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VN textile, garment sector finds new way increase export turnover

Related Keywords: focus on expanding its markets, foreign exchange preferential policies, fourteen percent compared to last year, government tariff, group will make effort to increase export turnover, more especially key markets, push up production, State run Vietnam National Textile And Garment Group, Vinatex

The state-run Vietnam National Textile And Garment Group (Vinatex) General director Le Tien Tuong said that the group strives to push up production by 14 percent compared to last year. The group will make the effort to increase export turnover by 11 percent and import turnover by 9 percent. To complete the goal, Vinatex will focus on expanding its markets more especially key markets such as the US, EU, and Japan.

GTex expo concludes with $18m business deals

Related Keywords: best sourcing platform in Pakistan, concluded yesterday with USD eighteen million matured business deals, garments participated, great business opportunity to importers and exporters, leading international brands from textiles, many more in pipeline, organized by Global Enterprise, Three day GTex International B2B Textile Machinery Brand Expo

The three-day GTex International B2B Textile Machinery Brand Expo the best sourcing platform in Pakistan organized by Global Enterprise concluded yesterday with $18 million matured business deals and many more in pipeline.

Sindh Minister for Transport Syed Nasir Hussain Shah was chief guest at the closing ceremony of the event, who visited stalls and interacted with foreign and local exhibitors.

Union Budget 2017-18 to be presented just few days away

Related Keywords: budget will have a lot of announcements to make, gain better clarity on the GST, Indian textile exporters, moving steadily on improving the fashion industry, Prime Minister Narendra Modi government, procurement from India will increase, start-ups acroos India, Textile Industry, third budget to be presented, Union Budget due on February first

Union Budget 2017 due on February 1 will be the third budget to be presented by the Prime Minister Narendra Modi’s government. The budget 2017 will not only be unique for its preponement from the usual month of March but will also have unprecedented expectations resulting from demonetisation. In the run-up to the Union Budget 2017, the start-ups across India hope to hear from the Finance Minister Arun Jaitley come February 1.

Govt to provide all necessary help to boost textile industry in Burhanpur

Related Keywords: Archana Chitnis, Burhanpur, Burhanpur known for banana plantation, buyer seller meet, Cloth made from banana trees, cotton, good source of income, group shed scheme, inaugurated by woman and child development minister, increasing subsidy, organized by local Powerloom Seva Kendra, promote textile industry, setting up units, textile industries

A buyer seller meet for textile industries was organized by local Powerloom Seva Kendra in Burhanpur. The meet was inaugurated by woman and child development minister Archana Chitnis.

Archana Chitnis at the inaugural function urged everyone to promote textile industry and assured that government would provide all necessary help for the growth of the textile industry. She also informed the gathering that the central government would be increasing subsidy under group shed scheme from Rs 300 square feet to Rs 400.

Bombay Dyeing to expand its distribution network in TN

Related Keywords: across nine towns in Tamil Nadu, big plans for Tamil Nadu, Bombay Dyeing and Manufacturing Company, enter twenty towns, focusing more on retail business, franchises, huge market, textile manufacturer, twenty five company-owned stores

Bombay Dyeing and Manufacturing Company, the 137-year-old textile manufacturer with 25 company-owned stores and franchises across nine towns in Tamil Nadu has big plans for Tamil Nadu focusing now more on retail business.

The company has a presence in 350 multi-brand textile stores in the State and plans to expand its foot print to 700 multi-brand textile stores in the next four years.

Cotton price likely to move up on tight supply and improved exports

Related Keywords: cash shortage, continue to increase further, cotton prices, exporters, Farmers are not aggressive to bring raw cotton, gone up due to short arrival, good demand from domestic mills, kapas, mandis across India, no rise in supply in near future, pipeline is still dry, Punjab cotton ginners association

Cotton prices have gone up due to short arrival and good demand from domestic mills and exporters. It may continue to increase further as there is no hope for rise in supply in near future and pipeline is still dry. Farmers are not aggressive to bring raw cotton or kapas in the mandis across India due to cash shortage, said Bhagwan Bansal, president, Punjab Cotton Ginners Association.

Tangaliya weavers to get government support in purchasing looms

Related Keywords: assistance amounting to ninety percent of the loom price, exquisite technique of weaving, from Surendranagar district of Gujarat, Government of India, provide support to Tangaliya weavers, purchasing looms, Tangaliya seven hundred year-old indigenous weave, using raw wool yarn

Government of India will be providing support to the Tangaliya weavers in Surendranagar district of Gujarat for purchasing looms, with an assistance amounting to 90% of the price of looms. Tangaliya is a 700-year-old indigenous weave of Gujarat which employs an exquisite technique of weaving, using raw wool yarn.

The Union Textiles Minister Smt. Smriti Zubin Iraniduring her interaction with Tangaliya weaver in Surendranagar district of Gujarat and upon listening to their concerns, she made this announcement yesterday evening.

GTex International Textile Machinery Brand Expo begins in Karachi

Related Keywords: accessories, chemical, digital printing, Dyes sectors, Embroidery Machinery, garment, Global Enterprise, leading international brands from Textile, leather, organizing next edition of GTex International B2B Textile Machinery Brand Expo, participating, unique platform of GTex

The Global Enterprise is organizing the next edition of GTex International B2B Textile Machinery Brand Expo after continuous and mega success of previous year's GTex Expo in Karachi and Lahore. The GTex Expo will open from today (Friday) in Karachi.

Approximately more than 40,000 B2B corporate visitors from all over Pakistan, will visit GTex Karachi Expo in 3 days and the exhibitors will ultimately get the optimum response under the unique platform of GTex.

Cut in Gujarat cotton procurement by Tamil Nadu mills

Related Keywords: drastically cut back cotton procurement, Gujarat, in the wake of increased adulteration, long been a hub for premium cotton, other cotton waste by Gujarat ginners, seek Union government intervention, SIMA, textile mills in Tamil Nadu, with substances like comber noil

Gujarat, which has long been a hub for premium cotton for textile mills in Tamil Nadu, in the wake of increased adulteration with substances like comber noil and other cotton waste by Gujarat’s ginners, they has drastically cut back their cotton procurement.

The Southern India Mills’ Association (SIMA) seeks the Union textile ministry intervention in this regard. Till the year before last, Tamil Nadu’s mills used to procure about 50-60 lakh bales from Gujarat alone.

Karl Mayer coming up with a flexible tricot machine

Related Keywords: all-round machine, create a filigree design, delicate tricot fabric, featuring a variety of patterns, flexible machine makes ideal for variety of applications, Karl Mayer, leading warp knitting machinery manufacturer, produce upholstery fabrics, producing stylish, striking lace look, tricot machine, warp-knitted fabrics for fashion sector

Karl Mayer, a leading warp knitting machinery manufacturer has come up with a HKS 4-M El, tricot machine, a flexible machine that makes it ideal for a variety of applications.

The HKS 4-M EL is particularly adept at producing stylish, warp-knitted fabrics for the fashion sector, the company reports. The light and airy fabric was produced on an HKS 4-M EL in a gauge of E 28.

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