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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

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.

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.

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

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