Ethiopia to inaugurate Adama and Dire Dawa industrial parks soon

Related Keywords: Adama and Dire Dawa industrial parks, apparel and agro processing, end of this month, Ethiopian Investment Commission, facilitating the way, fulfilling vision, industrial development, manufacturing hub in Africa, parks to strengthen, specialize in textile, to be inaugurated

Africa
Ethiopia to inaugurate Adama and Dire Dawa industrial parks soon
Summary: 
The Adama and Dire Dawa industrial parks which will specialize in textile, apparel and agro processing to be inaugurated at the end of this month, whose construction was launched in 2016, according to Ethiopian Investment Commission. The parks are expected to further strengthen industrial development in the country by facilitating the way in fulfilling its vision of becoming manufacturing hub in Africa.

The Adama and Dire Dawa industrial parks which will specialize in textile, apparel and agro processing to be inaugurated at the end of this month, whose construction was launched in 2016, according to Ethiopian Investment Commission. The parks are expected to further strengthen industrial development in the country by facilitating the way in fulfilling its vision of becoming manufacturing hub in Africa.

https://www.ezega.com/News/NewsDetails/4875/Ethiopia-to-Inaugurate-Two-Industrial-Parks
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DPS World struck machinery sale worth Rs 1bn in B2B deal

Related Keywords: B2B interactions, computer printing on cloth, concluded successfully, DPS World 2017, latest machinery in laser cutting, over Rs 1 billion, signage cutting equipment and others, struck machinery sale deals, three day expo held in Pakistan

Lahore
DPS World struck machinery sale worth Rs 1bn in B2B deal
Summary: 
Digital Printing, Machinery & Signage Technology Exhibition-cum-Conference (DPS World) 2017, the three day expo held in Pakistan concluded successfully on Sunday. The B2B interactions in the three days had struck machinery sale deals over Rs 1 billion. The latest machinery in laser cutting, computer printing on cloth, signage cutting equipment and others worth billions of rupees was sold out in more than 100 B2B deals.

Digital Printing, Machinery & Signage Technology Exhibition-cum-Conference (DPS World) 2017, the three day expo held in Pakistan concluded successfully on Sunday. The B2B interactions in the three days had struck machinery sale deals over Rs 1 billion. The latest machinery in laser cutting, computer printing on cloth, signage cutting equipment and others worth billions of rupees was sold out in more than 100 B2B deals.

https://dailytimes.com.pk/129271/dps-world-attracts-10000-visitors-fetches-deals-worth-rs-1bn/
0

HTEC aims to increase its home textiles exports to $600mn by end 2017

Related Keywords: aims to increase its exports, Egyptian companies to participate, Egyptian Home Textile Export Council, head of the HTEC, Heimtextil exhibition, HTEC, increase of fourteen percent, opportunity to sign new export contracts, Saeed Ahmed, some $600 million, the end of 2017

Cairo
HTEC aims to increase its home textiles exports to $600mn by end 2017
Summary: 
The Egyptian Home Textile Export Council (HTEC) aims to increase its exports to some $600 million by the end of 2017, recording an increase of 14 percent, said head of the HTEC Saeed Ahmed.

The Egyptian Home Textile Export Council (HTEC) aims to increase its exports to some $600 million by the end of 2017, recording an increase of 14 percent, said head of the HTEC Saeed Ahmed.

In the first nine months of 2017, exports of the home textiles sector increased by three percent reach $375 million, compared with $365 million in the same period last year,

http://www.egypttoday.com/Article/3/28957/Home-textiles-exports-up-3-in-9-months
0

14 companies to invest in Kakatiya Mega textile park

Related Keywords: 020 crore, coming up in Warangal district, foundation was laid on Sunday, inking MoU with fourteen private companies, Kakatiya Mega textile park, set up their centres, set up units, Tamil Nadu and National Institute of Fashion Technology, Telangana state government, textile training college of PSG College, total investments of Rs 3

Warangal
14 companies to invest in Kakatiya Mega textile park
Summary: 
The Kakatiya Mega textile park coming up on 2,000 acres in Telangana’s Warangal district, foundation of which was laid on Sunday, saw the state government inking Memorandum of Understanding (M0U) with 14 private companies, who have come forward to set up units with a total investments to tune of Rs 3,020 crore.

