Textile Ministry targeting to double textile production by 2025

Related Keywords: cotton fiber, country's production of textiles, Domestic production of textiles, exports and trade, SRTEPC, synthetic, targeting to double textile production, Textile Ministry, trade, USD300 billion by 2025

Coimbatore
Textile Ministry targeting to double textile production by 2025
Summary: 
With the domestic production of textiles at $110 billion and exports and trade at $40 billion, the country's production of textiles at present is worth $150 billion. The Textile Ministry is targeting to double textile production and trade to $300 billion by 2025, said Textile Commissioner Kavita Gupta on Friday.

With the domestic production of textiles at $110 billion and exports and trade at $40 billion, the country's production of textiles at present is worth $150 billion. The Textile Ministry is targeting to double textile production and trade to $300 billion by 2025, said Textile Commissioner Kavita Gupta on Friday.

https://www.thehindubusinessline.com/economy/ministry-targets-doubling-of-textile-production-by-2025/article23274644.ece
0

Vietnam, Mozambique to seek closer partnership in import and export trade

Related Keywords: called for businesses, especially in import-export trade, investment, meeting was recently held, more than hundred representatives, Mozambican and Swazi enterprises were present, Mozambique’s capital of Maputo, study each others market, tax, To seek closer partnership, trade, trade fairs and exhibitions, updating on economic, Vietnamese

Pretoria
Vietnam, Mozambique to seek closer partnership in import and export trade
Summary: 
To seek closer partnership, especially in import-export trade a meeting was recently held in Mozambique’s capital of Maputo where more than 100 representatives of Vietnamese, Mozambican and Swazi enterprises were present.

To seek closer partnership, especially in import-export trade a meeting was recently held in Mozambique’s capital of Maputo where more than 100 representatives of Vietnamese, Mozambican and Swazi enterprises were present.

Addressing the event, Dao Manh Duc, head of the Vietnamese Trade Office in Mozambique called for businesses of both sides to become more active in studying each other’s market through joining trade fairs and exhibitions, and updating themselves on the economic, trade, investment, tax and currency policies of each other to minimize trade risks.

https://en.vietnamplus.vn/vietnamese-mozambique-firms-seek-closer-partnership/118689.vnp
0

Morroco’s textile exportations to accelerate by 2020

Related Keywords: Industrial Development Fund (FDI), Investment and Digital Economy of Morocco, Minister of Industry, Moula Hafid Elamaly, the Association Maroccaine des Industries du Textile et de l’Habillement (AMITH), trade, “Maroc in Mode et Maroc Sourcing”

Morocco
Morroco’s textile exportations to accelerate by 2020
Summary: 
During the inauguration of the 13th fair “Maroc in Mode et Maroc Sourcing” held by the Association Maroccaine des Industries du Textile et de l’Habillement (AMITH) in Marrakesh, the Minister of Industry, Trade, Investment and Digital Economy of Morocco Moula Hafid Elamaly underscored a weighty plan to accelerate the country’s textile sector

During the inauguration of the 13th fair “Maroc in Mode et Maroc Sourcing” held by the Association Maroccaine des Industries du Textile et de l’Habillement (AMITH) in Marrakesh, the Minister of Industry, Trade, Investment and Digital Economy of Morocco Moula Hafid Elamaly underscored a weighty plan to accelerate the country’s textile sector

As a part of the Industrial Acceleration Plan , Rabat – Morocco sets to seek MAD 6.5 billion of textile exportations by 2020. This ambitious strategy is basically set in response to the professionalism of the sector operators.

http://www.moroccoworldnews.com/2015/11/172147/morocco-to-reach-mad-65-billion-of-textile-exportations-by-2020/
0

Pakistan, Azerbaijan to boost trade and joint venture to field such as textiles, energy

Related Keywords: agreed to facilitate and encourage, businessmen, commerce and mutual investment, energy, enhance bilateral trade cooperation, fields such as textile, Pakistan and Azerbaijan meet, trade, undertake joint venture

Islamabad
Pakistan, Azerbaijan to boost trade and joint venture to field such as textiles,
Summary: 
To enhance the bilateral trade cooperation in trade, commerce and mutual investment in fields such as textile, energy and pharmaceutical between the two countries, Pakistan and Azerbaijan, a meeting was held on Wednesday between Pakistan Federal Minister for Finance, Senator Mohammad Ishaq Dar and Shahin Abdulla Mustaffayev, Minister of Economy and Industry of Azerbaijan, in Baku.

