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SITEX 2017 buyer-seller meet this month in Surat

Related Keywords: buyer-seller meet, dealers, latest market innovation, manufacturers, organized to provide excellent opportunity, showcase wide range of products and services, SITEX, Surat International Textile Expo, Textile Industry, under one roof, wholesalers and retailers

Surat International Textile Expo (SITEX) 2017, a buyer-seller meet, is organized with an aim to provide an excellent opportunity to the manufacturers, dealers, wholesalers and retailers of the Textile Industry to showcase their wide range of products and services related to Textile industry and Industry experts to discuss about the latest market innovations under one roof.

Greek textile industry hit by high energy cost

Related Keywords: become a growth tool for economy, Environment and Energy Minister, facing very serious problem, Greek enterprises, high energy cost, hitting their competitiveness, meeting held between the presidency of Association of Greek Textile Industries, other global markets, series of measures needed to rescue textile industries, SEVK, Textile Industry

Greek enterprises from the textile industry facing very serious problem of high energy cost which is hitting their competitiveness to other global market. For which a meeting was held between the presidency of the Association of Greek Textile Industries (SEVK) and Environment & Energy Minister George Stathakis on Tuesday.

The Association during the meeting, presented a fully-detailed memorandum with the industry’s positions and recommendations over a series of measures needed to rescue textile industries and to become a growth tool for the economy once again.

By 2020 all cotton fiber to be processed inside Uzbekistan

Related Keywords: all available capacities of cotton fiber, gradual reduction of yarn exports, high added value, Ministry of economy of Uzbekistan, reached forty percent in last year, task to increase export of products, Textile Industry, to be processed inside Uzbekistan, Uzbekistan cotton fiber processing volume, Uzbekistan plans to attract some investments

Uzbekistan’s cotton fiber processing volume has reached 40 percent in 2016, while in 1991 it was seven percent only, according to the Ministry of economy of Uzbekistan. By 2020 all available capacities of cotton fiber are to be processed inside Uzbekistan.

The President’s decree of 21 December 2016 “on measures for further development of the textile, garment and knitwear industry in 2017-2019”, has open even more possibilities for improvement of the sector.

Union Budget 2017 to help textile industry achieve $350 bn target

Related Keywords: big boost for the sector, cluster approach for contract farming, connectivity, end to end logistics solutions, help textile industry achieve USD three hundred fifty billion target, higher fund allocation for labour skilling, next few years, no major announcement, set by the union government, Textile Industry, Union budget, upgrade labour skill

The textile industry though did not see any major announcement in the Budget but higher fund allocation for labour skilling and end-to-end logistics solutions, including rail and coastal shipping last-mile connectivity, will help the country’s textile industry to achieve the $350-billion target in next few years as set by the union government.

However, continuing with the existing tax structure, including the service tax and optional Cenvat route extended for textile industry till the GST is implemented, has been considered as a big boost for the sector.

Bhopal state govt to form special policy to encourage garment industry

Related Keywords: employment, encourage garment industry, in the last one decade, industrial friendly policy, Industry, International and All India Textile Conference, Madhya Pradesh emerged as a hub of the textile industry of the country, Mineral Resources and Overseas Indians, Minister for Commerce, Rajendra Shukla, special policy being brought, Textile Industry

Madhya Pradesh has emerged as a hub of the textile industry of the country in the last one decade due to the industrial friendly policy of the state government. Minister for Commerce,Industry, Employment, Mineral Resources and Overseas Indians Rajendra Shukla addressing the 14th international and 72nd All-India Textile Conference held in Bhopal said that a special policy is being brought soon to encourage garment industry in the state.

More than 300 representative of textile industry are taking part in the conference.

Union Budget 2017-18 to be presented just few days away

Related Keywords: budget will have a lot of announcements to make, gain better clarity on the GST, Indian textile exporters, moving steadily on improving the fashion industry, Prime Minister Narendra Modi government, procurement from India will increase, start-ups acroos India, Textile Industry, third budget to be presented, Union Budget due on February first

Union Budget 2017 due on February 1 will be the third budget to be presented by the Prime Minister Narendra Modi’s government. The budget 2017 will not only be unique for its preponement from the usual month of March but will also have unprecedented expectations resulting from demonetisation. In the run-up to the Union Budget 2017, the start-ups across India hope to hear from the Finance Minister Arun Jaitley come February 1.

Pakistan textile units due to high cost of utilities relocating

Related Keywords: either shut down or relocated to regional countries, government need ensure level playing field, high cost of utilities, large number of textile units, National Assembly standing committee, number of factors put the country’s exports at risk, representatives of the value-added textile sector, Textile Industry, to grow export

The National Assembly’s Standing Committee on the Textile Industry was informed by the representatives of the value-added textile sector on Tuesday about a number of factors that have put the country’s exports at risk. Also a large number of textile units have either shut down or relocated to regional countries due to a high cost of utilities.

Fine Cotton Factory receives GOTS Certification

Related Keywords: dyeing, fiber containing products, GOTS, knitting, manufacturing, organic cotton products, post harvest processing stages, processing of organic, receives Global Organic Textile Standard certification, spinning, Textile Industry, Toronto based Fine Cotton Factory, voluntary international standard, weaving

Toronto-based Fine Cotton Factory receives the Global Organic Textile Standard certification (GOTS) a stringent, voluntary international standard for the processing of organic, fiber-containing products and addresses post-harvest processing stages, such as spinning, knitting, weaving, dyeing and manufacturing.

This will allow Fine Cotton Factory to offer GOTS-certified organic-cotton mattress fabric.

Aptma urges govt to withdraw four percent import duty on cotton

Related Keywords: against requirement, All Pakistan Textile Mills Association, APTMA, bear the additional burden, compete in export market, countries with lower cost of raw cotton, likely to remain low this year, Local crop of Sindh-Balochistan zone, raw cotton, seeks immediate withdrawal four percent import duty, Textile Industry, without import incidential

As the local crop of Sindh-Balochistan zone is likely to remain low this year to 11.25 million bales against the requirement of 14.5 million bales. The All Pakistan Textile Mills Association (APTMA) seeks immediate withdrawal of four percent import duty on raw cotton by the government.

Elgi Electric YCS wins a strategic order from Jyotirmaye Textiles

Related Keywords: cotton mercerised yarn, Elgi Electric, high twist yarns, Jyotirmaye Textiles, polyester yarn, rayon yarn, Textile engineering solutions, Textile Industry, textile innovations, textile machineries, Textile mills, viscose rich blends, Yarn Conditioning System (YCS), yarn quality, yarn selling price, yarn spinners

M/s Jyotirmaye Textiles, during ITME INDIA 2016, finalized its requirement of 1800kg YCS with Elgi Electric and released the order and advance along with Elgi Electric’s selling partner M/s Voltas Limited.

Yarn Conditioning System (YCS) is the need of every spinner to improve the yarn quality like hairiness, strength, elongation as well increase in moisture gain to reap the full benefits and attain highest yarn selling price.

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