India National Handloom Development Company Allows Imports Of Cotton Yarn Precursors

To relieve Hand spinning machine And the problems faced by the small traditional weavers in the power loom department, the India textile department decided to intervene and take the initiative measures to increase the quality of raw silk to supply the knitter at a stable price, and to import 3A grade and above grade raw silk by duty free. During this period, it also protected the interests of India cocoon producers and silk curls.

At the request of the Ministry of textile industry, the Inland Revenue Department issued a NO.80/2010 customs notice in August 10th, allowing the import of 2500 tons 3A of cotton yarn and the import of superior raw silk through the national handloom development company, which was confirmed by the Ministry of textiles.

India's current Raw silk The output is about 19000 tons, and the total demand is close to 29000 tons. This gap is met through imports of raw silk, mainly imported from China, with a basic tariff of 30%. The gap between supply and demand in India will continue, both in terms of quantity and quality, and will continue until R & D efforts and extended production begin to increase significantly, despite the increase in domestic raw silk production in fiscal year 2009-10.

At the same time, the supply chain of raw silk, especially imports, was controlled by several large traders. market price Without considering global prices. Over the past year, the price of raw silk has fluctuated significantly, leading to the tension of weaving centers such as Bernar Les and Kancheepuram.

The purchasing and pricing process of raw silk is being formulated, and the raw silk is allocated to the weaving machine and the weaving machine of the power loom. An appropriate pricing and monitoring weaving will also be introduced to protect the interests of all stakeholders, including India's cocoon breeder and silk yarn producers.