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Related Keywords: Agriculture, agro-processing, business potential in African countries, CII, delegation from five African nations, discussed about opportunities in textiles, Ethiopia in agro-processing, Indian industrialists and entrepreneurs, Mali is interested in textiles, Seminar organised by the Confederation of Indian Industries, textiles and garment

At a seminar organised by the Confederation of Indian Industries (CII) in Coimbatore on Thursday, a delegation from five African nations discussed about opportunities in textiles, food and agro-processing, agriculture, leather and leather garments, renewable energy, healthcare, pharmaceuticals and education where Indian industrialists and entrepreneurs can find business potential in African countries.

Mali, Seychelles, Uganda, Ehtiopia and Botswana were the African nations that had their representative talk about business opportunities in their respective countries.

Related Keywords: aim to showcase NER, association with Ministry of DoNER, CII, explore unlock huge potential, global destination for investment, industry associations FICCI, inherent skilled work force, initiative to organize first ever, Investor Summit exclusively for Northeast, locally available raw material, Ministry of Textiles, textile manufacturing

The Ministry of Textiles have take an initiative to organize first ever Investors’ Summit exclusively for the Northeast (NER) in association with the Ministry of DoNER and industry associations FICCI and CII with an aim to showcase the NER as a global destination for investment, and explore possibility of convergence of efforts of various central Ministries and North Eastern States to attract investment in NER.

Related Keywords: BTMA, CII, garment sector, inadequate production capacity, Indian delegation in Dhaka, looking for investment opportunities in textile sector, opportunity for growth, urged to invest in Banglaodeshi weaving sector

Indian delegation that is in Dhaka looking for investment opportunities in the textile sector has been urged to invest in the Bangladeshi weaving sector as there is an opportunity for growth said Fazlul Hoque, vice-president of Bangladesh Textile Mills Association who led the Bangladeshi team at a discussion with the leaders of the Confederation of Indian Industry (CII) at the BTMA office in Dhaka.

Related Keywords: CII, drop in currency exchange rate, euro tumbled against the dollar, garment prices, heavy competition, hit hard, lower margin for manufacturers, negotiate better deal, pre-shipment credit in foreign currency, revised once in few years, sizeable exporsure to currency, Tirupur textile exporters

Businesses close to home and individual textile exporters in Tirupur, Tamil Nadu, who have sizeable exposure to the currency, have been hit hard after the recent drop in the currency’s exchange rates.

The euro tumbled against the dollar — falling 3.6 cents — after the strong US jobs data released last week. With the euro at 1.06 to the dollar, the market is bracing for the currency reaching parity with the dollar — that would mean a further fall.

Related Keywords: CII, investment destination, Jaipur summit, multi-country linkages, Partnership with Ministry of Commerce, Rajasthan, Textile Industry

Confederation of Indian Industry (CII) in association with the Ministry of Commerce and Industry is organizing a three day 'Partnership Summit' in Jaipur, Rajasthan an important place to organize such summits as it attracts one third of the tourists coming into India and a prosperous textile industry is present there. The Summit will begin from January 15.

Related Keywords: apparel sector, CII, credit linkage, direct marketing, draft action plan, dyeing sector, policy for manmade fibres, polyester, powerloom weavers, Sripuram Trust, Textile bank, textile park projects, Tirupur textile sector

In response to its draft action plan for apparels sector brought out by the Union Ministry suggestions the CII (Tirupur district council), and Sripuram Trust (a body of textile sector representatives) has put up proposal for creation of a ‘Textile Bank,’ a separate policy for manmade fibres and polyester, a processing zone for dyeing sector, and direct marketing facilities for power loom weavers.