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Related Keywords: consumed by India, cotton sector, Indian textile entrepreneurs urged to invest, Indian textile industry, looking at direct exports of cotton, Mali produces eight lakh tonnes of cotton a year, Mali produces long staple cotton, only five percent, opportunities to trade directly, processed in Mali, rest is exported, twenty percent of Mali cotton

Mali produces long staple cotton and only 5 percent of it is processed in that country and the rest is exported. Recently about 20 percent of Mali’s cotton is consumed by India, said Niankoro Yeah Samake, Mali’s Ambassador in India.

Mali, which produces eight lakh tonnes of cotton a year, is looking at direct exports of cotton to the Indian textile industry. However, most of the trade is through foreign companies. So, there are opportunities to trade directly. Currently, Europe and China are the biggest buyers of the West African nation’s cotton.

Related Keywords: decor, domestic market is currently estimated at USD one hundred ten billion, exports at USD forty billion, garment, Indian textile industry, Made ups, market size expected to touch USD two hundred fift billion, next two years, sixth edition of HGH India, Textile Commissioner Kavita Gupta, trade show for home textile, tremendous growth potential

The Indian textile industry see tremendous growth potential and it’s market size is expected to touch USD 250 billion in the next two years from USD 150 billion now. The domestic market is currently estimated at USD 110 billion and exports at USD 40 billion, said Textile Commissioner Kavita Gupta speaking after inaugurating the 6th edition of 'HGH India 2017', the annual trade show for home textiles and home décor held in Mumbai

Related Keywords: attract foreign investment, boost domestic players, develop skills, focus on creating jobs, geo-textile fabrics, growth of natural fibre sector, Indian textile industry, Make in India, modernisation, on the final day of Textiles India, Prime Minister Narendra Modi, roped in to hard sell India, Seven union ministers

Seven union ministers were roped in to hard sell India on the final day of “Textiles India-2017” event, by Prime Minister Narendra Modi to attract foreign investment in the Indian textile industry and to boost domestic players urging them to focus on creating jobs.

Union Ministers M. Venkaiah Naidu, Nitin Gadkari, Ananth Kumar, Nirmala Sitharaman, Radhamohan Singh, Mahesh Sharma and Rajiv Pratap Rudy took part in different sessions at Mahatma Mandir and urged the players to help and support Prime Minister Narendra Modi’s Avision of “Make In India”.

Related Keywords: Indian textile industry, meet the challenges, Mumbai Unit, Opportunities in the Current Challenges in Weaving Sector, opportunity to the textile technologists, organizing a seminar, share their thoughts, TAI, Textile Association of India

The Textile Association (India), Mumbai Unit to give an opportunity to the textile technologists to share their thoughts to meet the challenges is organizing a seminar on “Opportunities in the Current Challenges in Weaving Sector” this April.

TAI brings a seminar where the noted industry experts will not only be sharing their views but will also outline the forward path for the Indian textile industry. The subjects will cover right from the weaving preparatory to value addition keeping in mind the quality concepts of international standards and “Zero defect and Zero Effect” (ZED).

Related Keywords: demanding a level playing field, from next budget, in good demand, Indian textile industry, Man made fiber industry, respect to cotton, some rationalization expected, want excise duty reduce, Yarns made of polyester and synthetics

The Indian textile industry has been demanding a level-playing field with respect to cotton for a long time now and some rationalization is expected from budget 2017-18. The textile industry wants the next Union Budget to reduce the excise duty on manmade fibers and bring it on par with that of cotton.

The argument is that garments produced through manmade fibers are primarily used by the economically weaker sections of society.

The manmade fiber requirement of the Indian textile industry is expected to jump by at least five times by 2025 from what it is now.

Related Keywords: Chinese investors, cotton yarn export, cotton yarn import, export prices of yarns, Indian textile industry, Indian yarn export, Spun yarn export, spun yarn import, top yarn exporting countries, top yarn importing countries, TPP, Vietnamese apparel plants, yarn export to bangladesh, yarn export to china, yarn export value, yarn export volume, yarn import from Vietnam

The deceleration in spun yarn exports of India slowed down in November 2016 having fallen 21 per cent in volume terms and 14 per cent in value terms. Spun yarn (all kinds) shipments were at 90.1 million kg worth US$261.1 million or INR1,733 crore, implying per unit realisation of US$2.90 per kg which was down US cents 11 from previous month and up US cents 24 as compared to November 2015.

Related Keywords: Autoconer winding units, automatic package winding, German textile machinery manufacturers, Indian textile industry, textile business in india, textile company, textile exhibitions in India, textile innovation, textile machineries, textile market, textile mills in India, textill suppliers

The German textile machinery manufacturer Saurer Schlafhorst celebrated the sale of Autoconer winding unit number 2.5 million at INDIA ITME. The milestone winding unit will be delivered to the India-based textile company Kanchan India Ltd. in the first quarter of 2017. For Schlafhorst, INDIA ITME also proved a worthy occasion for holding a small reception to thank the Indian customers who have made such a significant contribution to this remarkable success.

Related Keywords: apparel and textile manufacturers, apparel exporters, demonetization, fashion brands and labels, fashion garment exporters’, Indian textile industry, organized textile sector, overseas textile traders, Taiwanese textile companies, textile business in india, textile exports of India, textile importers, textile innovation, textile retailers, Worldex India Exhibition & Promotion, yarns and fabric sourcing

Ms. Arti Bhagat, Director, Worldex India Exhibition & Promotion Pvt. Ltd. said “The organized textile sector has welcomed the decision of demonetization as it would streamline the transaction system which will result in transparent business transaction with overseas traders. The demonetization will affect Indian textile industry in India in terms of purchase of new yarns and fabric from cash payment and is also expected to reduce textile related export orders for a short duration.

Related Keywords: apparel and accessories sourcing, fabric makers, fabric sourcing, fabrics suppliers, fiber sourcing, Indian textile hubs, Indian textile industry, major textile companies in India, textile exhibitions in India, Yarn Fabric & Accessories Show (YFA), yarn manufacturing, yarn sourcing, yarns supplier

The Yarn Fabric & Accessories Show (YFA) 2016 which starts from November 23-26, 2016 at NSIC Okhla, New Delhi, India aims to redefine the way fiber, yarn, fabric and apparel accessories are sourced and bring renowned suppliers from the these four segments closer to buyers and also offer buyers a one-stop place to source all their requirements.

Related Keywords: Asian yarn and fibre industry, Birla Spunshades, Birla Viscose fibres, fibre products in China, fibre suppliers, high quality cotton yarns, Indian textile industry, Messe Frankfurt, synthetic yarn in China, textile industry in China, textile makers in Indonesia, textile manufacturers in India, Uzbekistan yarn industry, Yarn Expo Autumn 2016, yarn suppliers

One of the most important annual events in the Asian yarn and fibre industry, Yarn Expo Autumn is set to return this week from 11th – 13th October 2016, with a record number of exhibitors and exhibition space.

“Following on from the strong business sentiment about the yarn and fibre industry at the spring fair in March, we are just as optimistic for this edition as well given the exhibitor number has risen once again to a new record for the fair,” Ms Wendy Wen, Senior General Manager, Messe Frankfurt (HK) Ltd, said.