On Monday, the Indian rupee closed 02 paise higher at 92.42 against the dollar, after opening at 92.44.At close, the Sensex was up 938.93 points or 1.26 percent at 75,502.85, and the Nifty was up 257.70 points or 1.11 percent at 23,408.80. About 1410 shares advanced, 2772 shares declined, and 157 shares unchanged.read more :- Purchase of 19.16 lakh quintals of cotton in Parbhani and Hingoli
19.16 lakh quintals of cotton purchased in Parbhani, HingoliParbhani: Season 2025-26 is in its last phase and till Thursday (12th), CCI (Cotton Corporation of India) and private sector purchased 19 lakh 16 thousand 972 quintals of cotton in Parbhani and Hingoli districts. Out of this, CCI purchased 10 lakh 33 thousand 191 quintals, while the private sector purchased 8 lakh 83 thousand 781 quintals of cotton.At 14 centers in these two districts, 88,377 farmers had registered to sell cotton at guaranteed prices at CCI centers through the Cotton Kisan mobile app. At the beginning of the cotton procurement season, the open market price was below the guaranteed price.This caused a break in CCI cotton procurement. Most farmers kept cotton at home, hoping that prices would rise further in the open market. But open market prices fell in February. For this reason the farmers went back to CCI. CCI had extended the deadline for purchasing cotton till Sunday (15th).But due to holidays, many farmers could not sell cotton at CCI centres. Due to cotton prices being lower than the guaranteed price in the open market, farmers have demanded extension of the CCI cotton purchase deadline till March 31.read more :- Rupee Opens 1 Paisa Higher at 92.44
Rupee Opens 1 Paisa Higher at 92.44/USDThe Indian Rupee opened 1 paisa higher at 92.44 against the dollar on Monday, compared to its Friday close of 92.45.READ MORE :- "2025-26 CCI Cotton Sales – State Wise Details"
State-wise CCI Cotton Sales Details – 2025-26 SeasonThe Cotton Corporation of India (CCI) raised its cotton prices by ₹200–₹400 per candy during this week . Till date, CCI has sold approximately 20,08,100 cotton bales for the 2025-26 season. Sales are highly concentrated in a few major cotton-producing states, Maharashtra and Gujarat emerging as the leading contributors.
CCI Raises Cotton Prices by ₹200–₹400 per Candy; Weekly Auction Sales Cross 6.4 Lakh BalesThe Cotton Corporation of India (CCI) raised its cotton prices by ₹200–₹400 per candy during the week from March 09 to March 13, 2026, while continuing its routine online auctions across multiple procurement centers. The auctions witnessed strong participation from textile mills and cotton traders, resulting in robust weekly sales of about 6,41,500 bales from the 2025–26 crop along with 1,900 bales from the previous 2024–25 season.Day-wise Auction PerformanceMarch 09, 2026:CCI began the week with strong momentum, selling 1,48,700 bales from the 2025–26 crop.Mills purchased 71,600 balesTraders accounted for 77,100 balesMarch 10, 2026:Sales moderated slightly, with 85,000 bales sold, all from the current season’s crop.Mills purchased 44,900 balesTraders bought 40,100 balesMarch 11, 2026:The corporation sold 1,14,300 bales from the 2025–26 crop and 1,900 bales from the 2024–25 crop.Mills purchased 27,300 bales, including 1,900 bales from the previous seasonTraders bought 88,900 balesMarch 12, 2026:Total sales reached 76,600 bales, all from the current season.Mills purchased 38,600 balesTraders accounted for 38,000 balesMarch 13, 2026:The week concluded with strong auction activity, recording the highest daily sales of 2,16,900 bales, entirely from the 2025–26 crop.Mills purchased 76,500 balesTraders bought 1,40,400 balesCumulative Sales UpdateFollowing the latest auctions, CCI’s total sales reached:20,08,100 bales for the 2025–26 season98,85,100 bales for the 2024–25 season
Western Zone Consultation on Union Budget 2026–27 Textile Initiatives Held in MumbaiA consultation meeting with Western Zone States on the textile sector initiatives announced in the Union Budget 2026–27 was held in Mumbai under the chairpersonship of Neelam Shami Rao, Secretary, Ministry of Textiles. Senior officials including Rohit Kansal, Additional Secretary; Padmini Singla, Joint Secretary (Fibre); Vrunda Manohar Desai, Textile Commissioner, Mumbai; and Akhilesh Kumar, Deputy Director General participated in the meeting.The consultation brought together representatives from Western Zone State Governments, industry associations and stakeholders across the textile value chain to discuss effective implementation of the initiatives announced in the Union Budget 2026–27.Key initiatives discussed included Samarth 2.0 for large-scale skilling across the textile value chain; the National Fibre Scheme (2026–2031) to