Telangana Tops National Cotton Procurement, Reports CentreHyderabad :Telangana has emerged as the top state in cotton procurement for 2024-25, according to data released by the Centre on Tuesday. The Union ministry of textiles, through its nodal agency the Cotton Corporation of India Ltd. (CCI), said that it had procured one crore bales of cotton, which is equivalent to 525 lakh quintals, under the Minimum Support Price (MSP) operations by March 31, 2025. This procurement accounts for 38 per cent of the total cotton arrivals (263 lakh bales) and 34 per cent of the estimated total cotton production (294.25 lakh bales) in the country, marking a significant effort to stabilise cotton prices and support farmers.Telangana led the country with the procurement of 40 lakh bales, followed by Maharashtra with 30 lakh bales and Gujarat with 14 lakh bales. Other states that saw substantial procurement include Karnataka (5 lakh bales), Madhya Pradesh (4 lakh bales), Andhra Pradesh (4 lakh bales), and Odisha (2 lakh bales). Northern states such as Haryana, Rajasthan, and Punjab together contributed 1.15 lakh bales to the total.In all, the CCI has disbursed `37,450 crore to approximately 21 lakh cotton farmers across all major cotton-producing states. In a media statement, the textiles ministry said, "This large-scale procurement reaffirms the government’s commitment to protecting farmers from market volatility through the MSP mechanism." To ensure smooth and transparent operations, the CCI established 508 procurement centres across the country. Technological innovations have also enhanced the procurement process such as farmers now benefit from on-the-spot Aadhaar authentication, real-time SMS payment alerts, and 100 per cent direct benefit transfers via the National Automated Clearing House (NACH). The "Cott-Ally" mobile app, launched in nine regional languages, allows farmers to track MSP rates, locate procurement centres, and monitor payment status. Additionally, all CCI-produced cotton bales are now traceable through QR codes enabled by blockchain technology, ensuring transparency and accountability throughout the supply chain.read more :-Rupee opens 21 paise down at 86.45 against dollar
In relation to the US dollar, the rupee opens 21 paise lower at 86.45.Indian rupee opened 21 paise lower at 86.45 per dollar on wednesday versus tuesday 's close of 86.24.read more :-Rupee lower 36 Paisa Against Dollar, Closes at 86.24
Indian Rupee lower 36 Paisa, Ends at 86.24 per DollarThe Indian rupee on tuesday lower 36 paise to close at 86.24 per dollar, while it opened at 85.88 in the morning.At close, the Sensex was up 1,089.18 points or 1.49 percent at 74,227.08, and the Nifty was up 374.25 points or 1.69 percent at 22,535.85. About 2968 shares advanced, 843 shares declined, and 115 shares unchanged.read more :- Cotton Crisis: The Dark Story of White Gold
Cotton Crisis: The Dark Truth Behind White GoldIndian Agriculture Crisis: Cotton is a major cash crop in India and is popular in the country. Cotton is also called white gold. Cotton is cultivated mainly in the states of Maharashtra, Gujarat, Telangana, Andhra Pradesh, Karnataka, Tamil Nadu, Punjab and Haryana. This crop is important for farmers as well as industry. The country's largest agro-based industry, yarn and textile production, is based on cotton. The livelihood of millions of people depends on this industry. As the area under cotton crops has decreased by more than 2 million hectares in the last five years, it is a matter of concern for farmers, research institutes, government and industry. The main reason for the reduction in area is loss-making cotton cultivation.Cotton cultivation has been running at a loss for the last several years due to low productivity, rising production costs and low prices. It would not be an exaggeration to say that this crop has lagged behind in terms of mechanization. Therefore, all the work from planting cotton to harvesting has to be done by laborers. There is a huge shortage of workers in the state and cotton growers are worried because they are not getting any workers despite paying high wages for picking cotton. In such a situation, the question arises that why should cotton