Gartex 2018 - Much bigger and better along with abundant opportunities

News Tags: apparel, Cutting and Sewing machines, Embroidery Machines, Fabrics & accessories, fashion designers, garment and textile manufacturing, Garment Exporters, garment manufacturers, Gartex 2018, home textile, needles, textile printing companies, threads

Mumbai
Summary: 
India’s leading trade show completely dedicated to garmenting and textile manufacturing solutions and technologies, Gartex is the most comprehensive trade show. With the immense success of last two editions, MEX Exhibitions Pvt. Ltd. is back with its third edition of Gartex, scheduled from 18-20 August 2018. This time, the show will be held at a much larger scale over 100,000 Sq. Ft. of exhibit area, wherein more than 150 companies will display around 300 brands related to the theme in the 4 halls of Pragati Maidan.

India’s leading trade show completely dedicated to garmenting and textile manufacturing solutions and technologies, Gartex is the most comprehensive trade show. With the immense success of last two editions, MEX Exhibitions Pvt. Ltd. is back with its third edition of Gartex, scheduled from 18-20 August 2018. This time, the show will be held at a much larger scale over 100,000 Sq. Ft. of exhibit area, wherein more than 150 companies will display around 300 brands related to the theme in the 4 halls of Pragati Maidan.

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Reliance Industries eyeing to buy part of textile unit of Alok

News Tags: Alok fully integrated textile unit, apparel fabric, bankruptcy proceedings, cotton yarn, defaulted on loans, discussions on with company promoters, home textile, interest may be focused on the polyester yarn unit, or all of the unit of Alok, polyester yarn, RBI identified Alok Industries, resolution professional, RIL, showing interest in part

Mumbai
Reliance Industries eyeing to buy part of  textile unit of Alok
Summary: 
Reliance Industries showing interest in part or all of the unit of Alok and discussions are on with the company promoters and the resolution professional, as per people familiar with the development.

Reliance Industries showing interest in part or all of the unit of Alok and discussions are on with the company promoters and the resolution professional, as per people familiar with the development.

The interest may be focused on the polyester yarn unit as all the business is not of interest to Reliance because it would not add synergies, but one or two divisions may be value accretive to it. But there was no response from Reliance Industries to comment on this.

https://economictimes.indiatimes.com/news/company/corporate-trends/reliance-industries-may-buy-unit-of-bankruptcy-hit-alok/articleshow/61585217.cms
0

ChenOne opens another outlet in Karachi

News Tags: accessories, bringing to customers the best quality and highly fashionable products, chain of fashion stores, ChenOne, home textile, latest store is opened in LUCKY ONE Mall Karachi, legacy of fashion innovation, opening ceremony, owned by Chenab Group, ranging across garments, vision of setting industry benchmarks

Karachi
ChenOne opens another outlet in Karachi
Summary: 
ChenOne is a chain of fashion stores owned by Chenab Group. The first ChenOne store was opened in 1997 at Islamabad. Its latest store is opened in LUCKY ONE Mall Karachi. The CEO of ChenOne Mian Muhammad Kashif Ashfaq hosted the opening ceremony and the chief guest on the occasion was Mr Shuja Kidwai COO, Al Baraka Bank.

ChenOne is a chain of fashion stores owned by Chenab Group. The first ChenOne store was opened in 1997 at Islamabad. Its latest store is opened in LUCKY ONE Mall Karachi. The CEO of ChenOne Mian Muhammad Kashif Ashfaq hosted the opening ceremony and the chief guest on the occasion was Mr Shuja Kidwai COO, Al Baraka Bank.

CEO ChenOne expressed the company’s vision of expanding the network aiming at bringing to customers the best quality and highly fashionable products ranging across garments, home textile, accessories and furniture.

http://pakobserver.net/chenone-opens-another-outlet-2/
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Sutlej Textiles to focus more on home textile segment and exports

News Tags: all types of spun yarns, boost demand, focus more on exports, good monsoon, home textile, home textile segment, largest integrated textile manufacturing, Seventh Pay Commission, strengthen end to end operations, Sutlej Textiles, value added synthetic, Yarn to Home Textile

Mumbai
Sutlej Textiles to focus more on home textile segment and exports
Summary: 
Sutlej Textiles and Industries Ltd (STIL), one of the largest integrated textile manufacturing companies and having strong position in the Indian Textile sector in the manufacturing of value added synthetic, Natural and Blended yarns, all types of spun yarns, processing of fabrics and Home Textile Furnishing reported a good set of first quarter earnings where net profit increased 42.9 percent to Rs 45.1 crore year-on-year (YoY) and revenue grew 19.5 percent to Rs 553.6 crore (YoY).

