As per the news release from leading daily’s it’s clear that the government may remove the cap on the cotton export by the end of December because Textile organizations in the United States, European Union (EU), Mexico and Turkey have sent a joint letter to their respective governments urging immediate action to halt cotton trade restrictions by the government of India. If only the cotton exports cap is removed by the government then be prepared for an another huge rise in the yarn price. Read full articles (link:http://economictimes.indiatimes.com/news/economy/policy/Bale-Out-Govt-to-review-cap-on-cotton-exports-in-Dec/articleshow/6826255.cms) NEW DELHI: India will review the cap on cotton exports in December after coming under pressure at home and abroad for the removal of trade restrictions .
A committee under finance minister Pranab Mukherjee will review the decision by the year-end , well before the US cotton crop comes into the market in February, agriculture minister Sharad Pawar said at the Economic Editors’ conference held here on Wednesday.
“We will review the cotton export scenario in December,” he said.
India has allowed export of only 5.5 million bales (1bale=170kgs).
A total of 4.4 million bales of cotton have already been approved for exports, after India relaxed export restrictions imposed last year on the back of a bumper crop, estimated at round 35 million bales for 2010-11 .
Pressure from the powerful textile industry at home forced the Centre to cap the quantum of exports despite tight global supply.
Textile organisations in the EU, Mexico and Turkey had accused India, the world’s second biggest cotton producer and consumer, of violating WTO rules by placing restrictions on trade.
Sections of the government, however , are of the view that farmers should be allowed to realise optimum price through exports. Reports of lower production in the US has boosted cotton to record prices, leading to panic buying by mills.
Meanwhile, a cotton conference on Wednesday held in top producer state Maharashtra demanded a higher support of Rs 4,500/qtl.
Mr Pawar, who is also the minister for food, PDS and consumer affairs, said he would hold talks with state governments soon over allowing foreign direct investment in multibrandretail .Whileopeninguptheretail sector would benefit both farmers andconsumersbyopeningupsupply bottlenecks, there was a need to discuss the impact of this on small retailers , he said.
The minister also raised the Centre’s estimates of sugar prodcution this year (2010-11 ) to a record 25mt, agood2mtaboveitsearlierfigure,ina span of few weeks as it prepares to takeadecisiononopeningupexports inmid-November .Privatesectorsugar platform ISMA has pegged output ataminimumof25mt,buttheCentre had pegged this at 23 mt earlier.
India to review it's cap on cotton exports
Written By Views maker on Sunday, October 31, 2010 | 8:13 AM
KPR mills been accused of unethical labour practices
C&A after an report on labour exploitation has planned to stop association with KPR mills but how ever H&M planned to conduct an another inspection to get to a conclusion (click to read the full report) The Dutch newspaper visited the KPR Mill near near the textile manufacturing city Coimbatore together with representatives of the SOMO foundation Centre for Research on Multinational Corporations. KPR Mill, which employs around 9000 workers, produces men’s sweaters for C&A and polo shirts and children’s leggings for H&M. Workers at the factory are not allowed to leave the walled site after work and are put up in hostels. Wages are not paid out until they have worked for KPR Mill for at least three years and at least a quarter of their salaries are withheld to save for dowries. The workers do not have employment contracts and are forbidden to have any contact with labour unions. The factory reportedly does not employ child labour, KPR Mill says all its workers are 16 or over. Both clothes chains have confirmed that they buy clothing from the controversial factory. C&A says it will terminate its business with the factory as soon as possible. H&M says it received reports on sub-standard working conditions in the past, but found no problems during a visit to KPR Mill. The chain says it will carry out another inspection and will later decide on further collaboration.
KMK demands list of approved dyers in Tirupur
Written By Views maker on Monday, February 1, 2010 | 8:10 AM
KMK being a new political party by the loacl peoples have made demand for the list of approved dyers with zero discharge plant. literally very few dyeing are using the zero discharge so many dyers in the name of zero discharge they let the water out in the noyyal river. In order to investigate into type od frauds KMK has seeked the information from the pollution control boars by means of Right to information act.
5 elements exhibitors list
The below are the list of the exhibitors from 5 elements body wear and nightwear importers so kindly make search of the detailed address from Google and contact them, most of the are potential buyers
abfash GmbH - Germany
Anita Dr. Helbig GmbH - Germany
Apparel Partners Int. GmbH - Germany
Atlas Design GmbH - Germany
Big Ideas GmbH - Switzerland
Briantubi di Cinzia di Lorenzo - Italy
Bruno Banani Underwear GmbH - Germany
Chantelle Lingerie GmbH - Germany
CHARMOR Vertriebs GmbH+Co KG - Germany
Claudia C. Pantoja - Textilvertretung - Germany
Karl Conzelmann GmbH + Co. KG - Germany
Costex Ltd. - United Kingdom
Dancin' Ballett und Mode - Germany
Demitex HandelsgesmbH - Austria
Derek Rose Ltd. - United Kingdom
Dolores Font Cortes SA - Spain
Divertimento - France
Dobotex Deutschland GmbH - Germany
E. Becker GmbH & Co KG - Germany
Edmund Lutz KG - Germany
Empreinte - France
Eva B. Bitzer GmbH - Germany
Felina GmbH - Germany
G + M Textil GmbH - Germany
Guy de France - Belgium
Hanro - Switzerland
Hoff by Hoff - Denmark
Juliel Klosseck GmbH & Co. KG - Germany
LELO - Sweden
Lethu - Régence - France
Luna S.A. - Greece
Magic BodyFashion - The Netherlands
M | D design & communication bv - The Netherlands
MOH Top Sales & Services GmbH - Germany
My way legwear GmbH - Germany
Palmers Lejaby - Germany
Power Lingerie - Germany
Saint Sistas - Austria
Sapph Intimates BV - The Netherlands
Sassa Mode GmbH Underwear Fashion - Germany
SBG Modehandel GmbH - Germany
Skiny bodywear GmbH - Germany
Speidel GmbH - Germany
Sunseeker Australia PTY Ltd - Hong Kong
Taubert Textil GmbH - Germany
T.C.O. - France
Team 4 Tune GmbH & Co KG - Germany
The Australien Swimwear Company - Australia
Triumph International AG - Germany
Van de Velde - Belgium
Venice Beach - Germany
Wolf Lingerie - France
Zimmerli Textil AG - Switzerland
