Heavy and incessant rain that has been lashing one or the other part of the district, has had an adverse impact on cotton farmers. The rain water accumulated on the cotton farm, transforming it into a mini-tank, reflecting the damaged cotton rolls which had turned black.
Expecting heavy returns, majority of the farmers in the district opted for cotton farming despite warning by the agriculture officials that excess production may land them in trouble. It was estimated that cotton was grown in about 2 lakh acres in the district. During the last year, the farmers had followed the advice of the government and sown soya bean but incurred losses, while cotton had fetched better price in the market owing to crops being hit by pests in Punjab and parts of Pakistan. With the previous experience in mind, this year the farmers opted for cotton cultivation taking it to excessive production. But the rains hit them so hard that every cotton plant that had developed cotton balls, turned black. Each affected plant had about 20 to 30 cotton balls.
It was expected that farmers may lose between two to four quintals of cotton per acre incurring losses between ?10,000 and ?20,000. The worst hit among the farmers are tenants who took lands on lease for cultivating cotton. A farmer in the mandal had leased out as much as 70 acres land with an amount ranging between ?10,000 and ?15,000. “We do not know how to repay the loans taken from private persons with an interest rate of ?3 per month per ?100,” said Raju, a farmer.
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The textile industry associations have demanded availability of electricity at Rs 8 per unit and gas at Rs 600 MMBTU, inclusive all taxes and Gas Infrastructure Development Surcharge (GIDC) respectively to make their products competitive internationally. Besides, they have sought new connections of electricity and gas for the export-oriented industrial units. This demand was made in a meeting of the Federal Textile Board chaired by the Federal Commerce Minister Khurram Dastgir Khan. Next meeting of the Board will take place on 29th August, to finalise the decision.
Those who attended the meeting included All Pakistan Textile Mills Association, Pakistan Readymade Garments Manufacturers and Exporters Association, Pakistan Hosiery Manufacturers Association, All Pakistan Textile Processing Mills Association, Pakistan Textile Exporters Association, Pakistan Denim Manufacturers Association, Pakistan Bed wear Exporters Association and others.
They said the industry in Pakistan was paying two surcharges on electricity, namely, the Tariff Rationalization Surcharge at Rs 3.10 and Financial Surcharge at Rs 0.43 per unit, which have increased their cost of doing business. “The prime minister had announced a reduction in the electricity rates but the relief has only been provided on account of fuel adjustment,” they pointed out.
Ogun State Government has signed a Memorandum of Understanding (MoU) with Arewacotton Limited, an indigenous natural fibre company, to produce, process and market cotton in the state. The partnership is expected to empower 5,000 indigenous cotton farmers and their dependants and also engenders multiple investment opportunities estimated at billions of naira.
The MoU was signed between Governor Ibikunle Amosun represented by the Secretary to the State Government (SSG), Taiwo Adeoluwa, and the Chairman of Arewacotton, Professor Michael Olayiwole, at the Governor’s Office, Oke-Mosan, Abeokuta on Wednesday following the increasing market of cotton from local textile industries as well as exports.
They have always not been in doubt that the only way to put more money in the pockets of their people and to tackle the restive and large youth unemployment is to develop agriculture. It would help them to keep their communities calm and ultimately it will improve their security initiatives.
The Government of Nepal has urged the European Union to extend the Generalised Scheme of Preferences (GSP), to support the domestic economy that is recovering from the effect of devastating earthquake last year. The plea has been made as the EU is planning to phase out GSP facility to the least developed countries (LDCs) beginning next year.
Under its reformed GSP law, adopted on October 31, 2012, the EU has been offering zero-duty facility for products (except arms and ammunitions) manufactured in the LDCs for import to the 28-nation European market. But, this has not led to a drastic increase in the share of preferential import in the European market.
One reason for LDCs failing to significantly increase their exports to the EU is that the GSP facility is available only to LDC products with 30 per cent value addition.
More than 20 apparel companies have applied for building their factories in the Chittagong Apparel Zone. The apparel zone is proposed to be set up on over 10 acres of land in the port city of Kalurghat, located several miles north of Chittagong. The project, to be executed by the Chittagong City Corporation (CCC), will have around 10 seven-storey buildings.
The project is a joint initiative of CCC and Bangladesh Garment Manufacturers and Exporters Association (BGMEA). It would be financed by BGMEA members. However, the floors (approx. 20,000 sq ft each) would be allotted to factory owners by the CCC for a period of 30 years, subject to renewal of contract every five years, Bangladeshi media reported.
