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Related Keywords: diversified jute products, golden fiber, jute-based handloom industries, marketing strategy, Small and Medium Industries Foundation, technical cooperation, training course, WEAB

Small and Medium Industries Foundation (SMIF) from Dhaka has been extending technical cooperation in conducting the training course on Methods for Production of Diverisified Jute Products and Marketing Strategy from yesterday to 31 and 25 women entrepreneurs of Panchagarh district.

Deputy Commissioner of Panchagarh Mohammad Salah Uddin attended the inaugural ceremony and formally launched the training course as the chief guest with Panchagarh district unit President of Women Entrepreneurs Association of Bangladesh (WEAB) Advocate Rina Parveen in the chair.

Related Keywords: apparel export, duty free entitlement, global trade, handloom sector, Indian textile industry, integrated textile parks, largest contributing sector, lion share, organized and unorganized sector, RMG, Textile Minister, total export basket

The Indian textile industry plays an important role of the largest contributing sectors in the country’s exports by contributing nearly 13.25% to the country’s total exports basket with exports to the tune of $41.57 billion (about Rs. 2,65,100 crore) in FY2013-14.

Of which the Ready Made Garments (RMG) contributes to a lion’s share of global trade with a chunk of 55% in the total exports. India is ranked sixth with exports to the tune of $16 billion, which is around 40% of the country’s textiles exports.

Related Keywords: daily production, dip in sales, ethylene, fall in crude prices, FOSTTA, man-made textile sector, manufacture of polyester, Pandesara Industrial Association, principle ingredient, recession, Surat, textile trader, yarn price

The daily production of man-made fabrics in Surat has gone down from 3 crore metre to 2.3 crore metre in the past 20 days due to recession faced by the industry. Decline in production by at least 20 percent compared to last year, according to market sources.

The yarn prices have become unstable due to the falling crude prices. The principle ingredient used in the manufacture of polyester is ethylene, which is derived from petroleum. Due to this the industry is incurring loss of Rs 4 per metre, said Mahinder Ramoliya, a weaver from Sachin.

Related Keywords: bilateral trade, clothing accessories, Export category, fabrics, increase trade volume, Kyrgyztan, Memorandum of understanding, Textiles, Turkey, Turkish Statistical Authority, yarn

With the aim to increase trade volume to $1 billion the two countries Turkey and Kyrgyztan have entered into a memorandum of understanding on Friday. Two nations share common historical, linguistic and cultural ties.

Turkish Deputy Prime Minister Numan Kurtulmus speaking at the Eighth Turkey-Kyrgyzstan Joint Economic Commission, held in Bishkek, the capital of Kyrgyzstan stated that the agreement will serve as a road map to increasing bilateral trade volume to $1 billion between the two countries.

Related Keywords: cotton farmers, cotton prices, cotton trading activity, demand for export, domestic mill, Ginners, Gujarat Sankar-6 cotton, Indian cotton market, kapas, MSP, Rajkot

Weak cotton trading activity was witnessed at Rajkot, Gujarat as cotton prices remained unchanged and domestic mills were buying only as per their requirements as demand for export was seen dull.

Kapas or raw cotton declined marginally on lower buying from ginners. Gujarat Sankar-6 cotton was traded at ₹33,100-200 per candy of 356 kg.

About 45,000-50,000 bales (of 170 kg) arrived in Gujarat and 2.10-2.15 lakh bales arrived in India. Kapas lost ₹5 to ₹830-850 for a maund of 20 kg. Gin delivery kapas stood at ₹855-860. Cottonseed went for ₹355-370.

Related Keywords: cotton cleaning and drying plant, cotton cultivation, cotton in Malwa belt, high density cotton, Punjab Mandi Board

The Punjab Mandi Board to bring more areas under cotton in Malwa belt has setup a cotton cleaning and drying plant the first of its kind. The capacity of the plant is six tons of cotton drying and cleaning per hour. The estimated cost involve in setting up this plant is of about Rs 2 crore at Malout.

The plant’s entire process of cotton drying and cleaning would not involve much cost as the project has been setup on no profit no loss basis.

Related Keywords: Hunting Hall farm, Hunting Hall’s Pure Northumbrian Organic Wool, Northumberland Coast AONB Partnership, organic wool

Christmas having arrived , it was the most revolutionary attempt of Karen and Tom Burn of Hunting Hall to set out on the venture after finding that a lot of organic wool ends up muddled in with non-organic.

Karen, who hand spins and knits, knew how difficult it was to find an organic knitting wool in the shops and wanted to promote local organic wool.

But with the assistance of a grant from Northumberland Coast AONB Partnership, the wool project turned out to be a huge success.

Related Keywords: Athens, Bibetsos, Greek textile industry, Modus Vivendi

The Greeks are trying to find their way to overcome the downslide in its textile and clothing industry.The prime reasons for their downslide is improper tax policy,loss of traditional industries and most importantly no secret concept to expand.

Athens had decided to set a uniform tax rate of 26 percent. Greece's business community is ,however,never sure of how much tax they would be asked to shell out, and this hinders companies from effectively planning their investments and costs.

Related Keywords: boost investors, Cambodia silk industry, Cambodia silk market, export basket, National silk board, strengthen regulations, traditional heritage

The Cambodian silk industry is characterized by a strong skills base and a long traditional heritage. Silk is becoming an increasingly significant item in the country’s export basket and is an important source of employment for women and households in rural areas. The National Silk Board (NSB) set to open by next year aims to strengthen regulations and boost investor confidence in Cambodia’s silk industry.

Related Keywords: agricultural products, bilateral trade, India, machines and equipment, materials for garments and textiles, textiles and garments, trade partner, trade turnover, Vietnam

The Vietnam-India bilateral trade turnover in the first 11 months of the year reached US$5.15 billion, posting an 8.37 per cent year-on-year increase. The two-way turnover has increased by an average 16 percent each year since 2009, making the two countries became important trade partners.

During Vietnamese Prime Minister Nguyen Tan Dung's official visit to India in October, the two countries agreed to take measures to promote bilateral trade to reach a turnover target of $7 billion in 2018, and $15 billion by 2020.