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Cotton production receives boost, yield crosses last year production

Related Keywords: cotton corporation of India, cotton crop in the Malwa belt, cotton industry, Cotton yield received boost, covered under cotton production, expecting increase production, farmers getting lucrative prices, higher prices of the white gold, quality and yield of cotton crop has improved, steep fall in area, surpassing last year production figures

The cotton yield has received a boost as 6.6 lakh bales (each weighing 140 kg) of cotton have been procured so far surpassing last year’s production figures of 6.5 lakh bales.

Last year, whitefly destroyed more than 60% of the cotton crop in the Malwa belt. Despite the steep fall in the area covered under cotton production to 2.48 lakh hectares in 2016-17 from 4.5 lakh hectare in 2015-16 as growers feared a possibility of pest attack, the Cotton Corporation of India (CCI) is expecting production of 8.75 lakh bales this year after a year of despair and heavy financial losses.

Technocraft to partake at Vietnam Saigon Tex 2017 coming this April

Related Keywords: held in the Hochiminh City, increase export business, manufacturer and exporter of textile, ninety five percent space of the eleven halls sold out, received good response, Saigon Tex, Some confirmed exhibitors are still waiting, space allocation, Technocraft Industries, textile and garment industry expo, this April, to partake in the event

The Saigon Tex 2017 textile and garment industry expo will be held in the Hochiminh City this April as received good response with 95% space of the 11 halls ( 2 main halls and 9 temporary halls) has been sold out. Some confirmed exhibitors are still waiting for the space allocation. Technocraft Industries, a manufacturer and exporter of textiles, will be participating in the Saigon Tex 2017.

Technocraft will display its cotton yarn and knitted fabrics, its core business segments, and is participating in the fair to expand its export business.

Dull trading activity witnessed at KCE

Related Keywords: activity slowed down, ahead of the cotton arrivals, ginners and spinners tightened their positions, Karachi cotton exchange, only three thousand bales, recorded domestic transactions, spot rate decrease by fifty rupees, witnessed dull trading activity

The Karachi Cotton Exchange on Friday witnessed dull trading activity as it recorded domestic transactions of only 3,000 bales in between Rs6,250/maund to Rs6,800/maund.

Transactions were recorded from Sanghar, Pithoro and Saleh Pat in Sindh.

The spot rates decreased Rs50/maund. The spot rates fell to Rs6,650/maund (37.324kg) and Rs7,127/40kg.

Ex-Karachi rates also decreased to Rs6,785/maund and Rs7,272/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Ten Tirupur industrialists committed to invest in Warangal textile park

Related Keywords: committed to invest in Telangana, enjoy proximity to raw material source, mega textile park, park expected to create large scale employment, Telangana produces sixty lakh bales of cotton, Telangana state trying to woo investors, ten industrialists from Tirupur, vision to have a fibre to fabric facility, Warangal

The Telangana state is trying to woo investors to the mega textile park in Warangal. The park, which is coming up on 2,000 acres, is expected to create large-scale employment. Around 1,200 acres have been earmarked in the first phase of development, and according to the minister, the vision is to have a “fibre to fabric (end-to-end)” facility.

Minister for Industry and Commerce KT Rama Rao said that at least ten industrialists from Tirupur have committed to invest in Telangana.

SITEX 2017 buyer-seller meet this month in Surat

Related Keywords: buyer-seller meet, dealers, latest market innovation, manufacturers, organized to provide excellent opportunity, showcase wide range of products and services, SITEX, Surat International Textile Expo, Textile Industry, under one roof, wholesalers and retailers

Surat International Textile Expo (SITEX) 2017, a buyer-seller meet, is organized with an aim to provide an excellent opportunity to the manufacturers, dealers, wholesalers and retailers of the Textile Industry to showcase their wide range of products and services related to Textile industry and Industry experts to discuss about the latest market innovations under one roof.

Nitin Spinners begins production at its expanded facility

Related Keywords: an ISO company, Bhilwara, existing location, expanded capacity of compact spindles, manufacturing hundred percent Cotton Yarns and Fabrics, Nitin Spinners Ltd, project entitled for subsidy benefits, recognized Export House, RIPS by Rajasthan, started commercial production, successfully completed trial runs, under TUFs of Central Government

Nitin Spinners Ltd, an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100 percent Cotton Yarns and Fabrics has successfully completed trial runs on expanded capacity of 72,960 compact spindles at the existing location, Bhilwara, at project cost of Rs. 290 crores and started commercial production.

The project is entitled for subsidy benefits under TUFs of Central Government and RIPS by Rajasthan Government.

FIEO in talks with various agencies to set up technical textile cluster in TN

Related Keywords: A Sakthivel, achieve higher growth, all common facilities, at product diversification, export of technical textiles, Federation of Indian Export Organisation, FIEO, FIEO Southern Region, immense potential, including R&D, planning to set up a technical textile cluster in Tamil Nadu, Regional Chairman, start-ups, talks with various agencies

The Federation of Indian Export Organisation (FIEO) is planning to set up a technical textile cluster in Tamil Nadu for start-ups. The technical textile cluster will have all common facilities including R&D, A Sakthivel, Regional Chairman, FIEO (Southern Region).

The organization is in talks with various agencies to set up a technical textile cluster. Although, at present very few are into export of technical textiles at present but there is immense potential for which the exporters need to look at product diversification to achieve higher growth.

Chinese textile park may give a heavy blow to Pak textile exports

Related Keywords: at Xinjiang, China, face new threat, give a heavy blow to Pakistani textile exports, heavily investing in textile manufacturing facilities, losing market share, Pakistan struggling textile industry, province bordering the south Asian nation, setting up textile park

China, which is heavily investing in textile manufacturing facilities is setting up textile park in its province bordering the south Asian nation at Xinjiang, a leading trade body said on Wednesday due to this Pakistan’s struggling textile industry would face a new threat of further losing its market share, as it is likely to give a heavy blow to Pakistani textile exports.

Shanghai gears up for spring edition of PH value knitwear fair

Related Keywords: CCPIT TEX, China International Knitting Fair, CKIA, fashion trend, knitting clothing and accessories, latest developments in product and technology, organized jointly by Sub-council of Textile Industry, sponsored by CNTAC, take place this March in Shanghai, The Spring edition of PH Value

The Spring edition of PH Value China International Knitting Fair, sponsored by China National Textile and Apparel Council (CNTAC ) and organized jointly by the Sub-council of Textile Industry, CCPIT (CCPIT TEX ) and the China Knitting Industrial Association (CKIA ) will take place this March in Shanghai.

According to organizers, PH Value is committed to the knitting clothing and accessories, showing the latest developments in product and technology, coupled with fashion highlights in trend forecast.

Cotton trading activity remain slow over rising prices and supply concerns

Related Keywords: amid rising prices, barring a couple of deals, Big spinners slowed down imports, both buyers and sellers, Cotton market, depleting cotton stocks, KCA, keeping trading activity dawdling, market conditions remained dull, Shortage of quality cotton, spot rate remain unchanged, started to affect on trade volume, took to the sidelines

Shortage of quality cotton coupled with depleting cotton stocks have started to affect on trade volume, keeping trading activity dawdling at cotton market on Thursday. Both buyers and sellers took to the sidelines amid rising prices. Barring a couple of deals, the market conditions remained dull.

Big spinners have also reportedly slowed down their imports. On the domestic front, the trading ring gave a deserted look.

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