Vietnam textile industry facing challenges brought by automation

News Tags: fabric and dyeing sectors, facing great challenge, focus on developing modern skills, labour-replacement process, meeting requirements of productivity, need some 300-400 engineers every year, quality and fashion trends, train workers to modernise production, universities supply only around 30, Vietnam textile and garment industry, yarn

HCM city
Vietnam textile industry facing challenges brought by automation
Summary: 
Vietnam textile and garment industry facing a great challenge in meeting the requirements of productivity, quality and fashion trends as the yarn, fabric and dyeing sectors need some 300-400 engineers every year, while universities supply only around 30, according to experts.

Vietnam textile and garment industry facing a great challenge in meeting the requirements of productivity, quality and fashion trends as the yarn, fabric and dyeing sectors need some 300-400 engineers every year, while universities supply only around 30, according to experts.

Hoàng Xuân Hiệp, principal of the Hà Nội Industrial Garment and Textile University said that trained workers only account for around 25 percent of the workers in the sector. There is a training shortfall.

http://vietnamnews.vn/society/419266/textile-industry-in-the-throes-of-change-brought-by-automation.html#sbTxGqJY6lb6DhbX.97
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Renovated mill creates export quality yarn

News Tags: bed sheets, China, Kerala, manufacturing jeans, State Industries Minister, Thailand, yarn

Kerala
Renovated mill creates export quality yarn
Summary: 
The State Industries Minister of Kerala AC Moideen has recently flagged the first shipment of yarn from the Thiruvananthapuram district which is being exported to China and Thailand for manufacturing jeans and bed sheets.

The State Industries Minister of Kerala AC Moideen has recently flagged the first shipment of yarn from the Thiruvananthapuram district which is being exported to China and Thailand for manufacturing jeans and bed sheets.

The batch has been created in the newly renovated Trivandrum Spinning Mills (TSM) in Balaramapuram in Thiruvananthapuram district of Kerala The mill, equipped with the latest machinery imported from Germany, China and the Czech Republic, has increased its capacity to 360 rotors.

https://india.breakingnow.co/newindianexpress/with-its-yarn-this-mill-eyes-a-few-yuan/
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T.T Ltd plans to establish T.T. Bazaar stores, to penetrate markets

News Tags: brand focus consumers, cotton, covers entire spectrum of Indian textile sector, establish T.T. Bazaar stores, fabric, flagship company of T.T. Group, founded by Dr Rikhab Chand Jain, garments and accessories, middle class, penetrate markets, T.T. Ltd, yarn

New Delhi
T.T Ltd plans to establish T.T. Bazaar stores, to penetrate markets
Summary: 
T.T. Ltd, a flagship company of the 65-year-old T.T. Group, founded by Dr Rikhab Chand Jain which covers the entire spectrum of the Indian textile sector – cotton, yarn, fabric, garments and accessories. They are a fully vertically integrated concern and self-contained textile producer, and garment manufacturer which allows them to deliver consistent quality at reasonable prices is now actively looking at establishing T.T. Bazaar stores to penetrate markets with their complete range, eyeing Rs1000 crore revenue in the next fiscal reveals MD, T.T. Ltd, Sanjay K Jain.

T.T. Ltd, a flagship company of the 65-year-old T.T. Group, founded by Dr Rikhab Chand Jain which covers the entire spectrum of the Indian textile sector – cotton, yarn, fabric, garments and accessories. They are a fully vertically integrated concern and self-contained textile producer, and garment manufacturer which allows them to deliver consistent quality at reasonable prices is now actively looking at establishing T.T. Bazaar stores to penetrate markets with their complete range, eyeing Rs1000 crore revenue in the next fiscal reveals MD, T.T. Ltd, Sanjay K Jain.

http://www.indiaretailing.com/2017/09/08/fashion/t-t-ltd-to-establish-t-t-bazaar-stores-eyes-rs-1000-crore-revenue-in-next-fiscal/
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Cotton buying firm during trading session

News Tags: buyers bought all qualities of lint, cotton trading remained firm, growing demand of garments, high prices to the buyers, Karachi Cotton Association, leading ginners, offered by ginners, offered few stocks, sensing future demand of quality lint, slightly higher prices, spinners bought quality cotton, steady spot rate, trading session, yarn

Karachi
Cotton buying firm during trading session
Summary: 
During the trading session, buyers bought all qualities of lint offered by the ginners, leading ginners sensing future demand of quality lint offered few stocks on high prices to the buyers. While, spinners bought quality cotton on slightly higher prices during the session.