be cultivated?This is also the result of the government's misguided policy from input to export in the last two and a half to three decades. The policy of the central government is that if cotton, oilseeds and pulses are produced in the country, then they should be imported as per the requirement. When the prices of cotton start increasing, the industrial sector also gives priority to import. But fulfilling the requirement by import has never been a good option, especially in today's changing global situation.The newly appointed director of CICR claimed that efforts will be made to provide advanced hybrid varieties at the departmental level to increase the productivity of cotton and cooperation will be taken from organizations across the country to control the pink caterpillar. He will definitely make efforts in this direction, but he will also have to find an answer to who stopped this organization from doing so in the last two and a half decades. CICR has repeatedly announced that it will identify the reasons for low productivity and develop action plans to increase productivity. But they have not been successful so far. The central and state governments have also failed repeatedly in this. There is also turmoil in the matter of cotton picking machines in the country.If cotton productivity is to be increased in the country and this crop has to become profitable for the producers, then extensive research has to be done on its varieties. Producers should get BT cotton directly. Adoption of advanced farming techniques in cotton cultivation has to be increased. Cotton cultivation has to be brought under irrigation. Producers have to effectively control pink caterpillar. All operations from planting of cotton to harvesting should be mechanized.Intensive cultivation of indigenous varieties of long-term crops has been found to increase productivity. In such a situation, intensive cultivation of indigenous varieties will have to be increased to 20 percent. Cotton prices in the country should be determined on the basis of the percentage of cotton present in it. The entire process of 'cotton to cloth' should take place in the same area where cotton is grown. Producers should have a share in the value addition of cotton. Such measures will make cotton cultivation more cost-effective and contribute to the development of the sector.read more :- Season-wise Statement of Total Domestic Cotton Production and Procurement by CCI Under MSP Provisions Over the Last Six Years
Domestic Cotton Production and CCI MSP Procurement (Last 6 Seasons)After a significant pause, the Cotton Corporation of India (CCI) has made a significant return to procurement under the Minimum Support Price (MSP) mechanism for the 2024-25 cotton season.According to official data, domestic cotton production is expected to decline to 294.25 lakh bales (each weighing 170 kg) in the current 2024-25 season, down from 325.22 lakh bales in 2023-24. Despite the fall in production, CCI has made substantial procurement of 99.93 lakh bales till March 28, 2025 – marking a sharp increase of 33.96% in procurement percentage.This marks the return of significant procurement activity after two consecutive years of inactivity. In both the 2021-22 and 2022-23 seasons, despite domestic production being 311.17 lakh and 336.60 lakh bales, respectively, CCI did not make any procurement under MSP.The last big procurement was witnessed during the 2020-21 season, when CCI had bought 99.33 lakh bales out of 352.48 lakh bales produced, with a procurement percentage of 28.18%. In 2019-20, the corporation had bought 124.61 lakh bales, which was 19.62% of the total production of 365 lakh bales.The current procurement figure for 2024-25 is the second highest in the last six years, indicating a proactive approach by CCI in stabilising cotton prices and supporting farmers amid lower production forecasts.Experts believe that this fresh procurement effort may help maintain balance in the market and ensure fair prices for cotton growers.read more :- Rupee Opens 4 Paise Lower at 85.88 Against Dollar
