News Tags

Related Keywords: cotton fabrics, Ready-to-wear clothing, textile companies, textile imports, textile sector, Turkey’s textile sector

A CEO whose company exports to seven other countries, and has almost 150 stores in Turkey, expressed that, “We had been informed that we would need a lot of extra documents for imports from China, so we demanded this meeting.” He added that, “The ministry didn’t ask us to stop producing in China. It was a fruitful meeting. We asked them to postpone the plan until at least January 2019, which the ministry will evaluate.”

In November, US$6.5 million worth of PV yarns were exported from India, down 49.5 per cent YoY with volumes at 2.33 million kgs, down 52 per cent YoY. Turkey continued to be largest importer of PV yarns from India followed by Iran with total volume at 1.3 million kg worth at US$3.66 million.

Iran, USA, Pakistan, Russia and Egypt were the fastest growing markets for PV yarns while Sri Lanka and South Africa significantly reduced its import of PV yarns from India.

Related Keywords: Indian yarn export value, polyester-viscose yarn export from india, PV yarn exports, pv yarn import in Iran, PV yarn import in Turkey, textile imports, yarn exports

In November, 5.4 million kg of PC yarns was exported from India, down 21.6 per cent YoY which was worth US$14.6 million, down 12.6 per cent YoY. Bangladesh and Brazil were the largest importers of PC yarn from India in November followed by Egypt. The top three countries accounted for 31% per cent of the total PC yarn export value.

Latvia, Guatemala, Honduras, Bahrain and Latvia were the fastest growing markets for PC yarns while Venezuela and Poland significantly reduced its import of PC yarns from India.

Related Keywords: Indian yarn export value, pc yarn import in Bangladesh, pc yarn import in Brazil, PC yarn import in Egypt, Polyester-cotton yarn export, textile imports, yarn exports

Related Keywords: duty free access to japan, Indian textile market, Japanese textile market, knitwear exports from India, knitwear exports to Japan, market share in textile imports, textile exports, textile imports, textile innovations, woven garments export

India’s knitwear exports have declined with a market share of a meagre 0.3 per cent of the total knitwear products imported by Japan in 2014 in spite the fact that India enjoys duty free access to Japan.

Prashant Godghate, secretary general of Japan India Industry Promotion Association (JIIPA), said that if Indian knitwear exporters want to enter the Japanese market on a large scale, then they should improve the quality of their products and display sticking to delivery schedules. Also, they should come up with innovations in order to meet the preferences of Japan, he added.

Related Keywords: china’s economy, import duties, leading industrialists in India, Mukesh Ambani, Narendra Modi, rupee depreciation, steel exports, steel industry, steel prices, textile domestic market, textile exports, textile imports, Textile Industry, yuan depreciation

With currencies weakening and global economic turmoil, Prime Minister Narendra Modi held a meeting on Tuesday with industrialists, bankers and economists to analyse the current situation and identify solutions.

Related Keywords: Abughazaleh Trading Company, apparel brand, employment generation, foreign exchange earning, homegrown luxury brand, industrial output, textile and garment companies, textile exports, textile imports, trading sector, UAE textile industry

The UAE textile industry is not only the country’s largest trading sector after oil but it occupies an important place in the UAE economy as a whole and particularly in Dubai, because of its contribution to the industrial output, employment generation and foreign exchange earnings.

UAE's textile exports cover more than 50 countries in Africa, the Middle East, South Asia and Europe, while major exporters are China, South Korea, Japan and Indonesia.