During the trading session, buyers bought all qualities of lint offered by the ginners, leading ginners sensing future demand of quality lint offered few stocks on high prices to the buyers. While, spinners bought quality cotton on slightly higher prices during the session.

The cotton trading remained firm amid steady spot rate and around 1,500 bales changed hands.

Ghulam Rabbani, a senior trader said that the buyers were accepting a bit higher prices as the leading millers bought around 900 bales at Rs around 6,575 per maund during the session.

http://dailytimes.com.pk/business/18-Aug-17/cotton-buying-remains-firm-amid-steady-spot-rate
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Demand for reduction of GST rate on MMF and yarn

News Tags: accumulation of excess credit, affect independent weaving, become a blocked credit, eighteen percent rate on yarn, increase fabric cost, MMF, reduction of GST rate on manmade fiber, refund to be permitted for fabric manuafacturers, spinning units, Textile mills, to twelve percent, yarn

Coimbatore
Demand for reduction of GST rate on MMF and yarn
Summary: 
Textile mills demand reduction of GST rate on manmade fiber (MMF) and yarn to 12 percent from 18 percent and refund should be permitted for fabric manuafacturers.

Textile mills demand reduction of GST rate on manmade fiber (MMF) and yarn to 12 percent from 18 percent and refund should be permitted for fabric manuafacturers.

According to Prabhu Dhamodharan, secretary of Indian Texpreneurs Federation, about 430 mills have recently sent their appeal to the Prime Minister’s Office in this regard.

While the rate for fabric is 5 percent that for yarn and fibre is 18 percent. Fabric manufacturers do not have the provision of refund and hence, this would become a “blocked credit”.

http://www.thehindu.com/news/cities/Coimbatore/textile-mills-seek-reduction-of-duty-for-mmf/article19098103.ece
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INTEXPO an Indian Textile Exhibition to be held in Ethiopia

News Tags: display wide range of handmade textile products, dress material fabric, exclusive exhibition for hand-made textile products, exhibition part of Indian government Export Promotion Program, Indian artisan, Indian textile exhibition, INTEXPO Ethiopia, made-ups and accessories., organized by SRTEPC, shirting, suiting, yarn

Africa
INTEXPO  an Indian Textile Exhibition to be held in Ethiopia
Summary: 
Indian Textile Exhibition (INTEXPO) Ethiopia, an exclusive exhibition for hand-made textile products of Indian artisan is organized by the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC). The exhibition is part of Indian government Export Promotion Program for the year 2016-17.

Indian Textile Exhibition (INTEXPO) Ethiopia, an exclusive exhibition for hand-made textile products of Indian artisan is organized by the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC). The exhibition is part of Indian government Export Promotion Program for the year 2016-17.

http://www.waltainfo.com/index.php/news/detail/27991
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Export entitlement quota for garments, yarn extended for another one year

News Tags: allotted export entitlements, applicable in respect of countries exports are covered, Canada and European Union, competent registering authorities, effect from beginning of January next year, Export entitlement quota, exporters registered, extended for one year, fabrics and made-ups, FCFS system, Knitwear, readymade garments, US, yarn

New Delhi
Export entitlement quota for garments, yarn extended for another one year
Summary: 
The export entitlement quota for readymade garments & knitwear, yarn and fabrics & made-ups to the US, Canada and European Union extended for one year with effect from 1 January, 2017.

The export entitlement quota for readymade garments & knitwear, yarn and fabrics & made-ups to the US, Canada and European Union extended for one year with effect from 1 January, 2017.

