News Tags

Related Keywords: 44 billion Kenyan shillings, chinese textile firm, Industrialisation and Enterprise Development, Jiangsu Lianfa Textile, textile factory, textile goods

Kenyan Cabinet Secretary for Industrialisation and Enterprise Development Adan Mohammed and Jiangsu Lianfa Textile Company president Xiangjun Kong signed the deal on Thursday. According to Mohammed, the textile factory to be build by Jiangsu Lianfa Textile Company Limited, Chinese firm which will be one of the largest in the continent and likely to create more than 30,000 jobs.

Related Keywords: 83rd İzmir International Fair, India and Turkish, Indian Ministry of Trade and Commerce, textile business, TICCI, trade relations, trade volume, TUSKON

India and Turkish trade relations have improved rapidly over the past decade. Trade volume between Turkey and India was $2.3 billion and $4 billion in 2009 and 2010, respectively. This figure reached $6 billion in 2013, according to the Indian Ministry of Trade and Commerce.

According to Ersin Karaoğlan, the president of the Turkish Indian Chambers of Commerce and Industry (TICCI), India has a large population with vast land and a huge market, all of which attract foreign investors to the country. India is a big player in the textile business and construction.

Related Keywords: Chinese delegation, hi-tech weaving park, identify competitive advantages, industrial projects, industrial readjustment, industrialists, investing in China, Textile mills, tie-up, tour Coimbatore region

A Chinese delegation of four, comprising Dr Youfa, Commercial Counsellor Liu Guoyu and two Vice Consuls — Chong Li and Cong Lu on a tour in Coimbatore region, reaching out to industrialists to consider investing in China and identifying the competitive advantages of such investments , both sides.

The Consul-General of the People’s Republic of China, Liu Youfa, acknowledged that China is passing through the second round of industrial readjustment.

The process started three years back. It will take some more time to resettle the workers.

Related Keywords: 10 investment prerequisite, American clothin compnay, Bole Lemi Industrial Zone, Federal Investment Commission, Government of Ethiopia, Phillips-Van Heusen Corporation, PVH, ready-made industrial park, Textile Industries Development Institute, Tommy Hilfiger

Phillips-Van Heusen (PVH) Corporation - a giant American clothing company and owner of the Tommy Hilfiger, Calvin Klein and Heritage brands after visiting Ethiopia has put forward 10 investment prerequisite to the Government of Ethiopia (GoE).

The prerequisites include consideration of tax incentives, logistics issues, priority for electricity power and getting a ready-made industrial park, according to sources.

Related Keywords: bonded warehouse scheme, chemicals, dyestuffs, Eksoy Chemical Industries Ltd., Ethiopian firms

The Turkish company, Eksoy Chemical Industries Ltd, follows suit to the Bezema Dyestuffs & Chemical, a Swiss based company, which has been supplying various chemical and dyestuffs to the local textile manufacturers through its warehouse in the Jemo area and its outlet in Lafto since September 2012.

Related Keywords: facing hardship, Gadwai and Pochampalli, Handloom weavers, loan waiver, mega powerloom cluster, Minister for IT and Panchayat, Raj K Taraka Rama Rao, separate policy, Telangana govt

Telangana has some of the famous handloom centres in the country, but the weavers there are facing hardship. Keeping this in mind the Telangana Government will soon coming out with a separate policy for handloom weavers in centres like Gadwal and Pochampalli and other areas of the State.

Related Keywords: apparel manufacturing, boost apparel manufacturin, comprehensive action plan, growth potential, micro textile & handloom units, Odisha, policy intervention, scale up, Sri Pati, weavers service center

Sri Gokul Chandra Pati presiding over a high level meeting held in the special circuit house last Saturday has directed to focus on growth potentials of apparel manufacturing utilizing both comprehensive action plans and policy interventions to boost apparel manufacturing in Odisha wherein Sri Sanjay Kumar Panda and Secretary, Ministry of Textiles Govt of India assured the support of the Ministry for harnessing the textile potentials of the State.

Related Keywords: boost yarn production, cheaper rates, chinese market, cotton, farm subsidides, increase spending, Indian spinning mill

Indian mills catering to the Chinese market likely to get hit with china taking decision to increase spending on farm subsidies by 10 percent to boost yarn production as cotton will be available to Chinese spinning mills at a cheaper rate.

Related Keywords: 200 crores, additional revenue, boat, full capacity utilization, Jindal, Jindal Speciality Textile, manufacturer of PVC laminated products, power connection, trucks and tarpaulin

The Ludhiana-based Jindal Cotex Ltd (JCL), which is engaged in manufacturing a variety of synthetic yarns, ie acrylic, polyester and other blended yarns, its wholly-owned subsidiary Jindal Speciality Textile Ltd (JSTL) a leading manufacturer of PVC laminated products for boat, trucks & tarpaulin, is aiming to achieve addition revenues of Rs 190-200 crore this year.

Related Keywords: build domestic industry, Ethiopian textile industry, H&M, social and environmental standard, sustainable production, Swedfund, unique cooperation

H&M has entered into partnership with Swedfund to create a unique cooperation in Ethiopia which aims to contribute to the development of a responsible Ethiopian textile industry characterized by both high social and environmental standards.

The cooperation sees opportunity to get involved in Ethiopia's growing textile industry at an early stage and to contribute to more jobs. They have for many years worked in existing manufacturing countries to improve working conditions and the environment. This experience is included with the establishment of cooperation with Ethiopian suppliers,