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AP Textile Federation plans to stage Chalo Delhi protest against GST

Related Keywords: Andhra Pradesh Textile Federation, APTF, central government, fails to give clarity on Goods and Services Tax, imposed on textile products, launch an indefinite strike, roll back the decision, to stage Chalo Delhi protest

Andhra Pradesh Textile Federation (APTF) has decided to stage ‘Chalo Delhi’ protest from June 22. Also the Federation threatened to launch an indefinite strike from June 24 if the Central government fails to give clarity on Goods and Services Tax (GST) imposed on textile products.

Addressing a press conference here on Tuesday, APTF president B Malleswara Reddy said that ‘Chalo Delhi’ protest has been called by the federation to express stern opposition to GST council members and central government against the levy of taxes on textiles and that traders in AP are against the decision.

World’s largest cushion unveiled at Heimtextil India

Related Keywords: come up with new ventures, contributed twelve percent, Heimtextil India fair, home textile business, inaugurated by Union Textiles Minister Smriti Irani, organized by Messe Frankfurt India, overall shipments globally, shows capacity of Indian businesses, thirty percent increase in exhibitors, unveiled world’s largest cushion

The Heimtextil India fair organized by Messe Frankfurt India was inaugurated by Union Textiles Minister Smriti Irani at New Delhi on Tuesday, where Irani unveiled the world’s largest cushion at an exhibition.

Irani at the inauguration said that India’s home textile business this year has contributed 12 percent to the country’s overall shipments globally.

Heimtextil India offers an unique presentation platform to present latest developments in home textiles to a varied group of professional buyers from the Indian Subcontinent.

Swedish firms keen to invest in Bangladesh RMG industry

Related Keywords: Bangladesh second largest apparel exporter, expressed their keen interest, investment will improve the economic conditions, Investor AB and ABB Sweden, making investment in Bangladesh readymade garment industry, two leading Swedish companies

Investor AB and ABB Sweden, two leading Swedish companies have expressed their keen interest in making investment in Bangladesh’s readymade garment industry alongside the power sector. The investment will improve the economic conditions of both the countries, said Bangladesh Prime Minister Sheikh Hasina during her visit to Sweden. Bangladesh is the second largest apparel exporter in the world.

National fabric innovation center opens in Cambridge

Related Keywords: actually developed that technology, Advanced Functional Fabrics of America, AFFOA, began at MIT, CEO Yoel Fink, convey our identity as individuals, fabrics express who we are, headquarters’ opening ceremony, new high tech fabric center, officially opened its headquarters in Cambridge, our values as a society, public private partnership

Advanced Functional Fabrics of America (AFFOA) a public-private partnership that began at MIT, has officially opened its headquarters in Cambridge.
CEO Yoel Fink at the headquarters’ opening ceremony said that fabrics express who we are, convey our identity as individuals and our values as a society. A new high-tech fabric center has actually developed that technology.

Slow trading activity at cotton market

Related Keywords: Cotton brokers, Cotton market, due to a ban previously imposed by the government of Punjab, Due to shortage of phutti, early cotton sowing, lack of buying interest from spinners, last year stock almost exhausted, phutti was arriving in the market, seed cotton, small quantities, Trading activity slowed down

Due to shortage of phutti (seed cotton) and lack of buying interest from spinners, trading activity slowed down on Monday at cotton market. Cotton brokers said that phutti was arriving in the market in small quantities due to a ban previously imposed by the government of Punjab on early cotton sowing. Moreover, last year’s stock has almost exhausted.

Cotton picking was ongoing only in Pakistan, which was why cotton brokers from other countries were cautious about making new deals. However, a jump in cotton prices was expected before Eidul Fitr.

Slow trading activity at cotton market

Related Keywords: Cotton brokers, Cotton market, due to a ban previously imposed by the government of Punjab, Due to shortage of phutti, early cotton sowing, lack of buying interest from spinners, last year stock almost exhausted, phutti was arriving in the market, seed cotton, small quantities, Trading activity slowed down

Due to shortage of phutti (seed cotton) and lack of buying interest from spinners, trading activity slowed down on Monday at cotton market. Cotton brokers said that phutti was arriving in the market in small quantities due to a ban previously imposed by the government of Punjab on early cotton sowing. Moreover, last year’s stock has almost exhausted.

Cotton picking was ongoing only in Pakistan, which was why cotton brokers from other countries were cautious about making new deals. However, a jump in cotton prices was expected before Eidul Fitr.

Govt to announces package for knitwear industry soon

Related Keywords: announce a package, from countries like China, government, Knitwear industry, knitwear industry facing tough competition, lack of technology Upgradation, next two months, owing to factors like lower automation, provide a level playing field

Government in order to provide a level playing field to the knitwear industry will announcing a package for the country’s knitwear sector in the next two months. As the knitwear industry is facing tough competition from countries like China owing to factors like lower automation and lack of technology Upgradation.

Secretary in the textiles ministry Anant Kumar said that they met stakeholders on a package for the knitwear sector on June 5 and held consultations on the draft scheme.

Denim North America to launch EcoSure BioBlast Denim

Related Keywords: both becoming mainstays, collaborated with Poole Company, combine elements by bringing natural and performance fibers, creator of EcoSure BioBlast fiber, DenimNorth America, DNA Textile Group, into a sustainable fabric, jeanswear, Wearable function and sustainability

As wearable function and sustainability are both becoming mainstays in jeanswear, DenimNorth America (DNA), a division of DNA Textile Group’s mission was to combine these elements by bringing natural and performance fibers together into a sustainable fabric, said DNA’s Creative Director, Lisa Harris for which they collaborated with the Poole Company, creator of the EcoSure BioBlast fiber, located in Greenville, South Carolina.

Bulgarian Nikolov & Sons to launch textured silk production line

Related Keywords: at its plant in Parvomay, Bulgarian textile company, covered elastic yarns and threads, Nikolov & Sons, planning to launch, plans to double the production capacity of the new line, production line for textured silk, southern Bulgaria this September, specializing in manufacture and trade, start the construction of a dyeing unit

Bulgarian textile company Nikolov & Sons established in 1999 specializing in the manufacture and trade of covered elastic yarns and threads is planning to launch a 1.2-million euro ($1.34 million) production line for textured silk at its plant in Parvomay, southern Bulgaria this September.

The project is funded with own funds of the company and a bank loan. The new production line will have a capacity of 30 tonnes per month and will create 10 new jobs.

Ethiopia all set to Inaugurate 2 Industrial Parks next month

Related Keywords: built by Chinese firms, China Civil Engineering Construction Corporation, China Communications Construction Company, GTP II, house textile and apparel manufacturing industries, Industrial Parks Development Corporation of Ethiopia, IPDC, Kombolcha Industrial Park, Mekelle industrial Park, next month, set to inaugurate two industrial parks

Ethiopia’s Industrial Parks Development Corporation (IPDC) disclosed that they are all set to inaugurate two industrial parks Mekelle industrial Park and Kombolcha Industrial Park next month built by Chinese firms, China Communications Construction Company (CCCC) and China Civil Engineering Construction Corporation (CCECC) respectively.

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