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Related Keywords: apparel and accessories, Brandix, Disrupt Unlimited, innovation, SLIC, Sri Lanka textile company, textile export, textile firm

Brandix, Sri Lanka’s largest textiles and garments exports holding company through Brandix’s Disrupt Unlimited start-up have entered into an agreement with Sri Lanka Inventors Commission (SLIC) to establish a partnership to promote innovation in Sri Lanka and enhance opportunities in the fields of Textile, Apparel and Accessories. As Sri Lankan textile firms is looking to innovation to fuel growth with its exports soaring up 15.7% in the first five months of the year.
 

Related Keywords: cotton growing area, create job, fund, textile development plan, textile industrial parks, Textile Industry, upgrade technology, Xinjiang

China's Xinjiang Uygur Autonomous Region prime cotton-growing area, which produces about 60 percent of China's cotton on less than 40 percent of the country's cotton-growing land, aims to create 1 million jobs in the textile industry within the next decade. To support its textile industry has decided to pump 20 billion yuan (about 3.2 billion U.S. dollars) fund.
 

Related Keywords: Industrial houses, Pandesara, Surat Municipla corporation, textile dyeing mill, water purchase contract

Industrial houses in Pandesara are under contractual obligation with Surat Municipal Corporation (SMC) to buy water from the civic body. However, promoters of eight textile dyeing mills were found to be buying water from other sources by setting up different pipelines.
 
These industries were penalized Rs 5.67 lakh each by SMC after they were found to be violating the terms of water purchase contract they had signed with the civic body.
 

Related Keywords: APTMA, electricity and gas tariff, govt policies, import duty on raw material, Pakistan textile industry, sales tax refund, textile export, uninterrupted energy supply

The All Pakistan Textile Mills Association (Aptma) on Friday appreciated the overall increase in textile exports, which went up by 3.9 percent, but expressed trepidation over decline in exports to the rest of the world other than the European Union. This decline could have been avoided if the government addressed the issues, which resulted in the decline.
 

Related Keywords: duty reduction, fabric, higher incentive, home textile, Indian cotton price, international price, Texprocil, textile export, trade deficit, yarn export

The Cotton Textiles Export Promotion Council (Texprocil) has urged the ministry for higher incentives including 5 percent duty reduction for exports to China. This incentive will help to put another USD 7 billion worth of fabrics and home textiles into China and reduce the trade deficit of USD 32 billion with China.

India has a USD 32 billion trade deficit with China, in which USD 12 billion worth of imports are allowed to come into India either duty free or at concessional duties. India on the other hand has not acquired any reciprocal benefit.

Related Keywords: African print, Ankara, annual Ankara Festival, fashion trend, Modern African Designs

The overnight upsurge seen in the use of Ankara fabric on the global fashion scene is perhaps one of the most notable fashion trends to have emerged from Africa over the last couple of years.
 

Related Keywords: cotton demand, cotton yarn import, purchasing power, spinning mills, yarn production

With China continuing to decrease cotton yarn imports from India, demand for cotton from domestic spinning mills for producing yarn is set to decline, it is also low purchasing power that has led to fall in demand for cotton.
 
According to K Selvaraju of South Indian Mills Association (SIMA) there have been fall in demand since April 15-20%, due to that cotton prices have already declined by around Rs 500 per candy and are expected to decline by another Rs 1000-2000 per candy owing to poor demand from spinning mills.
 

Related Keywords: ACIMIT, cashmere processing, Italian machinery manufacturer, Italian textile machinery technology, Italian trade agency, Mongolian cashmere market

Italian machinery manufacturers have excellent opportunities to develop cashmere processing in Mongolian market. As, cashmere is the second largest hard currency-earning export of Mongolia, which makes the emerging Asian nation the world’s second largest producer of the coveted goat’s wool, after China.
 

Related Keywords: handloom weaver, Indian handloom sector, multiple scheme, Texile ministry

India as a whole country has around 43.32 lakh handloom weavers and allied workers and more than 40 % of weavers are women. To improve the living standard of handloom weavers and sustainable development of handloom sector, the ministry of textile has multiple schemes and programmes.
 

Related Keywords: cotton, domestic consumption, export demand, FDI limit, garment, Indian textile market, jute, promotiona visit, raw material, silk, sourcing hub, Textile, wool

Textile & Apparel sector in India is an important contributor to the national economy in terms of direct and indirect employment generation and net foreign exchange earnings, contributing 4% to India’s GDP in 2012, the sector has also attracted direct foreign investments worth USD 1.11 billion from April 2000 to February 2014.
 
Currently, the overall textile and apparel sector accounts for about 24% of world’s spindle capacity and 8% of global rotor capacity and is expected to touch USD 223 billion by 2021.