ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Textile Industry s False Alarm

Textile Industry's False Alarm D P Sharma THE cotton mill industry is known to have made several representations drawing the government's attention to the acute shortage of cotton and the consequent rise in prices to record high levels eroding the operational viability of mills and threatening their closure. Completely unmindful of the serious foreign exchange constraint, the Southern India Mills' Association (SIMA) has recently pleaded for import of-a minimum five lakh bales of cotton- half of its earlier demand

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