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In the 1980s and upto mid 1990s
when the country had surplus cotton for export,
CCI had the distinction of single largest exporter
of cotton from the country in terms of export
quotas allotted by Government from time to time.
While the benefits of such large scale exports
were passed on to the cotton growers in the form
of remunerative prices for their kapas produce,
CCI also struck a close rapport with overseas
buyers through supply of bulk quantities
of quality cotton within the shipment schedules.
Since cotton season 2001-02, exports of cotton
have been placed under OGL in consistency with
WTO Rules and feasibility of exports from
the country is now directly linked to producing
surplus cotton with parity in prices and
quality of international standards.
Since 2004-05, with increased cotton
production in the country, cotton exports from the country are again surging
ahead and CCI having own infrastructure, export
experiences, as well as confidence of the overseas
buyers, is availing all export opportunities with
special emphasis on neighbouring Bangla Desh and
countries in the Far East. While fulfilling
its export commitment, CCI pursues mainly the
following objectives:
- To ensure a remunerative prices
to the cotton growers
- To bring about stability in the
domestic market
- To install confidence among overseas
buyers as a reliable shipper of quality
cotton
For making all shipment strictly
within the schedules, CCI has constructed a most
modern godown complex at Kalamboli, near JNPT
Port at Navi Mumbai. After confirmation
of approval, the contracted cotton is transported
to this godown complex which has sufficient infrastructure
of handling the containers inside the premises.
Export Sales are confirmed through
daily offers from overseas buyers against global
tender for staple cotton. The "daily
sale quotes” are available on CCI’s
website http://www.cotcorp.gov.in
and offers from buyers are considered by a High
Level Committee and replied on the same day both
for confirmed sales and Counters.
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