In an indication of its makeover, the Jute Corporation of India (JCI) is planning to join hands with Patanjali Ayurved for branding and promotion of jute products like mini shopping bags and other fashion items.
The Indian government may not need to intervene and buy cotton at minimum support price (MSP) in the current marketing season that began on October 1, with cotton prices unlikely to fall below MSP in 2016-17 season.
Fifteen per cent of India’s exports now come from textiles industry, signifying the sector’s growth, Textiles Minister Santosh Kumar Gangwar said at a press conference in New Delhi on Friday, showcasing the Ministry’s...
India, the world's biggest cotton producer, is likely to export 6.8 million bales in the 2015/16 season, up 18% from a year ago as demand from Asia is expected to improve, a senior government official said on Tuesday.
India will be forced to make large-scale government cotton purchases from farmers for a second straight year, following a cut in imports by top buyer China that has depressed prices, industry officials said.