News Tags

Related Keywords: energy crisis, export target, long term initiative, Ministry of Textile Industry, new textile policy, Pakistan textile industry, Pakistan textile policy 2009-14, short term support action, Textile production, value addition, yarn production

The Pakistan Textile Policy 2009-14 has failed bleakly to achieve its target of doubling exports of the country’s textile industry. The plan comprised short-term support actions and long-term initiatives aimed at promoting value addition on a wider scale.

When the policy was unveiled, textile exports were touching $12 billion in 2009-10. Fast forward to 2012-13, the figure went up slightly at around $13 billion. However, the shipments were nowhere near the target of $25 billion.

The textile industry has an 8% share in the gross domestic product (GDP) of the country.

Related Keywords: attained export competitiveness, Directorate general of Foreign Trade, export subsidies, FIEO, foreign trade policy, Indian textile sector, phase out, textile share in world trade, WTO, WTO norms

As India attained export competitiveness in the textile sector in 2008-09 and as per the threshold set by the World Trade Organization (WTO), it has to phase out the export subsidies provided to the sector by 2018.

The Directorate General of Foreign Trade (DGFT) department has prepared made a case in writing to the department of revenue asking it to not provide incentive to the textile sector in upcoming foreign trade policy (FTP) which is likely to be announced next month, as India has reached the export competitiveness in the sector.

Related Keywords: Bangladesh textile exhibition, Dhaka, Fashion design council, fashion show, fine weaves, handwoven textile, heirloom pieces, master weaver, past five decades, weaving techniques

Bangladesh textile exhibition to be held in Dhaka, where the journey of the fine weaves over the past five decades will be on display. Heirloom pieces will be showcased besides a demonstration of weaving techniques by a master weaver as well as installations of tools used in the production of hand woven textiles. A fashion show will be held to add pizzazz and dimension to the event.

Related Keywords: 22 top Indian textile companies, BGMEA, Dhaka, dress making equipments, embroidered dresses, FBCCI, fine fashion fabrics, home textiles and other homemade products, IHC in Bangladesh, Indian textile exhibition, Intexpo Bangladesh 2014, machines and textile products, shirting, SRTEPC, suiting

Intexpo Bangladesh 2014, a two day Indian textile exhibition opens in Dhaka today Monday at Pan Pacific Sonargaon hotel in the city. The exhibition has been jointly organised by the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) of India and Indian High Commission (IHC) in Bangladesh.

Mirza Azam, state minister textiles and jute is likely to open the exhibition.

Related Keywords: 15 year strategy, Asean, fashion and textile design, global leader, product design and development, Thai textile industry, Thailand textile institute, THTI director Suttinee Poopaka

Thailand looks in to develop as a global leader in fashion and textile design by 2030, as the Thailand Textile Institute (THTI) prepares 15-year strategies to develop the Thai textile industry.

This was announced by Pramote Withayasuk, Vice Minister for industry on Monday at THTI's textile and fashion annual conference in Bangkok during which an expo on award-winning entries from the Creative Textiles Award 2014 contest was held.

Related Keywords: handloom and handicraft, lack of fund, MGNREGA, Santosh Gangwar, take shape, textile mega-cluster, Textile Park, Union Minister of state for textile, UP weavers and artisans, various schemes

The Uttar Pradesh weavers and artisans to see good days as various schemes will start taking shape soon, said Union minister of state for textiles (independent charge) Santosh Kumar Gangwar here on Friday. There will be no lack or shortage of funds for handloom and handicrafts as the Central government is committed to uplift the living standard of handloom weavers and artisans.

Gangwar is also in talks with UP chief minister Akhilesh Yadav to develop the cultural complex as a centre of excellence and bring other projects like Textile Park to improve the sector.

Related Keywords: Baburao Chinchansoor, Bagalkot, Bellary, Bijapur, Chamarajnagar, Channapatna, Davangere, eight textile parks, Karnataka state, Minister for textile, modern textile policy, Mysore and Gulbarga, steady growth curve, textile department, textile park in Yadgir, wool park

Karnataka has always had a tradition of tapping the best across India and the world to trace a steady growth curve across diverse sectors of the economy. Minister for Textile, Baburao Chinchansoor on Saturday stated that the department plans to open eight textile parks in the coming months.

To set up these textile parks, they may require land in the range of 15 to 50 acres. They will be inaugurated in Bellary, Bijapur, Chamarajnagar, Channapatna, Davangere, Bagalkot, Mysore and Gulbarga.

Related Keywords: Chanderi, Fashion designer, Ikat, Jamdani, Kand, Maheshwari, Paithani, traditional weaves of Indian textiles, Vaishali Shadangule, western and contemporary dresses

Jamdani, Paithani, Maheshwari, Chanderi, Kand, Ikat are traditional weaves of Indian textiles, which Mumbai-based fashion designer Vaishali Shandangule has taken up special mission to work with traditional weaves and textiles to give a new existence as western and contemporary dresses.

Related Keywords: Bangladesh Garment Accessories, Bangladesh Textile Mills Association, Bangladeshi dyed yarn exporter, central bank, Export development fund, financial support, special fund, the Bangladesh Dyed Yarn Exporters' Association

Bangladeshi dyed yarn exporters to get financial support to help speed up export growth. They will be provided with credit support from Export Development Fund (EDF), a special fund of the central bank.

According to a circular of the central bank, issued on Tuesday, members of the Bangladesh Dyed Yarn Exporters' Association (BDYEA) will be eligible to get financial support from the EDF.

Related Keywords: China, cotton demand, cotton growing area, Cotton Yield, deputy head of the National Development and Reform Commission, forecast to plunge

The cotton growing area in China in the 12 months is expected to decline to 63.40 million mu (about 4.23 million hectares), down 9.4 percent from the previous year, and the cotton yield is also forecast to plunge by half a million tonnes to 6.5 million tonnes, according to Lian Weiliang, deputy head of the National Development and Reform Commission.

While, cotton demand in China is expected to exceed its domestic supply by two million tonnes in the year from September 2014 to August 2015, as per official data showed on Thursday.