Indian rupee opens 4 paise lower at 85.88 against US dollarThe Indian rupee opened 4 paise lower on April 8 at 85.88 against the US dollar, as compared to 85.84 against the greenback in the previous trading session.read more :-AUSTRALIAN COTTON SHIPPERS ASSOCIATION (ACSA) Delegation Visits CAI Headquarters
ACSA Delegation Visits CAI HQKey Insights from the Seminar :1. Annual Production: Australia produces approximately 5 million bales of cotton annually.2. Farming Community: The industry comprises around 1,500 cotton farmers.3. Landholding Size: Each farmer holds an average of 577 hectares.4. High Yield: Australian cotton achieves an average yield of 2,400 kg per hectare.5. Outturn: The kapas outturn ranges from 42% to 44%.6. Seed Size: Australian cotton seeds are smaller in size.7. Seed Distribution: Seeds are distributed by the government.8. Seed Provider: Only one company’s seeds are approved and used by farmers.9. Ginning Practice: Farmers do not sell kapas directly. Instead, they have it ginned at private ginning units by paying ginning and pressing charges, after which they sell the cotton lint and seed separately.10. Cotton Cake Usage: Primarily used in cattle farms and also exported to China.11. Primary Growing Region: Cotton in Australia is predominantly grown in Queensland.12. Fibre Quality : Staple Length: Averages 29 mm, ranging from 28.5 to 31 mm. Micronaire: Falls between 4.0 to 4.9.13. Yield Trade-off: Growing cotton with longer fibre and lower micronaire significantly reduces yield.read more :-Indian Rupee lower 10 Paisa, Ends at 85.84 per Dollar
Rupee lower 10 Paisa Against Dollar, Closes at 85.84The Indian rupee on monday lower 10 paise to close at 85.84 per dollar, while it opened at 85.74 in the morning.At close, the Sensex was down 2,226.79 points or 2.95 percent at 73,137.90, and the Nifty was down 742.85 points or 3.24 percent at 22,161.60. About 559 shares advanced, 3372 shares declined, and 137 shares unchanged. read more :-CCI Cotton Production and Purchases: Last 6 Years
According to data compiled from the cotton seasons 2019-20 to 2024-25, cotton production in the north Indian states of Punjab, Haryana and Rajasthan has seen a significant decline in the last six years.The total cotton production in India is projected to decline from 365 lakh bales in 2019-20 to an estimated 294.25 lakh bales in 2024-25. This represents a decline of about 70.75 lakh bales, underlining the growing concerns in the agriculture sector, especially in the northern region.Northern states hit hardCotton production in Punjab, Haryana and Rajasthan has seen a steep decline:Punjab's production fell from 9.50 lakh bales in 2019-20 to only 2.72 lakh bales in 2024-25.Haryana's production fell from 26.50 lakh bales to 12.44 lakh bales.In Rajasthan, traditionally the leading producer in north India, the procurement declined from 29 lakh bales to 18.45 lakh bales.Various factors such as pest infestation, climatic uncertainties and change in cropping pattern by farmers looking for more profitable or stable options are responsible for this decline.Significant drop in CCI procurementThe Cotton Corporation of India (CCI), which procures cotton under various categories (A, B and C), has also reduced its procurement drastically. In the 2019-20 and 2020-21 seasons, CCI procured significant quantities (up to 10.57 lakh bales in category B in 2020-21), but in the latest season, procurement declined to:0.02 lakh bales (A)0.62 lakh bales (B)0.50 lakh bales (C)No procurement was made by CCI in the 2021-22 and 2022-23 seasons as market prices were higher than MSP.OutlookExperts suggest that unless substantial efforts are made to support cotton growers through improved seeds, pest control and support pricing, this declining trend could threaten the livelihoods of farmers and the textile industry.The government and agricultural bodies are expected to review these trends and introduce policy measures aimed at reviving cotton cultivation in the affected northern states.read more :- Described: An emergency with cotton
