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Related Keywords: APTMA, delay in announcement of textile package, fresh demand, high cost of doing business, impact on cotton procurement, labour layoff, liquidity crunch, permanent closure of units, supply chian disruption, textile millers, textile sector, to announce package

The delay in the announcement of textile package was having serious aftermath on the textile sector including permanent closure of units, labour layoff, impact on cotton procurement and supply chain disruption, said All Pakistan Textile Mills Association (Aptma) Punjab chapter chairman Aamir Fiaz Sheikh, accompanied by former central chairman S.M. Tanveer, at a press conference held on Saturday.

Related Keywords: alternative material sources, biodegrade, exploring new innovations, first movers experimenting, in terms of fibre recycling technologies, inseparable from chemicals and binders, most common fibres like cotton, new solution discovered, textile company Offset Warehouse, textile sector, use banana plant stem, very expensivie to reprocess

The textile sector has been constantly investing and exploring new innovations as it faces significant challenges moving into the future in terms of fibre recycling technologies and alternative material sources, especially with the most common fibres, like cotton, are generally inseparable from chemicals and binders and consequently very expensive to reprocess to the recycle or biodegrade.

Related Keywords: attend MAGIC trade fair, Chamber of Commerce of Kahramanmaras, delegation of textile and ready-to-wear clothing, explore untapped market, showcases latest in apparel and manufacturing, textile sector, worlds largest fashion marketplace

Chamber of Commerce of Kahramanmaras, Turkey, to lead a 16-member delegation of textile and ready-to-wear clothing executives to attend the MAGIC trade fair a three day event to be held in Las Vegas this month. MAGIC is the world's largest fashion marketplace, comprised of eleven unique communities showcasing the latest in apparel, footwear, accessories, and manufacturing.

This visit will provide a unique opportunity for the members of Kahramanmaras to showcase their products in what is, for many, an untapped market.

Related Keywords: for garment and made up segments, organized seminar, Pradhan Mantri Kaushal Vikas Yojana scheme, skill development scheme, Southern India Mills’ Association, textile sector, Textile Sector Skill Council, workshop

Southern India Mills’ Association (SIMA) to create awareness among garment and made-up segments of the textile sector organized a seminar on June 23 in Coimbatore on the Pradhan Mantri Kaushal Vikas Yojana scheme.

The Pradhan Mantri Kaushal Vikas Yojana scheme provides financial assistance ranging from Rs. 6,000 to Rs. 12,000 each for fresh trainees and Rs. 2,500 for the existing workers to get trained in different skills and to get certified.

The programme was held jointly with the Apparel, Made-ups, and Home Furnishing Sector Skill Council.

Related Keywords: additional export subsidies, global trade rules, latest FTP by Indian government, newly incentive package, safeguard and countervailing measures, textile sector, US express concern, WTO committee

US has expressed concern over the newly incentive package announced for textile sector in the latest foreign trade policy by Indian Government at a recent meeting of the World Trade Organization (WTOs) committee on safeguards and countervailing measures in Geneva.

The US has accused India of handing out additional export subsidies to the sector which has become globally competitive and should not be incentivized going by global trade rules.

Related Keywords: Escorts International, flexible material, Huqas Corporation, iTextiles Private Limited, leading international trade fair, Master Textile Mills Limited and Sapphire Finishing, Minhaj International, nonwovens, Pakistani trade visitors, participate four day exhibition, processing of textile, Technical Textiles, Techtextil, Texprocess, textile sector

Techtextil and Texprocess, the leading international trade fairs in the fields of technical textiles, nonwovens, and processing of textile and flexible materials, began yesterday in Frankfurt. About 100 Pakistani trade visitors from textile sector are going to visit the four-day Techtextil Frankfurt and Texprocess exhibition.

Related Keywords: complaints from industry, Directorate general of Foreign Trade, discussions with Commerce Ministry, incentives, largest employment generator, low skilled workers, Merchandise Export Incentive Scheme, Textile Ministry, textile sector, yarn and fabric sector

The textile sector is the largest employment generating sector of India, especially for low-skilled workers, and needs to be supported. The Textiles Ministry held preliminary discussions on the matter related to textile industry with officials in the Commerce Ministry and the Directorate General of Foreign Trade. They have forwarded all the complaints received from the industry. The Secretaries from the two ministries are also in touch.

Related Keywords: buyer remained alert, competitive price, cotton growing belts, cottong growers, decline in spot rate, general price, grade issue, kept leading buyers active, Pakistan cotton market, Spinners in Sindh and Punjab stations, textile sector, trading session

Buyer remained alert and only made deals according to their immediate need of lint on back of grade issue and in anticipation of decline in spot rate. While general price kept the leading buyers active on Wednesday.

KCA kept the spot rate intact at Rs 5,450 per maund in order to provide support to weak stakeholders of raw grade to ward off minimal price level, according to floor brokers.

Related Keywords: export of cotton yarn, export-import policy, face high tariff barriers, handloom and coir products, high capital costs, international face of cotton textile, not in accord, tariffs on fabrics exported, Texprocil, textile sector

Texprocil (The Cotton Textile Promotion Council of India), which has been the international face of cotton textiles from India facilitating exports worldwide are not in accordance with the export-import policy.

According to them ,the textile sector ,the second largest employment provider in the country has been totally ignored, especially the cotton yarn sector, that too at a time when its facing high logistics costs when exported to markets like Latin America. Also, the exports of cotton yarn have declined sharply.

Related Keywords: Balkan states, businessmen in Turkish industry, Confederation of business women, substantial investments in textiles, textile sector, Turkish business communit

Turkish business community, united around the Confederation of business women and businessmen in Turkish industry has vowed substantial investments in textiles, energy, tourism, food industry in Macedonia, Bulgaria, Albania, Croatia and other Balkan countries in 2015, said Vice President of the Confederation Aljatin Bayraktar.

The Chair of the Confederation, Emine Atasoy, took part in talks with representatives from the Balkan states to discuss opportunities for facilitating Turkish investors and improving economic conditions.