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Related Keywords: contracts will be concluded directly, contractual basis, dehkan farms and landowners, organized in such a way, price for raw cotton will be established, procurement process, promote efficient and rational use of land, start working in autumn 2018, thirteen new cotton-textile production enterprises, Uzbekistan, water and other resources

Uzbekistan will have thirteen new cotton-textile production enterprises start working in autumn 2018. At the new production facilities, the procurement process will be organized in such a way that contracts will be concluded directly with dehkan farms and landowners.

Until now the mechanism for purchasing raw materials from the “first-hand” was not available.
According to the Uzbek Ministry of Finance, the price for raw cotton will be established on a contractual basis grounded on the costs of the producer, but they cannot be lower than the state wholesale price.

Related Keywords: 163.85 crore from Rs 1, 555 crore in this FY, apparel and garment manufacturing centres, apparel sector, Budget allocation, help boost textile export, raised to Rs 2, Remission of State Levies, ROSL scheme, Smriti Irani, Textile Minister, TUFS also increased

The Budget allocation for remission of state levies (ROSL) scheme has been raised to Rs 2,163.85 crore from Rs 1,555 crore in 2017-18, initiatives like 39 percent increase would help boost textile export, said Textile Minister Smriti Irani.

Allocations under the technology upgradation fund scheme (TUFS) have also been increased by 15 percent in the Budget.

Irani said that the Rs 6,000-crore package announced for apparel sector last year, and 39 percent increase in ROSL would help push the exports.

Related Keywords: barring a few small and needy spinners, cotton market on Tuesday, cotton yarn, dull trading, KCA, KCE, Poor demand for lint. leading spinners, spot rate, trading activity slow and restricted, trading ring gave a deserted look

Due to poor demand for lint from leading spinners. Barring a few small and needy spinners, the trading ring gave a deserted look which keep trading activity slow and restricted at the cotton market on Tuesday.

Sluggish off-take of yarn locally and falling world cotton prices continued to depress lint rates. Leading spinners already having long positions were conspicuous by their absence.

At the Karachi Cotton Association (KCA) spot rates were firm at overnight level of Rs7,000 per maund.

Related Keywords: boost the state’s textile sector, encourage reverse migration of weavers, including the MSMEs, or clusters spread over 50-100 acre each, proposed establishment of small and medium scale textile parks, provide special subsidies and incentives, Telangana State Industrial Infrastructure Corporation, TSIIC, units in these proposed parks

The Telangana State Industrial Infrastructure Corporation (TSIIC) has proposed establishment of small and medium scale textile parks or clusters spread over 50-100 acre each to boost the state’s textile sector including the Micro Small and Medium Enterprises (MSMEs.

The main focus of the parks would be to encourage reverse migration of weavers to their home state.

TSIIC chairman Gyadari Balamallu during an interaction with textile industry management officials said that weavers along with other stakeholders including entrepreneurs in the recent past have migrated to other place.

Related Keywords: Bangladesh government, composite textile mill, dyeing, facilities for production of yarn, finishing, garment making, on 28 acres of land, plans to set up textile village, PPP initiative, project is envisaged, sizing, spinning, Tangail Cotton Mills under Bangladesh Textile Mills Corporation, through public private partnership, washing, weaving

The Bangladesh government plans to set up a textile village through a public private partnership (PPP) initiative on 28 acres of land belonging to Tangail Cotton Mills under Bangladesh Textile Mills Corporation (BTMC).

The cabinet committee on economic affairs recently approved in principle Ramisa's proposal as an unsolicited bidder which the PPP authority scrutinized Ramisa's proposal and it was sent from the cabinet committee on that basis.

Related Keywords: 22 companies of textile, A single country trade exhibition, and other sectors, comprising representatives, explore market, negotiate business deals, Pakistan trade delegation, scheduled by TDAP in Chile in August this year, South American markets restrict market access, textile products to protect the domestic industry

Pakistan to send its trade delegation comprising representatives from 22 companies of textile, and other sectors to Argentina, Chile and Peru from March 5 to 14, 2018, to explore the market and negotiate business deals. A single country trade exhibition is also scheduled by TDAP in Chile in August this year.

Related Keywords: advent of exciting new technology, Bangladesh has to exploit opportunities, define future of Bangladesh apparel industry, fashion industry witnessing, global buyers, moving towards the smart wear, not only change future of business, tech driven products. apparel maker

The fashion industry is witnessing the advent of exciting new technology, which will not only change the future of the business but will also define the future of Bangladesh apparel industry, as the global buyers are moving towards the smart wear and tech driven producturs. As an apparel maker, Bangladesh has to exploit these opportunities, said. Mostafiz Uddin, the managing director of Denim Expert Limited.

Related Keywords: Laundrex, Messe Frankfurt Exhibition GmbH, Texcare, Textile

Texcare – the world’s leading brand for modern textile care marked its entry in India through a dedicated forum on laundry, cleaning and textile rentals organised by Messe Frankfurt India and Virtual Info Systems. The conference that was scheduled on 20 January 2018 at Bombay Exhibition Centre alongside the Laundrex exhibition in Mumbai, successfully brought important decision makers, potential investors and enthusiastic trade professionals together under one roof from leading countries around the world.

Related Keywords: ACIMIT, Association of Italian Textile Machinery Manufacturers, domestic market, growth rate affected both foreign markets, index value stood up, Italian textile machinery, launching purchases of advanced machinery, significant increase in sales orders, support investments

Italian textile machinery sees significant increase in sales orders by 29 percent in the final quarter of 2017 from the domestic market. According to the latest figures released by the Association of Italian Textile Machinery Manufacturers (ACIMIT), the index value stood at 120.9 points (basis: 100 in 2010) for the period from October to December 2017 compared to the same period for the previous year.

Related Keywords: Bangladesh apparel export market, Bangladesh’s export earnings from US saw fall, Exporters Association of Bangladesh, government policy support and incentives, lack of product diversification, losing share in US markets, OTEXA data, price competitiveness, safety improvement, US Department of Commerce’s Office of Textiles and Apparel

Bangladesh’s apparel export market is losing its share in US markets due to price competitiveness and lack of product diversification, according to the US Department of Commerce’s Office of Textiles and Apparel (Otexa) data, Bangladesh’s export earnings from US saw a 4.46% fall to $5.07 billion in 2017, which was $5.30 billion a year ago. Bangladesh’s market share in US apparel market came down to 6.31% from 6.58%.