Sutlej Textiles and Industries Ltd (STIL), one of the largest integrated textile manufacturing companies and having strong position in the Indian Textile sector in the manufacturing of value added synthetic, Natural and Blended yarns, all types of spun yarns, processing of fabrics and Home Textile Furnishing reported a good set of first quarter earnings where net profit increased 42.9 percent to Rs 45.1 crore year-on-year (YoY) and revenue grew 19.5 percent to Rs 553.6 crore (YoY).

http://www.moneycontrol.com/news/results-boardroom/more-focusexportshome-textile-segment-sutlej-textiles_7210341.html
Company News
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Pakistan’s exports to EU plunge by 12pc in first 11months of 2015

News Tags: carpet and rug, cotton and intermediary goods of textile, depreciation of euro against dollar, dip in export of textile garment, failed to boost dwindling exports, home textile, indicating preferential market access, non textile sector, Pakistan exports to European Union, plunged by twelve percent, recession in EU, two reasons for the decline

Islamabad
Pakistan’s exports to EU plunge by 12pc in first 11months of 2015
Summary: 
Pakistan’s exports to the European Union (EU) in the first 11 months (January-November) of 2015 has plunged from $6.96billion to $6.13 billion in the same period last year, a drop of 11.93 percent, indicating that the preferential market access has failed to boost dwindling exports.

Pakistan’s exports to the European Union (EU) in the first 11 months (January-November) of 2015 has plunged from $6.96billion to $6.13 billion in the same period last year, a drop of 11.93 percent, indicating that the preferential market access has failed to boost dwindling exports.

The commerce ministry listed two reasons for the decline: the recession in EU and depreciation of the euro against dollar.

Exports of textile garments dropped to $2.289bn from $2.291bn. Home textile exports dipped 8.51pc to $1.461bn from $1.597bn in January-November 2014.

http://www.dawn.com/news/1248922/exports-to-eu-fell-12pc-in-jan-nov
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Baranovichi Cotton Production Association targets to double exports in 2016

News Tags: Baranovichi Cotton Production Association, CIS countries, complete productcion cycle, crack into new markets, from cotton processing, home textile, largest manufacturer of textile products in Europe, plans to double exports to EU, readymade goods output, Russia main sales market, search cheap resources for development, yarn production

Brest
Baranovichi Cotton Production Association targets to double exports in 2016
Summary: 
Baranovichi Cotton Production Association is the largest manufacturer of textile products in Europe and CIS countries with the complete production cycle: from cotton processing and yarn production up to ready-made goods output. Baranovichi Cotton Production Association plans to restore exports; the task is to double exports to the EU in 2016, said General Director Ivan Turchak.

Baranovichi Cotton Production Association is the largest manufacturer of textile products in Europe and CIS countries with the complete production cycle: from cotton processing and yarn production up to ready-made goods output. Baranovichi Cotton Production Association plans to restore exports; the task is to double exports to the EU in 2016, said General Director Ivan Turchak.

Baranovichi Cotton Production Association sells 70% of its output domestically and exports the rest, with Russia being the main sales market.

http://eng.belta.by/economics/view/baranovichi-cotton-production-association-plans-to-double-exports-to-eu-in-2016-89753-2016/
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Marchi & Fildi to present its Ecotec smart cotton yarns at Filo exhibition

News Tags: aritificail and synthetic fibre, Ecotec smart cotton, first innovations collection, home textile, manufacturer of natural, Marchi and FIldi, minimizes use of raw resources, presented to Filo exhibition, reduces waste, smarter yarn available in fashion-savvy colour range, Textile Industry, used in new fashion fabric collections for knitwear

Milan
Marchi & Fildi to present its Ecotec smart cotton yarns at Filo exhibition
Summary: 
Marchi & Fildi, a company based in Biella, Piedmont, Italy, manufacturer of natural, artificial and synthetic fibre for the textile industry to present its Ecotec smart cotton, the first Innovations collection for the next A/W 2017-18, created by its dedicated international team at the Filo exhibition for fibres and yarns to be held in Milan, Italy this week.

