Coimbatore, Aug 3 (KNN) The Indian Cotton Federation in association with the Indian Cotton Association, Bathinda is organising a two-day conference on Cotton Challenges Ahead 2022.

The conference will be held in Coimbatore on Aug 5-6.

More than 400 cotton ginners, brokers, spinners, and traders from across the country are expected to attend the conference. The event will be inaugurated by Textile Commissioner Roop Rashi.

The two-day conference will conduct a session on global cotton scenario, ELS cotton and spinning technologies. There will also be various panel discussion with all the stakeholders from different segments of the cotton sector.

While speaking about the importance of the event, J. Thulasidharan, president of Indian Cotton Federation, said India moved from a cotton surplus to cotton deficient country this season. This should not repeat. Similarly, if funding support was available, textile mills would buy and store cotton in the beginning of the season. If the government extended support, it would be a win-win situation for farmers and the mills. The conference would pass resolutions on these subjects and submit them to the government.”

The cotton prices have been hovering around 1 lakh per candy since May. This has forces many mills to halt their operations temporarily and has led to huge losses to the sector.  (KNN Bureau)