![]() Financial Daily from THE HINDU group of publications Tuesday, Feb 26, 2002 |
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Agri-Biz & Commodities
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Cotton Plan to improve cotton quality Our Correspondent
MADURAI: The need to enhance the quality of indigenous cotton and to reduce costs by the textile industry were highlighted at a workshop on `Quality and Compliances' organised by the Textile Committee here last week. The Union Secretary of Textiles, Mr S.B. Mohapathra, in his address at the workshop said textile industry accounted for 20 per cent of manufactured goods and 35 per cent export earnings in the country. Though it has been passing through a recessionary phase, it cannot be allowed to sink. There was a need for the industry to reorient itself to changing conditions where quality and costs mattered most. The Government would be launching a contract farming programme to improve both productivity and quality. A meeting of farmers, spinners and mill owners was underway to decide on basic standards of cotton in the country, he said.
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