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Related Keywords: British High Commissioner, Dominic Asquith, field of textiles and garments, highly constructive, India, leather, looking ahead to establish new ventures, major trading, other sectors, relationship between the two countries, rich cultural heritage, strategic partners, substantially economic, UK

UK looking ahead to establish new ventures in the field of textiles and garments, leather, banking and other sectors with India, said British High Commissioner Dominic Asquith today.

British High Commissioner Dominic Asquith, who called on Governor K Rosaiah was quoted as saying that UK and India are strategic partners and UK is a major trading for India. The relationship between the two countries is highly constructive and substantially economic.

Related Keywords: Bangladesh and Myanmar would be part, Bhutan, China Consulate General of Eastern Zone, China would form an economic corridor, India, keen to invest especially in textile sector, MA Zhanwu, meet organized by ICC, Odisha good place for investment, port development, proposal for bilateral trade between China and Odisha

China Consulate General of Eastern Zone, MA Zhanwu addressing a meet organized by the Indian Chamber of Commerce (ICC) in Bhubaneswar on Tuesday informed that Odisha is a good place for investment and China is keen to invest in the state of Odisha especially in textile sector, port development and food processing.

He also said that they can facilitate trade and investment between Odisha and China in the textile industry, port development, food processing, etc,. The people in the state of Odisha have lots of opportunities and they are doing well.

Related Keywords: bring cotton spinning back to spirtual home, building a new cotton spinning line in Manchester, create hundred jobs, fashion industry, German backed company, India, the US and Egypt, use cuttin edge technology, use raw material from Barbados, worldwide demand for high quality thread

A German-backed company is building a new cotton-spinning line in Manchester, to bring cotton spinning back to the spiritual home of the industry, thanks to worldwide demand for high-quality thread for the fashion industry. The new mill will use cutting edge technology to spin some of the most luxurious yarn in the world, using raw materials from Barbados, India, the US and Egypt. The yarn will be used in collections for the high-end fashion market.

Related Keywords: biggest producer, cotton, cotton area, cotton production, domestic trade, India, SIMA, USDA

Cotton output in all major producing countries in the year has been anticipated to be lower than the previous season. But with domestic trade estimating India ‘s cotton production at around 400 lakh bales, it is likely to emerge as the largest cotton producer in the world in 2015-16.

According to sources in Southern India Mills' Association (SIMA), the apex body of spinners in the Southern Region, China has had to vacate its place as the largest producer of cotton to India.

Related Keywords: Dubai World Trade Centre, enhance ties with textile traders, exhibitors, India, International Textile Fair Dubai, ITF, Japan, Korea, mainly from Europe, second edition begins, trade show for fashion and textile, Turkey, various traders from the local market., wide range of brand and products

The second edition of the two-day International Textile Fair-Dubai (ITF) kicked off on Sunday, October 11th at the Dubai World Trade Centre. This season, the International Textile Fair, UAE’s exclusive trade show for fashion and textile, is creating an inviting atmosphere that will inspire both exhibitors and visitors attending the fair.

Related Keywords: Bangladeshi garment makers, Chemtex strategic partner, Chemtex Inc, contract signing ceremony, Deshbandhu Group, imported from Arabian countries, India, Indonesia and China, local market main target, raw materials for plant, soaring garment exports, teamed up with, to build polyester staple fibre plant

Deshbandhu Group is a leading corporate house in Bangladesh has teamed up Chemtex Inc. a USA based technology and engineering solution provider for polyester staple fibre plant, first of its kind in Bangladesh. The contract signing ceremony between Deshbandhu Group and Chemtex was held yesterday at the capital's Sonargaon Hotel. Industries Minister Amir Hossain Amu was also present at the signing ceremony.

Related Keywords: biggest producer of cotton, CCI, China to curb purchases, declining demand, India, Pakistan and Vietnam, raise sales to Bangladesh, second biggest seller, this crop year, to a five year low, to suffer steepest loss, witness fall in cotton exports, world stockpiles

India, the world’s biggest producer and second biggest seller, are likely to witness fall in cotton exports by 41 percent to a five-year low of 7 million bales this crop year ending September as China, the top buyer to curb purchases, according to government official.

Lower exports from India could support benchmark New York price that fell to a one-week low on Monday.

Related Keywords: affect export, apparel, depreciation of Euro, economic uncertainties in Europe, Euro zone, Exports and traditional sectors, FIEO, India, M Rafeeque Ahmed, machinery, President of FIEO, Textile

Euro Zone accounts for about 18.5 percent of India’s exports and traditional sectors. The sharp and deep depreciation of the Euro would affect India’s exports to Euro Zone significantly According to Federation of Indian Export Organizations (FIEO).

Sectors of exports that are heavily concentrated in the Euro Zone are apparel (USD 6.4 billion), other textiles (USD 5.6 billion), leather and leather products (USD 3.2 billion), gems and jewellery (USD 4.0 billion) and machinery (USD 5.5 billion).

Related Keywords: agricultural products, bilateral trade, India, machines and equipment, materials for garments and textiles, textiles and garments, trade partner, trade turnover, Vietnam

The Vietnam-India bilateral trade turnover in the first 11 months of the year reached US$5.15 billion, posting an 8.37 per cent year-on-year increase. The two-way turnover has increased by an average 16 percent each year since 2009, making the two countries became important trade partners.

During Vietnamese Prime Minister Nguyen Tan Dung's official visit to India in October, the two countries agreed to take measures to promote bilateral trade to reach a turnover target of $7 billion in 2018, and $15 billion by 2020.

Related Keywords: Apparel exports, Bangladeshi apparel products, BGMEA, BGMEA president Anwar-ul- Alam Chowdhury, Cambodia, India, Indonesia, merchandise exports from Bangladesh, safety and compliance issues, US Department of Commerce’s Office of Textiles and Apparel (OTEXA), US market, Vietnam

Bangladeshi apparel products are losing orders over safety and compliance issues imposed after Rana Plaza tragedy and Tazreen Fashion fire incident. The declining trend is apprehended to be continued in the months to come unless measures are taken to boost up buyers’ confidence.

Apparel exports are losing edge in the US market to its competitors namely Vietnam, Cambodia, India and Indonesia, as buyers have started cutting back their orders.