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Related Keywords: 2 million trial order, boost Indonesia’s garment production, conduction production trials, garment manufacturer, joint venture operations, joint venutre, long term expansion strategy, manufacture some products, PT Pan Brothers, Vietnamese firm

PT Pan Brothers, publicly listed garment manufacturer is currently conducting production trials with the Vietnamese firm through a joint operation, which enables the company to manufacture some of its products in the neighboring country. They expect production to grow by at least 20 percent in 2015 as part of its long-term expansion strategy over the next five years.

Related Keywords: build more cluster, cotton farmers, debate in Lok Sabha, new textile policy, Santosh Kumar Gangwar, Textile Minister, Textile undertakings Laws Bill 2014

Textile Minister Santosh Kumar Gangwar on Monday replying to a debate in the Lok Sabha on the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014, said that government was keen to take the country forward in textile sector.

The government will bring in a new textile policy by next month and seek to build more clusters in the country,

In his reply to the debate, Gangwar thanked the members for their interest in the issue and wide participation in the debate and said the government was moving forward with slogan of "development for all".

Related Keywords: debate on textile undertaking law, free ailing NTC, Indian government, Lok sabha passed bill, NTC, revival scheme, Santosh Gangwar, sick textile mills, speed up revival, Textile Minister

Government is working out plans to speed up revival of sick textile mills, including the National Textile Corporation (NTC), a move that will generate more employment. This assertion came from Textiles Minister Santosh Gangwar during his reply to a debate on the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014 in the Lok Sabha.

Related Keywords: AGCGA, cotton corporation of India, cotton minimum support price, cotton price, export incentive, Indian ginning industry, purchasing cotton, running below capacity, slowdown, subdued demand, substantial cotton production

The ginning industry of India is staring at slowdown, on account of subdued demand and disparity in price. According to industry sources, ginning units are running below 65-70 per cent capacity. India's substantial cotton production this year has not translated into good days for ginning sector.

Moreover, farmers are reluctant to sell kapas (raw cotton) at the current prices in expectation of higher price for their produce, bringing down the commodity's arrival by 50 percent from last year.

Related Keywords: Angora goat industry, Australian growers, Company manager Cesare Savio, Italian yarn plant, mohair yarn, premium yarn, produce finer mohair, Safil, South Africa, wool and wool blend yarns

Safil, Italy’s biggest worsted yarn plant for wool and wool blend yarns that produces 300 tonnes of mohair yarn each year, but 80 percent of the fibre comes from South Africa's Angora goat industry has shown its interest in buying more Australian mohair.

Company manager Cesare Savio said that if Australian growers can produce finer mohair, they will consider switching suppliers for its premium yarns.
At present, they buy about 5,000 tonnes of wool from Australia for their products, they will also buy mohair from Australia.

Related Keywords: big-ticket items, black market, Chinese companies, North Korean manufacturers, produce export bound apparel, supply raw material, toll processors

The North Korean manufacturers are known as toll processors and use specialized equipment to produce export bound apparel for the Chinese companies, which supply the raw material. These contracted manufacturers have been found selling some of their finished products at bargain prices in the tightly-controlled country's black market, according to sources inside and outside North Korea.

Apparel such as coats are sold by the manufacturers without the knowledge of the Chinese companies and made from raw material skimmed off from the companies.

Related Keywords: cotton, cut in excise duty, cut in import duty structure, differential taxation, global demand for fibre, Indian textile industry, lop sided fibre, MMF, rising energy cost, synthetic fibre, Texpreneurs Forum

The Indian textile industry is facing hurdle on account of differential taxation, rising energy cost, lop-sided fibre and trade policy. And this is at a time when the global demand for fibre – both cotton and MMF (man-made fibre) is on the rise.

Stakeholders have sought a cut in the excise and import duty structure for synthetic fibre to deal with the trend. It wants the excise duty to be lowered from the prevailing 13 percent to 4 - 5 per cent and the import duty from 28 percent to 2 - 3 percent.

Related Keywords: ACTIF, business and sourcing destination, business techniques, cotton, EU-Africa Partnership on Cotton, ITC, textile and apparel ebent, Zambian women weavers

The Zambian women weavers began the week by participating in Origin Africa, the largest cotton, textile and apparel event on the continent, which aims to raise awareness of Africa as a business and sourcing destination in the sector. It is organized by the African Cotton and Textile Industries Federation (ACTIF).

Seven women weavers of Zambia participated in back-to-back events in Nairobi, Kenya, showcasing their products, learning new production and business techniques, and meeting with potential customers and investors .

Related Keywords: Bilateral free trade agreement, clothing and carpets, Japan and Turkey, strengthen economic cooperation, textile products, Turkey exports

First round of negotiations for a bilateral free trade agreement between Japan and Turkey started on Monday with the aim to further strengthen their economic cooperation.

Japan wants to quickly seal an agreement with Turkey after the country signed a free trade deal with South Korea last year that could undermine Japan’s competitiveness in exports.

The meeting, to be held over two days in Tokyo, follows an agreement reached in January between Prime Minister Shinzo Abe and then-Prime Minister Recep Tayyip Erdogan, now Turkey’s president, to launch FTA negotiations this year.

Related Keywords: avail loan, Credit card drive, handloom circuits, Indian Institute of Handloom Technology, market handloom products, Nabard, nationalized bank, rural bank, specialized training, Textile department of West Bengal, weavers health insurance, weavers pension scheme

The textiles department of West Bengal has begun a drive to distribute credit cards to weavers that will enable each of them to avail of a loan of up to Rs 25,000. The department is also setting up handloom circuits across the state to give specialized training to weavers and to market handloom products. The textile department after see the success rate of farmer credit card took the initiative to have a similar drive for the weavers.

Department officials have spoken with NABARD and another leading nationalized bank along with rural banks so that weavers can get loan.