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Related Keywords: clothing industry. exemption of Readymade Garment, CMAI, do away with archaic laws, easing Legal Metrology Act, help make in India a success, labelling of garments, lacks logic, packaged Commodities Act, removing archaic laws, Textile Industry

The clothing industry can now do away with the archaic laws like labelling of garments and easing the Legal Metrology Act for clothing industry. As government decides exemption of Readymade Grment from the packaged Commodities Act.

The Clothing Manufacturers Association of India (CMAI), the apex body for the Indian apparel industry, thanked the Textile Minister, Smriti Irani for encouraging the exemption of Readymade Garment from the packaged Commodities Act.

Related Keywords: allowing conditional imports, high level meeting of Aptma, local crop fell short of target, needed more imports, officials of PPD, Pakistan cotton arrival, Plant Protection Department of Pakistan, regulatory duty on lint import, remain intact, sorted out the matter, stopped import of lint from India

The Plant Protection Department (PPD) of Pakistan having stopped import of lint from India, after the high level meeting of All Pakistan Textile Mills Association (Aptma) and officials of the PPD last week sorted out the matter by allowing conditional delivery of 12,000 bales and further import from India, as Aptma cited they needed more imports as local crop fell short of the target.

Related Keywords: fifteen job roles, first Indian Institute of Skills, IIS at Kanpur. skills development initiatives, Indian Texpreneurs Federation, National Skill Development Corporation, PM Modi inaugurated, Pradhan Mantri Kaushal Kendras, signed an agreement, Skill Capital of the World, Textile mills, To make India, train fifty thousand workers

To make India the Skill Capital of the World, PM Modi inaugurated the country’s first Indian Institute of Skills (IIS) at Kanpur. PM Modi also launched few other skills development initiatives such as ‘Pradhan Mantri Kaushal Kendras (PMKKs)’. At the event the Indian Texpreneurs Federation signed an agreement with the National Skill Development Corporation (NSDC) to train 50,000 workers between January and December next year in 15 job roles in textile mills.

Related Keywords: China, conditional import of cotton from India, cotton prices dropped, declining trend in global market, forced buyers to keep on the sidelines, KCA, Process of modest trading activity, seed cotton price, short supply, spot rate lower

In the process of modest trading activity, cotton prices dropped on Tuesday. According to the market sources, conditional import of cotton from India and declining trend in the global market, particularly in China forced buyers to keep on the sidelines. The official spot rate was lower by Rs 50 to Rs 6250.

In Sindh, seed cotton prices were at Rs 2600-3250 while in Punjab, phutti rates were at Rs 2800 and Rs 3500, as per 40 kg, dealers said.

Related Keywords: first US facility, Industrial Boulevard in Orangeburg, investing dollar three million, Labon, leading technical fiber, plans to establish, textile manufacturer

Labon, a leading technical fiber and textile manufacturer plans to establish its first U.S. facility investing to the tune of $3.1 million using a 15,700 square foot facility at a site at 122 Industrial Boulevard in Orangeburg, South Carolina

Labon is excited to launch their first operations in the United State in Orangeburg County. Between the skilled workforce and friendly business climate, this decision was easy for them, said Labon GM Hongxin Chen.

Related Keywords: customers for denim, exports to European Union, facing hard pricing pressures, harder for exporter to compete, not increased due to high cost of manufacturing, opting for other countries, Pakistani denim export, provide zero-rated facility to exporters, Scandinavia countries, United States witnessed decline

Pakistan's denim export to United States witnessed decline by 3.3 percent in 2016 also exports to European Union and Scandinavia countries has not increased due to high cost of manufacturing . It is becoming harder for exporter to compete with other countries that have cheap cost of production and government levies.

Chinese provide free electricity for first three years to new units while India was also provides incentives, according to leading exporter they cannot compete with until government provided incentives to them.

Related Keywords: association with Office of Textile Commissioner, automobile, domestic players, growing end user industries, healthcare and sports, initiatives taken to attract investment, Investment Opportunity in Technical Textiles, organized by Federation of Indian Chambers of Commerce and Industry, Seminar cum exhibition, underway in Coimbatore

A seminar cum exhibition 'Investment Opportunity in Technical Textiles will get underway in Coimbatore on December 22 organized by Federation of Indian Chambers of Commerce and Industry (FCCI) in association with the Office of Textile Commissioner.

The one day seminar is organized keeping in mind that technical textiles market in India is expected to touch Rs.1,16217 crore in 2017-18.
The Indian market of technical textiles is projected to be Rs 92,499 crore in 2015-16, growing at a Compounded Annual Growth Rate of 11.8 per cent.

Related Keywords: Best solution in textile manufacturing, coming up in February, distributors of fashion sector, European knitwear fair, FITEX, knitwear garments of brands, professional salon, textile industries with brands, Third edition of BSTIM, wants to give an answer to needs of supply

The third edition of BSTIM (Best Solution in Textile Manufacturing) European knitwear fair coming up in February 2017 is a professional salon that wants to give an answer to the needs of supply in proximity of knitwear garments of brands and distributors of the fashion sector. For this edition the organization has created a highly innovative image that project into the future without losing sight of the origin.

Asian MEG prices surged US$84 a ton CFR China and CFR South East Asia in the first week of December. Mono ethylene glycol prices surged dramatically in Asian markets on bullish futures and year-end rally also influencing prices in other regions.

Traders traded up swap and physical positions daily, buying up H2 December and H1 January swaps, as well as prompt physical cargoes for both H2 December and H1 January loading. Lifted by the bullish paper swaps, prompt physical MEG prices surged.

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 inched up US$6 a ton CFR Taiwan/China and FOB Korea in the first week of December. Isomer mixed xylene further jumped US$25 a ton FOB Korea on the week.

Paraxylene prices rose in Asian and US markets while sobered in Europe that week. Asian paraxylene rose on firmer crude and January PTA futures. India’s Reliance showed interest in Asian contract pricing.

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