Turkey wants to stiffen up China textile imports

News Tags: cotton fabrics, Ready-to-wear clothing, textile companies, textile imports, textile sector, Turkey’s textile sector

Turkey
Summary: 
A CEO whose company exports to seven other countries, and has almost 150 stores in Turkey, expressed that, “We had been informed that we would need a lot of extra documents for imports from China, so we demanded this meeting.” He added that, “The ministry didn’t ask us to stop producing in China. It was a fruitful meeting. We asked them to postpone the plan until at least January 2019, which the ministry will evaluate.”

A CEO whose company exports to seven other countries, and has almost 150 stores in Turkey, expressed that, “We had been informed that we would need a lot of extra documents for imports from China, so we demanded this meeting.” He added that, “The ministry didn’t ask us to stop producing in China. It was a fruitful meeting. We asked them to postpone the plan until at least January 2019, which the ministry will evaluate.”

http://www.hurriyetdailynews.com/turkey-wants-to-tighten-up-china-textile-imports-firms-133257
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Concern for Pakistan as it's export performance is dependent on cotton prices

News Tags: All Pakistan Bedsheet and Upholstry Manufacturers Association, carpets, Drawback of Local Taxes and Levies, hike in exports, leather, sports goods, surgical goods, Textile, textile and non-textile sectors of Pakistan, textile producers, textile sector

Multan
Summary: 
All Pakistan Bedsheet and Upholstry Manufacturers Association Chairman Syed Muhammad Aasim Shah has praised the Economic Coordination Committee (ECC) for extending the export package worth Rs 195 billion for the next three years, saying it will help enhance the country’s export receipts. The package is aimed at improving competitiveness of textile and non-textile sectors of Pakistan in a bid to increase the pace of growth in exports in coming financial years.

All Pakistan Bedsheet and Upholstry Manufacturers Association Chairman Syed Muhammad Aasim Shah has praised the Economic Coordination Committee (ECC) for extending the export package worth Rs 195 billion for the next three years, saying it will help enhance the country’s export receipts. The package is aimed at improving competitiveness of textile and non-textile sectors of Pakistan in a bid to increase the pace of growth in exports in coming financial years.

https://tribune.com.pk/story/1725423/2-textile-producers-expect-hike-exports/
0

ITM 2018 International Textile Machinery Exhibition achieves great global success

News Tags: exhibitor booths, HIGHTEX 2020 Exhibition, international textile machinery exhibition, ITM 2018 Exhibition, ITM 2020 Exhibition, textile sector, Textile show

Istanbul
Summary: 
The ITM 2018 Exhibition has achieved great success this year and continues to innovations. The duration of the ITM 2020 Exhibition was extended to five days on the basis of intense demand from exhibitors and visitors. Being the address for world launches, the ITM 2020 Exhibition will host exhibitors and visitors from around the world.

The ITM 2018 Exhibition has achieved great success this year and continues to innovations. The duration of the ITM 2020 Exhibition was extended to five days on the basis of intense demand from exhibitors and visitors. Being the address for world launches, the ITM 2020 Exhibition will host exhibitors and visitors from around the world.

0

Synthetic fibers prepared with nylon, polyester, acrylic, and polyolefin have a commanding position in the textile industry of Pakistan

News Tags: 000 looms, 90, Acetate rayon yarn, acrylic, acrylic yarn, blankets, carpets, clothing brands, Cotton Export Corporation of Pakistan, fabric, fabrics, nylon, nylon filament yarn, polyester, polyester filament yarn, polyolefin, shawls, silk, synthetic fibers, textile commodities, textile manufacturing, Textile mills, textile sector, woolen yarn

Islamabad
Summary: 
Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan. The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc.

Pakistan is the 8th largest exporter of textile commodities in Asia and textile sector contributes 8.5% to the GDP of Pakistan. The total textile sector exports reached $7.72bn value-wise in July-January 2018 versus $7.2bn in the corresponding period of last year, reflecting an increase of 7.18 pc.

https://nation.com.pk/03-Jun-2018/textile-industry-in-pakistan-an-open-example-of-resistance-economy
0

Traders urging to study the influence of GST on the textile sector

News Tags: Embroidery Machines, Federation of Surat Textile Trader’s Association, finished fabrics, Indian fabrics, man-made fabric, polyester fabric, sarees and dress material, textile sector, weavers and embroidery owners, yarn

Surat
Summary: 
The FOSTTA office-bearers have stated that the production of man-made fabric has decreased from four crore meters per day to less than two crore meters, the sale of polyester fabric including sarees and dress material has decreased by almost 40% and that the export of finished fabrics has reduced by almost 28% in the last 10 months post-GST implementation, in a letter to Modi.

