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Assocham submits its 10 point agenda for the growth of India textile industry

Related Keywords: 10 point agenda, Assocham, Bangladesh textile sector, Chinese textile industry, global market, Indian textile industry

Indian textile industry has is a huge opportunity to increase its global market share with Chinese textile industry reducing its spinning activities thereby becoming uncompetitive and on the other hand Bangladeshi textile sector facing wage disputes, security and compliance related issues, said Thyagu Valliappa, chairman, Textile Council of The Associated Chambers of Commerce and Industry of India (ASSOCHAM) who led the chamber's delegation along with R.K. Wij, advisor, Indo Rama Synthetics Limited.
 

Botto Poala to presents array of innovative concepts for Autumn/Winter 15-16 collection

Related Keywords: Autumn season, Botto Poala, cashmere, precious fiber, silk, wool, yarn

Botto Poala, a company that produces worsted and carded yarns of very precious fibers for the world market. It’s signature is for precious yarns in wool, cashmere and silk to presents its innovative concepts for the Autumn/Winter 15-16 season.
 

Export of man made fabric to Pak and Egypt take a hit due to unrest

Related Keywords: Egypt, Man made fibre hub, MMF textile, of Federation of Indian Art Silk Weaving Industry, Pakistan, textile exports, trade issue, unrest

Surat, country's biggest man-made fibre hub for the first time due to continued political and civil crisis along with unresolved trade issues between India and Pakistan is seeing a major impact on their man made fabric (MMF) textiles exports, including fabrics to Pakistan has taken a hit and declined by 16 percent.
 
Exports to Egypt, too, have declined by more than 23 per cent due to the political crisis there. As compared to $219 million worth of export in 2012-13, India exported $167 million worth of MMF textiles in 2013-14 to Egypt.
 

Restoration of Angola’s textile industry begins

Related Keywords: África Têxtil (Benguela), Angolian textile industry, cotton, plant facility, Satec

Restoration of all of industrial units, beginning with textile industry existing in three locations within the country (Luanda, Benguela, and Dondo), as well as to provide plant facilities and carry out installation work has been taken up which involves investment to the tune of US$2 billion, is entirely funded by the Angolan state.
 

Trade fairs and expo help popularize Vietnamese made products among local

Related Keywords: exhibition, local consumer, trade fair, Vietnam textile industry, Vietnamese priorities Vietnamese goods campaign

Launched five-years ago "Vietnamese priorities Vietnamese goods" campaign, under which trade fairs and exhibitions have been organized across the country to popularize Vietnamese goods in remote areas by the provincial and municipal departments of industry helped Vietnamese made products captured hearts of their local consumers, said Trade's Domestic Market Department deputy head Le Viet Nga said at a business conference on Thursday.
 

Indonesian local yarn makers demand steeper tariffs for yarn importers

Related Keywords: Anti dumping dutry, domestic sales, filament yarn industry, Indonesian anti dumping committee, KADI, Yarn dumping, yarn import

Dumping of yarn by foreign exporters has become a serious issue for the local Indonesian yarn producers as many are experiencing drop in their domestic sales. Four companies have urged the Indonesian Anti-Dumping Committee (KADI) to place additional tariffs on foreign yarn companies who allegedly engaged in dumping practices in the Indonesian market between 2010 and 2012.
 

Cotton trading has started catching up speed in Pakistan

Related Keywords: cotton bales, cotton price, cotton trading, Ginning factory, Karachi Cotton Association, new crop

Cotton prices raised as trading gained momentum over tight supply. The Karachi Cotton Association (KCA) raised its spot rate by Rs50 to Rs6,350. The following were Thursday’s new crop Karachi Cotton Association (KCA) official spot rates for local dealings in Pak rupees for base grade 3 staple length 1-1/32” micronair value between 3.8 to 4.9 NCL.
 

Investment by international firms catching up speed in Vietnam ahead of signing TPP

Related Keywords: EU market, TPP agreement, Vietnam garment industy, zero tax rate

International firms seek to take advantage of benefits the country will potentially gain with the signing of Trans-Pacific Partnership (TPP) Agreement. Foreign investment in Vietnam's textile and garment sector is increasing rapidly.
 
The textile and garment industry in the TPP member countries is expected to benefit the most from the trade deal. Specifically, products made from domestically sourced materials or imported from other TPP member countries will enjoy zero tariff when being exported to signatory countries.
 

Tirupur keen to start with synthetic based products to augment revenue

Related Keywords: cotton export, knitwear garment, synthetic fabric, synthetic market, Tirupur textile industry

Tirupur prominent for making quality cotton based knitwear garment as they are unable to generate more revenue with cotton exports, they need to diversify. Synthetic has global market throughout the year and at present, synthetic fabrics for swim wear or sportswear are not manufactured in India. As they have the expertise for this and they need to start the process, stated A Sakthivel, president of Tirupur Exporters Association.
 

SPINEXPO to showcase comprehensive and creative offering of yarns, fibres and knitwear

Related Keywords: fibre, international exhibition, Knitwear, Spinexpo USA, yarn

SPINEXPO USA, a very focused and unique International exhibition organized by independent textile specialist designed to showcase the most comprehensive and creative international offering of yarns, fibres and knitwear where 82 exhibitors from 15 countries will put on display an array of tactile and colourful yarns, including noble fibres such as cashmere and mohair, merino wools, silk, viscose, metallic and synthetics.
 

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