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Related Keywords: export to EU market, Georgia, investment project, Irakli Gharibashvili, Kaya Group, met Prime Minister, planning to start, textile business, Textile production, textile sector, Turkish company

Kaya Group, Turkish company involved in textile sector, is planning to start textile business in Georgia. For this purpose the management of the Turkish company Kaya met the Georgian Prime Minister Irakli Gharibashvili on January 12.

The two sides discussed the investment project which is designed by the Kaya Group to produce textile production in Georgia and export it to EU markets.

Related Keywords: Apparel Park of Pakistan, facilities to textile and garment sector, GSP Plus status, investors and industrialists, modern project, Punjab Industrial Estate Development and Management Company, Quaid-e-Azam, under one roof

Quaid-e-Azam Apparel Park of Pakistan, which will be the most modern project of its kind in South Asia, is being set up near motorway and will provide all necessary facilities to textile and garments sector under one-roof.

Punjab Chief Minister Shahbaz Sharif has called to review the progress on the project on Sunday. He said that the project would generate thousands of job opportunities and increase exports, leading to strengthening of national economy. The best facilities would be made available to investors and industrialists in this park.

Related Keywords: clean lamb wool, crossbred wool clip, high seasonal supply, largest commodity export, latest aucton, merino wool, mid micron, New Zealand, New Zealand currency, shearing season, wool, wool price

Wool is New Zealand's 14th largest commodity export, worth an estimated $741 million in the year through November. Wool prices softened at the latest auction amid high seasonal supply from the 'main shear' shearing season from December to early February. Main shear typically accounts for about 60 percent of the annual crossbred wool clip. An increase in the New Zealand dollar since the last auction weighed on exporters, with the kiwi recently touching a 2 1/2 year high against the euro and close to its record.

Related Keywords: Azimzadeh Carpets, carpet, hand made Tabriz carpets, high end, Iran Solo Exhibition, made of wool and silk, Oman international exhibition centre, sixteen century designs, using fabric with natural dyes

The Iran Solo Exhibition held at the Oman International Exhibition Centre, ending on Saturday. Carpets of different range, designs, material and sizes was the main attraction of the show as visitors crowded the stall of Azimzadeh Carpets to see high-end, hand-made Tabriz carpets.

One of their star attractions was a big wool and silk carpet with intricate floral designs costing 90,000 rials which took them five years to weave.

Related Keywords: acrylic fiber, adjusted with Cotton price, Benetton, brand GAP, H&M, holding cotton, Indian spinning companies, largest manufacturer, not great, Peter England, sewing, third quater, Uniqlo, Van Heusan, Vardhman Textile, yarn, yarn price

Vardhman Textiles is among India's largest manufacturers of yarn, sewing threads & acrylic fiber. It manufactures for brands like GAP, H&M, Uniqlo, Benetton, Wills, Van Heusen, and Peter England.

According to Neeraj Jain, Joint Managing Director, Vardhman Textiles the third quarter results are not expected to be great and revenue could be in single digits or early double digits as compared to around 18 percented reported in Q2.

Related Keywords: abolish U.S. tariff rates, Customs Union, EU market, FTA, improve supply chain, influences from free trade agreement, invest in material production, link fiber production, second largest exporter, TPP, US market, Vietnam Association of Garment and Textile, Vietnam textile and garment sector, with cloth production

Vietnam has been the second largest exporter of garment and textile products to the U.S. for the last several years. The annual export turnover from Vietnam to U.S. market has grown 12-13 percent in recent years while the North American nation’s import value has grown only 3 percent. These achievements were partly due to influences from free trade agreements.

Related Keywords: boost domestic manufacturing, investment one lakh crore, Make in India campaign, Mukesh Ambani, polyester capacity, Prime Minister Modi, RIL, Vibrant Gujarat summit

Reliance Industries (RIL) has been an inseparable part of Gujarat's success story. Over the last three decades they have invested again and again to convert a business vision into a reality. The Mukesh Ambani led-Reliance Industries (RIL) at the 7th Vibrant Gujarat summit today announced investment of one lakh crore across its businesses, including the Gujarat petrochemical complex and raise polyester capacity, in the next 18 months. Prime Minister Narendra Modi as well as captains of industry and world leaders are attending the event.

Related Keywords: Confederation of Indian Textile Industry, diversify to new product categories, fabric and apparel exports, man made fibre industry, scale up production facilities, Texfair

Confederation of Indian Textile Industry Chairman Prem Malik at the inauguration of Texfair, an international textile machinery, Spares and Accessories Expo which began in Coimbatore on January 9, emphasized on the potential of Man Made Fibres Industry.

According to CITI the Indian textile industry has the potential to cross a turnover of $ 350 billion by 2025 if it diversifies to new product categories like Man Made Fibres (MMF),

Related Keywords: APTMA, inordinate tariff rates, lay-ff textile workers, Pakistan textile exports, Punjab based textile industry, suspension of power supply

Punjab-based textile industry has been already operating in very difficult times through a combination of electricity and gas, despite serious cost-ineffectiveness due to inordinate tariff rates. Moreover, suspension of power supply over the last two days left the mills with no option but to close down two shifts and lay-off textile workers.

Related Keywords: American Chamber of Commerce Bahrain, Bahrain and the US, Bahrain textile industry, extension in FTA, Garment firm MRS Fashions, Harinder Lamba, home furnishing manufacturer, key clause, WestPoint Bahrain, yarn forward rule of origin, yarn to the fabric to the thread

Bahrain's textile industry has got a temporary relief with the extension of a key clause under the 10-year-old US-Bahrain Free Trade Agreement (FTA) as the industry’s representative from Bahrain have succeeded to convince the US authorities that the date was incorrect since the programme was not initiated until August 2006, and therefore the 10-year programme should be set to expire on July 31, next year and not December 31 this year.