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Related Keywords: country offers best conditions, emerging markets of Eastern Europe, expected to grow, FDI, financial incentives, Foreign Direct Investments, in the Western Balkans, link between southern and central Europe, prime strategic position, such as government subsidies, Turkish investment in Serbia, Turkish knitted fabric and knitwear manufacturers

Turkish investment in Serbia is expected to grow in the short term as the country offers the best conditions for foreign direct investments (FDI) in the Western Balkans. The Balkan country is offering financial incentives, such as government subsidies, as well as a prime strategic position as a link between southern and central Europe and the emerging markets of Eastern Europe, said Aleksandar Medjedovic , the chairman of Turkey - Serbia Business Council.

Related Keywords: FDI, Global Vision of Indian Textile Industry, Indian textile suppliers, International textile conference, Make in India, Technical Textiles, Textile Association (India), textile investment, textile manufacturers, textile market in India, textile mills in India, textile sector, TUFS scheme

The Textile Association (India), Mumbai Unit organized International Textile Conference on “Make in India – Global Vision of Indian Textile Industry” on 1st & 2nd December 2016 at Hotel The Lalit, Mumbai. The Conference received overwhelming response.

Mr. C. Bose, President, TAI, Mumbai Unit welcomed the Chief Guest, Mr. Ujjwal Uke, IAS, Principal Secretary (Textiles), Government of Maharashtra and Key Note Speaker, Mr. R. D. Udeshi, President-Polyester Chain, Reliance Industries Limited. He also welcomed the Awardees, Speakers, Press, Media and delegates.

Related Keywords: a textile machine manufacturer, contacting many Vietnamese enterprises, discuss the supply of machines, FDI, foreign textile machine manufacturers, hight demand for textile machinery, Japanese Tsudakoma Group, textile and garment, Vietnam, Vitas

Vietnam, one of the biggest garment exporters in the world with $24 billion worth of exports in 2014 and to put out such big volume of goods the industry needs 6.5 billion meters of cloth more a year. In order to make out the volume of cloth, it will also need $6.5 billion worth of investment capital, 60 percent of which would be spent on machines, according Nguyen Van Tuan, deputy chair of the Vietnam Textile and Apparel Association (Vinatas).

Related Keywords: FDI, FIA, first seven months, foreign investors pouring capital, investors investing in yarn productioninvestors investing in yarn production, over the Trans-Pacific Partnership, primarily to textile sector, Vietnam managed to attract, yarn forward rule in the TPP

Vietnam has managed to attract nearly $9 billion in foreign direct investment (FDI), primarily to the textiles sector in a number of multi-million dollar projects in the first seven months of this year, announced the Foreign Investment Agency (FIA) under the Ministry of Planning and Investment.

Related Keywords: create jobs, FDI, household goods and textiles, IKEA, Ikea AB, Indian subsidiary of Swedish furniture retailer, inked a pact, largest retailers in furniture, make investment for setting up outlets, with Maharashtra government

Furniture retailer Ikea India, the Indian subsidiary of Swedish furniture retailer Ikea AB plans to make investment of Rs.600 crore for setting up 2-3 outlets in the state of Maharashtra for which it has inked a pact with the Maharashtra government.

Chief Minister Devendra Fadnavis told the legislature in a statement that the company will invest Rs 600 crore in Maharashtra to set up 2-3 outlets. Each outlet will create around 1000 jobs.

Related Keywords: apparel industry, attract investors, creating favourable conditions, FDI, Germany-based Tchibo, labour unrest, Major brands from Ethiopia and Kenya, rising wages, Sweden-based H&M, UK-based George at Asda, USA-based Phillips-Van Heusen, various countries in South Asia

Major brands are beginning to source from Ethiopia and Kenya due to rising wages in China, labour unrest and violence in Cambodia, and ineffective compliance with rules and regulations in various countries in South Asia – leading to fires and, in particular, the collapse of the Rana Plaza building in Bangladesh. Also, the governments in Ethiopia and Kenya are creating favourable conditions in order to attract investors, according to a new report from the global business information company Textiles Intelligence.

Related Keywords: clothes, fabrics, FDI, free on board, month of January, production output of garment and textile products, Saigon Garment Manufacturing Trading, turnover witnessed growth, Vietnam garment and textile exports, Vietnam Textile and Apparel Association

Vietnam garment and textile export turnover witnessed 1.2 percent growth in the month of January over the same month last year to reach US$1.9 billion, according to Vietnam Textile and Apparel Association.

The production output of garment and textile products such as fabric and clothes have been on the rise compared to the same period last year as many businesses have got orders to produce until the end of the first quarter this year and even the second quarter to some.

Related Keywords: disinvestment of sick cooperative mills, draft of new textile policy, FDI, Fiber to fashion approach, full fledged textile hub, garment factories, India losing out market of China, Indian cotton to become garment, nine month, review existing textile policy of Maharashtra, Suresh Halwankar Committee, textile sector

The Suresh Halwankar Committee formed to review the existing textile policy of Maharashtra taking into consideration that India are losing out the market to China mainly because it takes nine months for Indian cotton to become a garment. While in China, it takes just two months because of full-fledged textile hubs and hence recommended establishment of mega-textile hubs spread over 1,000 hectares as against allowing garment factories to come up in a scattered manner.

Related Keywords: Asia-Pacific region, business opportunities, expanding production line, FDI, Foreign firm, in Vietnam, investing billions of US dollars, reduce non-tariff barriers, regional free-trade agreement . eliminating tariffs, starting production, trade pack, Trans-Pacific Partnership, Vietnamese textile and garment

Foreign firm have started expanding their production line or starting production in Vietnam investing billions of U.S. dollars in anticipation of business opportunities the Trans-Pacific Partnership will bring which is due for completion in the near future.

Related Keywords: FDI, garment and textile export, GSO, import from China, textile fiber, trade deficit, Vietnam trade surplus

Vietnam recorded a trade surplus for the third consecutive year, after recording surpluses of US$280 million in 2012 and more than US$860 million in 2013. This year it is touched US$2 billion according to the General Statistics Office (GSO).

According to the GSO, foreign direct investment (FDI) enterprises contributed to the majority of revenues of Vietnam's key export products which includes garment and textile exports, accounts 59.4 percent of US$20.77 billion.