To enhance the bilateral trade cooperation in trade, commerce and mutual investment in fields such as textile, energy and pharmaceutical between the two countries, Pakistan and Azerbaijan, a meeting was held on Wednesday between Pakistan Federal Minister for Finance, Senator Mohammad Ishaq Dar and Shahin Abdulla Mustaffayev, Minister of Economy and Industry of Azerbaijan, in Baku.

http://www.brecorder.com/business-a-economy/189/1183911/
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J&K working out strategy to set up Textile Park on HMT factory land

Related Keywords: handicrafts, HMT factory land, Industrial department, Jammnu and Kashmir, Omar Abdullah, policy of industrialization, Textile Park, trade

Srinagar
J&K working out strategy to set up Textile Park on HMT factory land
Summary: 
The Industries Department has been directed by the Jammu and Kashmir, Chief Minister Omar Abdullah to work out the strategy of establishing proposed Textile Park at a portion of HMT Factory land as it has stopped its functioning for a long time now.

The Industries Department has been directed by the Jammu and Kashmir, Chief Minister Omar Abdullah to work out the strategy of establishing proposed Textile Park at a portion of HMT Factory land as it has stopped its functioning for a long time now.
 
The industries department has been urged to pursue the matter on fast track so that action on setting up of a Textile Park for the local entrepreneurs is taken up as early as possible.
 

http://www.kashmirlife.net/covert-portion-of-hmt-into-textile-park-cancel-land-to-sail-omar-62709/
0

Invista to bring its new rebranding Lycra awareness to consumers and trade

Related Keywords: consumer, integrated fiber company, INVISTA, Lycra, man made fiber, rebranding, trade

USA
Invista to bring its new rebranding Lycra awareness to consumers and trade
Summary: 
Invista, the world’s largest integrated fiber company, is planning rebranding its man-made fiber line, Lycra. The brand’s high consumer awareness is one of Invista’s most important assets. The company is rebranding Lycra to consumers with the message, “Lycra Moves You.” The new slogan will enhance the three benefits associated with the Lycra brand: freedom, comfort and movement.

Invista, the world’s largest integrated fiber company, is planning rebranding its man-made fiber line, Lycra. The brand’s high consumer awareness is one of Invista’s most important assets. The company is rebranding Lycra to consumers with the message, “Lycra Moves You.” The new slogan will enhance the three benefits associated with the Lycra brand: freedom, comfort and movement.
 

https://www.sourcingjournalonline.com/invista-relaunches-lycra-ll/
Company News
0

Cotton prices likely to see mixed trading in India

Related Keywords: Cotton Association of India, cotton price, cotton sowing, cotton yarn export, global demand, kapas, long staple, medium staple, trade

New Delhi
Cotton prices likely to see mixed trading in India
Summary: 
Cotton prices may trade on a mixed note. Forecast of below normal rains, lower sowing, demand from the millers and declining supplies may give support to the prices. However, higher production, lower cotton yarn exports, global demand concerns and comfortable supplies may pressurize prices at higher levels.

Cotton prices may trade on a mixed note. Forecast of below normal rains, lower sowing, demand from the millers and declining supplies may give support to the prices. However, higher production, lower cotton yarn exports, global demand concerns and comfortable supplies may pressurize prices at higher levels.
 
However, concerns over global demand coupled with higher output last year and weak cotton yarn exports to China capped sharp gains. NCDEX Kapas as well as MCX Cotton futures settled 0.4% and 0.1% higher.
 

http://www.moneycontrol.com/news/brokerage-recos-commodities/cotton-prices-may-trademixed-note-angel-commodities_1116320.html
Cotton Linter
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