The price of garments will rise due to the rise in msp of cotton, exports can also be affected - raising msp of cotton will increase the price of garments

The rise in the minimum support price (MSP) of cotton will certainly benefit the farmers who cultivate cotton, but the clothing or clothing made of cotton is expected to be expensive. This increase is also expected to affect textile exports. Textile contains yarn and garment all three. Jagran Bureau, New -Delhi. The rise in the minimum support price (MSP) of cotton will certainly benefit the farmers who grow cotton, but the clothing or garment made of cotton is expected to be expensive. The possibility of exports that also affect the export of textile will also be influenced by this increase. Textile contains all three yarn, dust and garment. India performs these three items separately. But from these garments, the construction creates the most employment. Seven percent increase in MSP has recently increased its MSP by seven percent for the upcoming cotton season (October-September). The msp of long cotton was increased from 7521 quintal to 8110 and medium cotton -msp was increased from 7121 to Rs 7710 per quintal. Yarn, dust will become expensive as the price of cotton rises. Gujarat and Punjab entrepreneurs -Punjab believes that the increase in msp of cotton can increase the price of garment from cotton fabric by up to five percent. As the price of cotton rises, everything will be expensive, although the manufacturers of clothing have also said that if they are ready for their profits, the price of garment will have to be increased very slightly. Confederation of Indian Textile Industries (City), on the other hand as the garment of other countries in the world to be built in India, believes that the growth of MSP is mainly influenced by the export of textiles. Because the cost of cotton in the global market is less than the price of domestic cotton. Former city president Sanjay Jain said that if the price continues, even after October, the garments built in India will be expensive than the garments of other countries in the world, as the price of cotton in India will be higher than other countries in the world. 50 percent of India’s importance in the export of garments in India has more than 50 percent in India’s export of garments. Countries such as China, Bangladesh, Cambodia, Vietnam are competing in the export of garments to India, although the export of clothing has risen by 10 percent to $ 16 billion in the past financial year 2024-25 compared to pre-financial year 2023-24. The export of cotton yarn and materials increased by 3.10 percent over the past financial year.