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INDIA: KBP demands ban on cotton import from India

Kissan Board Pakistan has demanded of the government to ban import of cotton from India forthwith to save 1200 ginning factories from financial crunch. Secretary General KBP Malik Mohammad Ramzan said here on Monday that according to reports the Indian government has announced 5 per cent subsidy for the importers of cotton from India. "This offer may allure the Pakistani Textile Mills owners to buy cotton from India instead of the local ginners, who have more 1.346 million bales in their stocks," he added. Malik said if the local cotton ginners are unable to clear their stocks in time and cash starved they would be unable to buy seed cotton (phutti) from the growers this year, thus Pakistani farmers and agriculture sector would be ultimate sufferers. A former President of Pakistan cotton ginners association Mohammad Azam Warriach told Business Recorder that the ginners had taken large loans from the banks on high interest rates to do business and make prompt payment to the farmers for purchase of the phutti. He said the ginners are under pressure to sell their product in order to curtail their financial liabilities as the spinners might prefer to import cotton.


Added: February 24, 2009 Source: Agencies







Highlights of the Foreign Trade Policy

The Hon’ble Union Minister of Commerce & Industry, Government of India, had announced the Foreign Trade Policy on 8th April’05. Some of the Salient Features / Highlights of the proposals pertaining to Textile Industry in general and Handlooms in particular are. >> More


Salient features / Highlights of the Foreign Trade policy


Modern Processing Houses

The Indian Home Textile Industry has access to excellent infrastructure facilities and uses the latest technology and machinery.

Many manufacturers have set up state-of-the-art modern processing houses to roll out large volumes of high quality products to meet the international market demands and expectations. Needless to say that India’s Textile Exports have grown exponentially over the last decade.

Eco- Friendly Dyes: Use of Azo-Free Colours

The manufacturers in India are well aware that AZO free colours and dyes should be used. India has discarded the usage of banned materials in the dyeing process with safe substitutes, to ensure eco-friendliness of the products manufactured by the industry.