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Related Keywords: cotton and cotton yarn exporters, cotton yarn exports, cumbersome clerical work, Southern India Mills Association, transaction cost

Southern India Mills Association (SIMA) welcomed the government’s decision of bringing cotton yarn exports, a manufactured goods under free list by removing the mandatory registration.

T Rajkumar, Chairman, SIMA, said that the mandatory registration had been causing hardships for the cotton and cotton yarn exporters, besides affecting the image of the Nation in the global market .

The industry has been suffering during the last four years due to unwanted procedures and transaction cost.

Related Keywords: Asian manufacturing operations, expand polyester capacity, fastest-growing market, global demand, Indorama Venture Plc, Performance Fibers Asia, plan to acquire, polyester portfolio, polyester tire cord fabric, Sun Capital Partners Inc

Indorama Venture Plc (IVL) has announced that (subject to the approval of regulators) it plan to acquire the Asian manufacturing operations of Performance Fibers Asia (PF Asia) from an affiliate of Sun Capital Partners Inc.

The acquisition of PF Asia will both increase IVL's polyester capacity by 2% to 1.82mta (and expand its total capacity by 0.5% to 8.41mta) and boost its High Value Added (HVA) polyester portfolio by 15% to 322kta.

Related Keywords: Central government of India, Confederation of Indian Textile Industry, cotton yarn, demand for exports, DGFT, export of cotton, exporter, globally cotton prices, minimum support price, Secretary-General, targeted export volume

The Centre government of India has done away with the registration requirement for exports of cotton and its yarn, the exporters now need not register with the Director-General of Foreign Trade before making the shipment. The government said on Monday in two separate notifications.

Earlier, traders were required to register their targeted export volume in advance for the entire year. With the change in rules, it is likely to speed up shipments, particularly when overseas demand for cotton and yarn has dropped sharply.

Related Keywords: Bureau of Customs, Chinese textile traders, Garments, Manila and Beijing, Philippine textile manufacturer, smuggled textiles, spike in sales, Textile Producers Association of the Philippines, unfair foreign competition

Local Philippine textile manufacturers are eagerly looking forward to up to 30-percent year-on-year upward spike in sales in the fourth quarter as a result of deteriorating relations between Manila and Beijing over territorial claims.

The Textile Producers Association of the Philippines (TEXPAP) chairman Luna Go said that sales of locally-made textiles and garments were expected to peak ahead of the Yuletide.

As many native Chinese textile traders based in the Philippines had returned to China as angry words were exchanged between the two countries earlier this year.

Related Keywords: bill passed by Lok sabha, Industrial disputes act, NTC, resusciate sick mills, Santosh Gangwar, Textile Industry, Textile Ministry, Textile undertakings

The Textile Ministry is working toward resuscitating sick mills including the National Textile Corporation (NTC). The government wants to bring to profit a total of eleven mills of NTC in next three months. NTC had acquired 119 mills, out of which 78 are closed under the Industrial Disputes Act, Textiles Minister Santosh Gangwar informed Rajya Sabha.

He was replying to a debate on the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014, which replaces an ordinance promulgated some time back.

Related Keywords: apparel, Garment Manufacturing, Manufacturing Innovation Hub, new fashion epicenter, Textiles & Wearable Tech, Textiles Manufacturing

The upcoming launch of the Manufacturing Innovation Hub for Apparel, Textiles & Wearable Tech in Brooklyn will make the region a new fashion epicenter in America.

The space aims to support up-and-coming designers, encourage local manufacturing, and create jobs in the fashion industry, which currently makes up almost 6 percent of the city's workforce. It will be home to 20 to 30 businesses and up to 50 designers, and is expected to create around 300 jobs.

Related Keywords: Benin, Burkina Faso, Chad and Mali, cotton producing countries, Cotton-4, decline cotton export, global ending cotton stock, ICAC, over subsidies, policy change in China, raw cotton output, shrink significantly, world cotton trade

The Cotton-4 (C-4), the main four cotton producing countries Benin, Burkina Faso, Chad and Mali (C4) in Africa, which account for about 40 percent of the continent’s raw cotton output. have raised concerns over subsidies and trade policies after the International Cotton Advisory Committee (ICAC) said in its 2014-15 outlook that world cotton trade could shrink significantly this year and probably in years to come.

African countries have gone to WTO to seek information about trade policies; India’s cotton subsidies under scanner.

Related Keywords: growers and their families, Indian jute industry, jute packaging material act 1987, production of jute sacks, sacking looms, synthetic lobby, Tapan Sen, textiles minister

At present the labour-intensive jute industry has a total installed capacity of around 29,00 sacking looms, which produce around 20.5 lakh tonnes of jute sacks. The Government’s reported move to "completely phase out" the Jute Packaging Materials Act 1987, will have “negative impact” on the jute industry spread over five States, affecting about 40 lakh workers, growers and their families, said Tapan Sen, Rajya Sabha MP from CPI(M).

Related Keywords: Babar Khan, export industry, increase in equires and order from European countries, kinitwear exports, Multinational export bureau, Pakistan textile industry, product diversification

Pakistan has witnessed an increase of 20-25 percent in enquires and order from European countries in the last 11 months, said Multinational Export Bureau CEO Babar Khan who runs two textile factories in Karachi that export most of their knitwear to the EU and United States, is not the only one who has benefited from the duty concessions.

Related Keywords: Agra Development Foundation, apparel making industry, apparel park, apparel training and design centre, ATDC, City Agra, hand embroidery, handmade products, Kishan Chand Jain, large population of artisans, modern machines, Textile Industry, zardozi

An Apparel Training and Design Centre (ATDC) will be set up in the city Agra soon. The new centre will contribute in a big way to the growth of the apparel-making industry in Agra and a major boost to the textile industry. The ATDC is expected to start functioning in the city by January next year.