Indian rupee ended flat at 85.39 per dollar on Friday versus morning 's open of 85.39.At close, the Sensex was up 193.42 points or 0.23 percent at 83,432.89, and the Nifty was up 55.7 points or 0.22 percent at 25,461. About 1962 shares advanced, 1612 shares declined, and 102 shares unchanged.read more :- Increased Domestic Consumption of Cotton Yarn Supports Value Addition
Increased Domestic Consumption of Cotton Yarn Supports Value AdditionChennai: Amidst slower exports, cotton yarn mills have seen traction in domestic demand. Increased consumption by downstream industries has been supporting higher value addition while helping yarn producers register sales growth. Cotton yarn exports fell by 5 per cent in FY25 due to weak offtake from China. Bangladesh, China, and Vietnam collectively account for around 59 per cent of Indian cotton yarn exports. In FY2025, export volumes to China dipped by 66 per cent.However, domestic yarn consumption, which accounts for 67 per cent of the production, grew 2 per cent, offsetting the lower export demand. The industry is likely to further shift gears in FY2026, with yarn demand likely to gain traction from the healthy prospects in domestic demand, especially with strong off-take from downstream segments like apparels, which are benefiting from global vendor diversification programmes.Apparel exports grew 10 per cent in FY25 to $15.9 billion, with demand from the US and Europe. The bilateral trade deals with different countries are expected to further increase apparel exports in FY26. ICRA expects domestic spinners to report a sales volume growth of 4-6 per cent and 6-9 per cent revenue growth in FY26. The Indian cotton spinning industry has seen a modest recovery in FY2025. This follows a period of subdued demand from end-segments in the preceding two years. Higher yarn consumption by downstream industries supports higher value addition and increased employment generation, in turn improving overall export growth. Despite slower yarn exports, the total textile exports grew 6.32 per cent to $36.6 billion in FY25.Read More:- Farmers not getting price for cotton: Gujarat agriculture minister flags dip in acreage.
Cotton Price Crash: Gujarat Minister Raises AlarmCotton farmers in Gujarat are shifting to other crops like groundnuts and soybeans due to low prices for their produce, causing a decline in cotton acreage, state Agriculture Minister Raghavjibhai Patel told.Cotton farmers in Gujarat are shifting to other crops like groundnuts and soybeans due to low prices for their produce, causing a decline in cotton acreage, state Agriculture Minister Raghavjibhai Patel told The New Indian Express.“Gujarat is the hub of cotton production as our Prime Minister Narendra Modi invested a lot in its value chain,” said Patel, who is also Minister of Agriculture, Animal Husbandry, Cow-Breeding, Fisheries, Rural Housing and Rural Development in Gujarat.However, Patel raised concerns that the inadequate price farmers receive is discouraging cotton production in the state. “Cotton farmers in the state are marred by both lower production and lower prices. They do not get the required price for their produce, which discourages them from growing more,” he said, adding that many are shifting to more profitable crops.Gujarat’s cotton acreage has declined from 26.79 lakh hectares last year to 23.62 lakh hectares in the 2024-25 Kharif season. Maharashtra now leads in cotton acreage. Once the largest cotton-producing state, Gujarat has ceded its position to Maharashtra, which now tops the list, followed by Gujarat.Latest estimates from the Cotton Association of India show Gujarat’s cotton pressing at 76 lakh bales (each bale weighing 170 kg), compared to Maharashtra’s 85 lakh bales and Telangana's 48 lakh bales as of May 31, 2025.Meanwhile, India’s overall cotton production has been declining steadily for the past five years. Once a global leader, India’s cotton output is expected to shrink from 39.8 million bales in 2013-14 to 29.5 million bales by 2024-25, with yields falling to less than 450 kg/ha - far behind global leaders like China, which records 1,993 kg/ha.Experts attribute the sharp decline in cotton production to increased pest attacks and erratic weather conditions, including unpredictable rainfall and rising temperatures. The major pest threat remains the pink bollworm (PBW), which has developed resistance to Bt cotton over time. Farmers say pests now infest the crop within two months of flowering, damaging the bolls and flowers.The textiles industry has already expressed concern over the continued dip in cotton production and the projected lower acreage in the current Kharif season.Responding to another question on the rising salinity in coastal areas affecting farming, Patel said the government is taking the issue seriously. “We are building salinity prevention structures to stop seawater intrusion into groundwater and soil,” he said.The minister was speaking on the sidelines of a soluble fertiliser event organised by the Soluble Fertiliser Industry Association.Read More :-Rupee open Falls 7 Paise to 85.39/USD
