Rising cotton price worries yarn makers

Related Keywords: China imports, China was importing cotton, cotton, higher cotton prices, main consumer of cotton, raw material, Shankar 6, South India Spinners’ Association, Textile Industry, Textile mills, textile value chain, yarn prices

Coimbatore
Summary: 
According to industry sources cotton stocks with small and medium-scale mills would be low. Internationally, China was said to be importing large quantities. Those who were buying for daily needs might be affected.

According to industry sources cotton stocks with small and medium-scale mills would be low. Internationally, China was said to be importing large quantities. Those who were buying for daily needs might be affected.

The mills that had covered cotton at the beginning of the season would benefit now. The mills fear that as the season comes to an end, the prices might go up further. Since cotton is the main raw material, the entire textile value chain will be affected.

http://www.thehindu.com/todays-paper/tp-business/cotton-price-rise-has-textile-sector-worried/article24125939.ece
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This is major relief for the textile industry, says Ujwal Lahoti

Related Keywords: Goods and Services Tax, GST and IGST claims, mandi tax, refund of embedded taxes, Refund on State Levies, stamp duties on export documents, Textile exporters, Textile Industry

Mumbai
Summary: 
Ujwal Lahoti, chairman, Cotton Textile Export Promotion Council said that, “Some policy measures like refund of embedded taxes (also recognised by the Economic Survey for 2017-18), extending the ROSL scheme which refunds state levies like value added tax and generation of captive power, mandi tax, duty on electricity, stamp duties on export documents, etc, and to expedite the refund of pending GST and IGST claims, and ROSL of exporters need to be considered on priority basis.”

Ujwal Lahoti, chairman, Cotton Textile Export Promotion Council said that, “Some policy measures like refund of embedded taxes (also recognised by the Economic Survey for 2017-18), extending the ROSL scheme which refunds state levies like value added tax and generation of captive power, mandi tax, duty on electricity, stamp duties on export documents, etc, and to expedite the refund of pending GST and IGST claims, and ROSL of exporters need to be considered on priority basis.”

https://www.business-standard.com/article/markets/india-s-textile-exporters-expect-easing-of-working-capital-118060500047_1.html https://www.business-standard.com/article/markets/india-s-textile-exporters-expect-easing-of-working-capital-118060500047_1.html
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Union Textile Minister proposes on how to make good quality Indian cotton a global brand

Related Keywords: domestic cotton industry, good quality cotton, Merchants Chamber of Commerce and Industry, Shankar 6, Suvin cotton, Textile Industry, Textile Ministry, Union Textile Minister

Kolkata
Summary: 
According to Sanjay K Jain, Chairman of Confederation of Indian Textile Industry and board member, Cotton Association of India, the matter is currently under deliberation. “The Suvin cotton produced in Tamil Nadu and Shankar 6 produced in Gujarat are both good quality cotton and can be projected as a global brand. The matter is in the deliberation stage,” he told at the session.

According to Sanjay K Jain, Chairman of Confederation of Indian Textile Industry and board member, Cotton Association of India, the matter is currently under deliberation. “The Suvin cotton produced in Tamil Nadu and Shankar 6 produced in Gujarat are both good quality cotton and can be projected as a global brand. The matter is in the deliberation stage,” he told at the session.

The proposal, once ready, would be placed before the Textile Ministry as well as the Commerce Ministry, Jain said. He however was unable to give a timeline for the same.

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The Home Fashion Products Association has issued a letter rebutting the argument for placing tariffs on Chinese textiles imports

Related Keywords: Chinese textiles imports, fabrics, global textile markets, high performance fibers, Home Fashion Products Association, home textiles manufacturing, Narrow Fabrics Institute, textile home furnishings, Textile Industry, textile manufacturing, the National Council of Textile Organizations, U.S. Industrial Fabrics Institute, U.S.-based home textiles companies in the business, yarns

New York
Summary: 
The White House announced it will impose a 25% tariff on $50 billion worth of Chinese technology goods. The list of covered imports is scheduled to be published June 15. The original list of goods slated for tariffs earlier this spring did not include textiles.

