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Related Keywords: achieve target in 2018, anti dumping, efforts to focus, labour productivity, results of production and business, solution to increase, technology development, textile and garment industry, Vietnam National Garment and Textile Group, Vinatex, world garment industry

Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), speaking at a meeting on reporting Vinatex’s results of production and business in Ha Noi on Tuesday said that to achieve the target of more than 10 percent growth in 2018, the textile and garment industry must make great efforts to focus further on solutions to increase labour productivity also the local textile and garment industry must be careful with the anti-dumping story.

Related Keywords: Business World Magazine, Businessworld, CITI chairman, GOPIO Global Business Award, India’s International Trade, international markets for textile, Managing Director of TT Ltd, Pravasi Sammelan 2018, Sanjay Jain of TT ltd, Textile Industry, textile market

Mr. Sanjay K. Jain, Chairman, Confederation of Indian Textile Industry (CITI) and Managing Director of TT Ltd has been awarded the Prestigious BW Businessworld & GOPIO Global Business Award for “Contribution to India’s International Trade by a Resident Indian”

In China, nylon FDY70D/24F and FDY40D SD prices fell US cents 6 a kg in the third week of December. Nylon DTY 70D/24F prices were down US cents 6 a kg on the week. Monofilament 30D prices were stable while nylon staple fiber 1.5D prices rolled over during the week.

Related Keywords: caprolactum price, nylon chips prices, nylon filament yarn prices, Nylon prices, nylon prices in China

The SE and FE Asian caprolactum markers on the lower end were stable in the third week of December. In China, spot liquid good offers were largely unchanged as compared to last week while solid goods were firm on the week.

Caprolactum prices in Asia were firm despite weakening benzene market during the week. In China, CPL offers were mostly stable that week while plant run rates fell to 81.9%.

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, Nylon prices

Related Keywords: and polyethylene, ethylene, mono-ethylene glycol, petrochemicals, Reliance Industries Limited

Reliance Industries Limited (RIL) completing its multi-billion-dollar expansion of largest operating refinery off-gas cracker (ROGC) world’s largest off-gas cracker facility at its Jamnagar complex. This has also doubled RIL’s ethylene production capacity, which is now close to 4 MMTPA at five of its manufacturing sites. RIL joins the distinguished league of top 5 petrochemical producers globally.

With this, Jamnagar in Gujarat has also become home to the world’s largest operating refinery off-gas cracker, RIL said in a statement.

Related Keywords: archive, Brihanmumbai Municipal Corporation, document, functioning mini-textile mill, Indian megalopolis, Mumbai, museum interactive for the public, proposed structure includes a live, represent Mumbai’s textile legacy, set first textile museum, start construction of textile museum in February

Mumbai, the Indian megalopolis by the Arabian Sea is all set to get its first textile museum to document, archive and represent Mumbai’s textile legacy.
The Brihanmumbai Municipal Corporation (BMA), Mumbai's governing civic body, will start with construction of textile museum in February of this year, more than eight years after the initial proposal was put forward.

Related Keywords: 100 per maund, anticipating prices, cotton bales, creating artificial shortage, Ginners, highest for ongoing season, KCA, move higher in coming days, rates of commodity soaring to Rs8, reap bigger profits, Rising cotton prices continued, shortage of quality lint, spot rates, started to hold back stocks

Rising cotton prices continued with shortage of quality lint unabated on Tuesday, with rates of the commodity soaring to Rs8,100 per maund – the highest for the ongoing season so far. Brokers said that ginners have started to hold back their stocks, anticipating that the prices would move higher in coming days, creating artificial shortage and they would reap even bigger profits.

Related Keywords: current production down, Knitting industry, power looms continue to shut shops, reeling under GST impact, spinning units are finding takers, Surat based textile industry, synthetic textile hub, weaving sector down by fifty percent

The Surat-based textile industry is still reeling under the goods and services tax (GST) impact. The current production is down to 2.5mn meter against 40 mn metres per day in the Rs 500 bn synthetic textile hub of Surat. Similarly in the weaving sector, against a Rs 600-million daily turnover in the pre-GST era, the same is still down by 50 percent.

Related Keywords: AEPC, Apparel Export Promotion Council, Association of National Institute of Fashion Technology, collaboration with 3M, connect with investors as well as mentors, help them achieve efficiency in production, NIFT Alumni, platform for the startups, set up new incubation facility recently inaugurated

The Apparel Export Promotion Council (AEPC) in collaboration with 3M, Association of National Institute of Fashion Technology (NIFT) Alumni set up new incubation facility which was recently inaugurated. The facility will be a platform for the startups to connect with the investors as well as mentors that could help them achieve efficiency in the production.

The centre to act as a launch pad for the startups – Micro, Small and Medium Enterprises (MSMEs), a release from the council informed.

Related Keywords: Arisudana Industries Limited, Arvind Limited, Balavigna Weaving Mills, bamboo fabrics, denim fabrics textiles, embroidery yarn, Everflow Petrofils Ltd., GTN Engineering India Limited, Gupta Exim India Pvt. Ltd., Indigo yarns, K.C. Astir & Co., Kautilya Industries Pvt. Ltd., knitted fabrics, Kudu Knit Fab, Lenzing AG India, mélange yarns, modal fabrics, multifunctional yarns, Nandan Denim Limited, Nataraja Textiles, Nath Brothers Exim International Limited, National Textile Corporation, Nimbark Fashions Limited, RSWM Ltd, Shri Balaji Hosiery Udyog (KnitFab), silk fabrics, Soundararaja Mills Limited, speciality fibres, TexValley, Woven & Knit, YFA 2017

The fibres to accessories trade show; YFA 2017 which was held from November 24‐27, 2017 in New Delhi, was Inaugurated by Mr. H.K.L MAGU, Vice Chairman, AEPC along with Mr. Lalit Thukral, Chairman EAC and NAEC and Mr. S.D. Chaudhary, Chairman, Kautilya Industries Pvt. Ltd. along with all the participants of YFA 2017. A majority of the 105 exhibitors participating at the show also expressed satisfaction with the numbers as well as the quality of the buyers. There was also a Chinese pavilion, in which 24 Chinese exhibitors showcased innovative yarns, fabrics and garment accessories.