Indian rupee opens 7 paise lower at 85.39 on rally in dollar indexThe domestic currency opened at 85.39 against the US dollar, as compared to 85.32 against the greenback at previous close.read more :- Rupee Gains 34 Paisa, Closes at 85.32 Against Dollar
The Indian rupee on thursday higher 34 paise to close at 85.32 per dollar, while it opened at 85.66 in the morning.At close, the Sensex was down 170.22 points or 0.20 percent at 83,239.47, and the Nifty was down 48.10 points or 0.19 percent at 25,405.30. About 1947 shares advanced, 1912 shares declined, and 154 shares unchanged.read more :- HDPS in Siddipet boosts cotton production
HDPS boosts cotton yield in Siddipet, farmers report higher returns despite higher input costsCotton farmers in Siddipet, one of the major cotton producing districts of Telangana, are witnessing higher yields and better returns with the adoption of High Density Planting System (HDPS), thanks to the special project on cotton by ICAR-Central Institute for Cotton Research (CICR), Nagpur, which is being implemented from 2023.Implemented through Krishi Vigyan Kendra (KVK), Tuniki in Medak district, the project is part of the National Food Security Mission (NFSM) and covers rainfed cotton farmers in five states, including Telangana. In Siddipet, 266 farmers adopted HDPS during the 2024 Kharif season.“Traditionally, farmers in Siddipet cultivate cotton on sandy loam soil under rainfed conditions using the Square Planting System (SPS), maintaining a spacing of 90×90 cm and sowing two seeds per hill, resulting in about 10,000 plants per acre. This greater distance facilitates bullock-drawn two-way hoe, reducing hand weeding,” said Dr Ravi Palitia, Scientist (Plant Protection), ICAR-EGVF (Eklavya Rural Development Foundation), Krishi Vigyan Kendra, Tunis.In contrast, HDPS involves sowing one seed per hill at a reduced spacing of 90×15 cm, increasing the number of plants threefold to 30,000 plants per acre. This denser system, despite requiring more seeds and initial inputs, has shown significant gains in yield and cost-efficiency.“We advise farmers to apply mepiquat chloride, a plant growth regulator (PGR), to manage canopy growth and ensure light and air penetration, thereby reducing pest and disease infestation,” said Ravi Palthia, nodal officer for the special project on cotton. This approach has also facilitated synchronised boll maturation, leading to faster harvesting and timely sowing of rabi crops, he added.The switch to HDPS increased seed cost from ₹1,728 to ₹5,184 per acre and increased labour expenditure for sowing. However, farmers saved on expenses related to row marking and bullock-drawn hoe, reducing the need for traditional two-way inter-farm operations. Overall, HDPS resulted in an additional expenditure of ₹11,256 per acre, according to an ICAR study.Despite the increased costs, there was a significant improvement in yield – from 8 quintals to 12 quintals per acre – leading to an increase in income of ₹30,084 per acre. The reduction in harvesting cycles due to uniform boll maturity also helped reduce labour costs during harvesting. Kunta Kista Reddy of Ahmadipur village in Gajwel mandal, who adopted HDPS on two acres, reported better uniformity in plant growth and a 15-20% increase in yield.“Well-managed canopy and synchronised maturity helped avoid late pest attacks. Though fertiliser and irrigation management required more attention, the system proved to be beneficial,” he said. Chada Sudhakar Reddy of Appalagudem in Markook mandal shared a similar experience. "Initially I was hesitant to use HDPS and machine sowing. But the results were beyond expectations. I used less labour and inputs but harvested more cotton and earned better profits," he said.read more :- INR Up 05 Paise, Opens at 85.66
Rupee opens 05 paise up at 85.66 against dollar on India-US deal optimismIndian rupee opened 05 paise higher on July 03 at 85.66 against the US dollar compared to the previous close of 85.71 against the greenback.read more :- Tariff and monsoon changed the course of cotton
