The world’s second largest cotton industry to seek government help

From the world’s second-largest industrial country cotton cotton suppliers in India to seek government approval to 12 at the end of the cut-off within five months of exports of 662,906 bales of cotton, the Indian Ministry of Textiles said. In July, the Indian government arranged the mandatory registration of export qualified to reduce domestic prices, the traders exported 414,612 bales of cotton. Textile exporters to register the 578 eligible for export, the Indian Ministry of Textiles said on its Web site.

Last year, India lifted the import duty on cotton, a reduction of overseas sales, and promote the local textile factory supply. 9 At the end, cotton production is likely to rise 2.2 percent from a year ago to 32.2 million bags, according to the news of Cotton Advisory Committee. Bales of cotton per 170 kilograms (375 pounds). As of 9 at the end of the exports are likely to low 8.5 percent from a year ago, the state-owned Indian company’s general manager of cotton at the end of the 11 said. In 8-12 months, traders registered 56,153 packets of cotton waste export contracts, a total of 21,988 packets exported.