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Avatar for Jim.Robinson By Jim.Robinson|April 22, 2010

Bloomberg

Patrick McKiernan

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India’s cotton output will rise to a record 25 million bales in the year starting August 1 from an estimated 23.5 million a year earlier, a U.S. Department of Agriculture unit said.

India’s domestic consumption will increase to 20.1 million bales from 19.2 million, the USDA’s Foreign Agricultural Service said in a report issued on its Web site.

(Story found in original format here.)

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Avatar for Anonymous Anonymous says:
September 26, 2011 at 3:40 pm

I doubt the figure 25 million bales when Indian farmers will be ripped off by being forced to sell in cheap prices to domestic spinners only.

Reply
Avatar for Anonymous Anonymous says:
September 26, 2011 at 3:40 pm

This is a very good decision take by Indian Govt. as it will lead to reductionn of garment prices and also remove the middle men and middle countries which import cotton from India ( suppose Pakistan or China or Bangladesh) and add their freight from cotton import upto their desired location (Ocean freight or land transport from India to Pakistan increases the cost by 40%, by 60% for Bangladesh and 10% for China) + import duties (which are as high as 60% in Pakistan) + higher labour costs than India and also very high tax rates (labour costs as per Pakistan Textile Committe is found to be as follows::Pakistan:8.1 Bangladesh: 3.3 China:0.8 India:0.5).All this results in high cost of clothes which customer has to bear even in such economic depression. India is the 2nd largest manufacturer of cotton and labour costs are cheaper in India as compared to Bangladesh and China, only that India is not well promoted and represented in Europe and Amercia,but ban on cotton exports will cause garments being maufactured in India at much cheaper costs.We are ourselves a Germany based garment manufacturer having factory in India and are greatly benefitting from our investments, and that is the reason many garment manufacturers from our country: Germany and Austria are moving their factories from Pakistan and Bangladesh to India.

Reply
Avatar for Anonymous Anonymous says:
September 26, 2011 at 3:40 pm

This is a sowing season in India and prices are prevailing low this will have a psychological impact on farmer and few of farmers may rethink before going for cotton sowing. May all the readers please remember that in the year 2015 the world will face acute food shortage, hence it is advisable simultaneously India and other countries should also concentrate on wheat, rice, maize.
Narendraa Dave
Spinwin Cotton Co,
Coimbatore, India

Reply
Avatar for Anonymous Anonymous says:
December 22, 2011 at 1:40 am

I doubt the figure 25 million bales when Indian farmers will be ripped off by being forced to sell in cheap prices to domestic spinners only.

Reply
Avatar for Anonymous Anonymous says:
December 22, 2011 at 1:40 am

This is a very good decision take by Indian Govt. as it will lead to reductionn of garment prices and also remove the middle men and middle countries which import cotton from India ( suppose Pakistan or China or Bangladesh) and add their freight from cotton import upto their desired location (Ocean freight or land transport from India to Pakistan increases the cost by 40%, by 60% for Bangladesh and 10% for China) + import duties (which are as high as 60% in Pakistan) + higher labour costs than India and also very high tax rates (labour costs as per Pakistan Textile Committe is found to be as follows::Pakistan:8.1 Bangladesh: 3.3 China:0.8 India:0.5).All this results in high cost of clothes which customer has to bear even in such economic depression. India is the 2nd largest manufacturer of cotton and labour costs are cheaper in India as compared to Bangladesh and China, only that India is not well promoted and represented in Europe and Amercia,but ban on cotton exports will cause garments being maufactured in India at much cheaper costs.We are ourselves a Germany based garment manufacturer having factory in India and are greatly benefitting from our investments, and that is the reason many garment manufacturers from our country: Germany and Austria are moving their factories from Pakistan and Bangladesh to India.

Reply
Avatar for Anonymous Anonymous says:
December 22, 2011 at 1:40 am

This is a sowing season in India and prices are prevailing low this will have a psychological impact on farmer and few of farmers may rethink before going for cotton sowing. May all the readers please remember that in the year 2015 the world will face acute food shortage, hence it is advisable simultaneously India and other countries should also concentrate on wheat, rice, maize.
Narendraa Dave
Spinwin Cotton Co,
Coimbatore, India

Reply

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