strengthen the raw material base and boost domestic fibre production; the Tex Eco Initiative – Mission for Sustainable Textiles to promote sustainability and cleaner production; and the Textile Expansion and Employment (TEEM) Scheme aimed at modernising textile clusters, improving productivity and generating employment.The meeting also reviewed the expansion of Mega Textile Parks and initiatives to strengthen traditional sectors through the National Handloom and Handicraft Programme (NHHP) and the Mahatma Gandhi Gram Swaraj Initiative.Addressing the participants, Secretary (Textiles) Neelam Shami Rao highlighted the importance of cooperative federalism and stakeholder engagement in implementing these initiatives to enhance competitiveness, promote sustainable growth and generate employment in the textile sector.Additional Secretary Rohit Kansal also briefed participants on the key textile-related announcements in the Union Budget 2026–27 and invited States and industry stakeholders to participate in Bharat Tex 2026 to be held from 14–17 July 2026 in New Delhi.The consultation is part of a series of regional meetings being conducted by the Ministry of Textiles to gather feedback from States and stakeholders before finalising the implementation framework for the textile sector initiatives announced in the Union Budget 2026–27.read more:- Infra work completed in Amravati PM Mitra Park, Maharashtra
Maharasthra: Infra works at Amravati’s PM Mitra Textile Park completedAmravati: The PM MITRA Textile Park in Amravati has completed its first phase of infrastructure development. Union textile secretary Neelam Shami Rao visited the park on Friday and expressed satisfaction with the progress.The park, spread over 1,020 acres, has completed key infrastructure projects, including roads, drainage, cable laying, street lighting, and water supply systems. A 100-acre solar power plant is also planned, and a Dutch company is investing in a cotton processing and R&D center on 66 acres. The project is expected to generate significant employment opportunities in the region. District Collector Ashish Yerekar highlighted the park's potential to boost industrial growth in the area.The PM MITRA scheme aims to create seven integrated textile parks across India, attracting Rs70,000 crore in investments and generating 20 lakh jobs.read more :- Cotton import estimates cut amid high global prices: CAI
CAI cuts 2025-26 cotton import forecast to 47 lakh bales amid higher global prices and weaker rupeeFirm global cotton prices, a weakening rupee and rising freight costs linked to the West Asia conflict have led the Cotton Association of India (CAI) to trim its cotton import projections for the 2025-26 season (ending September) by about 3 lakh bales to 47 lakh bales.The revised estimate is lower than CAI’s earlier projection of 50 lakh bales.According to CAI President Vinay N. Kotak, the upward movement in international cotton prices and the depreciation of the rupee have made imports more expensive. At the same time, domestic cotton prices have stabilised, making Indian cotton relatively cheaper or on par with the replacement cost of imported fibre. Rising freight rates and longer transit times due to the ongoing West Asia war have also discouraged imports.Despite the downward revision, imports for 2025-26 are still expected to be higher than last year’s 41 lakh bales. By the end of February, around 36 lakh bales had already arrived in the country, as mills and traders rushed shipments to take advantage of the duty-free import window that remained in place until the end of December.Looking ahead, CAI believes India’s cotton exports could gain momentum. Kotak noted that a further depreciation of the rupee and a rise in international cotton prices—possibly linked to higher crude oil prices—could improve the competitiveness of Indian cotton in global markets. India’s geographical proximity also provides an advantage for supplying nearby markets such as Bangladesh and China, which may turn to India to meet their immediate requirements.For now, CAI has retained its cotton export estimate for the 2025-26 season at 15 lakh bales. By the end of February, about 7 lakh bales had been shipped overseas.On the production side, CAI has slightly raised its crop estimate by 3.5 lakh bales to 320.5 lakh bales (of 170 kg each), citing better-than-expected output in states such as Maharashtra and Andhra Pradesh. Yields have improved particularly in Maharashtra’s Vidarbha region, as well as in Karnataka and Telangana.The association has also revised its consumption estimate upward by 10 lakh bales to 315 lakh bales for the 2025-26 season. Cotton consumption until February 2026 is estimated at 131.25 lakh bales.As a result of these adjustments, CAI now projects closing stocks at the end of the 2025-26 season at 98.09 lakh bales—around 9.5 lakh bales lower than its earlier estimate.read more :- Cotton Status Report (as on 28/02/2026)
