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Related Keywords: entered into business alliance, focus on cotton textiles, growing and India has emerged, in recent years processing of synthetic textile products, India, joint development, largest synthetic textiles markets in the world after China, leading textile market, marketing of products, Nicca Chemical, processing synthetic textile, Resil Chemicals

India is a leading textile market with a focus on cotton textiles. However, in recent years processing of synthetic textile products has been growing and India has emerged as the largest synthetic textiles markets in the world after China. Resil Chemicals has entered into business alliance with Nicca Chemical (Japan) for joint development and marketing of products used for processing synthetic textiles.

Related Keywords: apparel including all handloom, brands and retailers from Asean, exports of all kinds of textiles, India, India-Asean weaving textile relation seminar, leverage strength in textile value chain, Minister for Textiles, one-stop sourcing destination, Smriti Irani, strengths in production

India has strengths in production and exports of almost all kinds of textiles and apparel including all handloom and handicraft products that demonstrate the unique skills of the country's weavers and artisans. To leverage country’s strength in textile value chain, Minister for Textiles Smriti Irani at a seminar on India-Asean weaving textile relations on Tuesday said that with the ability to produce a diverse range of products, India has the potential to become a one-stop sourcing destination for brands and retailers from Asean.

Related Keywords: begin collecting anti-dumping duties, China, imports of fine denier polyester staple fibre, India, Korea and Taiwan, less than fair value, Preliminary anti-dumping determinations, producers and exporters, PSF, selling merchandise, The US Customs and Border Protection, US department of commerce

The preliminary anti-dumping determinations by the US department of commerce that producers and exporters from the 4 countries China, India, Korea and Taiwan are selling merchandise at less than fair value. The US Customs and Border Protection to begin collecting anti-dumping (AD) duties on imports of fine denier polyester staple fibre (PSF) from these four countries.

Related Keywords: 500 tonnes by 2020, 500 tonnes now, 80 percent of total silk production, consumed locally, from about 34, India, largest consumer of silk, meet growing demand, popular benchmark, reach about 38, second largest producer of silk, Silk Mark Expo, steps taken to increase production capacity

India is the second largest producer of silk after China and the largest consumer of silk. About 80 percent of the total silk production is consumed locally. To meet the growing demand, steps have been taken to increase the total silk production capacity which is expected to reach about 38,500 tonnes by 2020 from about 34,500 tonnes now, Puneet Agarwal, Joint Secretary, Union Ministry of Textiles, said at the inauguration of Silk Mark Expo 2017 held in Chennai.

Related Keywords: Bangladesh garment manufacturers, BGMEA, China and the Latin American countries, Chittagong port and airports, demand for efficient functioning, exporters, growth of apparel exports, import garment items, India, knitwear sector, stable power tariff, target emerging exports destinations, worth billions of dollars every year

Bangladesh garment manufacturers and exporters to target emerging exports destinations like India, China and the Latin American countries as they import garment items worth billions of dollars every year. For the continued growth of apparel exports, they have demanded that the government ensure efficient functioning of the Chittagong port and airports and a stable power tariff.

Tapan Chowdhury, president of the Bangladesh Textile Mills Association said that they want price predictability of electricity and gas so that they can plan for long periods in their business.

Related Keywords: Augira Polymers, based on petitions filed, China, DAK Americas LLC, DOC, ends anti-dumping investigation on Vietnam, imported from Việtnam, India, Nan Ya Plastics Corporation, officially initiated investigation, polyester fibre, the Republic of Korea and Taiwan, US department of commerce

The US Department of Commerce (DOC) earlier, on June 20, based on petitions filed by DAK Americas LLC, Nan Ya Plastics Corporation and Augira Polymers had officially initiated the investigation on polyester fibre imported from Việtnam, China, India, the Republic of Korea and Taiwan.

DOC announced the termination of the anti-dumping investigation on polyester fibre imported from Việtnam.

Related Keywords: boots, can be exported, caps, high import duties, huge market of winter wears in Russai, India, India can provide it with jute bags, leather jackets, likely to reach more than USD one billion, pashmina shawls and various other woolens, Russia, Russia pushing to become environment friendly, Textile India, textile trade

The textile trade between India and Russia currently stands at $161 million, but has the potential to reach more than $1 billion with a huge market of winter wears in Russia, said J K Dadu, additional secretary, Union ministry of textiles while speaking at a country session on the second day of Textiles India 2017.

With over 10 months of extreme cold climate in Russia, India can has the potential to cater to this weather through items such as leather jackets, caps, boots, pashmina shawls and various other woolens, which it can export.

Related Keywords: America, and Vietnam, Auriga Polymers Inc, filed by DAK Americas LLC, filed countervailing duty petitions, fine denier polyester staple fiber, fine denier PSF, from China, from china and India, India, Korea, Nan Ya Plastics Corporation, Petition for antidumping, Taiwan

Petition for antidumping (AD) on fine denier polyester staple fiber (fine denier PSF) from China, India, Korea, Taiwan, and Vietnam has been filed by DAK Americas LLC; Nan Ya Plastics Corporation, America; and Auriga Polymers Inc. They have also filed countervailing duty (CVD) petitions on fine denier PSF from China and India.

Related Keywords: deadline for ending direct subsidies, export incentive to any sector, export subsidy regime, foreign trade policy, global market, including textiles, India, per capita gross national income, phase out all export incentives, set to cross USD thousand, textile companies, three consecutive years, World Trade Organization rules bar

India may face the larger challenge of completely phasing out all export incentives with its per capita gross national income (GNI) set to cross $1,000 for three consecutive years, after which India may soon have to phase out its export subsidy regime in the current form as World Trade Organization (WTO) rules bar it from offering export incentives to any sector, including textiles, when it reaches certain thresholds that it is nearing. The deadline for ending direct subsidies to textile companies is December 2018.

Related Keywords: affected six jute industries of Biratnagar, against the Nepal-India trade agreement, export has come down to zero, India, Indian govt, jute traders. both countries should be treated equally, major market for Nepali Jute. India imposed a huge Countervailing Duty, Nepali jute mills association, on jute, working to lift CVD

India is the major market for Nepali Jute. After India imposed a huge Countervailing Duty (CVD) on jute, it has affected six jute industries of Biratnagar. However, imposition of CVD on jute products is against the Nepal-India trade agreement, said jute traders. As per the Nepal-India trade agreement, jute industries of both the countries should be treated equally.

The Indian government started imposing a 12 percent tax on jute imported from Sri Lanka, the Maldives and Nepal from December 15. Before December 15, India was charged only 1 percent tax on Nepali jute.