately 96,30,200 bales for the season 2024-25. This represents around 96.30% 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 84.74% 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:-   Industry appeals against local cotton tax.

Industry bodies urge removal of 4% source tax on local cotton at BTMA meeting.Bangladesh’s textile value chain stakeholders have renewed calls to strengthen domestic cotton production and remove fiscal barriers, as industry bodies and government officials met at the Bangladesh Textile Mills Association (BTMA) headquarters in Gulshan on January 1, 2026.The joint meeting, organised by BTMA, brought together senior officials from the Bangladesh Cotton Development Board (CDB) and members of the Bangladesh Cotton Ginners Association (BCGA). The session was chaired by Mohammad Khorshed Alam, Director, BTMA.Speaking at the meeting, CDB officials highlighted the strategic importance of expanding local cotton cultivation to reduce import dependency and improve supply-chain resilience. The discussion placed strong emphasis on scaling domestic cotton production through better land utilisation, farmer engagement, and closer coordination between growers, ginners, and spinners.Among the key recommendations was the withdrawal of the government-imposed 4% source tax on domestic cotton sales, which participants said discourages trade of locally produced cotton. Ginners also urged Bangladeshi spinning mills to prioritise the procurement of cotton produced by local ginning mills to support domestic value addition.Mohammad Rezaual Amin, Executive Director, Bangladesh Cotton Development Board, along with Dr. Md. Gazi Golam Mortuza, Soil Fertility and Water Management Specialist, Bangladesh Cotton Development Board, and Dr. Khalequzzaman, Senior Scientific Officer, Bangladesh Cotton Development Board, shared technical perspectives on productivity improvement and sustainable cultivation practices. Project-level updates were presented by Dr. A.K.M. Harun-or-Rashid, Project Director, Bangladesh Cotton Development Board.The meeting also discussed awareness-building initiatives among farmers. Ginners requested BTMA’s support in distributing 5,000 BTMA-branded T-shirts at a planned farmer seminar aimed at encouraging cotton cultivation.Mohammad Khorshed Alam, Director, BTMA, stressed the importance of ensuring that cultivable agricultural land remains productive, urging the plantation of cotton trees where land remains idle. He also encouraged ginning mill owners to promote integrated farming, combining cotton with vegetables on fallow or underutilised land to enhance farmer income.Ziaul Hasan Chowdhury, Deputy Secretary General, BTMA, was also present at the meeting, alongside representatives from ginning mills across Kushtia, Jashore, and other cotton-producing regions.read more:- "The first major survey of the textile sector will be conducted in 2027."

Government plans first comprehensive textile sector survey in 2027The government is planning to launch a comprehensive survey of the textile sector in 2027, aiming to build a detailed picture of the financial health, employment structure and market integration of one of India’s most labour-intensive industries, sources told.Unlike earlier exercises that focused largely on production or wages, the proposed survey is expected to go deeper into the financial ecosystem surrounding textile units. Officials said it will examine how firms access finance, whether they are able to obtain formal loans, how much they repay, and the extent to which they are integrated into the formal credit system. Export participation will also be tracked, allowing policymakers to assess how deeply textile enterprises are plugged into global value chains.At present, official data on the sector is fragmented. The labour ministry tracks wages in textiles, but the last such survey was conducted in 2017. There is little systematic information on credit access, financial stress or export orientation across the vast and diverse textile landscape.“Whether they get loans or not, how much they repay, their financial inclusion status, and whether they export—these are some of the things we want to understand. Textile is a labour-intensive secread more:-  Government extends deadline for applying to Textile PLI scheme till March 31