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Related Keywords: Australian textile major, farm-to-fashion journey of Merino wool, Knitwear industry, planning an entry into the domestic handloom, premium Merino wool in India, textile and apparel industry, The Woolmark Company, To increase the import, weaving clusters of Gujarat and Manipur, wool shawl

In order to increase the import of the premium Merino wool in India, the Australian textile major The Woolmark Company is planning an entry into the domestic handloom and weaving clusters of Gujarat and Manipur.

Arti Gudal, country manager, The Woolmark Company said that about 85 per cent of Indian wool is of carpet grade; 10 per cent is of coarse grade and only five per cent is of apparel grade. The textile and apparel industry imports a bulk of its wool from Australia.

Related Keywords: apparel manufacturing, designing and quality checking, impart skill training, industrial workers, invitation by government authorities, open two outreach centres, pattern making, promoting NIFT-TEA Knitwear Institute, set up one NIFT-TEA Skill Development Centre, situated in Tirupur, tailoring, Telangana and in Odisha, Tirupur garment exporters

Tirupur garment exporters have been promoting the NIFT-TEA Knitwear Institute situated in Tirupur, Tamil Nadu to open two outreach centres outside the state. The present plans are to set up one NIFT-TEA Skill Development Centre in Telangana and another one in Odisha, both on the invitation by the government authorities in the two respective states.

Related Keywords: Gifts & Houseware in India, HGH India 2017, Home Décor trade show, home fashion trends, Home Textile Association of India, home textile manufacturers, home textiles market in India, HTA Indoors, textile B2B, textile brands, Textile Commissioner, textile exhibitions, textile importers, textile industry of India, textile retailers, trade show for home textiles

With its 6th edition, HGH India the annual trade show for Home Textiles, Home Décor, Gifts & Houseware in India where more than 500 brands, manufacturers and importers are presenting their range and innovations this year. The three day exposition was inaugurated by Ms. Kavita Gupta, Textile Commissioner and Guest of Honour H. E. Mr. Erdal Sabri Ergen, Consul General, Turkey alongside other prominent industry leaders and dignitaries.

Mono ethylene glycol prices declined sharply by 4% opening the third week of June on weak demand and Futures in China opening with a big drop following a limit down. However, prices recovered later but still posted a weekly fall. Prices may come under pressure in H2 of 2017 amid increased spot cargo availability, with the expected doubling of capacity in India.

European MEG spot prices were stable-to-soft as demand was deemed fairly flat for most part of the week. Hot weather across most of Europe may induce demand for MEG, also used in coolants.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian paraxylene prices slumped US$28.33 a ton CFR Taiwan/China and FOB Korea in the third week of June. Isomer-grade mixed xylene prices declined US$19 a ton FOB Korea on the week.

Paraxylene prices moved in line with falling energy complex, falling sharply on Thursday following the almost US$1 a barrel drop in crude oil prices overnight. Naphtha and mixed xylene values also declined as well with latter hitting 6-week low. Although several paraxylene units are under maintenance shutdown, supply was still loose as a whole. Negotiation for contract price will begin soon.

Related Keywords: paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PX price

Related Keywords: Arvind Limited, built on four planks, EU, focusing on multipronged strategy, Free trade agreement, growth, innovation, intends to become a strategic partner, labour law, multi-fibre, sustainability, Textile Industry, textile major, verticalisation, with its customers

Arvind Limited, textile major intends to become a strategic partner with its customers by focusing on a multipronged strategy for its growth. Their strategy will be built on four planks — sustainability, innovation, verticalisation and multi-fibre, company’s Chairman and Managing Director Sanjay Lalbhai said in an interview.

Related Keywords: earned six billion USD from exports to US, export growth not sustainable yet, first half of the year grew, original design manufacturer, outstripping competitors, shipments to EU up eight percent, supply chain, surging nearly nine percent, twelve percent from Japan, Vietnam garment and textiles export, Vinatex

Vietnam’s garment and textiles export in the first half of the year grew 11.3 percent year-on-year to 14.58 billion USD, outstripping its competitors in garment export growth in the period. The country earned 6 billion USD from exports to the US, surging nearly 9 percent, 2.3 billion USD from shipments to the EU, up 8 percent and 1.5 billion USD from Japan, up 12 percent. But according to experts the growth has not been sustainable yet.

Related Keywords: earned six billion USD from exports to US, export growth not sustainable yet, first half of the year grew, original design manufacturer, outstripping competitors, shipments to EU up eight percent, supply chain, surging nearly nine percent, twelve percent from Japan, Vietnam garment and textiles export, Vinatex

Vietnam’s garment and textiles export in the first half of the year grew 11.3 percent year-on-year to 14.58 billion USD, outstripping its competitors in garment export growth in the period. The country earned 6 billion USD from exports to the US, surging nearly 9 percent, 2.3 billion USD from shipments to the EU, up 8 percent and 1.5 billion USD from Japan, up 12 percent. But according to experts the growth has not been sustainable yet.

Related Keywords: decor, domestic market is currently estimated at USD one hundred ten billion, exports at USD forty billion, garment, Indian textile industry, Made ups, market size expected to touch USD two hundred fift billion, next two years, sixth edition of HGH India, Textile Commissioner Kavita Gupta, trade show for home textile, tremendous growth potential

The Indian textile industry see tremendous growth potential and it’s market size is expected to touch USD 250 billion in the next two years from USD 150 billion now. The domestic market is currently estimated at USD 110 billion and exports at USD 40 billion, said Textile Commissioner Kavita Gupta speaking after inaugurating the 6th edition of 'HGH India 2017', the annual trade show for home textiles and home décor held in Mumbai

Related Keywords: apparel market, Enterprise Material Management, fabric consumption, fabric cutting reduction, fabric manufacturers, fabric production in India, fabric suppliers, fashion industry, Indian Apparel Manufacturers, production cost of fabric in India, sewn products industry, textile exhibitions in India, Textile India 2017, textile waste reduction solutions

ThreadSol, an Enterprise Material Management provider for the sewn products industry is exhibiting at Textile India, Gandhinagar starting from today. ThreadSol’s exhibit was located at Stall 1.34, Hall 10, Mahatma Mandir, Helipad Ground. With its innovative solutions, intelloBuy and intelloCut, ThreadSol demonstrated an entire range of enterprise material management solutions, which can help Indian apparel manufacturers save enormous material cost and boost major profits, in an industry that is heavily dependent upon economic priorities.