The organizers of the Yarn, Fabric & Accessories (YFA) 2016 trade show, have joined hands with Texprocil, the apex body for Indian cotton textiles exporters to offer a 15% subsidy to Texprocil members who want to exhibit at YFA 2016. YFA 2016 will be held from November 23-26, 2016 at NSIC exhibition centre, Okhla, New delhi, India.
Exhibitors at the second edition of the Yarn, Fabric & Accessories Trade Show (YFA) 2016, which will run from November 23 (Wednesday) to 26 (Saturday), 2016, will now be eligible to subsidies offered by the National Small Industries Corporation (NSIC), a government of India undertaking.
YFA 2016 is now supported by NSIC, and now MSME units who participate in the YFA 2016 exhibition, can claim subsidy under the Marketing Assistance Scheme (MAS) of NSIC of 60-95% under various categories of MAS.
A special highlight of the upcoming second edition of the Yarn, Fabric & Accessories Trade Show (YFA) Show which will run from November 23 (Wednesday) to 26 (Saturday), 2016 will be the Denim Zone, which will see 20 top Indian denim fabric makers exhibiting their denim innovations.
Another highlight is ‘YFA Talent’, a fashion designing contest for upcoming talent from leading fashion designing institutes. To add an icing to the cake, the organizers have also arranged a conference in association with TIT-Bhiwani and the Textile Association of India (TAI).
Pakistan textile sector exports registered 7.42 percent decline during the Fiscal Year 2015 16 in which raw cotton and cotton yarn remained the major contributor of decline in the textile exports as their exports witnessed decrease of 47.89 percent and 31.77 percent respectively, revealed Pakistan Bureau of Statistics data on Friday.
It may be recalled that cotton production in the country during last season declined sharply in Punjab due to unprecedented weather conditions.
The 15th edition of GARMENTECH Bangladesh 2016 is schedule to begin in Dhaka on January 13, alongwith it Gapexpo 2016 (for accessories) and Yarn & Fabrics Sourcing Fair 2016 will be also held which will bring technology suppliers, agents and garment manufacturers under one roof to explore further growth with new and advance models of machines. Exhibitors will display apparel machinery, yarn and fabrics, garment accessories and packaging equipment.
All these three international tradeshows on the garment industry are expected to pull in about 300 companies from over 30 countries.
Taiwan Textile Federation (TTF) in collaboration with Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) organized Taiwan Textile Fair South Asia-2015 that took off on Monday, Novemeber 23 to make Bangladesh familiar with Taiwan’s latest fibres, yarns, fabrics and apparels.
Indian garments export likely to continue performing better than those of textiles for some more time due to wider geographical spread of its export markets. While textile exports is affected due to an excessive dependence on China, reports Banikinkar Pattanayak in New Delhi. Textile exports include a range of products such as raw cotton, yarn, fabrics, made-ups, carpets, jutes, etc.
Pakistan’s textile exports after witnessing downward trend for last several months has seen double digit growth of 11.24 percent in August 2015 as per data of Pakistan Bureau of Statistics (PBS) released on Monday. The unprecedented growth was mainly driven by substantial increase in export proceeds of raw cotton, cotton cloth, yarn, knitwear, bed wear, towels and readymade garments.
Exports of textile and clothing recorded at $1.02 billion in the previous month as against $889 million of a year ago.
After the overwhelming success at the last edition of India Chem Gujarat 2013 and the participants benefiting by the enthusiastic business response. The 4th edition of mega event INDIA CHEM GUJARAT with focus on Speciality & Fine Chemical, Agrochemicals, Dyes & Colorants and Chemical Technology to kick off next month at Gandhinagar, Gujarat.
The event is jointly organized by Department of Chemicals and Petrochemicals , Govt. of India, along with Government of Gujarat, iNDEXTb and Federation of Indian Chamber of Commerce and Industry(FICCI).
The Foreign Trade Policy (FTP) 2015-2020 which was undraped by Minister of State for Commerce & Industry Nirmala Sitharaman on 2nd April ,2015 provides a framework for increasing exports of goods and services as well as generation of employment and increasing value addition in the country, in keeping with the Make in India vision of Prime Minister.
The local chapter of Indian Chamber of Commerce and Industry, welcomed the policy saying, it has bold initiatives and aims to achieve a compound annual growth rate of 11.5 per cent so as to increase the Merchandise and Services Exports.
