The Indian government has reduced the maximum sale price of transgenic Bt cotton seeds from Rs 800 per packet earlier to Rs 740 for the second successive year to help cotton growers hit by pest attacks.
All Pakistan Textile Mills Association (APTMA) members are ready to set up 1,000 garment manufacturing plants with an investment of $7 billion to resolve the crisis in the sector, the association proposed recently.
India’s cotton exports have been gathering pace after global prices jumped to four-year highs, with traders in the world’s top producer of the fibre signing contracts in the last three weeks to ship over 1 million bales.
The state government of Tamil Nadu has allocated a sum of Rs 25 lakh to Coimbatore-based Sardar Vallabhbhai Patel International School of Textiles and Management (SVPISTM) to encourage entrepreneurship.
Inditex had another good year in 2017, despite exchange rates denting its margin slightly. But its omnichannel focus drove it to higher sales and profits, and its new COO has been tasked with maintaining that momentum
In its latest estimate of cotton crop for the ongoing 2017-18 crop year, the Cotton Association of India (CAI) has lowered the country’s cotton output by 5 lakh bales from its previous month’s estimate.