Tirupur Exporters Association suggests textile mills to save the knitwear garment export sector as cotton yarn price increases

Related Keywords: cotton corporation of India, cotton yarn price, garmenting, knitting, knitwear export sector, Textile Industry, Textile mills, weaving, yarn prices

Coimbatore
Summary: 
The TEA President said he had already met Union Textiles Minister Smriti Irani over the issue, with a request to mandate that Cotton Corporation of India ensure availability of enough quantity with desired quality to protect the interests of farmers, the textile industry and also to generate employment. He said that, the impact of the price increase has made textile mills increase yarn prices which ultimately affect downstream value added sectors like weaving, knitting, garmenting and made ups, particularly value added exporters, as they could not hike the price, fixed more than three to five months back.

The TEA President said he had already met Union Textiles Minister Smriti Irani over the issue, with a request to mandate that Cotton Corporation of India ensure availability of enough quantity with desired quality to protect the interests of farmers, the textile industry and also to generate employment.

https://www.thehindubusinessline.com/news/national/tea-urges-textile-mills-to-save-knitwear-garment-export-sector/article24301273.ece
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Coloreel to launch their revolutionary thread coloring unit for industrial embroidery machines at Avantex

Related Keywords: Avantex, Coloreel, embroidery production, fashion and sportswear, fashion industry, high-tech fashion, Textile, Textile Industry, Textile production, thread coloring unit

Sweden
Summary: 
The advanced fair Avantex has a good geographic location, in the middle of Europe, which makes it easy for all markets and prospective customers to come. On the 17-20th September, Coloreel will launch their revolutionary thread coloring unit for industrial embroidery machines at Avantex, the fair where high technology meets fashion industry. At stand Z428, the customers will be able to meet with both Coloreel and the European distributors.

The advanced fair Avantex has a good geographic location, in the middle of Europe, which makes it easy for all markets and prospective customers to come. On the 17-20th September, Coloreel will launch their revolutionary thread coloring unit for industrial embroidery machines at Avantex, the fair where high technology meets fashion industry. At stand Z428, the customers will be able to meet with both Coloreel and the European distributors.

http://www.texdata.com/news/26.Infoletter/11409.html
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Aptma rejects textile package saying that it would reverse 15 percent growth in exports

Related Keywords: All Pakistan Textile Mills Association, Central Executive Committee, gains in exports, import duty on cotton, Textile Industry, textile package, yarn and fabric

Lahore
Summary: 
The CEC apprehended that the imposition of import duty on cotton would erode the viability and competitiveness of industry and nullify the gains in exports during the last one year.

The CEC apprehended that the imposition of import duty on cotton would erode the viability and competitiveness of industry and nullify the gains in exports during the last one year.

The CEC also rejected the imposition of 11 percent duty on import of cotton from July 15, as the domestic cotton production in the coming season is expected to be even less than 10 million bales and the industry will have to import more than five million bales to meet the shortage. The CEC also criticised reduction in rebate and exclusion of yarn and fabric from the list.

https://www.thenews.com.pk/print/327776-aptma-rejects-textile-package
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Archroma signs MoU with UET which will consider new methods in textile research

Related Keywords: Archroma Center of Excellence, developmental projects, global apparel needs, global leader in colour and specialty chemicals, innovative textile solutions, research in textile applications and process innovative methodologies by pioneering value additions, sustainable growth, Textile Industry, Textile research, textile segment, University of Engineering & Technology

Reinach
Summary: 
The partnership will consider new methods in textile research with pioneering visualization for Pakistan to help the Pakistan textile industry and keep in line with the fast pace of global apparel needs and development. The MoU will make way for cooperation initially for a five-year period.

The partnership will consider new methods in textile research with pioneering visualization for Pakistan to help the Pakistan textile industry and keep in line with the fast pace of global apparel needs and development. The MoU will make way for cooperation initially for a five-year period.

A global leader in colour and specialty chemicals, Archroma announced that it has signed a Memorandum of Understanding (MoU) with the University of Engineering & Technology (UET), Lahore, Pakistan.

https://www.knittingindustry.com/archroma-joins-hands-with-uet/
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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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