The FOSTTA office-bearers have stated that the production of man-made fabric has decreased from four crore meters per day to less than two crore meters, the sale of polyester fabric including sarees and dress material has decreased by almost 40% and that the export of finished fabrics has reduced by almost 28% in the last 10 months post-GST implementation, in a letter to Modi.

https://timesofindia.indiatimes.com/city/surat/study-gst-impact-on-textile-sector-traders-urge-pm/articleshow/64336747.cms
0

Research report on textiles by FPCCI on direction of the PM

News Tags: export of textile products, Federation of Pakistan Chambers of Commerce and Industry, Global textile market, provision of raw materials to the textile sector, report consists of issues of the export-oriented sectors including the textile sector, textile package, textile sector

Islamabad
Summary: 
Bangladesh set an aim to attain textile exports of $60 billion, India set its target to increase exports to $30 billion, while Pakistan’s total exports have decreased from $25 billion to $20 billion, in which the textile sector’s share is 61 per cent.

Bangladesh set an aim to attain textile exports of $60 billion, India set its target to increase exports to $30 billion, while Pakistan’s total exports have decreased from $25 billion to $20 billion, in which the textile sector’s share is 61 per cent.

The report evaluated that the China’s export of textile products share is 36 per cent, Vietnam contributes 12.4 per cent, similarly Pakistan’s share is 7 per cent, therefore a trilateral products specific agreement between China, Pakistan and Vietnam will acquire 50 per cent share of the Global Textile market.

https://profit.pakistantoday.com.pk/2018/05/21/fpcci-prepares-research-report-on-textiles-under-pms-instructions/
0

Epson appoints The Textile Engineers of Pakistan to drive Monna Lisa to Pakistan market expansion

News Tags: 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.

0

Buy from local artisans Ministry of Textile requests

News Tags: export earnings, Integrated Scheme for Development of Silk Industry, Make in India, Ministry of textile, textile sector

India
Summary: 
Cabinet headed by PM Narendra Modi had approved Integrated Scheme for Development of Silk Industry earlier which will benefit the silk industry of the country. The Ministry of Textile has made a heartfelt request to all ministries, departments and public sector undertakings to buy their fabric requirements from the local artisans in the country. The request has been made to give “purchase preference” to the local products under the “Make in India” scheme.

Cabinet headed by PM Narendra Modi had approved Integrated Scheme for Development of Silk Industry earlier which will benefit the silk industry of the country. The Ministry of Textile has made a heartfelt request to all ministries, departments and public sector undertakings to buy their fabric requirements from the local artisans in the country. The request has been made to give “purchase preference” to the local products under the “Make in India” scheme.

https://www.devdiscourse.com/Article/8312-ministry-of-textile-appeals-psus-to-buy-from-local-artisans
0

GCCI president urging the Central government to consider implementing a uniform textile policy across the country in line with GST

News Tags: 'Farm to Fashion - Indian Textile Global Summit 2018, cotton produced by farmers gets consumed by the garment industry, Gujarat Chamber of Commerce and Industry, making Khadi as globally accepted garment, support the textile industry to encourage the manufacturing sector, supporting foreign direct investment (FDI) in the textile sector, textile sector, textile units will shut down here and shift to Maharashtra, uniform textile policy

Ahmedabad
Summary: 
Gujarat chief minister Vijay Rupani exuded confidence that the textile sector is capable of strengthening rural economy and create large-scale employment on the occasion. He added that that his government is working towards building robust infrastructure to ensure that cotton produced by farmers gets consumed by the garment industry in the state, saving time and energy to export it.

Gujarat chief minister Vijay Rupani exuded confidence that the textile sector is capable of strengthening rural economy and create large-scale employment on the occasion. He added that that his government is working towards building robust infrastructure to ensure that cotton produced by farmers gets consumed by the garment industry in the state, saving time and energy to export it.

https://www.moneycontrol.com/news/business/economy/suresh-prabhu-bats-for-textile-sector-to-boost-manufacturing-growth-2563147.html
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Maharashtra state’s new textile policy to offer capital, power subsidy

News Tags: 2018-2023 period, announcing new textile policy, garmenting, knitting and ginning industries, Magnetic Maharashtra, offer capital, policy will cover the spinning, power subsidy, processing, state government, textile sector, three day long Convergence 2018 conclave, weaving

Mumbai
Maharashtra state’s new textile policy to offer capital, power subsidy
Summary: 
The Magnetic Maharashtra, the three day long Convergence 2018 conclave that began on Sunday, the state government will be announcing its new textile policy which will be for the 2018-2023 period. Chief Minister of Maharashtra, Devendra Fadnavis said that the policy will cover the spinning, weaving, processing, garmenting, knitting and ginning industries, among others.

The Magnetic Maharashtra, the three day long Convergence 2018 conclave that began on Sunday, the state government will be announcing its new textile policy which will be for the 2018-2023 period. Chief Minister of Maharashtra, Devendra Fadnavis said that the policy will cover the spinning, weaving, processing, garmenting, knitting and ginning industries, among others.

http://www.thehindu.com/news/cities/mumbai/new-textile-policy-to-offer-capital-power-subsidy/article22786896.ece
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