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Related Keywords: cotton corporation of India, cotton farmers, introduction to online payment mechanism, paid Rs. 556 crore for produce, sofeware introduced at collection center, Telangana Governmen, this season has made a mark

Telangana Governmen’s introduction to online payment mechanism for cotton farmers this season has made a mark. So far, the Cotton Corporation of India has paid Rs. 556 crore for the produce bought from farmers in the State.

The software introduced by the market department at the collection centres urged the farmers to register their names, providing their banking account details and personal identities.

Related Keywords: amid steady physical prices, Buyers made deals for better, cotton bales, Depleting stocks, focus on better grades of lint, KCE, kept quality conscious buyers, on front foot, premium prices, second grade of cotton, secondary buyers, Spinners, spot rate, trading at lint market

Depleting stocks kept quality conscious buyers on front foot with focus on better grades of lint amid steady physical prices during trading at lint market. Buyers made deals for better and second grade of cotton on premium prices at around Rs 6,725-Rs 6,675 per maund.

Demand for better grades of lint would likely keep sellers in the driving seat until the arrival of 100,000 cotton bales imported. Sellers were steadfast in negotiating on their asking prices on the back of shrinking quality during trading session at major stations of Punjab and Sindh.

Related Keywords: begins today in Yangon, international exhibition, MTG, Myanmar, Myanmar International textile and garment industry exhibition, organized by Yorkers Trade & Marketing Service Co Ltd, related to textile and garment industry, Sixth edition, with Myanmar Garment Manufacturers Association, YORKERS

The sixth edition of Myanmar International Textile and Garment Industry Exhibition (MTG) an international exhibition which is related to textile and garment industry begins today the December 8, 2017 in Yangon, Myanmar. The show is being organised by Yorkers Trade & Marketing Service Co., Ltd. (YORKERS) along with Myanmar Garment Manufacturers Association (MGMA).

The four day event will present solutions for the textile and garment manufacturing chains. There will be a display of advanced machines by renowned international brands like Tajima, Cixing, Viet and Mimaki.

Related Keywords: already facing serious blow of non viability, comparative disadvantage, cripple textile industry, hamper the export pace, high cost of doing business, high priced RLNG supply, Pakistan textile exporters association, production costs in the region, Punjab based textile industry, switching of system gas

Punjab based textile industry is already facing a serious blow of non-viability due to high cost of doing business. Moreover switching of system gas to high priced RLNG supply would serve to cripple the textile industry which is presently at a comparative disadvantage in respect of production costs in the region.

Related Keywords: developed revolutionary plant free viscose-rayon fibre product, innovative Australian company, intensive purification process, Nanollose, new development aims to offer, rayon production, source the cellulose required, such as viscose-rayon, sustainable alternative for plant-based fibres

Nanollose, an innovative Australian company has developed a revolutionary plant-free viscose-rayon fibre product , which are commonly used but are said to have significant environmental impacts. The company with its new development aims to offer a sustainable alternative for plant-based fibres such as viscose-rayon.

Related Keywords: AEPC, Apparel Export Promotion Council, apparels export relatively low, boost apparel export from Gujarat, bring in required international exposure, opportunities for the industry. Gujarat is the highest cotton producing state, set up office in Ahmedabad

Apparel Export Promotion Council (AEPC) plans to set up office in Ahmedabad to boost apparel export from Gujarat and also bring in the required international exposure and opportunities for the industry.

As Gujarat is the highest cotton producing state and has a burgeoning textile industry but the exports from the state, especially those for apparels are relatively low.

The council's office which will be operating out of Gujarat Chamber of Commerce and Industries (GCCI) will begin operations in the city by the end of December this year.

Related Keywords: 000 bales of cotton changed hands, active buying by mills, cotton bales, Cotton market, Cotton rates move up modestly, Karachi cotton exchange, official spot rate remained unchanged, over 20, ready session, trading process

Cotton rates to move up modestly on the cotton market on Wednesday during the trading process with active buying by mills, dealers said. The official spot rate remained unchanged at Rs 6,600. In ready session, over 20,000 bales of cotton changed hands between Rs 6250-7000.

While, in Sindh, seed cotton prices were same at Rs 2700-3200, in the Punjab, rates also held the overnight levels at Rs 2700-3300, as per 40 kg.

Related Keywords: EU consist of textile and clothing, European Union, Group of Italian Senators, GSP Plus status, Italian textile industry hit hard, not to support Pakistan’s attempts, Pakistan exports, renew its Generalised System of Preferences, urged Minister the Foreign Affairs and International Cooperation and Economic Development

A group of Italian Senators have urged their Minister the Foreign Affairs and International Cooperation and Economic Development not to support Pakistan’s attempts to renew its Generalised System of Preferences (GSP) plus status given to Pakistan in the European Union.

European Union (EU) granted GSP Plus status to Pakistan in 2013, which made Pakistani products duty-free in the European market.

Related Keywords: announced a slew of new measures, boost trade facilitation, ease of doing business, FTP 2015-20, Indian government, leverage long term advantages of GST, mid-term review of Foreign Trade Policy, terms of reduced compliance and logistic costs, Union Commerce and Industry Minister

The Indian government in its mid-term review of Foreign Trade Policy (FTP) 2015-20 has announced a slew of new measures will be boost trade facilitation and ease of doing business. Union Commerce and Industry Minister Suresh Prabhu said that mid-term review of FTP will leverage the long term advantages of GST in terms of reduced compliance and logistics costs.

Also the MEIS incentives for two sub-sectors of textiles - ready-made garments and made-ups - have already been increased to 4 per cent from 2 percent, with an additional annual incentive of Rs 2,743 crore.

Related Keywords: currently under stress, Denim manufacturers in India, DMA, enhance DBK rates, extending benefits under various schemes, Focus product, increase support, Indian denim fabric manufacturing industry, led by Denim Manufacturers Association, market, MEIS, ROSL, sunrise industry in the entire textile value chain of India, urged Central government

Indian denim fabric manufacturing industry a the sunrise industry in the entire textile value chain of India is currently under stress. To bring the industry out of this situation the Denim manufacturers in India, led by the New Delhi based Denim Manufacturers Association (DMA), have urged the Central government to immediately announce increased support in the form of some enhancement in present duty drawback rates and extending some more benefits under various schemes such as ROSL, MEIS, Focus Product, Focus Market, etc which will enable them to tap the potential of export market.