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Forthcoming budget likely to set cotton textile industry rolling

Related Keywords: duty cut, Indian textile ministry, investment, job creation, Texprocil, Textile Industry, textile machinery, TUFS

Cotton Textiles Export Promotion Council of India (Texprocil), a government constituted body has put forward their proposal to reinstate the benefit as investments made during the 18 month gap are eligible investments before and after extension of the TUFS with the Indian Textile Ministry They have assured that if the government accepts the sector’s demands in the forthcoming Budget and should the Rs 1,000 crore of TUFS money surrendered is given back to the textile industry, the textile industry would invest up to Rs 4,000 crore and set in motion the process of capacity creation 50

Design development programme for Sri Lankan handloom to help flourish

Related Keywords: cottage industry, cotton, Design Development programme, Export Development Board, International Design Expert, silk yarn, Sri Lankan handloom, Textile Industry

Sri Lankan handloom textile industry is a highly labour-intensive, export-oriented and rural based. The industry produces mainly cotton and silk products, utilizing cotton and silk yarn. Generally, with low capital costs and running expenses, handloom is a household or cottage industry, where skilled hands create value added products, according the Export Development Board.

TNPCB seals 236 textile and dyeing units for violating pollution control board norms in Erode

Related Keywords: dyeing unit, pollution norms, Textile, TNPCB, untreated effluents

The Tamil Nadu Pollution Control Board (TNPCB), on after the recently petition submitted by the villagers of nearby Ellapalayam stating one textile dyeing unit was discharging huge quantity of untreated effluents into fertile lands, causing them problems. The Board had examined it and ordered closure of the factory.

Bengal jute industry faces another blockade as Punjab declines to buy jute bags

Related Keywords: annual jute production, Bengal jute industry, Indian jute mills association, jute bags, Mamata Banerjee, plastic bags, Punjab Government

The Indian Jute Mills Association efforts to reinforce the jute industry which is heading toward debacle seems to have failed as Punjab, the highest consumer of jute bags has deciding not to buy about two lakh bales or about 4 percent of Bengal’s annual produce. This is an immense blow of state’s labour intensive industry that is weighed down by rising stocks, lack of orders, a number of closures and labour violence. The hassled jute industry in Bengal suffered another setback on Friday with Punjab, reluctant on buying jute bags.

Sustainable Textile and Apparel Cluster being planned in South Africa

Related Keywords: apparel, raw material, retailer, Sastac, Southern African Sustainable Textile and Apparel Cluster, synthetic fibres, Textile, Trade and Industry Minister

The Southern African Sustainable Textile and Apparel Cluster (Sastac) is being planned to improve the industry's competitiveness while uniting it under an umbrella body.

Pakistan forms six working groups development of textile and garment sector

Related Keywords: business concil, garment sector, GSP Plus status, Pakistan textile sector, Quaid-e-Azam Apparel Park, six working groups, special incentives

Pakistan government is taking comprehensive measures for further development of its garment and textile sector to boost exports. One of the measures is that the government has formed six working groups for the development of garments and textile sectors. The textile and garment sectors are offered more facilities to gain maximum benefit from GSP Plus status as well as creating new job opportunities in the country and increasing exports, this was stated by the Punjab Chief Minister Muhammad Shahbaz Sharif Friday.

Zimbabwean textile Industry is slowly dwindling

Related Keywords: 000 workers, costing the jobs of thousands of other people in downstream industries., Ex-listed textiles giant David Whitehead, was forced to close in 2010, which used to employ at least 3

Zimbabwean textile industry is slowly dwindling due to the prevailing economic crisis as well as the influx of cheap imports from the Far East. It has dropped to below 10% capacity, corresponding to the general decline in economic activity across the country. The textile industry at its peak time employed more than 20,000 people and was one of the key employers in the country. There has been an accelerated decline in the sector, which now employs only 4,000 people.

Australia set to touch just below 1 million tonnes in raw cotton exports this year

Related Keywords: ABARES, cotton planting, global textile sector, n cotton export, NAB, raw cotton

Australia is all set to touch just below 1 million tonnes in raw cotton exports to become the third largest exporter of raw cotton in the world this year, according to a bank report out on Friday. The National Australia Bank (NAB) Agribusiness Rural Commodities Wrap in the report said that a recovery in cotton prices was likely to have acted as an incentive to production, with prices above historical average levels and more favorable than alternative crops. However, dryland cotton plantings are minimal due to the extended and extreme drought conditions that impact growing areas.

Daewoo International plan to invest $22 mln in two textile enterprises in Uzbekistan

Related Keywords: cotton fabric, Daewoo International corporation, Daewoo Textile Bukhara, Daewoo Textile Fergana, production capacity, yarn

Daewoo International Corporation, a South Korean company has part of its expansion plan has decided to make an investment to the tune of $22 million to expand production capacities of two textile enterprises Daewoo Textile Fergana and Daewoo Textile Bukhara in Uzbekistan.

The relevant Memorandum of Understanding (MoU) was signed between Uzbekengilsanoat State Joint Stock Company and Daewoo International Corporation on expansion and modernization of production capacities of the Daewoo Textile Fergana and Daewoo Textile Bukhara.

Bulk consumption of US textile exports seen in Mexico and Canada

Related Keywords: apparel, Canada, export, fabric, garment, Mexico, textile mill product, US department of commerce, US textile, yarn

In recent years, the US textile and clothing exports have been growing at a steady pace. A big leap in US textile exports was seen from January to April 2014, during this period they exported textile and apparel worth US$7.857B, growth rate of 2.64 percent year-on-year. Mexico and Canada were to two countries who consumed bulk of textile and apparel exports made by the US.

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