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Largest Yarn Expo Autumn ever opens this week with more quality products on offer

Related Keywords: apparel, Eco-Friendly Cotton, fabrics, Green Linen Zone, Messe Frankfurt, nylon, Renewable & Recycled Fibres, Viscose Filament, Yarn Expo Autumn 2017

The long-awaited Yarn Expo Autumn will be held again in Shanghai from 11-13 October, welcoming thousands of industry players who are looking for quality yarn and fibre products from China, Asia and elsewhere. As an effective and highly praised platform for reflecting the latest industry trends and attracting worldwide buyers, Yarn Expo has been growing in popularity every year, with the number of exhibitors increasing to around 493 this edition, up from 319 last year. The exhibition space will also expand by 115%, allowing suppliers to showcase more of their products to visitors.

Latest revision of GST rates welcomed by textile industry

Related Keywords: Advance Authorisation Scheme, embroidery, EPCG, exempting export promotion schemes, GST levy on job work of zari, latest revision in GST rates, payment of GST till March end next year, reduced from 18 percent to 12 percent, slashed to 5 percent from 12 percent, spurt in investment, Tax rates on man-made yarn, Textile Industry

The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12 percent, while slashing GST levy on job work of zari (embroidery) to 5 percent, from the previously agreed upon rate of 12 percent.

Modern silkworm seed breeding unit completed at Mirgund

Related Keywords: at Mirgund in Pattan completed, cocoon auction market, cost of Rs1.15, enhance cocoon productivity, Ghulam Nabi Lone Hanjura, improvemarket facilities in the state, local silk reeling units, Minister for Agriculture, Modern Silkworm Seed Breeding Unit, mulberry plantation, plant inaugurated, quality, silk-worm and raw silk production

The Modern Silkworm Seed Breeding Unit at Mirgund in Pattan with an estimated cost of Rs1.15 has been completed. The plant was inaugurated by Minister for Agriculture, Ghulam Nabi Lone Hanjura. Speaking at the inaugural, the Minister emphasized enhancement of cocoon productivity and quality besides improving market facilities in the state.

Hanjura said that concerted efforts are being made to promote silk industry in the State and special funds are being arranged for silk-worm and raw silk production besides upgradation of infrastructure in the department.

Govt to enter the market if cotton price touch or falls below MSP

Related Keywords: average quality, CCI, Cotton Association of India, cotton corporation of India, cotton price of the fair, fall below minimum support levels, global cotton production to rise. MSP procurement operations, government agencies, ICAC, India looking at bumper cotton crop, prepared to enter the market, prices touch MSP, ruling above MSP

With India looking at a bumper cotton crop, and presently cotton price of the fair and average quality is ruling above MSP, the government agencies are all prepared to enter the market in case prices touch MSP or fall below minimum support levels, said SK Panigrahi, chief general manager, Cotton Corporation of India (CCI).

First edition of Denimsandjeans India witnessed over 1,500 buyers

Related Keywords: buying houses and international buyers, first edition of Denimsandjeans India, focused on trends, garment manufacturers and exporters, including denim brands, Indian denim industry, international denim supply chain, on one platform, retailers, second tier brands, sustainability, technologies, traders, witnessed phenomenal buyers turnout

The first edition of Denimsandjeans India, the international denim supply chain show held at Bangalore that concluded recently witnessed a phenomenal buyers’ turnout over 1,500 at the exhibition as well as during the seminar, said Sandeep Agarwal - founder and CEO of Denimsandjeans.com.

The show brought together all segments of Indian denim industry including denim brands, retailers, traders, second tier brands, garment manufacturers and exporters, buying houses and international buyers, on one platform.

Aim to make Silk Mark a popular benchmark

Related Keywords: 500 tonnes by 2020, 500 tonnes now, 80 percent of total silk production, consumed locally, from about 34, India, largest consumer of silk, meet growing demand, popular benchmark, reach about 38, second largest producer of silk, Silk Mark Expo, steps taken to increase production capacity

India is the second largest producer of silk after China and the largest consumer of silk. About 80 percent of the total silk production is consumed locally. To meet the growing demand, steps have been taken to increase the total silk production capacity which is expected to reach about 38,500 tonnes by 2020 from about 34,500 tonnes now, Puneet Agarwal, Joint Secretary, Union Ministry of Textiles, said at the inauguration of Silk Mark Expo 2017 held in Chennai.

PITF to witness 300 local Including100 international exhibitors this October

Related Keywords: between trade bodies and foreign delegates, confirmed their participation, gateway for Pakistan industries, global markets, high level meetings planned, including 100 international firms, nearly 300 companies, PITF, showcase products, take place this October at Karachi, Textile Industry, upcoming Pakistan International Trade Fair

The upcoming Pakistan International Trade Fair(PITF) 2017 to take place this October at Karachi nearly 300 companies including 100 international firms have confirmed their participation. Hanif Gohar, Chairman Fair and Exhibition FPCCI, at the pre-event briefing on Saturday regarding the upcoming PITF said that the event will prove to be a gateway for Pakistani industries to global markets.

Trade agreement worth Rs. 250 cr signed at Coir Kerala Fest

Related Keywords: buyer-seller meet, coir geo-textile, coir-machine-making factory, domestic market, fillip to coir industry, government of Maharashtra, Kerala State Coir Corporation, organized as part of Coir Kerala Fest, received contract, sale of coir products, Small-Scale Industries Development Corporation, trade agreements, tune of Rs. 250 crore signed

At the buyer-seller meet organized as part of the ongoing Coir Kerala Fest, for the first time, the Kerala State Coir Corporation has received a contract for the sale of coir products from the domestic market.

Trade agreements have been inked that will give a domestic-market fillip to the coir industry in Kerala. Trade agreements to the tune of Rs. 250 crore have been signed at the buyer-seller meet, aimed at both the foreign and domestic markets.

Turkish towel exports increases by 121 pc to Denmark this year

Related Keywords: bathrobes, bed sheet and other product types, began to yield results, coordination with Ministry of Economy, Denizli, Denizli Exporters Association, Denmark and Sweden market, exporter of worldwide famous, leading manufacturer, mainly from home textile sector, produces first quality towels, Turkish exporters assembly, Turkish Towels

Denizli Exporters Association who serves its members in a coordination with Ministry of Economy and Turkish Exporters Assembly are mainly from home textile sector that produces first quality towels, bathrobes, bed sheet and other product types. Denizli is leading manufacturer and exporter of worldwide famous “Turkish Towels” who for the first time last year in scope of UR-GE (development of international competitiveness) project, entered new market in Denmark and Sweden has began to yield results.

Maharashtra to get its new textile policy for 2017-22 soon

Related Keywords: CII Conference on Achieving Sustainable Growth, demand pattern, industry members, invited inputs, Maharashtra Cooperation, Maharashtra government, Manufacturing Excellence, Marketing and Textiles Minister Subhash Deshmukh, new textile policy, Technical Textiles, textile and apparel industry, value added garments, year 2017-2022

Maharashtra Cooperation, Marketing and Textiles Minister Subhash Deshmukh at CII Conference on Achieving Sustainable Growth in Textile and Apparel Industry through Manufacturing Excellence said that the Maharashtra government will be coming out with the new textile policy for year 2017-2022 soon.

The Maharashtra government is working out a new textile policy and has invited inputs from all the industry member in this regard.
Textile Commissioner Kavita Gupta, who was also present on the occasion, said that the government is focussed on value added garments and technical textiles.

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