Friday, April 19, 2024
HomeNews & ViewsBusiness FocusUzbekistan to prioritize local cotton for their textiles industry

Uzbekistan to prioritize local cotton for their textiles industry

uzbekistan-cottonOver the marketing year (MY 2020-21), Uzbekistan expects to grow around 3.1 million cotton bales. A survey from the international textile MagazineTextilegence says its area of cotton cultivation is 980,000 hectares. Uzbekistan plans to promote cotton not as a commodity but as a world consumer product as part of its current marketing policy. It is projected that the domestic bales in 2020/21 would be 2.75 million. Raw cotton exports, on the other hand, are forecast to hold at 50 000 tonnes.

New collaborations are being encouraged by the government of Uzbekistan for local cotton use. New textiles and factories have been authorized. Continued expansion of existing garment factories. Government authorities plan in 2020-21, as a result of the rapid increase in domestic demand, to use all local cotton production in their own textile sector within the region.

It will also provide international companies with tax, customs and land benefits through clusters to facilitate investment and vertical integration in cleaning and textiles.

YOU MAY ALSO LIKE
- Exhibition - spot_img
- Industry Associate - spot_img

Upcoming Events

Simillar News

Recent Random

Mimaki launches environmentally conscious two-step textile transfer printing solution TRAPIS

Mimaki’s new textile pigment transfer printing system, named TRAPIS, makes significant savings on wastewater compared to conventional methods Latest innovation also broadens application possibilities for...

We will support the textile, RMG and other sectors for business process automation under our dynamic team

Bangladesh-based one of the largest apparel manufacturers and exporters Pakiza Group launched its new venture Pakiza Software Ltd on 20 September 2023 at the...

ITCPE 2024: Heat Transfer Printing Machine Exhibitors Preview

With continuous innovation and the growing trend of personalized consumption, heat transfer printing has become an emerging process for highly personalized printing. In recent...