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Kenyan govt to revive textile industry with plan to boost cotton farmers

Related Keywords: AGOA, American market, EPZ, Kenyan government, Kenyan textile trade, paltry cotton, plan to give cotton farmers boost, providing certified seed, revive textile industry

Following the recent US government extension of the Africa Growth and Opportunity Act (Agoa) for 10 years, under which Kenyan textiles trade in the American market. The Kenyan government has taken the first steps to revive the textile industry with plans to give cotton farmers 750 tonnes of certified seed this year.

In the short term, the government, through the Agriculture, Fisheries and Food Authority (Affa), will provide 50 tonnes of seed for free to cotton growers by end of August, with the condition that farmers commit to provide land for cotton farming expansion.

Financial crunch disables Nigerian textile sector to show competitiveness

Related Keywords: Cheap imported fabrics, compete with Chinese imports, facing financial crunch, government intervention, made in Nigeria products, Nigerian textile sector, power cuts, revive textile industry, rise in production costs

The Nigerian textile sector is facing a huge financial crunch as it is unable to prove its competitiveness. Although several factories have benefited from a $500m government intervention to revive the country's textile industry, according to manufacturers monetary support alone will not fix the problem.

Saidu Dattijo Adahama of Adahama Textiles said that they not only need the financing but also the electricity supply which is still below 20 percent.

ATA and GES to bring revival in Nigerian Textile Industry

Related Keywords: agricultural sector, agricultural transformation agenda, ATA, cotton, cotton production, GES, growth enhancement support scheme, major component of GDP, Nigerias major export commodity, revive textile industry, West African Cotton Company

Cotton was one of Nigeria’s major export commodities and formed a major component of the gross domestic product (GDP). The collapse of agriculture as a result of the discovery of oil subsequently led to the collapse of various commodities in the nation’s agricultural sector, including cotton, thereby leading to a near collapse of the economic value of cotton and the sector as a whole.

New proposed Maharashtra textile policy ready not only to revive textile industry but boost economy

Related Keywords: boost state economy, convert fibre to fashion, One-window approval process, proposed Maharashtra textile policy, reduced power tariff, revive textile industry, study textile policies, subsidy for setting up textile mills, Suresh Halwankar Committee

The Suresh Halwankar Committee, which had been constituted by the BJP government in November are ready with the new proposed textile policy of Maharashtra to revive the textile industry to boost the state's economy. The committee visited eight states to study their textile policies and met several unions and federations to come up with the suggestions.

A detailed discussion on the proposed policy would be held at Mantralaya on Wednesday and the final draft would then be submitted to the government for cabinet's approval.

Turkey to develop textile industry into a national project

Related Keywords: absence of clear policy, cultivate cotton, custom smuggling, Ibrahim Mehleb, national project, revive textile industry, road map for textile, textile workers, Turkish Prime Minister, Turkish textile industry

The Turkish textile industry is facing several issue, including the absence of a clear policy to cultivate cotton and the low liquidity in factories. There are also issues faced from customs smuggling, which is a threat to the local industry. The government is exerting efforts to improve the industry and lower the rate of losses in its treasury. The Turkish government has decided to give complete support to its textile workers to revive the textile industry.

Indian textile industry submits memorandum insisting for duty cuts

Related Keywords: anti-dumping duty, CITI, costs of converting raw material, ICF, Make in India, Nirmala Sitharaman, raw material costs, reduction of excise duty, removal of import duty, revive textile industry, SIMI, SISPA, Texprocil

The Southern India Mills’ Association (SIMA), Confederation of Indian Textile Industry (CITI), Cotton Textiles Export Promotion Council (TEXPROCIL), Indian Cotton Federation (ICF), South India Spinners Association (SISPA) and other stake holders has submitted a joint memorandum to Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce & Industry urging for a cut in duties to revive the industry.

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