The Deadline Has Passed, And Cotton Exports In India Have Not Reached The Target Set.

According to rough estimates, by December 15, 2010, the number of cotton exports in India was 250-300 bales.

The government of India has decided to export 5 million 500 thousand bales of cotton from November 1, 2010.

Exporters who have the export licence certificate (EARC) can export cotton.

The time limit for shipment is 45 days from the date the government issues the export license, or by December 15th.

Informed sources said it was clear that by the end of December 15th, the 5 million 500 thousand package export target had not been completed.

As of December 16, 2010, the India government issued a licence of about 5 million 20 thousand bales of cotton, 170 kilos per pack.

The government refused to issue licences for about 270 thousand bales of cotton.

Officials of the office of the Commissioner of textiles were informed that 5 million 20 thousand bales of cotton were allowed to export before the deadline for December 15th.

Although it will take several weeks to know the exact number of exports, it is estimated that the export volume will be 250-300 bales before the deadline for December 15th.

The government allows 5 million 500 thousand bales of cotton exported, so there are still 250-300 packages without export.

Mr. Josh, government Commissioner for textiles in India, said the government needed to receive

Mr. Josh is also chairman of the India Cotton Advisory Committee. He said that the committee was on 2010/11

Until the end of January next year, the government will not decide whether to continue exporting 250-300 million packages of unexported cotton. The cabinet ministerial meeting will decide according to the situation at that time.