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Related Keywords: apparels, domestic buyers, fabrics, home textiles, Indian and international buying houses, industry heads and business leaders, made-ups, man-made fibre textiles, procurement managers, retail brands, sourcing agents, South India Textile Research Association, Southern India Mills’ Association, Synthetic and Rayon Textiles Export Promotion Council, technical textiles and accessories, textile trade, yarns

Speaking at a roadshow conducted in association with Southern India Mills’ Association (SIMA) there on last Tuesday, Mr. Ronak said manufacturers and exporters of man-made fibre textiles, including yarns, fabrics, apparels, made-ups, home textiles, technical textiles and accessories, would be showcasing their products at Source India.

Related Keywords: cotton prices remaining stable and ruling at lower levels compared to the international market, fabric, global cotton yarn trade during 2015, handloom, hosiery yarn, increased fabric demand, largest textiles and clothing exporter, made-ups, Merchandise Exports from India Scheme, moving yarn counts, open-end yarn, Prices of Shankar 6, raw cotton, Southern India Mill’s Association, surplus spinning capacity, Vietnam cotton yarn, yarn imports, yarn market, yarn prices, yarn used for weaving

Prices of Shankar 6, the popular cotton variety used by mills, are ruling at around Rs 43,000 per candy (a candy is about 355 kgs). The landed cost for imported cotton of a similar variety works out to Rs 48,000-50,000 per candy. Especially in the export market, cotton prices are ruling lower than the international market giving mills the much needed momentum.

Related Keywords: displaying varieties of apparel fabrics, exporters, home textiles, IITExpo-Colombo 2018, knitted and non-woven, made-ups, More than 40 Indian fabric manufacturers, organized by Powerloom Development & Export Promotion Council, PDEXCIL, showcasing textiles of India, three day event, to take place next week in Colombo, traditional item, woven

IITExpo-Colombo 2018, a three day event organized by Powerloom Development & Export Promotion Council (PDEXCIL) showcasing textiles of India, to take place next week in Colombo. This is for the third time the event is being held in Sri Lanka, previous event held in 2013 & 2017.

Related Keywords: Afghan Ministry of Commerce and Industry, cut import duties, India and Uzbekistan, India requested Uzbekistan, interested in investing, made-ups, not able to attract necessary investment, promote trade, some textile items like fabrics, textile sector in Afghanistan, trying to implement programs, with the two countries

India and Uzbekistan are interested in investing in the textile sector in Afghanistan and that the Afghan Ministry of Commerce and Industry is trying to implement programs with the two countries.

Meanwhile, some economists say that Afghanistan has not been able to attract the necessary investment in the sector.

In this episode of Bazar host Nargis Mosavi discusses the topic with Rahimullah Samandar chief operating officer at Afghanistan Chamber of Industries and Mines (ACIM).

Related Keywords: 150 crore, adverse impact of GST, cost the exchequer, declined by nearly 40 percent, during current financial year commerce department, Export of ready-made garments, government to boost, help manufacturers tide over, made-ups, move on MEIS expected, provide thrust to shipment, ready-made garments, shade under Rs 1, to USD829 million in October

The export of ready-made garments had declined by nearly 40% to $829 million in October. The move on MEIS is expected to cost the exchequer a shade under Rs 1,150 crore during the current financial year and Rs 685 crore in 2018-19, the commerce department said.

The government to boost to ready-made garments and made-ups to help manufacturers tide over the adverse impact of GST and provide a thrust to shipments of these two major segments of the textiles sector on Friday enhanced incentive rates under the Merchandise Exports from India Scheme (MEIS) to 4%, a source said.

Related Keywords: apex body of manufacturers, association with Embassy of India in Abu Dhabi, Consulate General of India in Dubai, exporters of Man-Made Fibre, held in Dubai, Incredible Indian Textiles, made-ups, MMF textiles, Nineteen Indian companies participating, organizing first ever exhibition, SRTEPC India, yarn to fabrics

The Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) of India, an apex body of manufacturers and exporters of Man-Made Fibre (MMF) textiles, is organizing the first ever exhibition of “Incredible Indian Textiles” in Dubai in association with the Embassy of India in Abu Dhabi and Consulate General of India in Dubai.

The exhibition will be held next week in which 19 companies from India will participate with an aim to forge strategic alliance with importers in the UAE.

Related Keywords: bedsheets, boost entire supply chain, boost home textile segment, curtains, decorative cotton products, etc sector. relief for made ups exporters, extended five percent duty drawback benefit, government, made-ups, main markets, passing through a difficult phase, preferential tariff, products face duty disadvantage, the European Union, towels

Government to boost home textile segment has extended a five percent duty drawback benefit to the made-ups (including towels, bedsheets, curtains, decorative cotton products, etc) sector. This move has come as a big relief for made ups exporters passing through a difficult phase.

Related Keywords: AEPC, buyers, certification procedures, Cotton Textiles Export Promotion Council, fabrics, finished textile products, garments organic certification, Global Organic Textile Standard, made-ups, mandatory, NPOP, raw cotton export, Textile exporters, yarn

Raw cotton export already required certification under the National Programme for Organic Production (NPOP). It is now required of any finished textile product exported as an organic one such as yarn, fabrics, made-ups and garments as the government has made it mandatory.

R K Dalmia, Chairman, The Cotton Textiles Export Promotion Council said that national standard for organic cotton is a welcome move but the manner in which it is being implemented will create havoc in the organic textile industry and lead to loss of export business.

Related Keywords: cotton yarn, cotton yarn price, demand for textile, EU market, fabric, festival season, garment making unit, Indian textile market, made-ups, SIMA

Although India saw demand for cotton yarn from China on a declining trend and the European Union market for fabrics and made-ups mired during the last four months. However, the demand for textiles would be picking up soon in India with the festival season just round the corner.
 
Drop in export demand for cotton yarn and the slowdown in the domestic market are only temporary and yarn manufacturers should not panic because of the “temporary slothfulness in the market, according to chairman of Southern India Mills’ Association (SIMA) T. Rajkumar.