The Kakatiya Mega textile park coming up on 2,000 acres in Telangana’s Warangal district, foundation of which was laid on Sunday, saw the state government inking Memorandum of Understanding (M0U) with 14 private companies, who have come forward to set up units with a total investments to tune of Rs 3,020 crore.

Two institutes ¬- textile training college of PSG College, Tamil Nadu and National Institute of Fashion Technology, Hyderabad - also inked MoU for setting up their centres in the textile park.

0

Digital printing to create revolution in textile industry

Related Keywords: 150 local and foreign companies participated, began on Friday, brings modern machinery and equipment, higher industrial growth, job creation, Lahore Expo Centre, printing industry, revolution in the textile, Three day third International Digital Printing and Signage Technology Exhibition

Lahore
Digital printing to create revolution in textile industry
Summary: 
The three-day 3rd International Digital Printing and Signage Technology Exhibition began on Friday at the Lahore Expo Centre where around 150 local and foreign companies participated in the fair.

The three-day 3rd International Digital Printing and Signage Technology Exhibition began on Friday at the Lahore Expo Centre where around 150 local and foreign companies participated in the fair.

At the opening, Lahore Chamber of Commerce and Industry (LCCI) President Malik Javed Tahir said that the Digital Printing and Signage Technology Exhibition brings modern machinery and equipment, which will spark revolution in the textile and printing industry in coming years, leading to job creation and higher industrial growth.

https://tribune.com.pk/story/1537201/2-digital-printing-will-spark-revolution-textile-industry-lcci/
0

Global cotton production set to rise by 10pc during 2017-18 season

Related Keywords: all other major producing countries, driven by the USA, during the 2017-18 cropping season, global production trends report, increase by ten percent, International cotton advisory committee, largest output growth margins, Production is projected to increase, projected world cotton production, reaching an estimated 25.4 million tonnes

New York
Global cotton production set to rise by 10pc during 2017-18 season
Summary: 
The global production trends report released this month, the International Cotton Advisory Committee projected world cotton production to increase by 10%, reaching an estimated 25.4 million tonnes during the 2017/18 cropping season. Production is projected to increase in all other major producing countries including India, China, Pakistan, Brazil, Francophone Africa and Turkey. It forecasts the largest output growth margins to be driven by the USA.

The global production trends report released this month, the International Cotton Advisory Committee projected world cotton production to increase by 10%, reaching an estimated 25.4 million tonnes during the 2017/18 cropping season. Production is projected to increase in all other major producing countries including India, China, Pakistan, Brazil, Francophone Africa and Turkey. It forecasts the largest output growth margins to be driven by the USA.

https://www.theindependent.co.zw/2017/10/20/cotton-output-set-rise/
0

Indonesian govt invites Mitsubishi to invest in textile industry

Related Keywords: boost competitiveness, forest pulp, garment sector, giant company has potential, Indonesian manufacturers, Industry Minister Airlangga Hartarto, invited company to pour more money, meeting with Japan based Mitsubishi, new basic material for textile, partnerships with local industries, productivity, rayon fiber, revitalizing textile industry

Jakarta
Indonesian govt invites Mitsubishi to invest in textile industry
Summary: 
During Industry Minister Airlangga Hartarto meeting with Japan based Mitsubishi Corporation’s executives in Tokyo on Wednesday, invited the company to pour in more money in the garment sector and seek more partnerships with local industries as the giant company has the potential to boost competitiveness and productivity among Indonesia’s manufacturers as the country was revitalizing its textile industry by boosting the production capacity of rayon fiber.