Explained: A cotton emergencyThe pink bollworm has brought down India’s cotton production by a quarter in the last decade. While a few seed companies have developed new genetically modified hybrids resistant to the dreaded insect pest, regulatory barriers are coming in the way of their commercialisation.India’s cotton economy isn’t in great shape.This, despite the advantage the country has as a producer of the natural fibre and its textile exports facing only 27% duty – as against China’s 54%, Vietnam’s 46%, Bangladesh’s 37%, Indonesia’s 32% and Sri Lanka’s 44% – under US President Donald Trump’s “reciprocal tariff” policy.The cause for concern is production.India’s cotton output in the 2024-25 marketing year (October-September) is projected at just over 294 lakh bales (lb; 1 lb=170 kg), the lowest since the 290 lb of 2008-09. Production has been on a declining path since the peak of 398 lb in 2013-14 (see chart 1). A fall from almost 400 lb to under 300 lb can even be termed catastrophic.The cultivation of genetically modified (GM) cotton hybrids – incorporating alien genes isolated from a soil bacterium, Bacillus thuringiensis or Bt – had led to not only a near-trebling of production (from 136 lb to 398 lb), but also a 139-fold jump in exports (from 0.8 lb to 117 lb), between 2002-03 and 2013-14.A different bollwormThe above production slide, and India turning from a large cotton exporter to a net importer, is mainly courtesy of the pink bollworm (PBW). This is an insect pest, whose larvae bore into the bolls (fruits) of the cotton plant. The bolls contain seeds from which the white fluffy cotton fibres or lint grow. The PBW caterpillars feed on the developing seeds and the lint, causing yield loss as well as lint discolouration.The GM cotton now grown in India have two Bt genes, ‘cry1Ac’ and ‘cry2Ab’, coding for proteins toxic to the American bollworm, spotted bollworm and cotton leafworm pests. The double-gene hybrids initially provided some protection against the PBW too, but that effectiveness has dissipated over time.The reason for it is that the PBW is a monophagous pest, which feeds exclusively on cotton. This is unlike the other three pests that are polyphagous and survive on multiple host crops: The American bollworm larvae infest even maize, jowar (sorghum), tomato, bhindi (okra), chana (chickpea) and lobia (cowpea).Being monophagous enabled the PBW larvae to gradually build resistance to the toxins from the existing Bt cotton hybrids. The PBW population that became resistant from continuously feeding on these plants eventually overtook and replaced the ones that were susceptible. The pest’s short life cycle (25-35 days from egg laying to adult moth stage), allowing it to complete at least 3-4 generations in a single crop season of 180-270 days, further accelerated the resistance breakdown process.A recent article in the Nature scientific journal showed the PBW developing resistance to both cry1Ac and cry2Ab toxins by 2014, about 12 years after Indian farmers began cultivating Bt cotton.The incidence of the pest crossing the “economic threshold level” – where the value of crop damage exceeds the cost of control – was recorded from 2014 in the central (Maharashtra, Gujarat and Madhya Pradesh), 2017 in south (Telangana, Karnataka, Andhra Pradesh and Tamil Nadu) and 2021 in north (Rajasthan, Haryana and Punjab) growing zones.Not for nothing that all-India per-hectare cotton lint yields, which increased from an average of 302 kg in 2002-03 to 566 kg in 2013-14, have plunged to 436-437 kg during the last two years.Deploying new genesLeading Indian seed companies have developed GM cotton hybrids deploying new genes from Bt, which they claim confer resistance to PBW.The Hyderabad-based Bioseed Research India, a division of DCM Shriram Ltd, is conducting confined field trials of hybrids based on its proprietary ‘BioCotX24A1’ transgenic technology/event expressing the ‘cry8Ea1’ gene found in Bt.The Ministry of Environment’s Genetic Engineering Approval Committee (GEAC) had, in late-July 2024, permitted Bioseed to undertake Biosafety Research Level-1 (BRL-1) trials of its event at six locations in MP, Karnataka and AP. The trials, in isolated plots of not more than one-acre size each, are meant to evaluate the expression of the new alien genes and the agronomic performance of the hybrids/lines into which they are introduced. BRL trials also entail generation of data on food and feed toxicity and environmental safety (residue analysis, pollen flow studies, etc).read more :-Rupee opens 51 paise lower at 85.74 against US dollar