The White House announced it will impose a 25% tariff on $50 billion worth of Chinese technology goods. The list of covered imports is scheduled to be published June 15. The original list of goods slated for tariffs earlier this spring did not include textiles.

http://www.hometextilestoday.com/article/554163-hfpa-argues-against-tariffs-textiles/
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Epson appoints The Textile Engineers of Pakistan to drive Monna Lisa to Pakistan market expansion

Related Keywords: American and European textile players, Corino (Feeding, digital textile printer expansion, from printing to finishing, Handling systems), Industrial textile technology, Italian machinery manufacturers, Shearing and Polishing machine), Simet (Winders) and Danti Paolo (Raising, spinning, Textile Industry, textile sector, textile solutions, The Textile Engineers of Pakistan, to dyeing

Como
Summary: 
Epson and its subsidiaries For.Tex. and Fratelli Robustelli appoints The Textile Engineers of Pakistan (TEP) to drive Monna Lisa digital textile printer expansion in the Pakistan market.

Epson and its subsidiaries For.Tex. and Fratelli Robustelli appoints The Textile Engineers of Pakistan (TEP) to drive Monna Lisa digital textile printer expansion in the Pakistan market.

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First ever Yarn, Fabric and Accessories Show 'YFA 2018' begins August 30th at Ludhiana

Related Keywords: Alkey Synthetics Pvt. Ltd., Arisudana Industries Limited, Bhilosa Industries Pvt. Ltd., clothing accessories, fabrics, fibers, Garment Manufacturing, GTN Engineering India Limited, J B Ecotex LLP, J Korin, Jingletex Development Co. Ltd, Kautilya Industries Pvt. Ltd., knitting, RSWM Limited, Sanathan Textiles Pvt. Ltd., spinning, Textile Industry, textile value-chain, textiles and apparels, weaving, Yarn Fabric & Accessories Show 2018, yarns, YFA LUDHIANA 2018

Ludhiana
Summary: 
The Yarn Fabric & Accessories Show (YFA) 2018 which runs from August 30th – 01st, September 2018 at Dana Mandi, Bahadur K Road, Ludhiana aims to redefine the way fiber, yarn, fabric and apparel accessories are sourced and bring renowned suppliers from the these four segments closer to buyers and also offer buyers a one-stop place to source all their requirements.

The Yarn Fabric & Accessories Show (YFA) 2018 which runs from August 30th – 01st, September 2018 at Dana Mandi, Bahadur K Road, Ludhiana aims to redefine the way fiber, yarn, fabric and apparel accessories are sourced and bring renowned suppliers from the these four segments closer to buyers and also offer buyers a one-stop place to source all their requirements.

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Trevira approves large projects at the Guben site

Related Keywords: apparel, Filament BU, Guben, home textiles, Indorama Ventures, polycondensation, spinning, Technical Textiles, Textile Industry, textile processing, texturized filament yarns, Trevira GmbH

Bobingen
Summary: 
The approved investments will be in the form of equipment that will affect all of the processes — polycondensation, spinning and textile processing — at the Guben site where Trevira produces filament specialties for the textile industry. A total sum of approx. 7.5 million euros is scheduled to be invested. These investments will generate additional quantitative growth and optimize processes and procedures at Trevira’s site in Guben where flat and texturized filament yarns are produced for automotive interiors, technical textiles, apparel, and home textiles.

The approved investments will be in the form of equipment that will affect all of the processes — polycondensation, spinning and textile processing — at the Guben site where Trevira produces filament specialties for the textile industry. A total sum of approx. 7.5 million euros is scheduled to be invested. These investments will generate additional quantitative growth and optimize processes and procedures at Trevira’s site in Guben where flat and texturized filament yarns are produced for automotive interiors, technical textiles, apparel, and home textiles.

http://www.textileworld.com/textile-world/fiber-world/2018/05/trevira-large-projects-approved-for-the-guben-site/
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Putting forward the Amul model for producing cotton by GCCI

