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New textile policy aimed on fabric to fashion concept to moot Rs 80,000cr investment
New textile policy proposes Rs 80,000 crore investment in five years in the sector which will be developed around the concept, 'fabric to fashion'. Currently, the clothing industry from cotton to
Definitive anti-dumping duty on linen fabric imports from China, Hong Kong
Following the petition filed by Indian manufacturers of Flax fabrics, which included Jayshree Textiles, a unit of Adity Birla Nuvo Ltd and other manufacturers across India, seeking continuation of
China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
Market for purified terephthalic likely to see expansion in coming years
With the growing demand for polyester specifically in China, the market for purified terephthalic is likely to see expansion in the coming years. Furthermore, the country is emerging as a global
Powerloom weavers urged to avail government assistance
At the inauguration of the fourth edition of the buyer-seller meet-cum-powerloom product mela ‘TEXPO – 2015,’ jointly organized by the Powerloom Development and Export Promotion
Wool price surge beats expectations after a poor performance in previous weeks
In the second week of August, the Australian wool markets got off to a good start after the disappointing finish prior to the mid?year recess. The EMI made a solid gain of Aus cents 17 a kg. A weaker
Egyptian textile market aims to quadruple exports by 2025
Egypt has had a long history of textile manufacturing and they have one of the best cottons in the world but since the 2011 revolution, Egyptian cotton’s star has faded as cash subsidies from
Fabric of India finds its place at V&A in London
The Fabric of India finds it’s a place at London's Victoria and Albert Museum, as part of the exhibition in the form of gleaming moon motifs on airy odhnis created by Good Earth. The highlight
Bangladesh exports to Indian market witnessed rise 15pc in FY2014-15
Bangladesh has earned $527.16m from its exports to Indian market in FY 2014-15 a rise by 15.45% compared to $456.63m in the last fiscal year as some products including textiles got duty and
Spun yarn price sees continuous fall in Asian markets
Cotton yarn markets saw low transactions in the first week of August for domestic goods in China while imported yarn took a larger share, particularly of Vietnam-origin. In India, although cotton
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