Cotton Market Sees Mixed Quarter Amid Tariffs, Conflict, CCI and Monsoon ProgressNew York/India – The global cotton market exhibited mixed trends through the second quarter of 2025, influenced by geopolitical tensions, tariff concerns, and seasonal agricultural developments.In the U.S., NY May Futures plunged sharply in early April after tariff announcements rattled market confidence. However, a gradual recovery followed, with the contract ultimately expiring in the 66–67 cents per pound range. NY July Futures, representing the final month of the old crop, remained subdued, confined within a narrow band of 65–69 cents throughout the quarter. Ongoing conflict and weak global demand kept pressure on prices, limiting volatility.Meanwhile, in India, the cotton physical market displayed early resilience in April. However, persistent offloading by the Cotton Corporation of India (CCI) capped prices between ₹53,800 and ₹54,200 through May and June. A shift in sentiment occurred in late June as tensions in the Middle East eased, particularly with the resolution of the Iran-Israel conflict. The improved outlook spurred robust CCI sales, with 21 lakh bales sold over six auctions in a short span, igniting a rally in the domestic market.Agricultural developments also brought optimism. The monsoon arrived early on May 25, and timely rainfall supported a prompt start to kharif sowing. By the end of June, Gujarat had covered 13.99 lakh hectares under cotton, contributing to an all-India total of 50.214 lakh hectares.Market participants remain cautiously optimistic as easing geopolitical tensions and favorable monsoon conditions offer potential support for the upcoming crop season, though global demand and tariff dynamics will continue to be key factors in price direction.read more :- Ministry of Textiles approves PM Mitra Park
Textiles Ministry approves Rs 1,894-crore PM MITRA Park project in Tamil NaduIn what can be termed as a significant step towards making Tamil Nadu a national textile region, Union Textiles Minister Giriraj Singh on Tuesday announced the Centre's approval for a Rs 1,894-crore (US$220 million) development scheme for the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) Park in Virudhunagar district.Spread over 1,052 acres, the new park will be a next-generation textile cluster with emphasis on technical textiles and integrated manufacturing. It is one of the Centre's premium PM MITRA schemes designed to transform India's textile industry through setting up of world-class infrastructure, efficient regulatory mechanism and sector-specific investment incentives.The approval for the Tamil Nadu project comes after prolonged discussions between the state government headed by Chief Minister M.K. Stalin and the Union Textiles Ministry. State Industry Minister T.R.B. Raja welcomed this approval for the future of Tamil Nadu's textile industry and called it a "result of relentless follow-up and collaborative engagement".The project, targeted to be completed by September 2026, will help attract private investment of Rs 10,000 crore (US$1.16 billion) and create around 100,000 new jobs. Raja also said Tamil Nadu is already India's leading textile exporter - this project will take them to new heights.The key infrastructure to be developed at the site includes a 15 million litres per day (MLD) zero liquid discharge common effluent treatment plant, a 5 MLD sewage treatment plant, housing for 10,000 workers and 1.3 million sq ft of plug-and-play and built-to-suit industrial warehousing.Tamil Nadu joins six other states - Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh and Uttar Pradesh - to host PM MITRA Parks as part of the central government's nationwide programme to revolutionise India's textile production ecosystem.read more :- INR Drops 12 Paise, Closes at 85.71 per Dollar
The Indian rupee on wednesday lower 12 paise to close at 85.71 per dollar, while it opened at 85.59 in the morning.At close, the Sensex was down 287.60 points or 0.34 percent at 83,409.69, and the Nifty was down 88.40 points or 0.35 percent at 25,453.40. About 1716 shares advanced, 2125 shares declined, and 167 shares unchanged.read more :- FTA will give a boost to India's textile sector
India's FTAs with UK, US, EU will open up new opportunities for textiles sector: MargheritaMinister of State for Textiles Pabitra Margherita on Tuesday said that free trade agreements (FTAs) with the US, UK and the European Union (EU) will open up new opportunities for the textiles sector in India.She also said that the country's textile exports have crossed USD 34 billion and the target is to reach USD 100 billion by 2030."On the trade front, the India-UK Free Trade Agreement and our ongoing negotiations with the EU and the US will open up new avenues for growth."These are high-value, quality-conscious markets and we are committed to equipping Indian exporters with the right strategy, standards and compliance