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Related Keywords: apparel industry, Bangladesh exports apparel, cheaper rates, export apparel to the European market, eyeing Bangladesh., Free trade agreement, global market, labour rights issue, lack of sufficient labour, Maithripala Sirisena, not secured GSP Plus, Sri Lanka enjoys GSP plus, Sri Lankan President, strengthen bilateral ties, visited Bangladesh

Recently, Sri Lankan President Maithripala Sirisena visited Bangladesh to further strengthen the bilateral ties between the two nations which values at US $ 142 million and has potential to be boosted. For this purpose, there must be mutual understanding economically and politically between the two countries, in addition to the free trade agreement (FTA), for which two high commissioners had discussions a few months ago.

Related Keywords: cheaper rates, draw up new strategies include retail and ecommerce, effective marketing, India Handloom Brand, loom upgradation, making good quality raw mateial available, revive handloom products, skill upgradion of weavers, to raise market position

India Handloom Brand in a bid to raise the market positioning of handloom plans to draw up new strategies that include retail and ecommerce. The new strategy for revival of the handloom products not only includes branding for effective marketing but also include skill upgradation of weavers, loom upgradation, making good quality raw material available at cheaper rates, availability of adequate credit facilities, product design, said Alok Kumar , development commissioner, handloom.

Related Keywords: affect Bangladeshi spinning sector, Bangladesh Textile Mills Association, break into local yarn market, cheaper rates, fall in consumption in China, largest cotton using country, lower prices of raw cotton, narrow profit margins, no hedging facility and warehousing system, purchase cotton at higher prices, supply raw material

The fall in consumption in China, the largest cotton-using country in the world is likely to affect the Bangladeshi spinning sector in two ways. Firstly, the slide in consumption will lower the prices of raw cotton worldwide further, which will also narrow the profit margins in Bangladesh. Secondly, other countries will break into the local yarn market as they will be able to supply the raw materials at cheaper rates.

Related Keywords: advantage of dispatching in bulk, aprons, bed linens, booming business in home textiles, cheaper rates, continue to route through sea, cushion covers, exported to overseas, gloves, mosaic of home textiles, not seen shipment, Pillow covers, proximity to textile hub, tea and kitchen towels, Textile hub of Karur, Tiruchi International airport

The textile hub of Karur has been witnessing booming business in home textiles with the volume of exports estimated at over Rs. 3,000 crore, according to trade circles. Despite robust growth in export of home textiles from Karur, the Tiruchi international airport has not seen shipment of home textiles notwithstanding its proximity to textile hub of Karur as export continues to be routed through sea

Cheaper rates and the advantage of dispatching goods in bulk are factors prompting textile exporters of Karur to send their home textile products by sea than air.

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.