India's Cotton Exports Will Lead To The Collapse Of Small Businesses In China

　　 India The textile industry believes that the government's announcement of the liberalization of cotton exports is an immature decision. They expressed concern that the decision of the government would threaten the survival of the domestic cotton textile industry when the textile industry just started to improve.

A. Sakthivel, President of India's Rupp Exporters Association (TEA), said at a news conference that India will release cotton exports from October 1st, which will bring disaster to the entire textile industry, especially the export of Rupp's knitwear. enterprise It will suffer heavy losses. Last year (2009-10) cotton exports were unrestricted, and the price of cotton yarn rose, which severely hit Rupp's knitting export enterprises.

Sakthivel said he had sent representatives to the Anand Sharma to ask him to re examine the situation and not to approve the free export of cotton in October 1st. In addition, cotton exports had to be released after January 15th.

At the same time, the South India Textile Mills Association (SIMA) has expressed concern that the association said more than 500 small textile factories and the corresponding production capacity in the value chain will be forced to close because of the lack of high-quality cotton. J. Thulasidharan, the president of the association, said they had to wait for new cotton to go public.

Insiders say that the government has approved the export of 8 million 500 thousand bales of cotton in 2009-10 years, but cotton The initial export estimate of the Advisory Committee was 5 million 500 thousand packs. This led to the shortage of high quality cotton at the end of the year.