ERODE: Textile industry in Tamil Nadu will come together in Erode on July 2 for a rally and meeting to highlight issues they confront. This was decided this at a meeting of representatives of various organisations, which it held here recently. The representatives also decided to urge the Union Government to regulate the cotton export and ban waste cotton export.
M. S. Mathivanan, chairman, Powerloom Development and Export Promotion Council (PDEXCIL), said the Union Government permitted cotton export based on Cotton Corporation of India’s statistics, which was wrong.
According to the statistics, of the 230 lakh cotton bales produced in 2007-08, the organised sector consumed 210 lakh bales and the unorganised sector, comprising small spinning mills, 20 lakh bales. This was wrong, the PDEXCIL chairman said and added the unorganised sector consumed four times more, which the Government had not taken that into account. The organised sector’s consumption and unorganised sector’s actual consumption created a deficit of 60 lakh bales.
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.