A SUMMARISE REPORT ON PRESENT COTTON SCENARIO (POSITION AS ON 28/02/2026) (Each bale170 kgs.)▪️Total pressing estimate during crop year 2025-2026 is estimated as 320.50 lakh bales & upto 28-02-2026 total 260.96 lakh bales have been pressed. Considering above till Feb-2026 end total availability of cotton may be assesed as 357.55 lakh bales including import of 36.00 lakh bales and Opening stock of 60.59 lakh bales.▪️Cotton consumption in this cotton season may touch 315 lakh bales and upto 28-02-2026 about 131.25 lakh bales reported as consumed. (SIS)▪️Export upto Feb 2026 end is found total 7.00 lakh bales against estimation for this season year of 15.00 lakh bales.▪️It is revealed that during current crop end total 47.00 lakh bales may be imported. Upto 28 Feb 2025 about 36 lakh bales have been arrived at different indian ports. (SIS)▪️Kepping in view the above , total available stock as on 28.02.2026 is calculated to the tune 357.55 lakh bales, consisting of opening stock, total pressing & import. (SIS)▪️As on 28 Feb 2026 stock with the mills is found to the tune of 75.00 lakh bales where as with CCI/MFED MNCS, Ginner , Treaders and Exporters it comes around 144.30 lakh bales.read more :- Target to reach $465 billion market through FTA: Giriraj Singh
Textile sector should scale up to gain from market access of $465 billion via FTAs, says Union Minister Giriraj SinghIndia’s textile sector should scale up production to take advantage of the $465 billion market access created through free trade agreements (FTAs), Union Textiles Minister Giriraj Singh said. He urged the industry to aim for $200 billion in textile exports by expanding its global presence and improving competitiveness.Speaking at the launch of Bharat Tex 2026, Singh emphasised the need for the industry to extend its export cycle. Currently active for around four months in global markets, the sector should work towards sustaining exports for eight months and eventually building a year-round, 12-month export cycle.Textiles Secretary Neelam Shami Rao said the government will organise roadshows both in India and abroad to attract global buyers. She encouraged the industry to diversify into new markets and products while showcasing the strength and quality of Indian textiles.Rohit Kansal, Additional Secretary in the Ministry of Textiles, said Bharat Tex 2026 aims to integrate the entire textile value chain. The event will feature a large global exhibition, policy dialogues with more than 50 core sessions and 100 additional discussions, and extensive B2B meetings with international buyers.Singh also stressed the importance of building a complete domestic supply chain for the textile industry. He called for a 24×7 engagement system with global buyers and urged greater domestic manufacturing of sewing machines, noting a sharp rise in their imports in the past decade.The third edition of Bharat Tex will be held from July 14 at Bharat Mandapam in New Delhi. The event is expected to host over 3,500 exhibitors, more than 7,000 international buyers from over 140 countries, and around 1,30,000 trade visitors, showcasing the entire textile ecosystem from fibres and yarns to garments, technical textiles, and sustainable innovations.read more :- Rupee fell 11 paise to close at 92.45 per dollar
The Indian rupee on Friday lower 11 paise to close at 92.45 per dollar, while it opened at 92.34 in the morning.At close, the Sensex was down 1,470.50 points or 1.93 percent at 74,563.92, and the Nifty was down 488.05 points or 2.06 percent at 23,151.10. About 899 shares advanced, 3200 shares declined, and 125 shares unchanged.read more :- Bhilwara textile industry affected by West Asia conflict
West Asia Conflict Disrupts Bhilwara Textile Industry; ₹800–₹1000 Crore Exports AffectedBhilwara (Rajasthan): The ongoing West Asia conflict has started impacting the textile industry in Bhilwara, with export orders being delayed and trade disruptions affecting shipments worth an estimated ₹800–₹1000 crore, industry representatives said.Bhilwara, one of India’s major textile hubs hosts hundreds of fabric, spinning, processing, and denim units and provides large-scale employment across the sector.According to R.K. Jain, General Secretary of the Mewar Chamber of Commerce Industrial Organisation, the textile sector in the city is facing mounting pressure due to instability in the Gulf region.He noted that Bhilwara’s textile ecosystem includes over 450 fabric units, more than 20 spinning units, and 21 processing units, with monthly production of around 10 crore meters of cloth and employment for over 2 lakh people directly and indirectly.Export Orders on Hold Amid UncertaintyJain said the conflict has begun affecting export markets, with several orders either delayed or put on hold.