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Related Keywords: accessories from China, China is one of Vietnam’s, China is one of Vietnam’s top five textile export markets, remains to be a big importer, rising to China in a promising sign, textile feedstock, top five textile export markets, Vietnam Textile & Apparel Association, Vietnam textile exports

Vietnam’s rising textile exports to China is a promising sign, although it remains to be a big importer of textile feedstock and accessories from China. China is one of Vietnam’s top five textile export markets, China is one of Vietnam’s top five textile export markets.

Vietnam’s textile and garment exports were worth $31 billion last year.

Vietnam often imports raw materials also from South Korea and Taiwan. South Korean products cost a fourth of Chinese products while Taiwanese products cost a fifth.

Related Keywords: based on annual turnover, classified under micro, made on plant and machinery, MSMEs, not investments, Small and Medium enterprises, Textile manufacturing units, Tirupur knitwear cluster

Textile manufacturing units in Tirupur knitwear cluster to get classified under micro, small and medium enterprises (MSMEs) based on the annual turnover, and not on the investments made on plant and machinery.

As per the new classification, the units with annual turnover less than Rs. 5 crore would be termed ‘micro enterprise’, the units with annual turnover of more than Rs. 5 crore and less than Rs. 75 crore would be put under ‘small enterprise’ category, and the units with turnover between Rs. 75 crore and Rs. 250 crore would be classified as ‘medium enterprise’.

Related Keywords: by Beijing Textile Machinery, CEMATEX, China Exhibition Centre Group Corporation, CITME 2018, ITMA Asia, Japan Textile Machinery Association

The joint owners of the ITMA ASIA + CITME 2018 exhibition have announced new dates for the sixth combined showcase to be held at the National Exhibition and Convention Centre, Shanghai this October. The new dates are from 15 to 19 October 2018.

Related Keywords: absence of buying interest, came under pressure and moved lowered, decline in cotton prices, falling cotton prices, Ginners, KCA, local spinners, phutti (seed cotton), spot rate

The absence of buying interest from local spinners witnessed further decline in cotton prices on Thursday. Due to falling cotton prices, phutti (seed cotton) also came under pressure and moved lowered.

Ginners are perturbed by the situation as they are still holding substantial quantity of unsold cotton. Barring a few needy spinners who replenished their stocks, the market otherwise remained devoid of activity.

A large number of looms are reported to have shutdown in Faisalabad owing to the flooding of grey cloth coming from India and China via Dubai.

Related Keywords: collections, display of latest innovations, fortyforth edition, Germany leading international textile trade show, innovative sustainable materials, international fabrics and accessories suppliers, lured textile and fashion industry, more than 1800 collections, Munich Fabric Start, new technologies, set another new milestone, special dyeing

Germany’s leading international textile trade show, Munich Fabric Start, 44th edition which was held from January 30 to February 1, 2018, set another new milestone with its display of latest innovations and collections. More than 1800 collections from international fabrics and accessories suppliers lured the textile and fashion industry to the expo.

New technologies, innovative sustainable materials, special dyeing and finishing processes, shine, colour, and prints were presented at the trade show.

Related Keywords: Australian wool auction markets, by close of selling, Crossbreds, merino wool types on offer, sales accelerated significantly, some individual lots advancing 150 to 200ac, verging on a full 100ac clean/kg dearer, week ending February 9, witness return of a positive trend

The Australian wool auction markets week ending February 9 witness return of a positive trend as sales accelerated significantly with most merino wool types on offer verging on a full 100ac clean/kg dearer by the close of selling, with some individual lots advancing 150 to 200ac. Crossbreds were by no means neglected either, as these wools all headed 50 to 70 ac higher.

Related Keywords: attending inauguration ceremony, Bangladesh State Minister for Finance MA Mannan, boost textile industry, BTMA, business community, Dhaka International Textile and Garments Machinery Exhibition, help government achieve goals, infrastructure support, Textile is the mother of industries

Bangladesh State Minister for Finance MA Mannan, attending the inauguration ceremony of the 15th Dhaka International Textile and Garments Machinery Exhibition, being held at the capital’s Bangabandhu International Conference Center as the chief guest said the Textile is the mother of industries and that the government will do everything possible to boost the country’s textile industry. The state minister also urged for assistance from the business community to help the government achieve these goals.

Related Keywords: attain self sufficiency, automatic looms, boost fibre production, Coir sector, create more jobs, Kerala finance minister, meet needs, reviival package, second restructuring of the coir industry, semi-automatic looms, state budget, state imports fibre from other states, transform the cooperative societies into modern factories

Kerala finance minister TM Thomas Isaac in the state budget announced revival package for the coir sector will boost coconut fibre production, create more jobs and help in attaining self sufficiency. In his budget speech conveyed government intention of implementing a second restructuring of the coir industry as the state is importing fibre from other states to meet its needs, the schemes announced will boost fibre production and coir.

Related Keywords: around 1 lakh 20000 farmers, Central Sericulture Research and Training Institute, glory of silk trade in India, highest silk-producing districts, initiatives for reviving, involved in sericulture, mulberry sericulture practiced, West Bengal

In West Bengal, there are around 1 lakh 20000 farmers involved in sericulture covering 24,000 hectares of land in 29,000 villages of 17 districts where mulberry sericulture is practiced. Murshidabad, Malda, Birbhum, Nadia and Midnapore are the highest silk-producing districts in Bengal where the stakeholders are mainly marginal and semimarginal farmers, said Governor Keshari Nath Tripathi on the occasion of the plantinum jubilee of Central Sericulture Research and Training Institute (CSRTI) at Behrampore a premiere research institute of India.

Related Keywords: downward trend, influenced by world cotton market, Karachi Cotton Association, kept cotton prices under pressure, lack of buying interest, local textile industry, lower level, market remained devoid of much needed activity, revival of buying interest, second consecutive day on Wednesday, spot rate

The lack of buying interest from local textile industry influenced by world cotton markets’ downward trend, kept cotton prices under pressure for the second consecutive day on Wednesday. Although there was a revival of buying interest at the lower level yet the market remained devoid of much-needed activity.