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Related Keywords: agri product, bilateral trade, Consul General of Switzerland, Emil Wyss, exchange of delegation, international trade fair of Switzerland, Pakistan, Pakistani business community, Switzerland, Textile, trade potential

Pakistan and Switzerland are facing bilateral trade deficit, despite enormous trade potential between Pakistan and Switzerland. Consul General of Switzerland Emil Wyss during his visit to Pakistan Chemical & Dyes Merchants Association encouraged the Pakistani business community to augment the exports of textile and agriculture products to Switzerland.

Related Keywords: brands, Chamber Trade Sweden, Gul Ahmed Textile Mill, largest textile exporter, manufactures, Pakistani fashion designers, Scandinavian market, Sweden market, Swedish Chambers, Swedish government, yarn to finished products

Gul Ahmed is a network of composite textile mills which manufacture everything from yarn to finished products and one of the largest exporters of textiles to Sweden. Their goal is to increase exports and provide exposure and access to Pakistani fashion designers and brands to the Scandinavian markets.

Scandinavian countries including Denmark, Norway and Sweden are growing markets which offer great potential for Pakistani products, especially textiles. Gul Ahmed Textile plans to accelerate efforts to explore more export opportunities in these markets.

Related Keywords: cash rich CCI, cotton farmers, cotton purchases, Maharashtra State Cotton Growers Marketing Federation, minimum cotton support price, NAFED, state government

The state government has starting cotton purchases from November 15 onwards at minimum support price (MSP)wards but this will not provide relief to farmers who have suffered a double whammy of poor yield due to dry spell and plummeting rates. Cotton farmers are looking at a rate of at least Rs.6000 a quintal which will help them recover their expenses. This time, with elections over there is no political demand to raise the MSP that is rather low.

Related Keywords: cash register, cotton fabric, Fabindia, Fashion designer, hand crafted clothing, hand woven, icon of swadeshi, Khadi, khadi collection, khadi export, khadi footwear, rocking ramp, sari, trendy

Fashion designers are rocking the ramp with khadi collections made from hand-woven cotton fabric. Khadi, one time was an integral part and icon of the Swadeshi movement is now trendy and has set the cash registers ringing as it catches popularity in the fashion world.

Related Keywords: Dinh Vu Polyester plant, domestic demand, filament fibres, German technology, imports of foreign made fibre, Petrovietnam Group, polyester chips, polyester fibres, triple yarn output, Vinatex

Dinh Vu Polyester Plant that is owned 81 percent by the state oil and gas company Petrovietnam Group and balance 19 percent of the plant by Vietnam’s top garment maker Vinatex, to triple yarn output to 75,000 tonnes by year-end to better meet domestic demand.

With capacity to produce 175,000 tonnes of fibre per year, the plant is able to supply around 40 percent of raw material needed for the Vietnamese textile industry, saving approximately $ 400 million per year on imports of foreign made fibre, as well as providing jobs to nearly 700 people.

Related Keywords: anomalies, Association of Synthetic Fibre Industry, excise duty structure, global exports, global market, Indian synthetic fibre producer, man-made fibre industry, remove bias, value added textile

Producer of Synthetic fibre in India have urged the government to remove bias and anomalies in excise duty structure against the man-made fibre industry as it has been affecting the growth and impeding from achieving a larger share of the global market. At present India’s share in global exports of value-added textiles of MMFs is just about 3 percent.

They want the government to bring down excise duty on par with cotton fibre and yarn for growth of the Indian textile sector.

Related Keywords: Bureau of foreign trade, Garment exporter, garment manufacturer, Indian, Organized by TTF, South Asia 2014, Sri Lankan, Taiwan Textile Fair, Taiwanese manufacturer, textile and clothing accessories, Worldex India exhibition and Promotion

Taiwan Textile Fairs in South Asia 2014 organized by the Taiwan Textile Federation (TTF) and the Bureau of Foreign Trade and represented by Worldex India Exhibition & Promotion Pvt. Ltd., are back to power Indian and Sri Lankan garment manufacturers and exporters through a wide variety of innovative offerings from leading Taiwanese manufacturers of textiles and clothing accessories.

The Taiwan textile fairs will be held in New Delhi, the capital of India on November 18-19 and in Bengaluru, known for its garment and textile industry on November 21-22.

Related Keywords: BJP MLA, Foreign direct investment, Ichalkaranji, implement textile policy, invite experts, New textile committee, Suresh Halwankar, Textile town

A new textile committee has been set up under the chairmanship of Suresh Halwankar, BJP MLA from Ichalkaranji, a textile-town in Kolhapur district to effectively implement the textile policy.

The previous committee consisted of national and state level textile institutions, business associations and bureaucrats, the new one has only bureaucrats except Halwankar, a second time MLA.

Related Keywords: APTMA, Discos, electricity distribution companies, full uninterrupted electricity supply, gas shortage, large-scale manufacturing output, load management plan, Pakistan exports, power generation from thermal stations, Punjab’s troubled textile industry, Sui Nor¬thern Gas Pipelines Limited

Pakistan exports during the first four months of the current fiscal year declined by about 5.2 per cent, compared to the same period last year as large-scale manufacturing output remained flat at 4.2pc against 4.3pc, according to the finance minister.

The water and power ministry directed all electricity distribution companies (Discos) to immediately implement the plan for full uninterrupted electricity supply to Punjab’s troubled textile industry as desired by the prime minister, who is in London on an official visit.

Related Keywords: BJMC, DoJ, dwindling export, Escalaion, Pressure, public and private mill, raw jute price, slow-moving exports, trading, windfall

Escalation in raw jute prices were seen in the last two months in spite of slow-moving exports, supposing that production level would drop much below last year’s level. This has put pressure on public and private mills, already under pressure for dwindling export receipts.

At present, raw jute is trading at Tk 1,600-1,800 a maund (40 kilogram) in producing regions, which is 13 percent higher than last year.