“Shipments are either stuck locally, held at ports, or suspended by overseas buyers due to uncertainty,” he said, adding that prolonged instability could further hurt exports.Key Export Markets ImpactedThe Gulf region and Europe are major export destinations for Bhilwara’s textile products. Yarn from Bhilwara is also exported to Bangladesh and European countries, while fabric exports mainly go to Gulf and European markets.Due to ongoing disruptions in trade routes, export movement has slowed significantly, weakening business sentiment among manufacturers.Industry stakeholders warn that if geopolitical tensions persist, the Bhilwara textile sector could face deeper challenges in sustaining export volumes and production stability.read more :- Punjab is getting big investment in textile sector
India's Punjab attracts major investment in textile sector The Punjab Government has secured an investment commitment of around ₹1,550 crore ($168 million) from the JL Oswal Group over the next three years, state industries, commerce and investment promotion minister Sanjeev Arora announced.The investment will span sectors such as digital infrastructure, textiles, industrial parks, hospitality, apparel manufacturing and renewable energy, and is expected to create more than 4,000 direct and indirect jobs while strengthening the state’s industrial ecosystem.The investment reflects growing industry confidence in Punjab following the launch of the Punjab Industrial & Business Development Policy 2026, which offers one of the country’s most comprehensive incentive frameworks for investors, Arora said in a press release.The plan also includes ₹450 crore for upgrading and expanding spinning and textile manufacturing facilities to modernise the textile sector and enhance global competitiveness. Another ₹400 crore will be invested in developing logistics parks, industrial parks and supporting infrastructure to strengthen Punjab’s manufacturing and supply chain ecosystem.Additionally, ₹50 crore will be used to establish modern garment manufacturing facilities to boost value-added textile production, while another ₹50 crore will be allocated to solar and sustainable energy projects aimed at supporting green industrial development in the state.Arora said the investment underscores Punjab’s emergence as a preferred destination for industry and innovation, supported by the state government’s investor-friendly policies.read more :- Maharashtra: CCI cotton purchase stopped from tomorrow
Maharashtra: CCI Cotton Procurement: Cotton Procurement to End TomorrowPune: Friday will mark the final day of the CCI's guaranteed-price cotton procurement drive. The CCI had extended the cotton procurement period until March 15. However, due to public holidays, cotton was actually purchased for only six days at most centers during this extended period.Many farmers have been unable to sell their cotton. They are also facing difficulties in booking procurement slots. Consequently, farmers are demanding that the cotton procurement period be extended until March 31. To date, the CCI has procured 10.4 million bales of cotton across the country. This year's procurement volume is 4 percent higher than that of the previous year.Previously, the CCI had set a record in the 2019-20 season by procuring 10.005 million bales. In comparison, 10 million bales were procured during the last season. Once the final figures for this year's procurement are released, it is likely to stand as the highest procurement volume recorded to date.*Highest Procurement in Telangana*Once again this year, Telangana has recorded the highest procurement volume, with 3.17 million bales of cotton purchased. Meanwhile, Maharashtra has procured 2.713 million bales, and Gujarat has procured 2 million bales. Karnataka has procured 700,000 bales; Madhya Pradesh, 555,000 bales; Andhra Pradesh, 400,000 bales; and Rajasthan, 346,000 bales.Similarly, Odisha has procured 270,000 bales; Haryana, 200,000 bales; and Punjab, 47,000 bales of cotton.*CCI Cotton Sales*The CCI began selling its cotton stock as early as January of this year. It has also reduced cotton prices on three separate occasions. So far this season, the CCI has sold 1.735 million bales of cotton. This activity is exerting downward pressure on open market prices.*Procurement Conducted for Only Six Days*The CCI had initially halted cotton procurement on February 27. Subsequently, the procurement period was extended until March 15. However, due to holidays, actual procurement began on March 5. Furthermore, March 7 and 8 were holidays, as they fell on a Saturday and Sunday. Additionally, March 14 and 15 will also be holidays, being a Saturday and Sunday. Therefore, Friday (the 13th) will be the final day for the procurement of cotton at the guaranteed price. During this extended period, actual procurement took place for only six days.read more :- Rupee Opens 15 Paise Lower at 92.34
