Japan reduces knitwear imports from India

News Tags: duty free access to japan, Indian textile market, Japanese textile market, knitwear exports from India, knitwear exports to Japan, market share in textile imports, textile exports, textile imports, textile innovations, woven garments export

Mumbai
Summary: 
India’s knitwear exports have declined with a market share of a meagre 0.3 per cent of the total knitwear products imported by Japan in 2014 in spite the fact that India enjoys duty free

India’s knitwear exports have declined with a market share of a meagre 0.3 per cent of the total knitwear products imported by Japan in 2014 in spite the fact that India enjoys duty free access to Japan.

Prashant Godghate, secretary general of Japan India Industry Promotion Association (JIIPA), said that if Indian knitwear exporters want to enter the Japanese market on a large scale, then they should improve the quality of their products and display sticking to delivery schedules. Also, they should come up with innovations in order to meet the preferences of Japan, he added.

http://www.thehindu.com/news/national/tamil-nadu/knitwear-exports-to-japan-low-despite-favourable-factors/article7639455.ece
0

Bangladesh fails to gain duty-free access to Indian market due to non-tariff charges

News Tags: Bangladesh garment industry, Dhaka, duty free access, Indian man-made textile, Indian textile market, Indian traders, Miza Azam, State minister for textile and Jute, trade deficit

Dhaka
Bangladesh fails to gain duty-free access to Indian market
Summary: 
Bangladesh garment industry although has duty-free access to the Indian market, it is unable to gain benefit from the facility due to non-tariff charges, said state minister for Textile and Jute Miza Azam after inaugurating a two-day Indian man-made textiles exhibition in the city.

Bangladesh garment industry although has duty-free access to the Indian market, it is unable to gain benefit from the facility due to non-tariff charges, said state minister for Textile and Jute Miza Azam after inaugurating a two-day Indian man-made textiles exhibition in the city.

Bangladesh has been suffering from inveterate trade deficit with India for decades and need to address the trade imbalance issue in a win-win situation.

http://www.thefinancialexpress-bd.com/2014/09/30/58918
0

Indian textile market going through a temporary phase of slothfulness

News Tags: cotton yarn, cotton yarn price, demand for textile, EU market, fabric, festival season, garment making unit, Indian textile market, made-ups, SIMA

Coimbatore
Indian textile market going through a temporary phase of slothfulness
Summary: 
Although India saw demand for cotton yarn from China on a declining trend and the European Union market for fabrics and made-ups mired during the last four months. However, the demand for textiles would be picking up soon in India with the festival season just round the corner.

Although India saw demand for cotton yarn from China on a declining trend and the European Union market for fabrics and made-ups mired during the last four months. However, the demand for textiles would be picking up soon in India with the festival season just round the corner.
 
Drop in export demand for cotton yarn and the slowdown in the domestic market are only temporary and yarn manufacturers should not panic because of the “temporary slothfulness in the market, according to chairman of Southern India Mills’ Association (SIMA) T. Rajkumar.

http://www.thehindu.com/news/cities/Coimbatore/sluggishness-in-textile-market-temporary-sima/article6274737.ece
0

Indian textile market to see strong growth with the government support

News Tags: cotton, domestic consumption, export demand, FDI limit, garment, Indian textile market, jute, promotiona visit, raw material, silk, sourcing hub, Textile, wool

New Delhi
Indian textile market to see strong growth with the government support
Summary: 
The textile market in India to see strong growth which will be further sustained by improved domestic consumption as well as increased export demand due to the abundant availability of raw materials, especially silk, jute, cotton and wool. Moreover, the industry growth has been driven by the presence of skilled workforce in the country which has made it one of the major sourcing hubs and the world’s second-largest producer of textiles and garments.

Textile & Apparel sector in India is an important contributor to the national economy in terms of direct and indirect employment generation and net foreign exchange earnings, contributing 4% to India’s GDP in 2012, the sector has also attracted direct foreign investments worth USD 1.11 billion from April 2000 to February 2014.
 
Currently, the overall textile and apparel sector accounts for about 24% of world’s spindle capacity and 8% of global rotor capacity and is expected to touch USD 223 billion by 2021.
 

http://www.whatech.com/market-research-reports/press-release/24309-textile-market-in-india-all-set-to-grow-on-back-of-government-initiatives
0

India likely to increase textile production level to $220 bn by 2020

News Tags: Coimbatore textile manufacturers, global textile trade, Indian textile market, Kavuru Sambasiva Rao, Textile production, textile sector

Coimbatore
India likely to increase textile production level to $220 bn by 2020
Summary: 
Union Textile Minister Kavuru Sambasiva Rao is of the view that the current India’s annual production level of textile goods which is $90 billion is likely to increase to $220 billion by 2020 with China to divert its focus to other sectors.

Union Textile Minister Kavuru Sambasiva Rao is of the view that the current India’s annual production level of textile goods which is $90 billion is likely to increase to $220 billion by 2020 with China to divert its focus to other sectors.

http://www.thehindu.com/news/cities/Coimbatore/textile-production-expected-to-more-than-double-by-2020/article5592925.ece
Textile Auxiliaries
Company News
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Next designer collaboration of H&M is Moschino  
  13 Jul , 2018 Read full story  
Tirupur Exporters Association suggests textile mills to save the knitwear garment export sector as cotton yarn price increases  
  13 Jul , 2018 Read full story  
SIMA gives importance to price stabilisation fund  
  13 Jul , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button