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Related Keywords: apparel, CCI, chemicals, clothing, cotton, fabrics, government, India, Intex, Pakistan, Sri Lanka, yarns

The most influential and established textiles sourcing show in its 5th edition will take place at BMICH, Colombo, from 13-15 November 2019. This global trading platform for the textiles and apparel industry is endorsed and supported by major industry associations, chambers of commerce and government agencies from Sri Lanka, India, Bangladesh, Pakistan, Taiwan, Malaysia, and other countries.

Related Keywords: achieving USD20 billion, apparel and textile export segment, export earnings by 2020, growth engine for exports in the year ahead, likely to experience highest rate of growth, overseas shipment in 2018, Sri Lanka, Sri Lanka focus, survey conducted by Oxford Business Group, textile and apparel voted, Textile backbone of Sri Lanka trade

Sri Lanka's apparel and textile export segment is likely to experience the highest rate of growth in overseas shipment in 2018 as Sri Lanka focus on achieving $20 billion in export earnings by 2020, Sri Lanka CEO survey have resoundingly voted for textile and apparel as the growth engine for exports in the year ahead, as per the a recent survey conducted by the Oxford Business Group (OBG).

Textile is considered the backbone of Sri Lanka's trade able sector comprising 47% of total exports in 2016.

Related Keywords: fabrics, free trade agreements with India, Imports of yarn, made-up articles, nations like Bangladesh, prevent cheaper fabrics produced, rose 20 percent, Sri Lanka, Strong need to impose safeguards such as Rules of Origin

Strong need to impose safeguards such as Rules of Origin on nations like Bangladesh and Sri Lanka that had free trade agreements with India to prevent cheaper fabrics produced from countries like China routed through these countries. Imports of yarn, fabrics and made-up articles during December last year rose 20% compared with December 2016, as per the Ministry of Commerce and Industry data.

Related Keywords: dedicated to advancing science and technology of colour worldwide, educational charity, focusing on sustainability., International Summit on Textile Coloration, leading independent, organized by SDC International, Sri Lanka, take place this March

The International Summit on Textile Coloration 2017, organized by SDC International, a leading independent, educational charity dedicated to advancing the science and technology of colour worldwide, to take place on 8 March, in Sri Lanka will be focusing on sustainability.

The conference will bring together textile colourists, buyers, retailers, garment producers, academicians and researchers from around the world to discuss technical innovations and green initiatives in the textile coloration industry.

Related Keywords: boost exports, bring in valuable foreign exchange, broaden its export base, consider negotiating trade agreement, consolidate the industry, l give some room to breathe, maximum of four to five years, restoration of trade agreements, Sri Lanka, the EU, the GSP plus can be enjoyed, used to accomplish many medium and long term goals

Sri Lanka should seriously consider negotiating trade agreement with the EU, as the GSP plus can be enjoyed for a maximum of 4-5 years at most. The restoration of trade agreements will give some room to breathe and consolidate the industry. It can be used to accomplish many other medium and long term goals, which will not only be beneficial to the apparel industry, but boost all the exports from Sri Lanka, said the new Chairman of the
Sri Lanka Apparel Exporters Association (SLAEA), Felix A. Fernando.

Related Keywords: across globe, Bangladesh and Pakistan, biggest MMF hub Surat, consumption only in India, displayed western and Indo-western outfits design, encourage textile entrepreneurs, Fashion designing students, increase garment exports, indian garment, limited market, manufacture and market, polyester fabric hub, Sri Lanka, STERS, western outfits

Indian garments have a limited market with consumption only in India, Sri Lanka, Bangladesh and Pakistan. Therefore, Surat Technical Education and Research Society (STERS) has got on a mission to encourage textile entrepreneurs in the country’s biggest man-made fabric (MMF) hub Surat to grab the opportunity by manufacturing and marketing western outfits, in order to increase garment exports across the globe.

Related Keywords: Djibouti and Bangladesh, forty seven countries in November, found for polyester yarn exports, Germany, India exported, Iran, major slow down seen in exports, Nine countries did not import, polyester spun yarn, Slovenia, Sri Lanka, Syria and Taiwan, the fastest growing markets, Thirteen new destinations, to Italy

India exported a total of 2.56 million kgs of polyester spun yarn to 47 countries in November 2015 totaling US$5.73 million, out of which 16.8 percent was shipped by Turkey. The unit price realization was averaging US$2.24 per kg down by US cents 39 a kg and in value terms it was also 9.7 percent down as compared to November 2014.

In November, thirteen new destinations were found for polyester yarn of which, Nigeria, Ecuador, Cote D'Ivoire, Togo and Mauritania were the major ones.

Related Keywords: bilateral trade, China, chinese market, coir fiber, cotton, Free trade agreement, FTA, Garments, President Xi Jinping, Sri Lanka, Textile, trade and economy

Sri Lanka and China both anticipate that Chinese President Xi Jinping's visit to the island tomorrow, a first by a Chinese head of state in 28 years, will expand cooperation and ties in trade and economy between the two countries.

According to the government of Sri Lanka, both countries in recent years have developed increasingly closer economic and trade relations and a proposed free trade agreement (FTA) between the two countries will boost Sri Lanka's future development.

Related Keywords: China, coir, coir product, importer, Indian Coir Board, Kerala, Sri Lanka, USA

China is the biggest importer of coir based products from India. During 2013-14, a total of 192,110 tones of coir products, valued at Rs 360.5 crore were shipped to China, a growth of 32 percent on value terms, according to Indian Coir Board.

India exported 537,040 tones of coir and coir based products, valued at Rs 1476 crore. In the previous financial year, total export was 429,501 tones valued at Rs 1116 crore, a rise by 25 percent was recorded in the volume of coir based products.