Rupee Opens 15 Paise Lower at 92.34/USDThe Indian Rupee opened 15 paise lower on Friday at 92.34 against the dollar, whereas it had closed at 92.19 on Thursday.READ MORE :- Cotton will remain the main fibre despite declining share
Despite declining share in the global fiber market, cotton will remain a mainstream fiber.Despite declining share in global fiber consumption, cotton will remain a key and primary fiber in the textile industry. Experts believe that cotton will remain in demand in many applications due to its comfortable, breathable, and natural properties.According to the International Cotton Advisory Council's (ICAC) World Textile Demand Report, cotton's market share in global fiber consumption has fallen below 25 percent in recent years, compared to approximately 40 percent in the early 2000s.According to the US Department of Agriculture (USDA), despite record consumer demand for clothing and home textiles, potential growth in cotton product imports has been limited. This is primarily due to increasing competition from man-made fiber (MMF) products, particularly exports of MMF products from China.Prabhu Damodaran, convener of the Indian Texpreneurs Federation (ITF), said that cotton's decline in global fiber share has been gradual and structural. This is due to two primary reasons: the falling cost of synthetic fibers like polyester and the improved performance of alternative fibers like polyester and viscose.According to Ramanuj Das Boob, vice-president of the All India Cotton Brokers Association and a Raichur-based sourcing agent, the problem is not a decline in cotton demand but the rapidly growing demand for competing fibers. He said that the use of blended fabrics containing fibers like polyester, elastane, viscose, and lycra along with cotton is rapidly increasing in the modern textile sector.He said that cotton will remain important in clothing and home textiles, although its growth may be slower than synthetic fibers. Demand for blended yarns is increasing worldwide, and spinners are increasingly producing poly-cotton yarns.Experts believe that increasing per-hectare cotton productivity is crucial for India. Prabhu Damodaran stated that higher productivity would boost farmers' incomes and ensure that cotton prices remain competitive, thereby enabling it to compete effectively with other fibers.Ramanuj Das Boob noted that the demand for Extra Long Staple (ELS), contamination-free, sustainable, and organic cotton is likely to rise in the future, and the premium segment is expected to remain robust.Meanwhile, Anand Popat—a cotton, yarn, and cotton waste trader from Rajkot—observed that cotton prices have surged due to speculative trading in the market, a trend that has adversely impacted the market share of this natural fiber.read more:- Rupee fell 08 paise to close at 92.19 per dollar
| title | Created At | Action |
|---|---|---|
| The rupee closed 02 paise higher at 92.42 against the dollar. | 16-03-2026 15:40:07 | view |
| Purchase of 19.16 lakh quintals of cotton in Parbhani and Hingoli | 16-03-2026 11:36:16 | view |
| Rupee Opens 1 Paisa Higher at 92.44 | 16-03-2026 09:19:07 | view |
| "2025-26 CCI Cotton Sales – State Wise Details" | 14-03-2026 15:20:41 | view |
| CCI Raises Cotton Prices by ₹200–₹400; 6.4 Lakh Bales Sold in Auctions | 14-03-2026 12:54:01 | view |
| Union Budget 2026-27: Textile Consultations in Mumbai | 14-03-2026 12:18:49 | view |
| Infra work completed in Amravati PM Mitra Park, Maharashtra | 14-03-2026 11:09:25 | view |
| Cotton import estimates cut amid high global prices: CAI | 14-03-2026 10:55:43 | view |
| Cotton Status Report (as on 28/02/2026) | 13-03-2026 17:11:36 | view |
| Target to reach $465 billion market through FTA: Giriraj Singh | 13-03-2026 17:00:12 | view |
| Rupee fell 11 paise to close at 92.45 per dollar | 13-03-2026 15:41:12 | view |
| West Asia Conflict Hits Bhilwara Textile Exports | 13-03-2026 13:29:19 | view |
| Punjab is getting big investment in textile sector | 13-03-2026 12:21:30 | view |
| Maharashtra: CCI cotton purchase stopped from tomorrow | 13-03-2026 11:31:24 | view |
| Rupee Opens 15 Paise Lower at 92.34 | 13-03-2026 09:24:04 | view |
| Cotton will remain the main fibre despite declining share | 12-03-2026 16:09:33 | view |
