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5 Mar 2022

Cotton Industry Condition Deteriorating, Hardships Faced By Indian Textile Mills

Latest reports having coming in from Tamilnadu reports of hardships faced by Indian textile mills due to cotton shortage in the market is prevalent.

According to latest reports coming in from Tamil Nadu where reports of Indian textile mills facing hardship due to cotton shortage in market is prevalent.

According to reports coming in from Ravi Sam, Chairman, Southern India Mills’ Association, Coimbatore duties has been imposed on cotton imports.

He has further stated that the duty is which have been imposed by the government have to be removed immediately. All our international customers are not placing orders with us.

Ravi Sam, Chairman, Southern India Mills’ Association, Coimbatore has further stated that we have to be economical, keeping in mind the global scenario today. 

He has said that if it is not done than Otherwise we are finished in the old trade for that textile ministry is aware. 

Ravi Sam, Chairman, Southern India Mills’ Association, Coimbatore further stated that we require the local government to announce duty-free imports of Rs 30-40 lakh bills by the inducers.

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