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PDEXCIL Urges The Government To Stop Exports Of Cotton

2012/3/22 10:18:00 9

India local time on March 17th, India loom development and Export Promotion Committee (PDEXCIL) said that, as the current export situation has exceeded expectations, the agency has urged the government to stop immediately.

cotton

Exit,

PDEXCIL vice chairman (South District) M Duoli Sami said that before allowing cotton to further export, the government should first guarantee that cotton can meet domestic demand.

market

The domestic demand is 26 million packages (about 170 kilograms per pack).

It is understood that the India General Administration of foreign trade (DGFT) cancelled cotton in March 12th on the grounds that there were still 8 million 400 thousand packages of export surplus.

Exit

Prohibition.

However, Mr. Dulai Sami said that at present, India has exported 9 million 500 thousand bales of cotton and its export surplus has been exhausted.

In addition, Mr. Dulai Sami urged the government of Tamil Nadu to propose a solution to solve the electricity crisis as soon as possible at the 2012 Textile Expo (Texpo2012) held in Madurai (Madurai).

He said that the current electricity shortage has seriously affected the development of the power loom industry, and to stop the protest of Khurram nuclear power project to reach an acceptable plan will be an important step for the government to solve the power shortage problem.

It is understood that the annual

Fabric

The Home Textile Expo Texpo2012 is jointly organized by the India loom development and Export Promotion Committee (PDEXCIL) and the India textile Commission Coimbatore office.

Last year, the Expo responded well, reaching a total of about 600 million rupees and several subsequent orders.

In addition to the promotion of loom products, the exhibition also provides buyers with opportunities to communicate directly with manufacturers and avoid the involvement of middlemen.

Therefore, buyers can purchase products near the cost of production according to requirements.