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The government's decision to indefinitely suspend registration of raw cotton export shipments from Monday would have little impact on domestic cotton prices as most of the exports for the current cotton season have been committed, trade and industry officials said in Kolkata on Tuesday.

A ban on cotton shipments from India, the world's second-largest grower and exporter, may affect as many as 2.5 million bales of the commodity, the Cotton Association of India said in an e-mailed statement.

The government Friday lifted ban on exports of almost all varieties of raw cotton and cotton waste, but henceforth, exporters will have to apply for a license.

The Government is further tightening the screws on cotton exports, coming on top of an export duty of Rs 2,500 a tonne imposed recently.

Indian apparel manufacturers are facing steep price hike and serious shortage of fabrics and urged the government to introduce some sort of control mechanism to prevent uncontrolled exports of yarn and cotton from the country.

The Cotton Textiles Export Promotion Council (TEXPROCIL) urged the Government should consider giving additional benefits to the downstream Garment & Home Textile sectors so that they can tide over the temporary crisis rather than seek imposition of a tax on exports of Cotton Yarn.

The Apparel Export Promotion Council (AEPC) has said the government's decision to suspend sops for export of raw cotton and cotton yarn will have a sobering impact on booming fabric prices.

Terming government's decision to withdrawn the Duty Drawback on exports of cotton yarn a blow to exports, Texprocil, an international marketing organization recently urged the government to restore the scheme.

The working of Indian businesses has been severely dented by a 40 percent hike in prices of cotton yarn, tumbling values of dollar and euro against the Indian rupee and a sharp increase in minimum wages for workers in the national capital, said Apparel Export Promotion Council (AEPC) in a release on Tuesday.

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Bangladesh's spinners are trying to import cotton yarn and raw cotton from Africa, Austria, the US and Brazil after India recently imposed a ban on its export.

The textile industry has divided over the government's decision to withdraw the Duty Drawback on exports of cotton yarn with different industry bodies recently giving chalk and cheese views on the issue.

A textile industry body has cautioned the government that lifting ban on cotton exports from the country at this moment will have "disastrous" consequences for the Indian textile sector.

The government's move to ban cotton exports is to bring down its prices and to prevent its shortage in the domestic market, said Union Textile Minister Dayanidhi Maran.

The Indian Jute Mills Association (IJMA), the apex body for Indian jute mills, urged the government to impose immediate ban on raw jute exports to ensure domestic availability of the raw material.

Confederation of Indian Textile Industry (CITI) has expressed its anguish at the withdrawal of export incentives on cotton yarn.

The hosiery industry has urged the government to take steps to reduce the prices of cotton yarn and ensure domestic availability of the raw material by cutting down exports.

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