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India’s largest textile park at Warangal to soon turn into a reality

Related Keywords: Azam Jahi mills, cotton, cotton texile mills, india's largest textile park, Telangana, Warangal textile park

The Telangana Chief Minister K Chandrashekhar Rao is all set to make the proposed Warangal Textile Park in to a reality. The textile park will cover a wide expanse of about 1000 acre making it the nation’s largest textile park.

Warangal being a key producer of cotton was chosen for this project. The Govt wants to put to use the some of the land available in the premises of the now defunct Azam Jahi Mills.

China’s textile industry looking for greener pastures in Africa

Related Keywords: china and Africa, china invests in morocco, cotton price in china, Esquel, labour cost in china, Muji, Nike, Ralph Lauren, raw material in china, Textile in china, Tommy Hilfiger, Yuemei Group, Zara

Rising labour costs, raw materials and slowdown has been staring at textile industry in China for quite some time now. And a move to expand outside China is also discernible to wade of from high cost of production. The most chased location to relocate is Africa attractive for companies in terms of costs and market access.

Textile clusters to be boosted by Indian fashion designers

Related Keywords: Benarsi saree, Flipkart, Indian fashion designers, textile clusters, Textile Ministry, Textiles Minister Santosh Gangwar

India’s ace fashion designers in a meet with, Union textile minister, Santosh Gangwar are willing to lend their whole-hearted support to the government in setting-up robust design centres in the cluster area, and getting local artisans on board to deliver the product as per the designs.

The meet was focused on the need to give a boost to various textile clusters spread out across India. The designers are ready to extend their helping hand to traditional Indian textiles and handicrafts.

APTMA urges MoTI to impose safeguard measures on yarn import from India

Related Keywords: aggressive Indian marketing, All Pakistan Textile Mills Association, APTMA, India to Pakistan, international textile arena, massive subsidies, Ministry of Textile Industry, yarn import

All Pakistan Textile Mills Association (APTMA) has approached the Ministry of Textile Industry to take consequent and reciprocal measures by providing level playing field to compete with the international market place and immediately impose safeguard measures on import of Indian yarn into Pakistani commerce to stop the attrition of competitiveness of domestic textile industry.

Mandatory certification for organic textile exports put back by DGFT

Related Keywords: certification mandatory, CITI, DGFT, Directorate general of Foreign Trade, export of organic products, Organic Textiles, R K Dalmia, Texprocil, Textile Industry

The mandatory certification for export of organic products to finished textile products, including yarn, fabrics, made-ups and garments extended by the Directorate General of Foreign Trade DGFT on November 18 has been deferred.

This move came in after Texprocil had urged the commerce ministry to extend the December 18 deadline for mandatory certification to enable the sector to conform to the new procedure.

Industry has welcomed the move stating that organic textile exports would be possible now.

Indonesian to raise import tariff on finished goods covers textiles

Related Keywords: finished goods, Free trade agreement, Haris Munandar, ideal tariff system, import duties, Indonesian government, Industry Ministry’s director of Industry Climate and Quality Policy Research Center, Textile

The Indonesian government to regularize its tariffs is evaluate the possibility of raising import duties on a wide range of finished goods. According to Industry Ministry’s director of Industry Climate and Quality Policy Research Center Haris Munandar, the potential hike will cover 741 out of over 10,000 existing tariff codes in the current customs system, cover textiles.

The step will support their goal to reach an ideal tariff system where [imported] finished products are charged with higher duties compared to raw materials or intermediate goods.

Pakistan sees growth in home textile exports

Related Keywords: European duty free access scheme, exports grow, garment exports, Pakistan home textile, Strategic Trade Policy Framework, textile sector

Pakistan home textiles exports has grew to $1.1 billion from January to September – higher by $235.8 million or 27.7% over the comparative period. While, garments exports increased to $1.9 billion, showing net addition of $399 million on back of 27.1% growth due the European duty-free access scheme.

Pakistan has so far earned $910 million extra by availing the scheme, which is almost equal to the money that the country raised this month from international markets by paying almost 7% interest.

PH can now export 6200 tariff lines includes textiles

Related Keywords: 200 tariff lines, EU, European Parliament, European Union's GSP, export, export 6, General System of Preferences Plus, GSP plus, manufacturing sector, PCCI, Philippines, Textiles, zero duty

The Philippines already enjoyed benefits from the European Union's GSP, wherein 2,442 products out of 6,209 are subject to zero duty while the rest have lower tariffs. But with the European Parliament completing the process to grant the Philippines request for inclusion in the European Union’s (EU) General System of Preferences Plus (GSP+). The Philippines can now export 6,200 tariff lines, including textiles

Quote restriction by China likely to hoist quality cotton and yarn

Related Keywords: China, cotton demand, cotton import quota, global price, quality cotton, quality cotton in Australia, yarn

The decision to keep cotton import quota unchanged at 894,000 tonnes for 2015 by China the world’s largest cotton consumer it is likely that there will still be demand for cotton, even at the 40 percent tariff for non-quota imports. But the market has taken it as a bearish signal that is likely to put further downward pressure on global prices.

The benchmark second-month cotton contract on ICE Futures U.S. ended Dec. 12 at 61.07 U.S. cents a pound, up from the five-year low of 58.53 cents on Nov. 24, but down almost 28 percent since the start of the year.

Mediterranean textile sector need to set up hyper textile cluster to compete with China

Related Keywords: China, hyper cluster, Mediterranean area, SME based industry, TEX-MED Clusters project, Texfor, Textile and Clothing

Textile and Clothing (T&C) is a major economical sector in the Mediterranean area. This mostly SME-based industry accounts for a significant share of value added, employment and export revenue for many regions in this area. According to a study presented at the headquarters of the textile industry confederation (Texfor) in Sabadell, in the Barcelona province. The textile sector of the Mediterranean area should set up a 'hyper-cluster' to compete with large regions like China.

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