Against the US dollar, the Indian rupee begins 51 paise lower at 85.74.Indian rupee opened 51 paise lower at 85.74 per dollar on Monday versus Friday's close of 85.23.read more :- Declining Cotton Production and Procurement by CCI in Punjab, Haryana, and 10 Other States
Cotton production and procurement by CCI is continuously declining in 12 states including Punjab, Haryana and 12 other statesChandigarh: Cotton production and procurement by the Cotton Corporation of India (CCI) is continuously declining in 12 states, including major North Indian states Punjab, Haryana and Rajasthan.From 365 lakh bales (1 bale = 170 kg) in the 2019-20 season, production is expected to decline to 325 lakh bales in 2023-24 and provisionally to 294 lakh bales in the 2024-25 season by March 24, 2025. CCI's cotton procurement also witnessed a sharp decline, dropping from 124.61 lakh bales in 2019-20 to only 32.84 lakh bales in 2023-24, while the provisional figures for 2024-25 are expected to reach only 99.93 lakh bales by March 26, 2025.According to Union Minister of State for Textiles Pabitra Margherita, the reason for CCI's inability to make some procurement is due to cotton prices often being higher than the minimum support price (MSP), as explained in the Rajya Sabha in a written reply to a question by Punjab MP Sandeep Kumar Pathak.According to the minister, the country has produced 365 lakh bales in 2019-20, 352.48 lakh bales in 2020-21, 311.17 lakh bales in 2021-22, 336.60 lakh bales in 2022-23, 325.22 lakh bales in 2023-24 and 294.25 lakh bales in 2024-25 season up to 24th March 2025. Punjab, Haryana and Rajasthan have produced 9.50 lakh bales, 26.50 lakh bales and 29 lakh bales respectively in 2019-20; while it was 10.23 lakh bales, 18.23 lakh bales and 32.07 lakh bales in 2020-21; 6.46 lakh bales, 13.16 lakh bales and 24.81 lakh bales in 2021-22; 4.44 lakh bales, 10.01 lakh bales and 27.74 lakh bales in 2022-23; 6.29 lakh bales, 15.09 lakh bales and 26.22 lakh bales in 2023-24; and 2.72 lakh bales, 12.44 lakh bales and 18.45 lakh bales in 2024-25 season till 24th March. With regard to procurement by CCI, 124.61 lakh bales were procured in 2019-20, 99.33 lakh bales in 2020-21 while no procurement was made in the years 2021-22 and 2022-23. 32.84 lakh bales were procured in 2023-24 while 99.93 lakh bales have been procured in 2024-25 season till 26th March. Specifically, 3.56 lakh bales, 6.22 lakh bales and 3.76 lakh bales were procured by CCI from Punjab, Haryana and Rajasthan, respectively, in 2019-20; 5.36 lakh bales, 10.57 lakh bales and 9.11 lakh bales in 2020-21; no procurement in 2021-22 and 2022-23; 0.38 lakh bales, 0.43 lakh bales and 0.52 lakh bales in 2023-24; and 0.02 lakh bales, 0.62 lakh bales and 0.50 lakh bales in 2024-25 season till March 26.read more :-Farmers Run Out of Cotton, Prices Spike
Cotton Price: Prices rise after farmers run out of cottonWardha News: The prices of cotton have risen across the country due to the decrease in moisture content in the cotton currently coming to the market as compared to the beginning of the season as well as the increase in the price of silk. At present, cotton is trading at Rs 7,000 to Rs 8,000 per quintal.The central government had declared a price of Rs 7121 per quintal for medium-staple cotton and Rs 7521 per quintal for long-staple cotton. However, cotton was not purchased from farmers at this rate throughout the season. On the one hand, the productivity of cotton has declined and it has stabilized at four to five quintals per acre. Cotton producers were in a situation where productivity costs were rising and prices were falling.This does not even include the productivity cost of cotton. This has also affected the cotton cultivation area. Now that the cotton season is in its final stages and farmers have very little stock left, the price of cotton has gone up by Rs 1,000 per quintal. At the beginning of the season, the moisture content in cotton ranges between 10 to 14 per cent. Now it has come down to 6 to 7 per cent. Experts in the field said that the price of sugar has also increased.The market price of sugarcane