Discussion with Kiran Bhandari, owner of Aurangabad's ginning factory
According to one information, the garment industry is such an industry that directly and indirectly provides employment to 27 percent of the population in the country. It is clear from this that the future of this industry is very bright. Farmers from all over the country have been attracted towards cotton cultivation this year due to the price of cotton that the farmers got last year. Talking about Aurangabad itself, this time around 25 percent cotton sleeping has increased here. Some ginners have also made good profits, although the profit making ginners remain only 10 to 15 per cent as most of the giners are unable to stock the goods due to rising prices. This information was given by Jinar Kiran Bhandari of Osmanpura, Aurangabad.
Due to low demand, the price decreased
In a special conversation with SIS, Kiranji told that there are many farmers in our area who are doing cotton cultivation this time except soybean and sugarcane. Farmers are confident that this year also they will get good profits from cotton. However, looking at the current scenario, it is being estimated that this time the price of cotton in our area should remain around Rs 7500 or so. A major reason for the fall in prices is the fall in consumption and demand.
Proper chain system between seller and buyer
Being a Xiner, he told that the biggest problem for the Xiner is the lack of a proper business channel between the buyer and the seller. Gener, whether small or big, takes the help of a broker to sell his goods. In such a situation, when the price of cotton bales is high, then all the goods are sold, but when the prices are low, the mills return the goods many times. In such a situation, a Xiner has to bear a big loss and in this whole process he is dependent only on the broker.
Industry will benefit if
Government should cancel RCM.
There should be a proper channel between buyer and seller.
Labor cost should be a little cheaper.
Regards
Team Sis
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