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Related Keywords: fashion/textile industry, Global textile market, innovative solutions, international brands, sourcing for leading apparel brands, strategic sales direction, supply chain operations, textile ecosystem participants, textile vertical

Mr Buchen, together with MeiLin Wan, Vice President of Textile Sales, will lead the company’s sales efforts in its textile vertical. Mr Buchen will be responsible for the strategic sales direction, focusing on business development, key accounts, integrated value chain propositions and new customer relationships and partner development. He will also design and implement go-to-market strategies for new applications of Applied DNA’s CertainT platform in textiles.

Related Keywords: export of textile products, Federation of Pakistan Chambers of Commerce and Industry, Global textile market, provision of raw materials to the textile sector, report consists of issues of the export-oriented sectors including the textile sector, textile package, textile sector

Bangladesh set an aim to attain textile exports of $60 billion, India set its target to increase exports to $30 billion, while Pakistan’s total exports have decreased from $25 billion to $20 billion, in which the textile sector’s share is 61 per cent.

The report evaluated that the China’s export of textile products share is 36 per cent, Vietnam contributes 12.4 per cent, similarly Pakistan’s share is 7 per cent, therefore a trilateral products specific agreement between China, Pakistan and Vietnam will acquire 50 per cent share of the Global Textile market.

Related Keywords: fabric makers, fibres and filaments, geotextile, Global textile market, Indian technical textile, Manufacturer Association of Nonwovens, Non Woven Tech Asia 2017, non-woven industry, Nonwoven fabrics, Polymers producers, Technical Textiles, Textile & Engineering Institute, textile and apparels, textile buyers, textile exhibition, textile industry of India, Textile research, textile suppliers, yarns makers

Non Woven Tech Asia 2017, The 4th International Exhibition & Conference of Nonwoven Industry organized by Radeecal Communications in association with gujNON Manufacturer Association of Nonwovens at Bombay Exhibition Centre, Goregaon (E), Mumbai, Maharashtra, INDIA.

Related Keywords: digital printers for textile, Global textile market, international textile market, Italian digital printing, ITMA 2015, Technical textile, textile digital printing, textile engineering, textile industry of Italy, textile machines in Italy

During ITMA 2015, Aleph Team presented to the international market the two new industrial large format digital printers LaForte®Paper and LaForte®Textile, delivering high performance and allowing the quickly creation of high quality finished product with precision. The arguments that convinced visitors and customers during the presentation were the technical and mechanical aspects of the two models as a result of an outstanding work masterfully executed by Aleph engineers and of course the typically Italian design and aesthetics.

Related Keywords: cost of textile production in Pakistan, Global textile market, high cost of electricity, incentives to their textile sector, Pakistan’s textile exports, textile industrialists, textile industry of Pakistan

In October 2015, Pakistan’s textile exports declined by over 10 per cent as compared to the same month last year mainly due to continuous energy shortage, high cost of production and declining prices globally.

According to the latest figures of the Pakistan Bureau of Statistics (PBS), Pakistan’s textile exports were $1.05 billion in October 2015 as against $1.18 billion of the same month of last year, down 10.69 percent.

Related Keywords: Global textile market, international sanctions, investments in textile technology, Italian trade agency, Italy’s textile machinery industry, nuclear agreement, spinning industry, Technical textile, textile machinery manufacturers

Iran has historically been a major market for Italy’s textile machinery industry. However, international sanctions have ceased the movement of textile machineries to Iran.

The recent nuclear agreement is expected to pave the way toward a competitive relaunching of the local textile industry.

In order to strengthen its presence in Iran, ACIMIT (the Association of Italian Textile Machinery Manufacturers) will participate in the Italian trade mission in late November.

Related Keywords: European food market, European textile market, export development cooperation, fair trade, Global textile market, home accessories makers, home decor, home textile exporters, home textile manufacturers

The Indonesian Trade Ministry and the Netherlands’ center for promotion of imports from developing countries (CBI) held a two-day training on fair trade for local home décor and home textile exporters on Monday and Tuesday.

The government focused on improving the competitive advantage of the local home accessories and home textile makers in the global market.

With growing demand for fair trade certification globally, government urged these local textile makers to acquire the certification to be competitive in the market.

Related Keywords: American dollar, cotton exports, Global textile market, Indian cotton, Indian textile exports, rupee depreciation, yuan devaluation

The rupee fell by 36 paise (0.5 per cent) to close at a two-year low of 66.82 against the American dollar on Monday on firm dollar demand from banks and importers and volatile domestic equities. The Indian currency has depreciated about 7 percent since April.

The depreciation of the rupee would have ambiguous impact on Indian textile industry. Fall in rupee will possibly benefit the Indian textile exporters as China could further devalue its currency to increase competition.

Related Keywords: attract new investment, Bangladesh government, development in local, double existing production, drafted textile policy 2014, existing textile policy failed, export oriented garment sector, Global textile market, high value added products, new policy initiated, raise domestic production, use modern technology

The Bangladesh government has drafted the 'Textile Policy 2014’, the move to prepare a new policy was initiated as the existing textile policy of 1995 has failed to address the developments in local as well as global textile market, officials said.

The new textile policy drafted plans to raise the domestic production to 14,036 metres by the fiscal year 2019-20 that is double the existing local textile production.

Related Keywords: blended polyester, cotton, export of textile products, FBR, FOB value on export, Global textile market, notifed new DBK, Pakistan textile export, woven fabric, woven garment

Pakistan eyeing bigger share of global textile market, the Federal Board of Revenue (FBR) has notified new rates of duty drawback on export of textile and allied products. According to notification (SRO754 of 2014) issued on Tuesday, the new rates will be effective from Aug 21.

The FBR has also issued another notification to allow new rates of duty drawback to exporters retrospectively from Jan 1 as well.
In the current budget, the Pakistan government announced textile package to be effective from July 1 to provide relief for the textile exporters.