During Industry Minister Airlangga Hartarto meeting with Japan based Mitsubishi Corporation’s executives in Tokyo on Wednesday, invited the company to pour in more money in the garment sector and seek more partnerships with local industries as the giant company has the potential to boost competitiveness and productivity among Indonesia’s manufacturers as the country was revitalizing its textile industry by boosting the production capacity of rayon fiber.

Rayon has become the new basic material for textiles and Indonesia will produce rayon fiber from forest pulp in large quantities.

http://www.thejakartapost.com/news/2017/10/19/govt-wants-mitsubishi-to-invest-more-in-garments-petrochemicals.html
0

Trading activity remains slow on cotton market

Related Keywords: buying the commodity, Cotton market, ginners not ready to lower prices. keeping trading activity slow, higher rate, spinners showed reluctance, strong demand for quality cotton, Textile Industry

Karachi
Trading activity remains slow on cotton market
Summary: 
At cotton market, spinners showed reluctance in buying the commodity at a higher rate as ginners were not ready to lower prices keeping trading activity slow on Thursday.

At cotton market, spinners showed reluctance in buying the commodity at a higher rate as ginners were not ready to lower prices keeping trading activity slow on Thursday.

Though there was strong demand for quality cotton, ginners refused to lower prices which restricted trading activity. Growers were also keeping phutti (seed cotton) on higher side.

Market sources said that growers – who have already sold almost half of their cotton crop in a short period of two months – feel financially strong and are not in a hurry to dispose of the remaining crop.

https://www.dawn.com/news/1364852/sluggish-activity-on-cotton-market
0

Falke plans to produce 14 mn pairs of sock at its Serbian factory this year

Related Keywords: 15 million pairs in 2018, 15 million socks and stockings per year, combined production capacity, Falka invested 15.5 million euro, Falke, German-based textile and clothing company, investing 10 million euro, Leskovac in the Balkan country, reach full annual capacity, Serbian Chamber of Commerce, since opening a factory

Belgrade
Falke plans to produce 14 mn pairs of sock at its Serbian factory this year
Summary: 
Falke, a German-based textile and clothing company since opening a factory at Leskovac in the Balkan country in 2012 after investing 10 million euro in its construction having a combined production capacity of 15 million socks and stockings per year. According to the Serbian Chamber of Commerce, the company has invested 15.5 million euro ($18.3 million) in Serbia.

Falke, a German-based textile and clothing company since opening a factory at Leskovac in the Balkan country in 2012 after investing 10 million euro in its construction having a combined production capacity of 15 million socks and stockings per year. According to the Serbian Chamber of Commerce, the company has invested 15.5 million euro ($18.3 million) in Serbia.

https://seenews.com/news/germanys-falke-invests-155-mln-euro-in-serbia-in-2012-2017-587795
0

Acquisition of American Silk Mills to strength Sutlej Textiles portfolio

Related Keywords: Acquisition of American boutique designer, add strength to home textile portfolio, based at Plains, brand of American Silk Mills LLC, contract furnishing textiles, distributor of residential, Pennsylvania, STIL, Sutlej Textiles and Industries

Mumbai
Acquisition of American Silk Mills to strength Sutlej Textiles portfolio
Summary: 
The acquisition of American boutique designer and distributor of residential and contract furnishing textiles and brand of American Silk Mills (ASM) LLC based at Plains, Pennsylvania will add strength to home textile portfolio of Sutlej Textiles and Industries (STIL).

The acquisition of American boutique designer and distributor of residential and contract furnishing textiles and brand of American Silk Mills (ASM) LLC based at Plains, Pennsylvania will add strength to home textile portfolio of Sutlej Textiles and Industries (STIL).

http://www.thehindubusinessline.com/companies/sutlej-textiles-to-acquire-american-silk-mills/article9915429.ece
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