was Rs 3200 to Rs 3300 per quintal. Now it has increased and it is trading at Rs 3,700 per quintal. As a result of all this, the prices of cotton have gone up. Vinegar is used for oil and it also provides a base during the process. These value-added products are used in food and animal feed. As a result of this boom in the market, the prices of cotton have gone up.Hinganghat (Wardha) Market Committee is famous for cotton. At present, a huge amount of cotton is arriving in this mandi. Ginning traders have to buy cotton by participating in the auction process of the market. Market Committee Secretary Tukaram Chambhare said that farmers come here to sell cotton because the entire transaction is transparent.Currently, 10 to 15 percent of cotton stock is left. The percentage of good quality cotton does not exceed 10. That is why prices have increased. Rates have increased from Rs 7,000 to Rs 8,000.The arrival of good quality cotton in the market has reduced. The price has been revised accordingly. Cotton producers can get good profits only when the area of cotton sowing and productivity decrease in the coming time. Because according to economic theory, demand and supply affect prices.read more :-Weekly Sales Report - Cotton Corporation of India (CCI)
Cotton Corporation of India (CCI) Weekly Sales ReportCURRENT WEEK : 31 March 2025 – 04 APRIL 2025✅ Total Sales: 7,71,000 bales ( 2023-24 & 2024-25 Season )📌 Segment-wise Sales:🔸 Trader Session: 4,14,700 bales (2024-25)🔸 Trader Session: 3400 bales (2023-24)🔸 Mills Session: 3,41,700 bales (2024-25)🔸 Mills Session: 11,200 bales (2023-24)read more :-Rupee lower 19 Paisa Against Dollar, Closes at 85.23
Indian Rupee lower 19 Paisa, Ends at 85.23 per DollarThe Indian rupee on friday lower 19 paise to close at 85.23 per dollar, while it opened at 85.04 in the morning.At close, the Sensex was down 930.67 points or 1.22 percent at 75,364.69, and the Nifty was down 345.65 points or 1.49 percent at 22,904.45. About 1081 shares advanced, 2721 shares declined, and 131 shares unchanged.read more :-Indian Textile Stocks Resilient Amid Market Slump
Indian textile stocks defy market slumpMUMBAI: For the Indian textile industry, the Oval Office has spun a surprising tale, in which Vietnam, Bangladesh, China or Sri Lanka have been harmed by imposing far more punitive tariffs than hubs in Tirupur, Surat or Noida.So, shares of textile manufacturers jumped as much as 18% on Thursday, as the 26% tariff imposed on home furnishings and readymade garments from India is lower than the 54% tariff imposed on China, 46% on Vietnam, 37% on Bangladesh and 30% on Pakistan.In fact, Indian manufacturers will benefit from the 'Liberation Day' announcements by the White House.Gautam Shahi, director, Crisil Ratings, said, "Tariffs on Indian textiles are lower than other major exporting countries, which could enhance India's competitiveness and help it increase its share in US textile exports." However, analysts cautioned that while the tariff differential would benefit India, higher duties could also lead to higher end product prices, dampening demand in the medium term. "How these tariffs impact consumers and the potential reversal of tariffs on India or competitors will be key factors to watch out for," Shahi said.The US is India's largest textile export market, accounting for 28% of India's total textile exports, valued at $35 billion in FY24. Despite this, Indian textiles currently hold only a 9% share in the US market, trailing behind Vietnam (15%) and China (24%)."We expect this tariff structure to make Indian textiles more attractive to US buyers, potentially increasing India's market share in the US," said Antu Thomas, senior research analyst at Geojit Investments. "However, in the near term...Despite short-term concerns, analysts maintain a positive long-term outlook on the sector, especially for companies with strong capital expenditure plans and high export focus such as Welspun Living, Indo Count Industries, Trident, Gokaldas Exports."These companies are well positioned to take advantage of the changing trade landscape and rising global demand," Thomas said.read more :-US Reciprocal Tariffs: Boon or Bane for Textiles and Apparel?