Several readymade garment units that need relocation as identified by various safety assessments, including those carried out by the Alliance for Bangladesh Worker Safety and the Accord on Fire and Building Safety, will get priority in setting up their factories in the apparel zone.
Vigorous global competition is among the main challenges for the textile and clothing manufacturing companies in Europe. European entrepreneurs are taking substantial measures to keep production in Europe and remain competitive, with innovation becoming business models and opting for advanced know-how in production processes.
Speaking about challenges facing the European textile and garment manufacturers and how Euratex is helping them doing to overcome them, Serge Piolat, president at Euratex said, “The European textile and clothing industry is a highly technological and innovative sector, which is unfortunately, not yet reflected in the overall image of our sector.”
“Sustainability has become the motto for European businesses. Their products are manufactured with respect to the environment, consumer safety and labour standards. Euratex is taking significant efforts to boost communication about the excellence of European products and their innovation and responsiveness to social and environmental challenges,” he told Fibre2fashion.
There are 174,000 textile and clothing production companies, mainly SMEs, ensuring 1.7 million jobs. In 2015, its enterprises reached a turnover of more than €169 billion. The EU is the second-largest world exporter of textiles and clothing after China, with more than 28 per cent of sales outside Europe.
The next edition of the Yarn, Fabric & Accessories Trade Show (YFA) Show which begins November 23, 2016 will have an exclusive Denim Zone, where 20 top Indian denim fabric makers will exhibit their denim innovations. Additionally, the organisers are holding ‘YFA Talent’, a fashion designing contest for upcoming designers from fashion designing institutes.
In association with TIT Bhiwani and the Textile Association of India (TAI), another initiative is ‘Titoba’, an alumni meet, where more than 800 top industry professionals will meet on the sidelines of the show.
The fair is organized by Vision Communications, supported by the Northern India Textile Mills Association (NITMA) with AEPC (Apparel Export Promotion Council), TA(I) (Textile Association of India), PDEXCIL (Power loom Development Export Promotion Council), CMAI (Clothing Manufacturers Association of India), FOHMA (Federation of Hosiery Manufacturers Association), NAEC (Noida Apparel Export Cluster), NITRA (Northern India Textile Research Institute), U.P. Apparel Exporters Association and PTA Users Association as supporting associations.
KOLKATA: The centurie sold fabric of muslin is now going overseas. West Bengal Khadi & Village Industries Board has joined hands with the Italian government to exhibit some of the iconic traditional handloom and handicrafts from the state in Rome and Milan this coming September.
Along with muslin sarees, baluchari sarees, and sitalpati and dokra artefacts would form part of a month-long exhibition spread across two of these biggest fashion destinations in the world. The formalities for holding the exhibition were completed recently after the Italian consul-general in Kolkata met the chairman of the Khadi Board.
Since becoming chief minister, Mamata Banerjee has been putting in efforts towards revitalising the handlooms and handicrafts industry of the state. As a result of her initiative, the revenue flow of the sector has improved. About 11,000 people have been given loans to produce more and better products. About 3,000 people have been engaged by the state government to revive the muslin industry, specifically. All these efforts have enabled a lot of people become self-sufficient.
Cotton production in India’s biggest cotton producing state Maharashtra, which accounts for almost 25-30 per cent of India’s cotton output is likely to drop 10-15 per cent in this season. Reasons include delay in sowing of cotton because of a late monsoon and also a partial switch by farmers in Vidarbha and Marathawada to alternative crops.
“In the primary cotton-growing belt of Marathawada and Vidarbha, due to a delay in rains, farmers switched to other crops like soya bean, which will lead to cotton output falling 10-15 per cent” minister of agriculture Pandurang Phundkar said.
“But, the shortfall in production of cotton along with more demand, will garner higher returns for farmers,” media reports quoted the minister as saying.
The monsoon has arrived late in a few regions of Maharashtra in this season, which is not friendly for the cotton crop.
With per capita consumption of technical textiles in the country at 1.7 kg as against 10 to 12 kg in developed countries, the potential is huge for the sector, said Sanjay Chatrath, president and chief executive officer of Tire Cord and Polyester Yarn, SRF Limited, here on Friday.
He was speaking at the inaugural of a two-day conference on “Industrial Textiles – Products, Applications and Prospects” organised here by the Department of Textile Technology and Automobile Engineering of PSG College of Technology.
Asia Pacific is the largest market for technical textiles, accounting for more than 40 per cent market share. The Indian technical textile industry is growing at 20 per cent year-on-year. The industry is witnessing a shift from use of conventional fibres to high performance, speciality fibres. Carbon fibre based composites are making rapid progress in not only aerospace and sports industries but also in textile equipment.