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Related Keywords: Anandiben Patel, chief minister, develop skills, gujarat government, mega textile cluster, set up textile university, smart city, Surat hub of synthetic textile, Surat textile players, Textile Industry

Gujarat government to further develop skills in the textile industry, another important industry in Surat after diamonds, is planning to set up a textile university in Surat which would help boost its textile sector.

Gujarat chief minister Anandiben Patel on Sunday at the foundation stone-laying ceremony of 2,000-acres Diamond Research and Mercantile (DREAM) City here announced the setting up a textiles university at the proposed smart city- DREAM City near Surat.

She asked textiles players to seek land in the proposed DREAM-city on the outskirts of the Surat city.

Related Keywords: APTMA, DBK allowed only on, implement the policy, incremental exports, mixed reaction, no incentive for spinners, Pakistan Apparel Forum, Pakistan textile policy, PBEA, textile exports, Textile Industry, timeline of refunds

Mixed reactions coming in from the Pakistan textile industry on the announcement of its new textile policy 2014-19, according to Pakistan Apparel Forum’s Chairman Muhammad Jawed Bilwani, under the present economic circumstances no better policy could have been expected but stressed on implementing the policy in letter and spirit to get required targets.

He said that the new five-year policy would go a long way in benefiting the entire textile sector and boosting exports of value-added garments and apparel.

Related Keywords: CITI, excise duty, increase in demand, manmade fibre, MEG, mono ethylene glycol, per capita consumption, PTA, Purified terephthalic acid, synthetic fibre, Textile Industry

Globally, manmade fibre accounts for 70 percent of the fibre consumption while in India; it is less than 30 percent. The Indian textile industry to boost use of synthetic fibre want reduction in excise duty on all manmade fibre and filament from the existing 12 percent to 6 percent. As reduction in excise duty in manmade fibre will lead to increase in demand.

Related Keywords: appoint external agency, duty structure, Financial Minstry, fluctuation in cotton prices, Inventory policy of China, MMF cluster, Texpreneurs Forum, Textile Industry, TUF

Texpreneurs Forum is planning to submit a report on the financial stress faced by the textile industry in the last 2-3 year to the Finance Ministry for that they are in the process of appointing an external agency to conduct a study of the textile industry.

D Prabhu, Secretary, Texpreneurs Forum said that this is consequent to their meeting with the powers that be at the Centre and the recommendations made by the Textile Ministry to the Department of Financial Services under the Union Finance Ministry for lowering the interest on working capital loan for purchase of cotton.

Related Keywords: customer Phenix flooring, high performance yarn, industrial work wear, industrial-grade yarns, leading manufacturer of carpet yarn, Pharr Yarns, protective apparel, Textile Industry

McAdenville-based Pharr Yarns one of leading manufacturers of differentiated carpet yarns and high performance yarns.announced that it has merged its customer Phenix Flooring, a maker of residential floor coverings based in Dalton, Ga. into the Pharr family of companies.

The family-owned textile firm – which produces industrial-grade yarns used in protective apparel for firefighters and military personnel – said the merger to be finalized in March, is part of Pharr's long-term strategy to grow through innovation, diversification and reinvestment in the communities it serves.

Related Keywords: ANEM, development prospects, directorate of military production, EATIT, establishment of clothing, Industrial Complex of textile, Ministry of National Defence, produces military uniforms, Textile Industry, Tlemcen

The industrial complex of textile in Chetouane (Tlemcen) which presently comes under comes under the Algerian company of industrial and technical textiles (EATIT), owned 60% by the establishment of clothing and footwear, under supervision of the directorate of military production at the Ministry of National Defence, the complex of Chetouane (Soitex company previously) recommence its activities after several years of difficulties and has shown potential of development prospects.

Related Keywords: CII, investment destination, Jaipur summit, multi-country linkages, Partnership with Ministry of Commerce, Rajasthan, Textile Industry

Confederation of Indian Industry (CII) in association with the Ministry of Commerce and Industry is organizing a three day 'Partnership Summit' in Jaipur, Rajasthan an important place to organize such summits as it attracts one third of the tourists coming into India and a prosperous textile industry is present there. The Summit will begin from January 15.

Related Keywords: certification mandatory, CITI, DGFT, Directorate general of Foreign Trade, export of organic products, Organic Textiles, R K Dalmia, Texprocil, Textile Industry

The mandatory certification for export of organic products to finished textile products, including yarn, fabrics, made-ups and garments extended by the Directorate General of Foreign Trade DGFT on November 18 has been deferred.

This move came in after Texprocil had urged the commerce ministry to extend the December 18 deadline for mandatory certification to enable the sector to conform to the new procedure.

Industry has welcomed the move stating that organic textile exports would be possible now.

Related Keywords: concession, load factor incentives, power tariff, seperate tariff, SIMA, Southern India, special treatment, TANGEDCO, Textile Industry

The textile industry of Southern India are demanding a separate tariff or load factor incentive as the textile industry is the highest consumer of TANGEDCO and thus deserves to have a special treatment and concession.

The textile industry runs round-the-clock throughout year and consumes 900-950 units of power for one hour for every MW thus enabling TANGEDCO to make substantial profit when compared to any other consumer.

The new power tariff would seriously affect the competitiveness of the textile mills in Tamil Nadu across the value chain.

Related Keywords: bill passed by Lok sabha, Industrial disputes act, NTC, resusciate sick mills, Santosh Gangwar, Textile Industry, Textile Ministry, Textile undertakings

The Textile Ministry is working toward resuscitating sick mills including the National Textile Corporation (NTC). The government wants to bring to profit a total of eleven mills of NTC in next three months. NTC had acquired 119 mills, out of which 78 are closed under the Industrial Disputes Act, Textiles Minister Santosh Gangwar informed Rajya Sabha.

He was replying to a debate on the Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014, which replaces an ordinance promulgated some time back.