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Related Keywords: Chairman M. Senthil Kumar, high tension consumers, in-house expertise to advice, reduce power tariff, right from designing the textile project to marketing, SIMA, Textile Industry

The Southern India Mills’ Association through its Chairman M. Senthil Kumar has put forth an argument that as the price of the fuels for power generation has come down; the power tariff should be reduced.

The State is now having surplus power which is available under open access at a lower cost too. Thus, the SIMA, representing textile mills in the state, has asked the State Government to reduce power tariff for high tension consumers, and consider separate tariff for textile industry.

Related Keywords: gas price reductions, improve competitiveness, income tax incentives, Indonesia-Japan economic partnership, Indonesian government, Indonesian Textile Association, industrial activities get electricity price cut, interpret stipulation differently, introduced third stimulus package, PLN, state electricity company, Textile Industry

The Indonesian government has introduced a third stimulus package stipulates that industrial activities get electricity price cuts from 11 p.m. to 8 a.m. However, the textile industry and the state electricity company PLN, which supplies the power, interpret the stipulation differently.

Based on PLN’s understanding, the price cut will only be given to companies consuming more than they usually do every day. The textile industry, meanwhile, says the price cut should be given to industrial activities during the specified timeframe regardless of the amount of their power consumption.

Related Keywords: ATUFS, global market access, increase disbursal, low cost of manufacturing, Make In India event, Santosh Kumar Gangwar, Textile Industry, Union Minister of Textiles, upgrade technology

The government had initially estimated disbursal of Rs18,000 crore under the Technology Funds Scheme (TUFS) but with the increasing interest from the textile industry and the opportunities that lie ahead government is now looking to disburse textile funds of around Rs 30,000 crore under ATUFS scheme by 2022, said Santosh Kumar Gangwar, union minister of textiles, independent charge on the sidelines of the Make in India event held in Mumbai.

The amount marks a 67% increase in disbursals from its original plan, Gangwar added

Related Keywords: cotton arrivals, cotton crop, cotton ginneries across Pakistan, cotton growers in Pakistan, cotton output, cotton production of Pakistan, crude oil prices, Pakistan Cotton Ginners Association, Pakistan’s textile exports, Punjab ginneries, seed cotton arrival, Textile Industry

According to the report issued by the Pakistan Cotton Ginners Association on Monday, Seed cotton (Phutti) equivalent to 9.475 million tonnes or 9,475,729 bales have reached ginneries across Pakistan as of January 15, 2016 registering a shortfall of 33.5 per cent compared to 14.251m bales a year earlier.

This shortfall would inflict a loss of around $6 billion on GDP — of which $1.5bn would be suffered by cotton growers and $4.5bn by the industry and exporters, experts say.

Related Keywords: amended scheme to boost Make in India initiatives, Amended Technology Upgradation Fund Scheme, CITI, during blackout and leftout period, effective for seven years, executed and monitored online, government to resolve issue of settlement, not mention committed liabilities, Textile Industry, under iTUFS

The government last week notified the Amended Technology Upgradation Fund Scheme (A-TUFS) for textile sector but did not mention about the committed liabilities during 'blackout and leftout' period in 2010-11. Union Minister Santosh Gangwar said that the government is making efforts towards resolving the issue of settlement of committed liabilities of around Rs 3,000 crore arising out of 'blackout and leftout' period cases under technology upgrade scheme for textile industry.

Related Keywords: Advanced Processing Technology, aiming to development of, apparel and sewing industries, apparel industry, attracting advanced high quality exhibits, Japan International Apparel Machinery and Textile Industry Trade Show, Japan Sewing Machinery Manufacturers Association, JASMA, organizing JIAM, show them– Innovative Solutions, Textile Industry

Japan Sewing Machinery Manufacturers Association (JASMA) organizing the eleventh edition of Japan International Apparel Machinery & Textile Industry Trade Show ‘JIAM2016 Osaka’ aiming to contribute to the development of apparel and sewing industries, attracting advanced high-quality exhibits, spanning the period 1984 to 2012, responsive to changing technology and circumstances.

Related Keywords: ACME, AK Dyeing Machine, discussed on technology, Dress the Future, exhibit leading products, ITMA taking place in Milan, Jen Haur and CCI Tech, PaiLung, strategic markets for Taiwanese exports, strengthen global reputation, sustainability and innovation, TAITRA, Taiwanese textile machinery companies, Textile Industry

Five Taiwanese textile machinery companies PaiLung, AK Dyeing Machine, ACME, Jen Haur and CCI Tech came together to strengthen their global reputation and exhibit their leading products at ITMA 2015 taking place in Milan, which represents one of the most strategic markets for Taiwanese exports in the textiles industry.

PaiLung is a leader in the production of ciscular knitting machines. Its knitting machines are well suited to brands, designers, textile manufactures, and contractors in the fashion, home, healthcare, and environmental textile industries.

Related Keywords: apparel industry in Sri Lanka, fabrics and accessories, garment industry of Sri Lanka, leading textile companies, textile exports, Textile Industry, textile products and clothing accessories, textile suppliers, total export earnings of Sri Lanka

During the inauguration of Intex South Asia International Apparel Fabrics and Accessories Exhibition at Sri Lanka Exhibition and Convention Centre yesterday, it was disclosed that Sri Lanka aims to be among the top 10 high quality supplier countries in the world by 2020.

Out of Sri Lanka’s total export earnings, 40% is contributed by the garment industry of the country.

In 2014, the total sector exports value was US$ 4.98 billion.

Related Keywords: cost of doing business in Pakistan, cost of electricity in Pakistan, cost of energy in Pakistan, cotton bales in Pakistan, spindles capacity, textile exports of Pakistan, Textile Industry, textile mills in Pakistan

During the last three and a half months, over one million spindles capacity has been closed down in Pakistan mainly because of the unbearable high cost of doing business, said Tariq Saud, chairman of All Pakistan Textile Mills Association (APTMA).

He said that all these spindles were predominantly contributing to the exports of the country.

Related Keywords: create data based for different segments, demand to reduce hank yarn obligation, diversify market to increase export, improve competition, Kavita Gupta, plan to take up sturdy of hank yarn demand, Textile Commissioner, Textile Industry, TUFS to be modified

With the textile industry’s strong demand to reduce hank yarn obligation, the Textile Commissioner, Kavita Gupta plans to take up a study of the actual hank yarn requirement in the country. She said that they are also trying to create a data base for different segments of the textile industry.

Regarding the Technology Upgradation Fund Scheme (TUFS), Ms. Gupta said that there was a proposal to modify the scheme and the review was under progress.