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Related Keywords: complaints from workers, demonetization, deprived of wages, facilitate opening of bank accounts, Government sending officials, help adopt digital transactions, unified payment interface, various textile and garment clusters, workers including casual ones

The government has started sending officials to various textile and garment clusters across the country to facilitate the opening of bank accounts for workers, including the casual ones, and help them adopt digital transactions on receiving complaints from many workers having deprived of wages, following demonetization announced a month ago, official sources said.

Related Keywords: cotton bales, India can now exporting, Indian traders, Pakistan DPP, Pakistan suspending cotton import from India, Pakistan will benefit from cheaper supplies, reissuing permit, resumed cotton trade, signed export contract, surplus cotton

Pakistan after suspending cotton import from India for few days has resumed cotton imports. With the resumption of cotton trade, India can now exporting its surplus cotton, while Pakistan will benefit from cheaper supplies from the neighboring country.

Last month Pakistan suspended cotton imports from India, saying shipments failed to fulfill phyto-sanitary certification, threatening the $822 million-a-year trade.

Related Keywords: allot special funds in the budget, announced state government plan, bring in textile policy, e commerce, encourage handloom, K T Rama Rao, open 12 new textile clusters, open outlets, provide marketing, support weavers, Textile Minister, welfare measures

Textile Minister K T Rama Rao announced that the state government has plans to open 12 new textile clusters to encourage handloom and support weavers apart from bringing a textile policy for taking up several welfare measures for weavers' benefit.

Related Keywords: bedsheets, boost entire supply chain, boost home textile segment, curtains, decorative cotton products, etc sector. relief for made ups exporters, extended five percent duty drawback benefit, government, made-ups, main markets, passing through a difficult phase, preferential tariff, products face duty disadvantage, the European Union, towels

Government to boost home textile segment has extended a five percent duty drawback benefit to the made-ups (including towels, bedsheets, curtains, decorative cotton products, etc) sector. This move has come as a big relief for made ups exporters passing through a difficult phase.

Related Keywords: add two new Vietnamese facilities, apparel manufacturer, Chinese manufacturing base, continue presence in Vietnam, decides to completely close, deteriorating investment conditions, difficulty of finding employees, Eclat Textile, flexible knitwear fabric producer, surging wages, Taiwanese largest technology-based textile company

ECLAT Textile, Taiwan’s largest technology-based textile company, professional functional and flexible knitwear fabric producer and apparel manufacturer decides to completely close Chinese manufacturing base it has had since 1998, in the city of Wuxi, due to deteriorating investment conditions and surging wages.

Roger Lo, Eclat's vice president, said that over the past three years, their Chinese site has continued to lose money and they don't see any way to turn that situation around in the future.

In Shengze, offers for 32s polyester yarn were flat in the fourth week of November and 45s were up on the week. In Qiangqing, offers for 32s weaving were stable during the week. In US$ term, they were down US cents 1-2 on the week, due to weak Yuan.

Spun polyester yarn prices were stable in China though there were limited enquiries and sales. Producers held large inventories and faced low demand. Moreover, the environmental protection issue in Hebei had certain influence on texturing, printing and dyeing plants, which was unfavorable for downward buying of spun yarns.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Asian PTA prices inched up US$3 a ton CFR China and CFR Southeast Asia in the fourth week of November. In China, PTA prices surged about US$5 a ton in the second half of that week.

Purified terephthalic acid markets were mixed amid higher upstream prices and sluggish demand. In India, polyester demand was been by government's demonetization policy, sparking drop in retail sales, impacting converters and the traders who supply them. In China, PTA market moved up in a notable range as futures market picked up with an increase on the position.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Related Keywords: boost demand for technical textiles, emerging economies, expected to grow, global textile consumption, growing environmental awareness, Meditech technical textiles, rapid industrialisation, robust demand from healthcare sector, Steady growth opportunities, technical textile market, visible for textile companies

Steady growth opportunities are visible for textile companies as the global textile consumption is expected to grow at a CAGR of 5.4% through 2020, indicating. The key factors anticipated to boost demand for technical textiles include steady growth of automotive sector, rapid industrialisation in emerging economies, robust demand from healthcare sector and even growing environmental awareness.

Related Keywords: global home textile market, global technical textile market, India can outperform China in the coming years, Indian Texpreneurs Federation, special package to Made-ups sector, textile industry body, textile manufacturing sector, upward trend

Indian Texpreneurs Federation (ITF), a textile industry body in the region has estimated the size of global home textile market to be of 96 Billion USD. It has chance to likely follow an upward trend as the global technical textile market is expected to reach US$ 193 billion in revenues in 2020.

In fact, India can outperform China in the coming years with a support measure extended by the Centre . It is a special package to Made-ups sector.

Related Keywords: digital textile print product range, direct-to-textile printer, fast growing textile market, Heimtextil, high quality textile output, industrial digital textile printer, leader in digital textileprinting industry, Mimaki, pigment inks, reach wider audience, showcase various solutions

Mimaki a leader in the digital textileprinting industry and a right partner in the fast growing textile market is preparing to showcase various solutions from its digital textile print product range to reach a wider audience at Heimtextil to taken place next year.

Visitors to the Mimaki stand will be able to find out more about solutions such as the Tx300P-1800B direct-to-textile printer, a 1.8m machine that runs pigment inks and has been specifically designed for on-demand creation of high quality textile output-all at seeds of up to 66sq m/hr.