to capitalise on these opportunities," he said.Inaugurating the 73rd edition of the India International Apparel Fair (IIGF) at Yashobhoomi, Margherita said the textile and apparel industry contributes 2.3 per cent to India's GDP, 13 per cent to industrial output and 12 per cent to exports."In 2023-24 alone, we exported textile products worth USD 34.4 billion, with apparel accounting for 42 per cent. "Our target now is to take textile exports past the USD 100 billion mark by 2030 and every MSME, every entrepreneur and every exporter has a role to play in achieving this," the Apparel Export Promotion Council (AEPC) quoted the minister as saying in a statement.The AEPC is organising the three-day fair, which is being attended by over 360 exhibitors from across the country and buyers from 80 countries.Margherita also said that it is Asia's largest apparel fair, showcasing not just fabrics and fashion, but also creativity and craftsmanship.This year buyers are coming from various countries and regions, including North America, Latin America, Europe, Asia, Oceania, Africa and Eurasia.The minister said with over 80 per cent of India's textile sector being driven by MSMEs, it is important to focus on increasing productivity, ensuring stable supply of raw materials and reducing import dependency to remain competitive."With the right policy initiatives, innovation and global partnerships, this could be the decade in which India emerges not just as a volume player but also as a value-added powerhouse in global apparel exports," he said.India's apparel exports are expected to reach US$40 billion by 2030. The cumulative growth of 12.8 per cent in apparel exports in the first two months of 2025-26 is a testimony to this progress."This is despite global challenges such as the war in the Middle East, the war between Russia and Ukraine, global logistics challenge, tariff uncertainty by the US and slowdown in many global markets," Sekhri said.read more :- CICR's genetic initiative to increase cotton production
Maharastra : CICR developing genome editing technique for higher cotton yieldNagpur : The Central Institute of Cotton Research (CICR) is now working on a technique to tweak the DNA of cotton plants to ensure higher yield. This method, called genome editing, is among the latest techniques adopted for agricultural research in the country.Genome editing is different from the more complex genetic engineering technology, which involves introducing an additional gene. Cotton farmers are currently using Bt cotton, a genetically engineered variety with an additional gene that provides resistance to the bollworm pest.Speaking to TOI on the sidelines of a seminar on climate-resilient farming, CICR director VN Waghmare said that genetic editing involves changes in DNA sequencing. The aim is to develop compact cotton plants with higher boll formation. It may take another two or three years to achieve the results, he said.Former director of CICR, CD Mayee, said that the Indian Council of Agriculture Research (ICAR) is also encouraging the use of genome editing. Recently, new varieties of paddy were released, which can help in developing varieties suitable for dry conditions.Regarding the reports on rampant use of illegal herbicide-tolerant (HT) seeds in the region, Waghmare said it may not be a prudent idea. This is because farmers here adopt the practice of inter-cropping, where no single crop is grown on a stretch. This means that even if farmers use HT seeds, they won't be able to use weed killers due to the presence of other plants.Waghmare noted that areas in predominantly paddy belts have also started growing cotton. For example, the trend has begun in Gadchiroli too. Farmers are adopting it because of the rugged nature of the crop.read more :- Rupee open Falls 6 Paise to 85.59/USD
Rupee opens 6 paise down at 85.59 against the dollar as tariff worries resurface The rupee opened 6 paise down on July 2 at 85.59 against the US dollar, tracking declines in other Asian currencies and markets over fresh US tariff worries as the 90-day pause nears end Whereas in the previous trading session it was at 85.53.read more :- Saurashtra Leads with 30 Lakh Hectares Sown
