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Bangladesh plans to increase apparels exports mark to USD50 bn by 2021

Related Keywords: Bangladesh plans to double its apparel export, currently stands at USD 28 billion, expanding its global markets, increase export amount by adding value, reach a high ambition mark, USD 50-billion by 2021

Bangladesh plans to double its apparel export to reach a high ambition mark of USD 50-billion by 2021 which currently stands at USD 28 billion by expanding its global markets. It is going to be a difficult task but the only way to increase the export amount is by adding value to the apparel.

The set target to increase apparel exports is in line with the government's Vision 2021, which is centred around a goal for the country to attain the middle-income country status by that year when the nation celebrates the golden jubilee of its independence.

American wool exports rebounds strongly by 24 pc in market year 2017

Related Keywords: American Sheep Industry Association, American wool exports, bring foreign wool companies to US, cooperates with U.S. Department of Agriculture, Foreign Agricultural Service program, greasy wool exports, other countries, rebounded strongly with 24 percent, this market year, vital in expansion of American wool exports

The American Sheep Industry Association cooperates with the U.S. Department of Agriculture’s Foreign Agricultural Service program. The FAS program’s has been vital in the expansion of American wool exports to other countries. With this matching fund program, ASI is allocated approximately $1 million each year and it has been key to bringing foreign wool companies to the United States, as well, as other promotional programs to export American wool, said ASI Wool Marketing Director Rita Samuelson.

Jump in cotton price over rupee depreciation

Related Keywords: coming days rupee depreciation increased, commodity’s import cost, depressed buying activity, likely to see an upward trend, local cotton market, prices of cotton, uncertainty in cotton market

The local cotton market likely to see an upward trend in prices of cotton in the coming days as rupee depreciation increased the commodity’s import cost, an industry official said on Wednesday. The uncertainty in cotton market has depressed buying activity.

With jump of Rs200/maund, the price of cotton reached the record level of Rs7,300 per maund, which is the highest in the current season, the official said.

Jump in cotton price over rupee depreciation

Related Keywords: coming days rupee depreciation increased, commodity’s import cost, depressed buying activity, likely to see an upward trend, local cotton market, prices of cotton, uncertainty in cotton market

The local cotton market likely to see an upward trend in prices of cotton in the coming days as rupee depreciation increased the commodity’s import cost, an industry official said on Wednesday. The uncertainty in cotton market has depressed buying activity.

With jump of Rs200/maund, the price of cotton reached the record level of Rs7,300 per maund, which is the highest in the current season, the official said.

Cotton USA to present innovation in technology and cotton at Heimtextil

Related Keywords: consumer studies, cotton, Cotton USA, findings of current market, global trade fair for home and contract textile, Heimtextil, help drive sales growth, highlight US cotton’s sustainability, ongoing sourcing programmes, present five new innovative home textile technologies, quality, showcase innovation in technology, transparency and premium value

Cotton USA is all set to showcase innovation in technology and cotton at Heimtextil a global trade fair for home and contract textile. Cotton USA will be showcasing five new innovative home textile technologies that could help drive sales growth and it will highlight US cotton’s sustainability, quality, transparency and premium value, as well as the findings of current market and consumer studies and its ongoing sourcing programmes.

Assam to hold first global investors summit in February

Related Keywords: ASEAN and South East Asian countries, Assam will host, domestic investors, first global investors summit, focus sectors, growing economies, handloom and handicrafts, including textile, opportunities and geostrategic advantages, services, showcase manufacturing prowess, terms of export oriented manufacturing

Assam will host its first global investors summit to showcase its manufacturing prowess and the opportunities and geostrategic advantages offered in terms of export oriented manufacturing and services to growing economies like ASEAN and South East Asian countries and domestic investors, said chief minister Sarbananda Sonowal.

Industrialists Ratan Tata and Mukesh Ambani will be amongst those participating in the 'Advantage Assam: Global Investors Summit 2018', which will be inaugurated by Prime Minister Narendra Modi.

Teijin Frontier to open R&D center for fibres, polyester fibres in Thailand

Related Keywords: at the Thailand Science Park, cost-competitive products, develop high-performance, fibres and polyester fibres, high-quality, National Science and Technology Development Agency, open a research and development center, technology hub, Teijin Frontier Co, Teijin Group’s fibre-product converting firm, TFTIL

Teijin Frontier Co., Ltd., the Teijin Group’s fibre-product converting firm all set to open a research and development (R&D) center Teijin Frontier Thai Innovation Laboratory (TFTIL) for fibres and polyester fibres . It will be located in the Thailand Science Park, a technology hub that the National Science and Technology Development Agency (NSTDA) will open in January 2018.

Odisha state to promote use of natural fibre at Toshali National Crafts fair

Related Keywords: annual Toshali National Crafts Mela, career opportunities, Government educational institutions, Janta Maidan in the city, kick start from December 15, making handloom and handicrafts, Odisha state government, open their own kiosks, promote use of natural fibre, scope of fashion, textile education, theme pavilion conceptualised on nature

The Odisha state government at the annual Toshali National Crafts Mela this year which will kick start from December 15 at the Janta Maidan in the city will be promoting use of natural fibre while making handloom and handicrafts.

A theme pavilion has been conceptualised on nature. The theme pavilion is erected centrally, which will depict various forms of natural fibres, used in the state in making crafts and fabrics.

India’s cotton output estimated at 377 lakh bales in 2017-18

Related Keywords: 377 lakh bales each of 170kgs, as bollworm caused damage in some regions, Cotton Advisory Board, cotton cultivation gone up 19 percent, cotton output of India, estimated to rise 9 percent, lower production in Maharashtra and Madhya Pradesh, mill consumption estimated to be higher, Textile Industry

India’s cotton output estimated to rise 9 percent to 377 lakh bales (of 170kgs each) in 2017/18 but won’t be the record high as per the Cotton Advisory Board (CAB) as bollworm had caused damage in some regions and despite lower production in Maharashtra and Madhya Pradesh.

The output in the northern region is expected to increase 28 per cent to 59 lakh bales (46 lb) on the back of a bumper crop in Rajasthan and Punjab, which is pegged at 22 lb (16 lb) and 12 lb (9 lb).

Jharkhand state khadi board to have solar charkhas at its training centres

Related Keywords: Amda village in Seraikela-Kharsawan district, facilitate better returns, have solar charkhas to spin yarn, Jharkhand State Khadi Board, less tiresome for weavers, set up a Green Khadi Park, solar charkhas to make spinning easy, starting with one in the capital, training centres

Jharkhand State Khadi Board, which has set up a Green Khadi Park at Amda village in Seraikela-Kharsawan district, will now have solar charkhas to spin yarn at its training centres, starting with the one in the capital.

The idea of solar charkhas will make spinning easy and less tiresome for weavers who are mostly women. The government wants to facilitate better returns for weavers... more than what they earned with charkhas spun with the hand, said khadi board adviser S.D. Singh.

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