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Export entitlement quota for garments, yarn extended for another one year

Related Keywords: allotted export entitlements, applicable in respect of countries exports are covered, Canada and European Union, competent registering authorities, effect from beginning of January next year, Export entitlement quota, exporters registered, extended for one year, fabrics and made-ups, FCFS system, Knitwear, readymade garments, US, yarn

The export entitlement quota for readymade garments & knitwear, yarn and fabrics & made-ups to the US, Canada and European Union extended for one year with effect from 1 January, 2017.

As per a notification issued by Textiles Ministry, it states that the Union Government decides to extend the operation of the residuary provisions of yarn, fabrics & made-ups export entitlement (quota) policy for a further one year with effect from 1 January, 2017,

Similarly, it also extended the operation of the residuary provisions of garments and knitwear.

Bangladesh garment exports exceed target set in FY2015-16

Related Keywords: achieve healthy export earnings, Bangladesh garment industry, Bangladesh Garment Manufacturers and Exporters Association, better export growth, earnings also exceeded the target set for the year, high-end products, Knitwear, profit margin declined, registered ten percent growth from the previous year, woven products

Bangladesh garment industry generated $28.09bn exports in the fiscal year 2015-16 which just ended, registering a 10.21% growth from the previous year. The data officially released yesterday showed that the earnings also exceeded the target of $27.37bn set for the year. Of the total figure, the knitwear constituted $13.35bn and woven products $14.74bn, according to Export Promotion Bureau data.

Turkmenistan to hold an Int’l exhibition of textile products this June

Related Keywords: cotton fiber, cotton yarn and fabrics, denim garments, Knitwear, panne, plans to hold international exhibition, silk fiber and yarn, the national fabric, this june in Ashgabat, traditionally grows cotton, Turkmenistan textile industry, way to a new stage of development

Turkmenistan textile industry is on the way to a new stage of development as it plans to hold an international exhibition in Ashgabat on June 4-5, 2016, said the message from the event's organizers, Turkmenistan's Ministry of Textile Industry and the Chamber of Commerce and Industry May 31.

The textile industry holds an important place in Turkmenistan's economy as it traditionally grows cotton which is a basis for ensuring the development of the textile industry.

This year, it’s planned to collect 1.05 million tons of cotton from an area of 545 hectares in Turkmenistan.

Tirupur to host the 42nd India International knit fair 2016

Related Keywords: blouses, casuals and children wear, display women's apparel, fashion show, Forty Second India International knit fair, hundred buying agents from different countries to participate, India Knit Fair Association, knitted T-shirts, Knitwear, knitwear segment, showcase end-to-end products, sixty five buyers, skirts, spring summer collection

The 42nd India International Knit Fair for spring summer collection organized by India Knit Fair Association will be held in Tirupur from May 11, 2016. Union Textiles Secretary Rashmi Verma will address an Exporters' Meet on May 10 and inaugurate the fair the next day in the presence of Apparel Export Promotion Council Chairman Ashok G Rajani.

The India Knit Fair has emerged as one among the most reputed knitwear trade fairs in the world and aims to showcase the end-to-end products pertaining to the knitwear segment.

Mauritian delegation to explore clothing and fashion sector of Denmark

Related Keywords: attend series of buyer seller meeting, Copernicus International Consulting Ltd, delegation includes companies across the textiles and clothing sectors, Delegation of leading Mauritian manufacturers, denim and fashion market, Enterprise Mauritius, including textile and clothing sector, Knitwear, organizing the meet, visit Herning and Copenhagen

A delegation of leading Mauritian manufacturers including the textile and clothing sector will visit Herning and Copenhagen in Denmark to attend a series of buyers’ and sellers’ meetings to be held on 12 and 13 May. As Mauritius was a competitive supplier into the knitwear, denim and fashion markets internationally. This is a sector that the Mauritian delegation is particularly interested to explore in Denmark.

Belarus to host the 38th Beltexlegprom textile exhibition

Related Keywords: Belexpo National Exhibition Center, biggest industrial exhibition, corsetry, exhibition will feature clothes, fabric and nonwoven fabric, fur, headgear, home textiles, Knitwear, leather and goods made of them, lingerie, organizing Beltexlegprom, scarves, shawls, swimwear, Trade Ministry of Belarus

The Trade Ministry of Belarus is organizing Beltexlegprom - Belarus' biggest industrial exhibition again this year. The exhibition is organized by the Belexpo National Exhibition Center under the support of the Trade Ministry.

The business program of the exhibition will include special-purpose seminars, roundtables with the participation of leading companies, representatives of the trade sector and mass media, and also the presentation of participating firms and a display of clothes and footwear collections.

Sales to Asian markets help Ciel Textile achieve 27pc rise in profit

Related Keywords: bottoms, CIEL Textile, dyeing and retail, dyeing and retail 8 business units: knitwear, eight business units, expansion in Asia, internationalisation of operations, knits, Knitwear, major strategic focus, Mauritian clothing manufacturer, rise sales to Asian markets, shirs, spinning, weaving

Mauritian clothing manufacturer Ciel Textile has reported a 27% rise in full-year pretax profit to 827.20 million rupees ($23.31 million), thanks to its expansion in Asia which have helped rise sales to Asian markets Internationalisation of operations and expansion in Asia remain the major strategic focus of the group, the company said.

The supplier of knitwear to Britain's Marks & Spencer and Next and Spain's Inditex reported revenue for the year to June 30 of 10.11 billion rupees from 9.56 billion rupees a year ago. Market conditions in Europe and South Africa remain challenging.

Pakistan textile exports recorded double digit growth of 11.24pc in August

Related Keywords: bed wear, cotton cloth, double digit growth, in August, Knitwear, mainly driven by substantial increase in export proceeds, Pakistan textile export, PBS data, raw cotton, readymade garments, towels, yarn

Pakistan’s textile exports after witnessing downward trend for last several months has seen double digit growth of 11.24 percent in August 2015 as per data of Pakistan Bureau of Statistics (PBS) released on Monday. The unprecedented growth was mainly driven by substantial increase in export proceeds of raw cotton, cotton cloth, yarn, knitwear, bed wear, towels and readymade garments.

Exports of textile and clothing recorded at $1.02 billion in the previous month as against $889 million of a year ago.

Pakistan witnessed rise in value added textile exports by 7.5pc in FY2014-15

Related Keywords: deemed import basis for PSF, enhance MMF content in export products, implemented an incentives-laden, Knitwear, Pakistan Bureau of Statistics, Pakistan export of value added textile product, ready garment export, rise in preferential access, textile package, to European union under GSP plus scheme, witnessed raise

Pakistan’s exports of value-added textile products witnessed raise by 7.5 percent to $4.517 billion in 2014-15 from $4.202bn a year ago. Also exports of readymade garments grew 10.5pc to $2.101bn from $1.909bn, and of knitwear raised 5.37pc to $2.416bn compared to $2.293bn during the previous year. The reason behind the rise is preferential access to the 28 nation European Union under GSP plus scheme, according to the Pakistan Bureau of Statistics said on Monday.

Mauritius keen to increase textile and apparel exports in high-end niche markets abroad

Related Keywords: and suits, children wear, denim, high end niche overseas market, increase textile and apparel exports, knits, Knitwear, Mauritian manufacturers, Mauritius succesful display, national trade promotion agency. Enterprise Mauritius, quality and h, reliable sourcing destination, shirts, South Africa trade fair, textile and clothing trade event

Mauritius after a successful display at the recently-concluded Source Africa trade fair, pan-African most important textile, clothing and footwear trade event on the global calendar is keen to increase textile and apparel exports in the overseas market this year.

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