As per a notification issued by Textiles Ministry, it states that the Union Government decides to extend the operation of the residuary provisions of yarn, fabrics & made-ups export entitlement (quota) policy for a further one year with effect from 1 January, 2017,

Similarly, it also extended the operation of the residuary provisions of garments and knitwear.

http://www.freepressjournal.in/business/government-extends-garments-yarn-export-entitlement-quota-for-one-year/983515
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Gujarat gearing up for the Première Edition of ITS in Feb

News Tags: cotton and polyester, distinctive supply chain, fibre, home textiles, knits, ladies wear and dress materials, largest textile sourcing event, Première Edition of the Indian Textile Sourcing exhibition, raw materials to finished products, suiting and shirting fabrics, textile raw materials, textile value chain, yarn

Ahmedabad
Gujarat gearing up for the Première Edition of ITS in Feb
Summary: 
Gandhinagar gearing up for the Première Edition of the Indian Textile Sourcing (ITS) exhibition where the entire range of textile raw materials with distinctive supply chain for cotton and polyester will be put on display. It will be the largest textile sourcing event in South Asia covering raw materials to finished products.

Gandhinagar gearing up for the Première Edition of the Indian Textile Sourcing (ITS) exhibition where the entire range of textile raw materials with distinctive supply chain for cotton and polyester will be put on display. It will be the largest textile sourcing event in South Asia covering raw materials to finished products.

With an exhibition area spreading over three halls, the organizers are expecting more than 350 exhibitors from all over India and overseas for the grand gala.

http://www.fashionatingworld.com/new1-2/item/7370-textile-sourcing-exhibition-at-gandhinagar-in-feb-2017.html
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Texprocil members exhibiting at Yarn Fabric & Accessories Trade Show (YFA) 2016 eligible for 15 % subsidy

News Tags: Fabric & Accessories, yarn, YFA Trade Show

India
Texprocil members exhibiting at Yarn Fabric & Accessories Trade Show (YFA) 2016
Summary: 
The organizers of the Yarn, Fabric & Accessories (YFA) 2016 trade show, have joined hands with Texprocil, the apex body for Indian cotton textiles exporters to offer a 15% subsidy to Texprocil members who want to exhibit at YFA 2016. YFA 2016 will be held from November 23-26, 2016 at NSIC exhibition centre, Okhla, New delhi, India.

The organizers of the Yarn, Fabric & Accessories (YFA) 2016 trade show, have joined hands with Texprocil, the apex body for Indian cotton textiles exporters to offer a 15% subsidy to Texprocil members who want to exhibit at YFA 2016. YFA 2016 will be held from November 23-26, 2016 at NSIC exhibition centre, Okhla, New delhi, India.

www.yfatradeshow.com
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YFA 2016 MSME exhibitors eligible for up to 90% government subsidy

News Tags: Chinese textile exhibitors, denim fabric makers, denim innovations, Fabric & Accessories Trade Show (YFA) 2016, fabric suppliers, fabrics and apparel accessories, fashion shows in India, fibres suppliers, garment accessories makers, Indian textile industry, MSME units in India, National Small Industries Corporation (NSIC), Textile Association of India, textile conferences, textile subsidies, yarn, yarn suppliers

Mumbai
Summary: 
Exhibitors at the second edition of the Yarn, Fabric & Accessories Trade Show (YFA) 2016, which will run from November 23 (Wednesday) to 26 (Saturday), 2016, will now be eligible to subsidies offered by the National Small Industries Corporation

Exhibitors at the second edition of the Yarn, Fabric & Accessories Trade Show (YFA) 2016, which will run from November 23 (Wednesday) to 26 (Saturday), 2016, will now be eligible to subsidies offered by the National Small Industries Corporation (NSIC), a government of India undertaking.

YFA 2016 is now supported by NSIC, and now MSME units who participate in the YFA 2016 exhibition, can claim subsidy under the Marketing Assistance Scheme (MAS) of NSIC of 60-95% under various categories of MAS.

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