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India’s yarn export to China rebounds amid weakening of Vietnam

Related Keywords: Chinese investors, cotton yarn export, cotton yarn import, export prices of yarns, Indian textile industry, Indian yarn export, Spun yarn export, spun yarn import, top yarn exporting countries, top yarn importing countries, TPP, Vietnamese apparel plants, yarn export to bangladesh, yarn export to china, yarn export value, yarn export volume, yarn import from Vietnam

The deceleration in spun yarn exports of India slowed down in November 2016 having fallen 21 per cent in volume terms and 14 per cent in value terms. Spun yarn (all kinds) shipments were at 90.1 million kg worth US$261.1 million or INR1,733 crore, implying per unit realisation of US$2.90 per kg which was down US cents 11 from previous month and up US cents 24 as compared to November 2015.

Ginners raise asking prices of fine quality keeps trading slow

Related Keywords: arrival of fine quality slowed down, cotton bales, Cotton market, crises ridden cotton yarn market, ginners raise asking prices, high count yarn, KCA, official spot rate remained unchanged, seed cotton, Textile Industry, witnessed slow trading activity

As ginners keen on raising asking prices, dealers said the cotton market on Wednesday witnessed slow trading activity. The official spot rate remained unchanged at Rs 6250 . In Sindh, seed cotton prices were at Rs 2600-3250, while in Punjab, the phutti rates were at Rs 2800 and Rs 3500, as per 40 kg.

Welspun to set up carpet plant in Gujarat to forays into flooring solutions

Related Keywords: annual capacity of approx seven million square meters, area rugs, carpet tiles, create direct and indirect jobs, foray into flooring solutions, foundation stone laid, generate around one crore revenue, leading home textiles company, manufacturing carpets, set up carpet facility, Welspun India Ltd

Welspun India Ltd., a leading home textiles company to foray into flooring solutions by setting up a Rs600 crore carpet facility manufacturing carpets, area rugs and carpet tiles in Anjar Gujarat. With this plant their focus towards home textiles will be strengthened. The foundation stone has been laid for the new facility.

Nigeria to promote CTG industry signs MoU with Clothing 360

Related Keywords: AGOA, Clothing 360, CTG, development of Ready-Made Garment in Nigeria, ecommerce platform, Made in Nigeria initiative, major player in readymade garment industry, Nigeria Ministry of Industry, part of KACK Group, promote implementation of policy on Cotton, public and private patronage, signed a MoU, textile and garment, trade and investment

The Ministry of Industry, Trade and Investment envisaging development of Ready-Made Garment in Nigeria signed a Memorandum of Understanding (MoU) on Tuesday with Clothing 360, part of KACK Group a major player in the readymade garment industry around the globe, to promote implementation of the policy on Cotton, Textile and Garment (CTG). Other areas of intervention include the promotion of the Made in Nigeria Initiative, which involves an e-commerce platform.

The first Screen Print trade show debuted in Sri Lanka

Related Keywords: debuted in Sir Lanka, digital, Dyes & Chem, great success concluded, inaugurated by leaders from Indian, Label Show, over 40 exhibitors, range of products showcased, Screen printing for textile and graphics, Sri Lankan printing industry, sublimation printing machinery, technical seminars, The first Screen Print trade show

The first Screen Print trade show with over 40 exhibitors and technical seminars debuted in Sir Lanka was a great success which concluded on 1-3 December with co-located events – Sublimating Ideas Expo, Label Show and Dyes & Chem. To mark the inauguration of the first Screen Print Sri Lanka exhibition, leaders from Indian and Sri Lankan printing industry jointly lighted up the lamp and cut ribbon in the presence of invited guests, exhibitors and visitors.

Plans to set up Handloom Bazaar at Rs 1 cr for Srikakulam weavers

Related Keywords: allocate one crore fund, Andra Pradesh, bazaar will have two floors, commercial uses, district administration, for their products, gearing up to set up a handloom bazaar, generations old profession, in Srikakulam, poor marketing facility, special development fund, weavers losing business, weavers increasingly quitting

As weavers are currently losing business due to poor marketing facility for their products, it is seen that many weavers are increasingly quitting their generations old profession. Keeping these problems in view, the district administration is gearing up to set up a handloom bazaar in Srikakulam, Andra Pradesh.

The authorities have decided to allocate Rs.1 crore from the special development funds to set up Handloom Bazaar. Plans are afoot to provide a site for the project near the district veterinary hospital, said G Raja Rao, district handlooms and textiles assistant director.

Cotton market witnessed modest trading activity

Related Keywords: arrival of quality lint slow, cotton bales, Cotton market, leading mills and spinners, market sources, official spot rates, sluggish demand, unchanged, witnessed modest trading activity

Cotton market on Tuesday witnessed modest trading activity, dealers said. The official spot rates unchanged at Rs 6250. According to the market sources, arrival of quality lint was slow, which caused sluggish demand by leading mills and spinners.

As per dealers, the seed cotton prices in Sindh were at Rs 2600-3200 and in Punjab rates were at Rs 2800-3400, per 40 Kgs.

Cotton analyst, Naseem Usman said that the cotton yarn market continues to be sluggish, it looks that present trend may maintain for the near future..

Lenzing plans to construct a new largest Tencel fibre plant in USA

Related Keywords: Alabama, construct a state of the art plant, increase fifty percent capacity, largest Tencel fibre plant in the world. utilize latest technological standards, Lenzing, new milestone in history of lyocell fibres, production capacity, site in Mobile, sustainable botanic fibre

Lenzing plans to construct a state-of-the-art plant with a production capacity of 90,000 tons per year at its site in Mobile, Alabama. The new facility will be the largest Tencel fibre plant in the world with an investment of total US$293 million (EUR275 million) and will utilize the latest technological standards. The Supervisory Board of Lenzing AG has approved the investment in a new Tencel fibre plant in the USA.

Solapur has potential to be major uniform and garments mfg hub

Related Keywords: district in Maharashtra, easy availability of transportation, initiative to set up Garments Park, international, investment in region, invite national, known for manufacturing skills, labour, new MIDC, organize trade fair, raw material, set to become major uniform and garment manufacturing hub, Solapur, Solapur Readymade Kapad Utpadak Sangh

Solapur a district in Maharashtra known for its manufacturing skills is set to become major uniform and garment manufacturing hub in the coming years, following Union government’s initiative to set up Garments Park and new MIDC, said Solapur Readymade Kapad Utpadak Sangh, vice president Nilesh Shah.

Italy’s textile machinery sector to exhibit once again at Colombiatex

Related Keywords: ACIMIT, Appreal and Textile industry, Colombian textile manufacturers, common area set up, fashion sector, Italian finishing machine, Italian textile machinery manufacturers, Italian textile machinery sector, Italian trade agency, leading trade fair, most in demand, second year Colombiatex, stand out as major player, to exhibit

Italian textile machinery manufacturers with 20 leaders to exhibit in the common area set up by the Italian Trade Agency and ACIMIT for the second year at the upcoming edition of Colombiatex, a leading trade fair for Appreal and Textile industry. The Italian textile machinery sector once again expected to stand out as a major player.

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