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INDIA: NAFED sells 30,000 cotton bales through tendering process

The agricultural departmental arm of the Government of India, National Agricultural Cooperative Marketing Federation (NAFED), had decided to dispose off the cotton bales procured by it and stored in different warehouses across Maharashtra. NAFED had planned to sell around 53,201 cotton bales (1 bale=170 kg) in its possession in Maharashtra and are a part of the purchases made in the new cotton season (2008-09). NAFED, till date has purchased 35 lakh bales from across all cotton growing centre’s in the country. Fibre2fashion spoke to a senior company official who said, “Tender was declared open on March 4, and decision to dispose 30,000 bales to three different parties was taken at the rate of Rs 19,300 per candy. Other bids were not negotiable so were not approved”.

 

Added: March 7, 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.