INDIA: Textile Industry to Take Out Procession on July 2
According to the statistics, of the 230 lakh cotton bales produced in 2007-08, the organized sector consumed 210 lakh bales and the unorganized sector, comprising small spinning mills, 20 lakh bales. This was wrong, the PDEXCIL chairman said and added the unorganized sector consumed four times more, which the…
On export of waste cotton, Mr. Mathivanan said spinning mills sent out 27 lakh bales of waste cotton a day, of which 7.5 lakh bales were exported. This affected the open-end spinning mills, which required about 23.2 lakh bales a day. Representatives from Palladam, Rasipuram, Salem and Tirupur participated.
Source: TheHindu.com
From the Egytex news archive, first published on 21 June 2008. Figures and names are as reported at the time.