Mumbai (Maharashtra) [India], December 17 (ANI/PNN): The Cotton Textiles Export Promotion Council - Texprocil and the Cotton Corporation of India - CCI today signed an MoU for branding and traceability of Indian-grown Kasturi Cotton during the two-day Textile Conclave coinciding with the event Kashi Tamil Samagam at Deen Dayal Hast Kala Sankul, Badalalpur, Varanasi, UP on December 15, 2022. Speaking on the milestone, the Chairman of Texprocil, Sunil Patwari thanked the Union Minister for Textiles, Commerce and Industry, Consumer Affairs, Food and Public Distribution, Piyush Goyal for entrusting Texprocil with the responsibility of being the implementing agency for branding the premium Indian cotton Kasturi. Patwari said that despite a very strong presence in the world market for cotton, India has been unable to brand its cotton varieties so far unlike USA - PIMA Cotton and Egypt - GIZA Cotton. The Chairman mentioned that the Union Minister, Piyush Goyal and the Ministry of Textiles hav
Despite a very strong presence in the world market, India has been unable to brand its cotton varieties so far unlike the US PIMA Cotton and Egypt Giza Cotton, Texprocil Chairman Sunil Patwari said in a statement.
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2020: Egypt suffers loss in cotton business By: Click to explore our newest AI enabled Analytics. Share
The 2020 pandemic saw demand for Egyptian cotton fall due to cancellation of shipments, both for domestic and global markets. The Egyptian government took a number of steps to revive the cotton industry. A report.
Challenges
1. Export Drop
According to the Egyptian Cotton Exporters Association (ECEA), Egyptian cotton exports suddenly dropped between March 2020 and July 2020 due to disruptions from the spread of COVID-19 pandemic. India is Egypt s main cotton market. But the shipments of some 10,000 metric tonnes (MT) of cotton have been cancelled with reduced capacity of spinning mills in India. Demand for textiles and cotton products have declined both domestically and internationally