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The 12th international textile conference begins today in Nagpur

Related Keywords: apparel, begin in Nagpur, cotton farming, delegation from Bangladesh and China, end-use industry, focus on cotton, International textile conference, organized by, progressive cotton growers, Textile, Textile Association of India

The 12th international textile conference organized by Textile Association of India (TAI) kicked off today in Nagpur. The event will be held for two days, January 17 and 18. The meeting will have 50 speakers, including delegates from Bangladesh and China. Representatives of almost 200 companies in this sector will take part in the event, said a TAI official.

Pak-Japan agreed to hold its next joint business dialogue in May

Related Keywords: Finance Minister Mohammad Ishaq Dar, Japanese Minister for Economy, Pak-Japan joint business dialogue, Pakistan textile products. investment, Pakistani textiles, special concessions, stiffer tariffs, trade and investment, Yoichi Miyazawa

Pakistan and Japan has agreed to hold next Joint Business Dialogue in the month of May 2015 in Pakistan. The agreement was reached during a meeting between Finance Minister Mohammad Ishaq Dar and Japanese Minister for Economy, Trade and Investment Yoichi Miyazawa held in Tokyo on Friday.

The finance minister briefing Miyazawa about the salient features of Pakistan's economic turnaround stated that Pakistan wanted to expand trade and investment relations with Japan. Pakistan is looking for special economic zones to be established by Japanese entrepreneurs in Pakistan.

Foreign firms expand their production line in Vietnam to gain benefits of TPP trade pact

Related Keywords: Asia-Pacific region, business opportunities, expanding production line, FDI, Foreign firm, in Vietnam, investing billions of US dollars, reduce non-tariff barriers, regional free-trade agreement . eliminating tariffs, starting production, trade pack, Trans-Pacific Partnership, Vietnamese textile and garment

Foreign firm have started expanding their production line or starting production in Vietnam investing billions of U.S. dollars in anticipation of business opportunities the Trans-Pacific Partnership will bring which is due for completion in the near future.

Pakistan cotton market failed to pick up pace

Related Keywords: cotton activity, cotton prices, domestic market, ease liquidity crunch, falling trend, ginner off load stocks, KCA, Pakistan cotton market, spot rate, under pressure, world cotton market

Pakistan cotton activity failed to pick up pace as cotton prices came under pressure on Thursday as ginners rushed to off-load their stocks in an attempt to ease their liquidity crunch and the falling trend in the world cotton markets including those of New York and India, is another factor affecting price in the domestic market.

Floor brokers said that from the outset there was selling pressure which pushed premium quality and lower grade cotton prices down between Rs50 and Rs100 per maund on ready deals. Phutti (seed cotton) prices also declined as a result.

Ending of subsidy for Egyptian cotton farmers raise concern over future yield

Related Keywords: cheaper imported cotton, cotton prices, cultivate cotton less, Egyptian cotton farmer, ending subsidies, high cultivation cost, long staple variety, low local and international demand, white gold

The Egyptian government has long given subsidies to cotton producers to make up for the gap between the high price of Egyptian raw cotton and the final price of products, which can be less than total production costs. Last week Adel Al-Beltagui, minister of agriculture and land reclamation, informed that the government will not be paying a cash subsidy of LE1,400 per feddan to cotton producers as it did last year. As, high cultivation costs, together with low local and international demand for Egyptian cotton, particularly the long-staple variety, were the main reasons behind the decision.

Pakistani exporters anticipating orders worth $70 to $80 mn at Heimtextil

Related Keywords: export industry, fourth largest exhibitor, heavy orders, Heimtextil fair, merge traditional art and modern textile design, Pakistan exhibitors, Pakistan home textile, Pakistan textile exporters association, Pakistani exporters, participating under TDAP umbrella

Home textile is one of the most important export industry of Pakistan and exhibitors from Faisalabad, Karachi, Lahore and other important textile producing cities of Pakistan partake in Heimtextil Fair, one of the largest international trade fair of world for home and contract textiles and the global benchmark for quality design textiles of innovative functionality.

Indian textile machinery market size to increase twofold by 2021

Related Keywords: government's intiative, GTTES 2015, Indian textile machinery sector, ITME society, Make in India programme, to boost, to set up textile parke, upcoing new projects, with growth in textile sector

Indian textile machinery industry likely to boost with the growth in the textile sector and upcoming new projects along with the initiative taken to set up textile parks across the country by the government which help the textile machinery market to double to Rs 45,000 crore in the next 7 years from the present Rs 22,000 crore, according to India ITME Society Chairman Sanjiv Lathia.

Moreover, the Modi government's Make in India programme is also expected to help the textile sector by way of increase in demand for modern machineries.

Etur Textile all set to export its product in Europe and American markets

Related Keywords: cotton, Etur Textile, Growth and Transformation Plan, in Ethiopia, in Europena and American markets, largest textile factory, shortage of raw material, start exporting products, to Algeria and Morocco, trial exports, Turkish textile manufacturer

Etur Textile, the Turkish textile manufacturer operating one of the largest textile factories in Ethiopia having conducted successful trial exports to Algeria and Morocco is going to start exporting its products in European and American markets.

Adil Basoglu, board member and executive director of Etur, explained that the textile factory has fully embarked on production and it will soon start exporting its products to larger overseas markets. The company aims to become the biggest exporter in the nation.

PJMA calling for immediate attention of the govt

Related Keywords: consumption and production, fiber import market, gradual drop, impacting revenue, jute export, labour intensive segment, mandatory packaging acts, PJMA, raw material dependence

As overall exports, consumption and production of jute is facing a gradual drop the Pakistan Jute Mills Association (PJMA) Secretary General Muhammad Younus has called for the immediate attention of the government. The Association demanded that the government must introduce mandatory packaging acts like many regional countries to back the industry.

FiberVisions to present new collection of WoolVisions fabrics at OR Winter Market

Related Keywords: apparels, CoolVisions, dyeable polypropylene staple fibre, FiberVisions, HerMin Textile, Outdoor Retailer winter market, Taiwanese spinner, weaver and dyer, winter sport products, WoolVision fabric collection

The Outdoor Retailer Winter Market 2015 to takes place from 21-24 January, in Salt Lake City, UT where orders are written, new accounts are found, connections are made and winter sports products brands and apparels are launched. FiberVisions, producer of CoolVisions dyeable polypropylene staple fibre, will present its collection of WoolVisions fabrics at the show.

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