Opinion: Impact of US reciprocal tariffs on textiles and apparel sector – boon or bane?The United States has imposed significant duties on textile imports from various countries with the aim of protecting domestic industries and addressing trade imbalances. Under the Trump administration, reciprocal duties of about 27% were imposed on Indian textile imports. The move is part of a broader strategy, where duties on competitors such as Vietnam (46%), Bangladesh (37%), Cambodia (49%), Pakistan (29%), and China (34%) appear to be even higher. These duties have reshaped the global textile trade landscape, potentially putting India in a more favourable position than its competitors.Impact on Indian exports: The imposition of US tariffs presents both opportunities and challenges for the Indian textile industry. The positive side is that higher duties on competing countries provide India with a competitive edge, potentially increasing its market share in the US. In 2023-24, approximately 75% of the US textiles imports are expected to grow by 2024-25. Of the $36 billion in textile exports, the US accounted for about 28%, equivalent to about $10 billion. This favourable situation could increase export volumes and revenues for Indian manufacturers.Impact on US consumption: However, tariffs also have an impact on US consumers. Higher import costs could lead to higher retail prices for textiles and apparel, potentially reducing overall consumption. This price sensitivity could result in a contraction in the US market, impacting demand for Indian exports. Conversely, some US consumers may turn to more affordable options, benefiting Indian exporters if they can maintain competitive pricing.Growing US exports: The US textile and apparel industry has seen significant growth in exports due to rising global consumer demand for downstream textile products such as technical textiles and home textiles. In 2021, US exports of textile and apparel products grew by $3.4 billion (18.3%) to $22.3 billion. This growth was particularly notable in exports of fibers and yarns, which saw a 23.8% increase. This trend indicates strong demand for US textile products, which could impact global trade dynamics and affect Indian exports.Forecasts suggest that the Indian textile sector will continue to expand, leveraging its competitive advantage in the US market. The industry’s ability to innovate and adapt to changing consumer preferences will be key in maintaining its growth trajectory. However, a short-term slowdown in the US market is anticipated due to tariff-induced price increases. Current Issues in the Industry Despite the opportunities presented by US tariffs, the Indian textile industry is already facing a number of challenges.These include :Environmental concerns : The industry contributes significantly to pollution, with high volumes of waste and chemical hazards.Raw material shortages : Dependence on imported raw materials and rising costs pose significant risks.Infrastructure constraints: Inadequate infrastructure and logistics challenges hinder efficient production and exports.Labour shortage : The industry is grappling with labour shortages, which have been exacerbated by the pandemic.Resolving these issues is critical for the long-term sustainability and competitiveness of the Indian textile sector.In conclusion, the imposition of US tariffs on textile imports has had mixed consequences for the Indian textile industry. While it provides a competitive advantage over other exporting countries, it also presents challenges related to market contraction and increased costs. The future growth of the industry will depend on its ability to innovate, adopt sustainable practices, and overcome existing challenges. By strategically navigating these complexities, the Indian textile sector can thrive in the global market.read more :-Rupee opens 40 paise higher at 85.04 against US dollar
The rupee higher 40 paise to 85.04 against the dollar.Indian rupee opened 40 paise higher at 85.04 per dollar on Friday and touched 84.97 against the US Dollar for the first time since December 2024. On Thursday's it closed at 85.44.read more :-Rupee lower 31 Paisa, Ends at 85.44 per Dollar
Indian Rupee loweer 31 Paisa, Ends at 85.44 per DollarThe Indian rupee on thursday lower 31 paise to close at 85.44 per dollar, while it opened at 85.75 in the morning.At close, the Sensex was down 322.08 points or 0.42 percent at 76,295.36, and the Nifty was down 82.25 points or 0.35 percent at 23,250.10. About 2724 shares advanced, 1119 shares declined, and 132 shares unchanged.read more :- Trump Announces 26% Reciprocal Tariff Discount on India
