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The 12th international Istanbul yarn fair coming up soon

Related Keywords: biggest cotton producer, Cotton Rich Yarns, Cotton Yarns, Embroidery Yarns, exhibit its product, four day event, home of yarn products, International Istanbul Yarn fair, J Korin spinning company, meeting point of region trade, Nylon Yarns, Surat based, Wool Yarns, yarn industry

The 12th International Istanbul Yarn Fair is coming up soon. It is the most comprehensive yarn fair that is hosted in Turkey and Eurasia. The fair serves as a meeting point of the region's trade and presents a clear picture about the yarn industry. The four-day event to be held in Tuyap Exhibition Centre in Istanbul, Turkey on February 5-8, 2015 organized by Tuyap Fairs and Exhibitions Organization Inc.

India’s traditional exports to be significantly affected with the depreciation of Euro

Related Keywords: affect export, apparel, depreciation of Euro, economic uncertainties in Europe, Euro zone, Exports and traditional sectors, FIEO, India, M Rafeeque Ahmed, machinery, President of FIEO, Textile

Euro Zone accounts for about 18.5 percent of India’s exports and traditional sectors. The sharp and deep depreciation of the Euro would affect India’s exports to Euro Zone significantly According to Federation of Indian Export Organizations (FIEO).

Sectors of exports that are heavily concentrated in the Euro Zone are apparel (USD 6.4 billion), other textiles (USD 5.6 billion), leather and leather products (USD 3.2 billion), gems and jewellery (USD 4.0 billion) and machinery (USD 5.5 billion).

Putthanatham RGM units working out new designs and marketing techniques to stay competitive

Related Keywords: inhouse designers, manufacturing readymade garment unit, new designs and marketing techniques, Putthanatham village, stay relevant, stiff competition, tailoring unit, textile showroom

Manufacturing readymade garment units of Putthanatham village in Manapparai Taluk in Tiruchirappalli District of Tamil Nadu have been coming up with new designs and marketing techniques to stay relevant in the market against the stiff competition The new design initiative covers materials both for men and women.

The village till a few decades ago had more than 100 tailors working on any given day.

Raymond records good escalation in its textile segment

Related Keywords: brand building, largest retail network, leading brands, life style business, new store roll out, offer end to end solution, Park Avenue, Parx and Color Plus, Raymond, Raymond Premium Apparel, textile and fashion space, textile segment, top line growth

Raymond, one of the largest exclusive retail networks in the textile and fashion space in India offering end-to-end solutions for fabrics and garment has significantly stepped up its new store roll-outs.

Gautam Hari Singhania, Chairman and Managing Director, Raymond Limited, said that the Q3 commenced with subdued consumer sentiment, which gradually improved during the latter part of the quarter. They registered a good top line growth driven by strong performance in the textile segment.

Tex Trend 2015 largest textile show of Asia was declared open on Wednesday

Related Keywords: apparel, boost manufacturing, exhibitors across India, home furnishing, largest textile show in Asia, Make in India, Minister of State for Textile, rayon, Santosh Kumar Gangwar, silk, synthetic, Tex Trend 2015, Threads and Fabrics, yarns

The 5th edition of Tex-Trends India 2015 was declared open with the inauguration by Minister of State for Textile, Santosh Kumar Gangwar at Pragati Maidan (ITPO), in New Delhi on Wednesday. This event has exhibitors from across the length and breadth of India, including Tamil Nadu, Maharashtra, Bengal, Rajasthan, Uttar Pradesh, Gujarat, Madhya Pradesh and Punjab.

The show will also have theme area made by TEXPROCIL, NJB, EPCH, SETEPC, DISHA, CEPC to showcase uniqueness and strengths of the India's Textiles Industry.

New textile policy likely to be announced after Budget 2015 will give new direction to textile sector

Related Keywords: agro textile, CMAI, expand production capacity, geo textile, Indian textile sector, National Garment Fair, New national textile policy, Technical textile, Textile Commissioner, Textile parks

The new national textile policy is almost ready and is expected to be announced immediately after the Union Budget. Textile Commissioner Kiran Soni Gupta informed after inaugurating the 60th National Garment Fair organised by Clothing Manufacturers Association of India (CMAI) in Mumbai.

The textile sector will get a new direction and a huge support from the new policy as it has outlined all the aspects - the vision, strategy and the action plan.

Vietnam unlikely to get much benefit from Russian FTA

Related Keywords: challenge for local exporters, devaluation of ruble, granting Vietnam preferential export tariffs, Russian standards higher than EU, textiles and garments, Vietnam and Russian FTA, zero percent tariff

The final negotiation between Vietnam and the Customs Union of Russia, Belarus and Kazakhstan on their free trade agreement (FTA) concluded last month is expected to sign the agreement early this year granting Vietnam preferential export tariffs on textiles and garments, agricultural produce, seafood, footwear and furniture. With the effect of FTA, many of those products are expected to enjoy zero-percent tariffs.

RoK firms to invest into Tay Ninh IPs mainly in garment textile sector

Related Keywords: Boi Loi park, explore investment climate, foreign direct investment projects, incentives and regulations, local industrial parks, RoK garment textile businesses, Southern province of Tay Ninh, textile and support industry, working session with Tay Ninh authorities

The southern province of Tay Ninh is taking maximum efforts to attract investments to its textiles and support industries in a bid to boost the province’s economy and promote these sectors. In response to their efforts, a delegation of 12 garment-textile businesses from the Republic of Korea (RoK) on January 27 had a working session with authorities of southern Tay Ninh province to explore the investment climate at local industrial parks.

Botswana textiles to US increased by over 50pc under AGOA

Related Keywords: advantage of AGOA, Botswana companies, Botswana exports to US increased, Botswana textile and apparel, Carapparel, lack of raw material, relatively low cost of labour, seven largest textile exporter, US department of commerce, US rules of origin, USAID

Botswana companies have failed to take full advantage of AGOA because of lack of raw materials and complications arising from US rules of origin despite of that according to the statistics from US Department of Commerce, Botswana exports to US under the African Growth Opportunity Act (AGOA) increased by 53 percent from $5.5 million (P52 million) to $8.5 million (P80 million) in the first 11 months (Jan-Nov) of the year, mainly on the back of increase in textile and apparel.

APTMA vex over govt’s lack of interest in promoting and protecting textile industry

Related Keywords: APTMA, fifty percent at standstill, flooding of imported cloth, Pakistan textile policy, pakistan weaving industry, regional countries, smuggled cloth, textile specific subsidies by India

The weaving industry of Pakistan has come to standstill by fifty percent due to the flooding of imported as well as smuggled cloth from regional countries. Moreover, the Pakistan textile policy 2014-19 has not seen daylight despite eight months of current fiscal, reflecting lack of interest of the federal government in promoting and protecting textile industry.

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