Marchi & Fildi, a company based in Biella, Piedmont, Italy, manufacturer of natural, artificial and synthetic fibre for the textile industry to present its Ecotec smart cotton, the first Innovations collection for the next A/W 2017-18, created by its dedicated international team at the Filo exhibition for fibres and yarns to be held in Milan, Italy this week.

http://www.knittingindustry.com/marchi-fildi-presents-new-range-of-ecotec-smart-cotton-yarns-at-filo/
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Indian technical textiles projected to grow 20pc y-o-y

News Tags: ATUFS, Centre of Excellence for Industrial Textiles, domestic growth, focus incubation facilities, home textile, investment in technical textils, plug and play facilities, production lines for wet wipes and coir mats, projected to grow 20 percent, sixteen percent subsidy, technical textile industry, Union Minister of state for textile

Coimbatore
Indian technical textiles projected to grow 20pc y-o-y
Summary: 
Under the Amended Technology Upgradation Fund Scheme, 16 percent subsidy for investment in technical textile has been announced by the government as the technical textiles industry is projected to grow at 20 percent year-on-year and the segment’s potential is largely untapped in the country, said Union Minister of State for Textiles Santosh Kumar Gangwar on Thursday.

Under the Amended Technology Upgradation Fund Scheme, 16 percent subsidy for investment in technical textile has been announced by the government as the technical textiles industry is projected to grow at 20 percent year-on-year and the segment’s potential is largely untapped in the country, said Union Minister of State for Textiles Santosh Kumar Gangwar on Thursday.

The Centre of Excellence for Industrial Textiles/Home Textiles at PSG College of Technology would have plug-and-play facilities (focus incubation centre) for potential entrepreneurs in technical textiles, Gangwar said.

http://www.thehindu.com/todays-paper/potential-high-for-technical-textiles-minister/article8137281.ece
0

Pakistan the guest of honour country at Belgium international trade fair

News Tags: bed linen, carpets and rugs, curtains, focus on textile fabrics and garments, home textile, including bed sheets and covers, Old traditional and largest consumer trade fair, Pakistan as the guest of honour country, TDAP, The Ghent Fair, towels

Karachi
Pakistan the guest of honour country at Belgium international trade fair
Summary: 
The Ghent Fair, a 70-year-old traditional and largest consumer Trade Fair opened at Ghent, Belgium, with Pakistan as the guest-of-honour country. The opening was attended by a large number of VIPs, including ministers, European Union government officials and ambassadors of different countries. Representative of the king of Belgium, president of the government of Flanders, governor and deputy mayor of Flanders were among the attendees.

The Ghent Fair, a 70-year-old traditional and largest consumer Trade Fair opened at Ghent, Belgium, with Pakistan as the guest-of-honour country. The opening was attended by a large number of VIPs, including ministers, European Union government officials and ambassadors of different countries. Representative of the king of Belgium, president of the government of Flanders, governor and deputy mayor of Flanders were among the attendees.

Pakistan returns to the Flanders Trade Show with resounding success after a lapse of fifteen years.

http://www.dailytimes.com.pk/sindh/14-Sep-2015/special-status-for-pakistan-at-belgium-international-trade-fair
0

YiwuTex 2015 with focus on knitting and hosiery industry coming up this November

News Tags: China Yiwu International Exhibition on Textile Machinery, Chinese textile industry, exhibition specializing in knitting and hosiery industry, home textile, hosiery, meet demand of the trend, promoting a green and sustainable production mode, seamless underwear, the latest automated textile machinery, YiwuTex

Hongkong
YiwuTex 2015 with focus on knitting and hosiery industry coming up this November
Summary: 
The 16th China Yiwu International Exhibition on Textile Machinery, (YiwuTex 2015) is recognized as one of the biggest and most professional exhibition specializing in knitting and hosiery industry. It is going to meet the demand of the trend and help textile enterprises to realize transformation and to enhance competitiveness.

The 16th China Yiwu International Exhibition on Textile Machinery, (YiwuTex 2015) is recognized as one of the biggest and most professional exhibition specializing in knitting and hosiery industry. It is going to meet the demand of the trend and help textile enterprises to realize transformation and to enhance competitiveness.

After its 16 years’ development, YiwuTex has now grown up to be an important support for Zhejiang textile industry. It targets advancement, energy-saving and automation technology, providing a one-stop platform running through knitting and garment industry.

http://www.textileworld.com/Articles/2015/September/YiwuTex_2015_In_Full_Swing-Advocating_For_A_Green_And_Sustainable_Production_Mode_Leading_Automation_And_Transformation_For_The_Textile_Industry
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