Related Keywords: cotton production and farming, Farm to Fashion – Indian Textile Global Summit at Ahmedabad, Gujarat Chamber of Commerce and Industry, Indian textile scenario, Maskati Cloth Market Association, Textile Industry, textile industry in Gujarat, textile policy, yield of cotton per hectare

Ahmedabad
Summary: 
Shailesh Patwari, president, GCCI said that, estimates by GCCI indicate that despite being the second largest cotton producing country in the world, the yield of cotton per hectare in India is less than half of what it is in China, Australia and US. “The new model will help farmers in reducing their production costs while increasing their income as well as yield. Collective efforts will give them access to a bigger land and reduce their costs of adopting new technology and scientific assistance. It will over all benefit the value chain of the textile sector.” He also added that, GCCI and MCMA also said they are preparing a white paper to provide a roadmap of future of Indian textile scenario which will help formulate a new textile policy. “We are pushing for one nation, one policy for the textile industry, which is the need of the hour for stable investments, just like one nation one tax mantra of GST.”

Shailesh Patwari, president, GCCI said that, estimates by GCCI indicate that despite being the second largest cotton producing country in the world, the yield of cotton per hectare in India is less than half of what it is in China, Australia and US. “The new model will help farmers in reducing their production costs while increasing their income as well as yield. Collective efforts will give them access to a bigger land and reduce their costs of adopting new technology and scientific assistance.

https://timesofindia.indiatimes.com/city/ahmedabad/gcci-proposes-amul-model-for-cotton-production/articleshow/63945994.cms
0

Showcase of top textile technologies and machinery at YiwuTex 2018

Related Keywords: China Yiwu International Trade Fair for Textile and Garment Industry, cloth, Created in China, garment, glass plates, labels, latest textile machinery, non-woven fabrics, paper boards, PVC plates, T-Shirts, Textile Industry, umbrellas, varicose vein socks, Wenzhou Changs Machinery Co., wooden boards, YiwuTex 2018, YiwuTex 2018 is committed to promote innovation and sustainability in the textile machinery industry

Hong Kong
Summary: 
With rising manufacturing cost and product diversification, manufacturers’ demand in high-tech and automatic machinery is escalating; textile production solutions which are more cost-effective and productive draw attention of manufacturers in different places. The 19th "China Yiwu International Trade Fair for Textile and Garment Industry" (YiwuTex 2018), a pioneer reforming and developing the textile industry, will be held on 17-19 May 2018 in Yiwu. Over 280 exhibitors are ready to showcase their latest textile machinery and a variety of smart technologies to international buyers in this exhibition.

With rising manufacturing cost and product diversification, manufacturers’ demand in high-tech and automatic machinery is escalating; textile production solutions which are more cost-effective and productive draw attention of manufacturers in different places. The 19th "China Yiwu International Trade Fair for Textile and Garment Industry" (YiwuTex 2018), a pioneer reforming and developing the textile industry, will be held on 17-19 May 2018 in Yiwu.

0

Uster Technologies announces the successful closing of the acquisition of Elbit Vision Systems

Related Keywords: cotton, Elbit Vision Systems, fabric, fibre, filament yarns, final finished fabric, raw textile fibres, staple fibre, Textile Industry, Textile production, Toyota Industries Corporation, Uster, wool

Switzerland
Summary: 
Uster Technologies is an independent subsidiary of Toyota Industries Corporation (TICO), a Japanese listed company headquartered in Uster, Switzerland.The Uster Group operates through a worldwide market organisation complemented by technology centres. The Group provides testing and monitoring instruments, systems and services that allow optimization of quality through each individual stage of textile production which includes raw textile fibres, such as cotton or wool, all staple fibre and filament yarns, as well as downstream services to the final finished fabric. The Uster Group is a leading high-technology instrument manufacturer of products for quality measurement and certification for the textiles industry.

Uster Technologies is an independent subsidiary of Toyota Industries Corporation (TICO), a Japanese listed company headquartered in Uster, Switzerland.The Uster Group operates through a worldwide market organisation complemented by technology centres.

https://www.innovationintextiles.com/testing-standards/uster-completes-acquisition-of-evs/
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