Out of 34 lakh hectares in Gujarat, 30 lakh hectares have been sown in Saurashtra alone.88% of peanuts and 60% of cotton were sown in Saurashtra due to favorable rains in June.Gujarat is the leader in peanut and cotton cultivation in the entire country and most of the cultivation in Gujarat is done in Saurashtra. This year, due to good weather and favorable rains in the month of June, farmers have sown more than 88% peanuts and more than 60% cotton in the first fortnight of monsoon.Till today i.e. 30 June, a total of twenty crops have been sown in 33,91,478 hectares in the entire state, out of which 88% i.e. 29,69,900 hectares have been sown in only 11 districts of Saurashtra.Farmers in Saurashtra have sown 15,44,695 (about 15.45 lakh) hectares this year, as against 8,99,807 (about nine lakh) hectares till the end of June last year.In Saurashtra alone, peanut seeds have been sown in 14.56 lakh hectares. A good crop is expected on this due to the recent rains.Similarly, cotton has been sown in a total of 14 lakh hectares in the state this year as against 12.73 lakh hectares last year, out of which 12.08 lakh hectares have been sown in Saurashtra. In soybean, sowing has been done on more than 1.20 lakh hectares of land this year as against 42 thousand last year, out of which 1.10 lakh hectares have been in Saurashtra. Thus, farmers of Saurashtra have done sowing earlier than last year when the weather was favorable. Apart from groundnut, cotton, soybean, this year the cultivation of millet, maize, moong, tur, urad, pulses, vegetables, fodder etc. has also increased more than last year till 30 June 2024.6.40 lakh hectares more groundnut cultivation than last year, soybean also three times more than last year, enthusiasm in tur, millet, maize too.read more :- Rupee Gains 08 Paisa, Closes at 85.53 Against Dollar
The Indian rupee on tuesday higher 08 paise to close at 85.53 per dollar, while it opened at 85.61 in the morning.At close, the Sensex was up 90.83 points or 0.11 percent at 83,697.29, and the Nifty was up 24.75 points or 0.10 percent at 25,541.80. About 1971 shares advanced, 1889 shares declined, and 150 shares unchanged.read more :- Cotton Sowing Lags Despite Strong Kharif Progress
Cotton Sowing Declines Despite Strong Kharif Progress: Coverage Falls Below Last Year’s LevelsWhile overall Kharif sowing has surged across the country, cotton acreage has shown a notable decline this season. According to the Union Agriculture Ministry’s latest data as of June 27, cotton has been sown over 54.66 lakh hectares, a decrease of over 5 lakh hectares compared to the 59.97 lakh hectares recorded during the same period last year.This dip in cotton cultivation comes in contrast to the broader trend in Kharif crops, where rice, pulses, oilseeds, and coarse cereals have all registered significant growth in sown area, driven by the early and widespread arrival of the southwest monsoon.Experts suggest that the fall in cotton sowing may be attributed to delayed rainfall in some key cotton-growing regions, as well as market uncertainties and price volatility that may have prompted farmers to shift to other crops like soybean or pulses, which are currently offering more favorable returns.The decline raises concerns for the cotton textile and export industries, which heavily rely on domestic cotton production. If the trend continues, it may impact cotton availability and pricing in the coming months.Despite this, officials remain optimistic that improved rainfall in July could help narrow the gap in cotton coverage, especially in parts of Maharashtra, Gujarat, and Telangana, where sowing activity is still ongoing.The government is closely monitoring the situation and may consider support measures if cotton acreage continues to lag significantly behind.read more :- Rupee Rises 14 Paise to 85.61 Against Dollar
| title | Created At | Action |
|---|---|---|
| Rupee Ends Flat at 85.39/USD | 04-07-2025 22:57:25 | view |
| Increased Domestic Consumption of Cotton Yarn Supports Value Addition | 04-07-2025 18:24:13 | view |
| Farmers not getting price for cotton: Gujarat agriculture minister flags dip in acreage. | 04-07-2025 17:37:10 | view |
| Rupee open Falls 7 Paise to 85.39/USD | 04-07-2025 17:24:55 | view |
| Rupee Gains 34 Paisa, Closes at 85.32 Against Dollar | 03-07-2025 22:56:11 | view |
| HDPS in Siddipet boosts cotton production | 03-07-2025 18:18:01 | view |
| INR Up 05 Paise, Opens at 85.66 | 03-07-2025 17:31:42 | view |
| Tariff and monsoon changed the course of cotton | 03-07-2025 01:27:33 | view |
| Ministry of Textiles approves PM Mitra Park | 02-07-2025 23:32:20 | view |
| INR Drops 12 Paise, Closes at 85.71 per Dollar | 02-07-2025 22:45:41 | view |
| FTA will give a boost to India's textile sector | 02-07-2025 18:45:44 | view |
| CICR's genetic initiative to increase cotton production | 02-07-2025 18:13:36 | view |
| Rupee open Falls 6 Paise to 85.59/USD | 02-07-2025 17:22:47 | view |
| Saurashtra Leads with 30 Lakh Hectares Sown | 01-07-2025 23:51:00 | view |
| Rupee Gains 08 Paisa, Closes at 85.53 Against Dollar | 01-07-2025 22:45:07 | view |
| Cotton Sowing Lags Despite Strong Kharif Progress | 01-07-2025 18:06:20 | view |
