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Related Keywords: entire textile sector, garment and fibre, MGNREGA, Prime Minister Narendra Modi, rural job scheme, Santosh Gangwar, sericulture, Textile Minister

Textile Minister Santosh Gangwar had written to Prime Minister Narendra Modi soon after taking charge requesting him to link the entire textile sector, including garments and fibre, to MGNREGA, rural job scheme.

But, the Prime Minister’s Office has ruled out including the entire textile sector under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA). The scheme will link only specific sectors within the textile industry such as handicraft and handloom.

Related Keywords: Danish technology and knowledge, Pakistan business delegation, Pakistan textile industry, power issue, visit Denmark, wind and solar energy

A top Pakistani business delegation has left here for a week-long visit to Denmark for exploring the possibilities of cooperation with their Danish counterparts in the field of wind and solar energy which will to a great extent help resolve the power issue faced by the textile industry, backbone of its economy.

Pakistan's textile industry plays a pivotal role in the country's economy and it need to overcome numerous obstacles in order to hold its position.

Related Keywords: Free trade agreement, Korea Canada FTA, liberalize trade, President Park Genu-hye, Prime Minister Stephen Harper, textile tariffs

It has been nine years since the two countries, Korea and Canada began negotiating the terms of the Free Trade Agreement (FTA) in 2005. President Park Geun-hye, who is currently making a state visit to Canada, will hold a summit meeting on the 23rd with Canadian Prime Minister Stephen Harper at Ottawa and sign a free trade agreement.

According to Ahn Jong-beom, the senior presidential economic adviser, the Korea-Canada FTA will liberalize trade between the two countries by 92-95 percent within three years and by 99 percent within ten years in terms of import volume.

Related Keywords: China, Cotton Association of India, cotton bales, cotton farmers, cotton harvest, Cotton Textiles Export Promotion Council, global cotton market, India cotton industry, stockpiled cotton

India likely to harvest 40 million cotton bales this year once harvesting begins next month, which will be 8% higher than a year earlier and the highest harvest on record.

Lower-than-normal monsoon rains early in the June-through-September rainy season convinced many farmers to switch to planting cotton, which needs less water to grow. But the rains returned late in the season so now India is likely to have a bumper crop.

Related Keywords: Bangladesh Central Bank, Bangladesh jute industry, BJMA and BJMC, BJSA, captial machinery import, Export development fund, jute millers loan, jute yarn, Ministry of Textiles and Jute

Bangladesh Central bank are reluctant to give jute millers loan from Export Development Fund (EDF) fund for import of capital machinery as it will impair the purpose of the fund and squeeze the number of beneficiary despite jute mills persistently pressing the bank for support from the EDF fund.

Related Keywords: Chinese cotton industry, cotton import quota, cotton yarn, domestic cotton production, domestic price, domestic textile enterprises, ginned cotton, NDRC, subsidize farmers, WTO

China’s domestic cotton output this year is projected to reach 6.5 million tonnes,, down by 500,000 tonnes from the previous year, while demand will be around 8.5 million tonnes, resulting in a supply gap of 2 million tonnes.

To control import of cotton yarn, China has decided not to increase its cotton import quota next year beyond the 894,000-tonne quota it promised when joining the World Trade Organization and also to guide domestic textile enterprises to use more homegrown cotton.

Related Keywords: cotton arrival, cotton bales, cotton production, ginning factories, Pakistan Cotton Ginners Association, Pakistan cotton industry

This year the cotton arrival in Pakistan market has shown an increase of 4.73 percent. Around 2,750,563 cotton bales were sourced to the country's ginners by September 15th, according to Pakistan Cotton Ginners Association (PCGA) fortnightly report.

Cotton trading remained firm amid strong physical price and higher cottonseed prices.

Related Keywords: Bulawayo, C2C, Cotton-to-clothing export strategy, economic growth, farmers, garment, indaba, ITC, textile producers, UN, WTO, Zimbabwean cotton and textile industry

Cotton and textile industry play a significant role in Zimbabweans economic growth and development. The International Trade Centre (ITC) a joint agency of the World Trade Organisation (WTO) and United Nations (UN) made an announcement that Zimbabwe will be launching the Cotton-to-Clothing (C2C) Export Strategy at an indaba in Bulawayo next week

The strategy is funded by the European Union (EU) under the EU-Africa partnership on cotton. The indaba will be held on September 26

Related Keywords: Austria, ecology and innovative strength, Lenzing Group, Lyocell fibre, man made cellulose fibres, Tencel plant in Lenzing, Tencel technology, world's Tencel factory

Lenzing Group a world leader in marketing and manufacturing of high-quality man made cellulose fibres, has finished the construction of the new Tencel factory, the world’s largest production facility for Lyocell fibres in Lenzing, Austria.

The construction of the most modern fibre plant in Lenzing, Austria went according to plan both financially, and in terms of the time. The plant is fully operational and running at full capacity. The investment costs totaled up to EUR 150 million.

Related Keywords: agri-business, Global Investors Summit, global platform, industrial prowess, interaction with Indian industry leaders, textile and handloom, Textile Industry, theme invest Madhya Pradesh

The Global Investors Summit to be held during next month, with the theme 'Invest Madhya Pradesh' will aim to showcase the strengths and industrial prowess of Madhya Pradesh and provide global platform for interaction with the Indian industry leaders, policy makers and other stakeholders.

The focus sectors will be textile and handloom, agri-business and food processing, automobile and engineering, healthcare, industrial infrastructure, pharmaceuticals, IT and ITes, renewable energy, technical education and skill development, tourism and urban development.