Donald Trump Announces 26% "Discounted Reciprocal Tariff" On IndiaTrump Tariff Announcement: The US President also announced a 20 per cent levy on imports from the European Union and 10 per cent from the UK - two of the main trade partners and allies of the United States.Washington:US President Donald Trump has announced significant reciprocal tariffs on India and China, but said he is being kind on them by charging roughly "half of what they charge us". Calling these as "discounted reciprocal tariffs", President Trump said the US will charge an import duty of 26 per cent on India and 34 per cent on China.Speaking about India, President Trump described tariffs by New Delhi as "very very tough". He went on to say that "Their Prime Minister (Narendra Modi) just left (US recently)...he is a great friend of mine, but I said to him that 'you're a friend of mine, but you've not been treating us right'. India charges us 52 per cent, so we will charge them half of that - 26 per cent."The President also announced a 20 per cent levy on imports from the European Union and 10 per cent from the UK - two of the main trade partners and allies of the United States. On Japan too, he levied a 24 per cent tariff.These tariffs, the White House said, come over and above a 10 per cent base import duty on all products imported into the United States. President Trump, however, did not explain how these tariffs would be levied in an industry-wise break-up.The announcement was made to loud cheers at the White House Rose Garden, as Donald Trump said, "For far too long, other countries have looted and plundered us, while taking advantage of our policies. But no longer. April 2nd will forever be known as Liberation Day - when America reclaimed its industries. We will now impose reciprocal tariffs on countries that tariff us - Reciprocal means we do to them, what they do to us, as simple as that.""By doing this we will reclaim our jobs, we will reclaim our industry, we will reclaim our small and medium scale businesses...and we will make America wealthy again. Jobs will come roaring into America now," he added.The White House told reporters shortly after the "Liberation Day" tariff announcement that due to a "national emergency" which has stemmed from security concerns due to persistent trade deficits, the US is imposing a "baseline" 10 per cent tariff that would start at 12:01am local time (9:30 am IST) on April 5, while the higher country-specific tariffs would begin from 12:01 am local time (9:30 am IST) on April 9.read more :-Indian textile exporters get a boost from Trump's tariffs
| title | Created At | Action |
|---|---|---|
| Telangana tops in cotton procurement, says Centre | 09-04-2025 18:20:01 | view |
| Rupee opens 21 paise down at 86.45 against dollar | 09-04-2025 17:41:23 | view |
| Rupee lower 36 Paisa Against Dollar, Closes at 86.24 | 08-04-2025 22:49:51 | view |
| Cotton Crisis: The Dark Story of White Gold | 08-04-2025 18:48:29 | view |
| Season-wise Statement of Total Domestic Cotton Production and Procurement by CCI Under MSP Provisions Over the Last Six Years | 08-04-2025 18:21:53 | view |
| Rupee Opens 4 Paise Lower at 85.88 Against Dollar | 08-04-2025 17:11:31 | view |
| AUSTRALIAN COTTON SHIPPERS ASSOCIATION (ACSA) Delegation Visits CAI Headquarters | 08-04-2025 00:46:40 | view |
| Indian Rupee lower 10 Paisa, Ends at 85.84 per Dollar | 07-04-2025 22:51:47 | view |
| CCI Cotton Production and Purchases: Last 6 Years | 07-04-2025 21:19:02 | view |
| Described: An emergency with cotton | 07-04-2025 18:21:23 | view |
| Rupee opens 51 paise lower at 85.74 against US dollar | 07-04-2025 17:33:20 | view |
| Declining Cotton Production and Procurement by CCI in Punjab, Haryana, and 10 Other States | 05-04-2025 19:03:08 | view |
| Farmers Run Out of Cotton, Prices Spike | 05-04-2025 17:52:49 | view |
| Weekly Sales Report - Cotton Corporation of India (CCI) | 05-04-2025 01:22:24 | view |
| Rupee lower 19 Paisa Against Dollar, Closes at 85.23 | 04-04-2025 22:49:11 | view |
| Indian Textile Stocks Resilient Amid Market Slump | 04-04-2025 19:13:19 | view |
| US Reciprocal Tariffs: Boon or Bane for Textiles and Apparel? | 04-04-2025 18:38:36 | view |
| Rupee opens 40 paise higher at 85.04 against US dollar | 04-04-2025 17:25:05 | view |
| Rupee lower 31 Paisa, Ends at 85.44 per Dollar | 03-04-2025 22:45:35 | view |
| Trump Announces 26% Reciprocal Tariff Discount on India | 03-04-2025 21:00:56 | view |
