News Tags

Related Keywords: affecting industry, get a special logo, get fewer customers, Karnataka holds monopoly, over fluctuation in pure silk thread price, price saris higher, promote Salem silk across the global, pure silk thread business, shop owners reduce orders, silk threads price increase, start an exclusive park in Salem, Weavers express concern

Weavers express concern over fluctuation in pure silk thread price as it is affecting the industry. According to weavers, the shop owners reduce orders when the silk threads price increase as they get fewer customers when they price the saris higher.

But business appears to be normal in silk sari shops at Chinthamaniyur, Semmandapatty and Panchukalipatty villages in Salem district.

Related Keywords: AlgiKnit, based in New York, biomaterials research company, company is taking kelp, compostable yarn, experimenting to develop, fashion, formed into wearable textiles, one of the most polluting industries in the world, readily abundant biopolymers, turning it into bioyarn, woven together to make products

AlgiKnit is a biomaterials research company based in New York experimenting to develop a compostable yarn from readily abundant biopolymers that can be formed into wearable textiles. As fashion is one of the most polluting industries in the world, Alginit's goal is to limit the waste created by textile production , creating textiles made from sustainable materials.

Related Keywords: announced proposal, boost to textile sector in the state, Indian Textiles Minister, Investor’s summit, jointly set up a yarn depot, Smriti Irani, Uttar Pradesh government

Indian textiles minister Smriti Irani at the investor’s summit that concluded in state capital Lucknow on February 22, announced a proposal to jointly set up a yarn depot with the Uttar Pradesh (UP) government to give a further boost to the textile sector in the state, which garnered proposals worth Rs 7,000 crore.

The proposal to set up yarn depot in UP is through which weavers can directly purchase yarn at subsidised rates, as subsidies hardly reached weavers, a top Indian newspaper quoted the minister as telling the summit.

Related Keywords: effort to create better manual accessories, Ethiopian Fair Trade company, global market, Handmade textiles inspired by ancient weaving traditions, linen and wool, linens for the home, produces hand made textiles, range of products in cotton, Sabahar only uses natural fibers, Sabahar Silk Garment Factory, silk, using locally sourced silk and cotton

Sabahar Silk Garment Factory, is an Ethiopian Fair Trade company that produces hand made textiles for the global market makes an effort to create better manual accessories and linens for the home using locally sourced silk and cotton. Handmade textiles inspired by ancient weaving traditions of the nation.
Sabahar only uses natural fibers to create beautiful products. The company now has a range of products in cotton, silk, linen and wool. Both the cotton and silk are entirely local.

Related Keywords: compared to domestic cotton, cost advantage, cotton imports this season, from the U.S. in larger quantities, imported cotton, increasingly prefer to buy cotton, Indian Cotton Federation, slightly lower micronaire, surpass official estimate of 17 lakh bales, Textile mills, trade and industry sources, units could get four to five percent

As textile mills increasingly prefer to buy cotton from the U.S. in larger quantities. According to trade and industry sources, cotton imports this season might surpass the official estimate of 17 lakh bales.

Also, the units could get a 4 to 5% cost advantage, the sources added. Total imports during the last cotton season (2016-2017) were 30.94 lakh bales and the previous year it was 22.79 lakh bales. The total imports this season (October 2017 to September 2018) might cross 20 lakh bales, said Nishanth Asher, a partner with cotton trading firm RS Asher and Company.

Related Keywords: 000 spindles, Alif Industries, as part of efforts, capacity of running 50, company will raise capital, expand its business in the garment sector, knit-based factory, main focus is to develop backward linkage industry, plans to invest Tk 400 crore, produce yarn, readymade garment sector, reduce import dependency, set up a spinning mill

Alif Industries a knit-based factory to produce yarn as part of efforts to reduce import dependency plans to invest Tk 400 crore to expand its business in the garment sector. The main focus is to develop backward linkage industry in the readymade garment sector.

The company will raise the capital to set up a spinning mill with the capacity of running 50,000 spindles and another green plant consisting of 25 production lines to manufacture woven denim.

Related Keywords: buyers kept looking for quality lots, Conditions at cotton market on Thursday, cotton prices rose, demand for cotton yarn, grey fabric rising, KCA, remained steady, spot rate, strong demand for quality lint from spinners, strong demand from textile industry, who strived to build up inventories. shortage of quality lint disappointed many

Conditions at cotton market on Thursday remained steady as buyers kept looking for quality lots and strong demand for quality lint from spinners who strived to build up their inventories. However, shortage of quality lint disappointed many.

With the current cotton season (2017-18) fast nearing its end, some panic was seen among spinners who were still short of cotton stocks.

The issue of shortage is primarily related to small spinners who were unable to import cotton to meet their seasonal demand, brokers said.

Related Keywords: Construction work will kick off from next month, cotton yarn, dyed fabric, equipped with modern textile manufacturing technologies, high-quality fabric for sewing garments, inked agreement, Ministry of Textile Industry of Turkmenistan, ready made garments, set up new textile complex, textile and garment, Turkish company Cotam Enterprises Ltd

Turkish company Cotam Enterprises Ltd. inked an agreement with the Ministry of Textile Industry of Turkmenistan to set up of a new textile complex in the country. Construction work of the complex will kick off from the next month.

The upcoming textile complex is expected to be operational by March 2021. It will be set up in Turkmenistan’s Akhal Velayat (region) and will be equipped with modern textile manufacturing technologies.

Related Keywords: cotton harvesting, Cotton is an important export item, dynamically developing textile industry, ensure promotion of agrotechnical activities, Gurbanguly Berdimuhamedov, highly demanded raw material, organize coordinated cooperation of structures, recently ordered regional administrations, tens of businesses, Turkmen President

Turkmen President Gurbanguly Berdimuhamedov recently ordered regional administrations to organize coordinated cooperation of structures related to the cotton harvesting and ensure promotion of agrotechnical activities.

Cotton is an important export item in Turkmenistan and is a highly demanded raw material for tens of businesses in dynamically developing textile industry.

Cotton Production of Turkmenistan and World Market international fair-exhibition and conference is annually held in Ashgabat.

Related Keywords: acquired a majority stake, acquisitive Chinese group, Chinese conglomerate seeks to build up, deepen its root in this sector., Fosun International Ltd, France’s oldest fashion house, Lanvin, mandate to invest in the fashion, part of the transaction, portfolio of fashion businesses, Price for the deal not disclosed, retail industry

Fosun International Ltd has acquired a majority stake in Lanvin, France’s oldest fashion house as the Chinese conglomerate seeks to build up their portfolio of fashion businesses.

Founded in 1889, Jeanne Lanvin SAS is France’s oldest fashion house in continuous operation. Taiwanese publishing magnate Shaw-Lan Wang acquired Lanvin in 2001 and expanded it into a global brand under the leadership of designer Alber Elbaz.