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TIFAC identifies textile sector to prioritize technologies

Related Keywords: bring down emission levels by using better technology, identified 10 sectors, identified about 30 areas in textile, India to reduce emission, industry to prioritize, Paris agreement on climate change, Technology Information Forecasting and Assessment Council, technology prioritization techniques, textile is one among the sectors, TIFAC

The Technology Information Forecasting and Assessment Council (TIFAC) have identified 10 sectors, textile is one among the sectors to bring down emission levels by using better technology. In textiles, they have identified about 30 areas and have asked the industry to prioritize (technology prioritization techniques) these.

HTEC demands inclusion of exporters in CBE initiative of facilitating funds

Related Keywords: benefit from the CBE initiative, demanded a mechanism, Egyptian home textile sector, Egypt’s Home Textiles Export Council, enable exporters of home textiles, facilitating funds, facing tough competition, HTEC, needs the Central Bank of Egypt’s initiative, products from East Asian nations

The Egyptian home textile sector is facing tough competition with products from East Asian nations and needs the Central Bank of Egypt’s (CBE) initiative of facilitating funds. Egypt’s Home Textiles Export Council (HTEC) has demanded a mechanism to enable exporters of home textiles to benefit from the CBE initiative for the industrial sector. The organization to meet CBE governor Tarek Amer in this regard.

In January 2016, President Abdel Fatah al-Sisi announced injection of LE 200 billion to support small and medium enterprises (SMEs).

Higher demand impact prices at lint market

Related Keywords: bought better grades of lint, Buyers anticipating shrinking of better grades, Cotton trading slowed down, during trading session, factor that impact prices of cotton, grade related demand remained on higher side, increase in prices, Increasing trend in dollar, Karachi cotton exchange, leading stations of Punjab and Sindh, spot rate increased

Buyers anticipating shrinking of better grades and increase in prices, bought better grades of lint in during trading session at leading stations of Punjab and Sindh. Increasing trend in dollar is also a factor that has impact prices of cotton while grade related demand remained on higher side.

Buyers also made forward deals for a month delivery period in order to fortify their inventories during trading session at Punjab and Sindh stations.

Vietnam textile industry facing challenges brought by automation

Related Keywords: 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

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.

RIL to launch extended range of Recron FS at Heimtextil Frankfurt

Related Keywords: diverse features and applications, fire retardant textile solution, four day international trade fair, Heimtextil Frankfurt, launching extended range of Recron FS, produce permanently flame retardant polyester, Reliance Industries Ltd, Textile Industry, use of recycled polyester as a feedstock, used a new technology

Heimtextil Frankfurt, the four day international trade fair holding a leading position in the textile industry beginning from January 9, 2018 will see Reliance Industries Ltd (RIL) launching an extended range of Recron FS, a fire-retardant textile solution with diverse features and applications.

Mozambique partners with BCI to revitalize its cotton sector

Related Keywords: achieve ambitious goal, become first country in the world, Better Cotton Initiative, Cotton a major contributor, main source of income, many rural communities in African country, Mozambique agricultural exports, Mozambique government partnered, produce 100 percent Better Cotton, revitalize cotton industry

Cotton is said to be still a major contributor to Mozambique’s agricultural exports and is a main source of income for many rural communities in the African country. The Mozambique government has partnered with the Better Cotton Initiative to revitalize its cotton industry to achieve its ambitious goal to become the first country in the world to produce 100 percent ‘Better Cotton’.

Power loom sector hit hard with the increasing yarn prices

Related Keywords: after-effects of implementation of GST, destabilized sector, increasing nylon and polyester yarn prices, Pandesara Weavers Cooperative Society, power loom sector, production of grey fabrics decreased, rally of yarn prices since September, reduced GST on yarn from 18 percent to 12 percent, weavers are incurring loss, Yarn basic raw material

Yarn is basic raw material for power loom sector and the increasing nylon and polyester yarn prices has destabilized the sector further which is reeling under the after-effects of implementation of Goods and Services Tax (GST), despite the fact that GST Council had reduced GST on yarn from 18 percent to 12 percent. The rally of yarn prices is going on since Septtember., said Pandesara Weavers Cooperative Society president Ashish Gujarati.

Cotton yarn exports sees biggest fall both in volume and value to China

Related Keywords: 105.9 million kgs, between April and September, biggest fall both volume and value terms, China largest importer of yarn, cotton yarn shipments to China, dropped 36.7percent year-on-year in value term, Exports of cotton yarn to China, plunged 31.9 percent, reducing purchases, Union Commerce Ministry

Exports of cotton yarn to China saw the biggest fall in both volume and value terms as China, the largest importer of yarn reducing its purchases. As per the data with the Union Commerce Ministy, cotton yarn shipments to China plunged 31.9% to 105.9 million kgs (mkgs) between April and September. It dropped 36.7% year-on-year (y-o-y) in value terms to $285 million. Cotton yarn exports have advanced by a mere 1.1% y-o-y in value terms to around $1.5 billion during the time frame.

Aptma appeals restoration of 28pc system gas supply to textile mills

Related Keywords: appealed to Prime Minister Shahid Khaqan Abbasi, APTMA leadership, Chief Minister Punjab Shahbaz Sharif, ensuring continuous system gas supply, keep wheels of textile industry operational, mills in Punjab

The APTMA leadership has appealed to Prime Minister Shahid Khaqan Abbasi and Chief Minister Punjab Shahbaz Sharif for ensuring continuous system gas supply to the mills in Punjab to keep wheels of textile industry operational.

Global Fashionology summit on textile industry to take place in Dhaka

Related Keywords: apparel manufacturing, attract wide spectrum of fashion, Bangladesh, bridge gap between present and future, entire ecosystem, fashion industry, garment makers, host Fashionology Summit, innovation stakeholders, international brands, marketing hub, organized by Bangladesh Apparel Exchange, software service providers, technology, Textile

Bangladesh to host its first ever Fashionology Summit in February 2018 organized by Bangladesh Apparel Exchange (BAE) with an aim to attract a wide spectrum of the fashion, technology and innovation stakeholders across the entire ecosystem. The event will help to bridge the gap between the present and the future of the textile and fashion industry.

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