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Related Keywords: Active buying interest, at week-end level, coming weeks as phutti arrival starts to slow down, cotton bales, cotton market on Monday witnessed steady conditions prevailing, helped lint prices stay firm, intermittent buying orders, seen for quality cotton, spinners fear acute shortage of cotton

Active buying interest was seen for quality cotton as spinners fear there would be acute shortage of cotton in coming weeks when phutti arrival starts to slow down. The cotton market on Monday witnessed steady conditions prevailing as intermittent buying orders helped lint prices stay firm at week-end level. However, it was interesting to note that all selling offers were readily picked up by spinners.

Related Keywords: albeit following a more contained rhythm, Association Italian Textile Machinery Manufacturers, confident to close out the year on a positive note, continuing through third quarter of 2017, digitalisation process, extended measures relating to Industry 4.0, Growth for Italian textile machinery market, progressing with positive orders trend

Growth for the Italian textile machinery market is progressing, with positive orders trend continuing through to the third quarter of 2017 making them confident that they will close out the year on a positive note albeit following a more contained rhythm.

The Association Italian Textile Machinery Manufacturers (ACIMIT) president Alessandro Zucchi said that the extended measures relating to Industry 4.0, as envisaged in the upcoming Financial Budget Law will serve to keep this thrust going towards the digitalisation process necessary for the entire Italian textile sector.

Related Keywords: dyeing and weaving factory, foreign direct investment projects, foreign investors expanding existing projects, likely to exceed the target, many large scale new, poured around $2 billion worth investment, textile and garment sector, textile and garment exports, this year as three years ago, USD 30 billion, Vietnam not witnessed, Vitas

Vietnam has not witnessed many large-scale new foreign direct investment (FDI) projects in its textile and garment sector this year as was seen three years ago. However, foreign investors are seen expanding their existing projects, pouring around $2 billion worth investment into this sector this year to date, as a result Vietnam’s textile and garment exports turnover in 2017 likely to exceed the target of $30 billion, according to the Vietnam Textile & Apparel Association (VITAS). The turnover was $17 billion in the first seven months of this year.

Related Keywords: business to be owned, company that can create, employees, enable business to thrive, entered into a definitive agreement, greatest value for customers, Invista apparel business, knowledge and capability, portfolio, sell Invista Apparel & Advanced Textiles, Shandong Ruyi Investment Holding, stockholders, strategic and valued part, succeed

Invista’s apparel business has always been a strategic and valued part of their portfolio and they want this business to be owned by the company that can create the greatest value for customers, employees and stockholders. In this case, they believe that Shandong Ruyi Investment Holding has the knowledge and capability that will enable this business to thrive the most and succeed over the long term, said Jeff Gentry, Invista chairman and CEO.

Related Keywords: Exhibition Layout Plan, Exhibitor Lists, ITM 2018 Exhibition, Teknik Fairs, textile machineries, Tuyap Fair

Thanks to the app, attracting attention with its design, functionality and multi-language support, the participants and visitors will able to carry all the exhibition in their pockets!

The mobile application of ITM 2018 Exhibition, the most important organization of its region in the field of textile machineries sector, has been released.

Related Keywords: at 13th International Uzbek Cotton and Textile Fair, companies from Russia, export of finished, grows about 3.5 million tons, many other countries, Moldova, more than $1 billion, produces 1.1 million tons of cotton fiber annually, raw cotton, semi-finished textile products, Singapore, South Korea, Turkey, Uzbekistan signed contracts

Uzbekistan the world’s sixth largest cotton producer has signed contracts with companies from Russia, Turkey, South Korea, Singapore, Moldova and many other countries for the export of finished and semi-finished textile products for more than $1 billion during the recent 13th International Uzbek Cotton and Textile Fair held in Tashkent.

Related Keywords: Assam State Textile and Handloom Industry Department, collaboration with Sivasagar district administration, Desangmukh Gaon Panchayat, granted a sum of Rs 1.50 lakh, ideal handloom industrial hub, reflect traditional culture, registered weavers, remote village, selected Ligiribari village, Sivasagar Development Block, weave clothes

The Assam State Textile and Handloom Industry Department in collaboration with Sivasagar district administration has selected Ligiribari village under Desangmukh Gaon Panchayat of Sivasagar Development Block, to make a remote village of the district as an ideal handloom industrial hub, the Sivasagar Deputy Commissioner N. Konwar revealed this during an interaction session held on Saturday.

Related Keywords: around 22 delegates from UAE confirmed, attending event, both private and public sectors, Commercial counselor, Consulate General of Pakistan in Dubai, delegates from textile and services industries, delegates from UAE, Dr Nasir Khan, Expo Pakista, held next month in Karachi, Pakistan Business Council, target is to take 40 to 50 delegates

Expo Pakistan to be held next month in Karachi, delegates from UAE from both private and public sectors will be attending the event. Commercial counselor at the Consulate-General of Pakistan in Dubai Dr Nasir Khan said that around 22 delegates from UAE have confirmed with them for participation. However, their target is to take 40 to 50 delegates to Karachi for the expo.

UAE delegates from textile and services industries, will be attending the event. Even some officials from government, textile malls and the Ras Al Khaimah free zone are going to participate.

Related Keywords: annual sale value worldwide, brands globally valued and esteemed, Ethiopian Investment Commission, Ethiopias competitiveness, fashion consumers, fashion industry, global apparel giants like PVH, H&M, industry has a three trillion dollar, markets, revolutionizing, shaped by a number of factors, textile and apparel business, Vanity Fair, Zara

Ethiopia’s competitiveness of the fashion industry is shaped by a number of factors, one of it,is brands that are globally valued and esteemed among other factors. The industry has a three trillion dollar annual sale value worldwide as the global apparel giants like PVH, H&M, Vanity Fair, Zara, among others, are taking part in revolutionizing Ethiopia's textile and apparel business, said Fitsum Arega, Commissioner of Ethiopian Investment Commission.

Related Keywords: After implementation of GST, cheaper imports, CITI, effective from October 27, from 10 percent to 20 percent, from countries like China, Global Textile Hub, Government of India, imported polyester fabrics, increased basic Customs duty, significant drop in import duty, SIMA, threatened domestic manufacturing industry

After implementation of the GST, there was a significant drop in the import duty that threatened the survival of the domestic manufacturing industry due to cheaper imports from countries like China. The government of India has increased the basic Customs duty on imported polyester fabrics from 10 percent to 20 percent with effect from October 27, 2017.