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Related Keywords: all segments in the sector, EU and China, fall in demand, government admitted, government implements, India likely to miss achieving textiles and garment exports target, major markets such as the US, may be hard to achieve, promote exports, special package of incentives, various export promotion schemes

India likely to miss achieving the USD 48 billion target for textiles and garment exports for 2016-17, as the government admitted it may be hard to achieve, mainly due fall in demand in major markets such as the US, EU and China.

Related Keywords: Autoconer winding units, automatic package winding, German textile machinery manufacturers, Indian textile industry, textile business in india, textile company, textile exhibitions in India, textile innovation, textile machineries, textile market, textile mills in India, textill suppliers

The German textile machinery manufacturer Saurer Schlafhorst celebrated the sale of Autoconer winding unit number 2.5 million at INDIA ITME. The milestone winding unit will be delivered to the India-based textile company Kanchan India Ltd. in the first quarter of 2017. For Schlafhorst, INDIA ITME also proved a worthy occasion for holding a small reception to thank the Indian customers who have made such a significant contribution to this remarkable success.

Related Keywords: bandages, coffee filters, eight production lines, founder and CEO, into cotton, Joy Nunn, lease a facility, locate startup textile manufacturing firm, longest-established renewable energy installers turned its sights to Fort Worth, make fibers, Pure Renewables USA, rayon yarn, recycling textile scraps, to manufacture wet wipes, Tulsa based

Pure Renewables USA, a Tulsa based longest-established renewable energy installers in the country has turned its sights to Fort Worth to locate a startup textile manufacturing firm. Joy Nunn, founder and CEO of Pure Renewables is looking to lease a facility in Fort Worth’s Alliance development with more than 800,000 square feet to make fibers used to manufacture such things as wet wipes, coffee filters and bandages.

The company is looking at a 20-year lease on the Fort Worth building, located near the Alliance Intermodal facility, but that lease has not yet been signed.

Related Keywords: clothing and footwear factories, Clothing and Footwear sector, currently employs around seven thousand people, exports total hundred million dollars per annum, forty textile, marketing purpose, ninety percent workers are women, promote itself to more international markets, promote new markets, TCF Council receives govt grant, The Fiji’s Textile

The Fiji’s Textile, Clothing and Footwear sector exports total 100 million dollars per annum and currently employs around seven thousand people of which around 90% of the workers are women in the forty textile, clothing and footwear factories around Fiji.

The Textiles, Clothing and Footwear Council has received a grant of $100,000 from the Ministry of Industry and Trade of Fiji.

Related Keywords: cotton bales, Cotton prices moved higher, fetch better prices, ginners hold back stock, imported in violation, Indian cotton, Karachi port, KCA, Ministry of National Food Security and Research Department of Plant Protection, Pakistan rejecting consignment, Plant Quarantine rules, spotrate unmoved

Cotton prices moved higher on Wednesday on reports of Pakistan rejecting a consignment of around 10,000 bales of Indian cotton worth $3.3 million at the Karachi port by the Ministry of National Food Security and Research Department of Plant Protection as it was imported in violation of the country's Plant Quarantine rules. The consignment has to be returned by importers at their cost.

Related Keywords: APTMA, enhance trade volume, explore investment opportunities in Pakistan, explore Pakistani potential, FCCi, inked six MoU, Italian Foreign Trade Association, Italian Ministry of Economic Development, Pakistan Italy Investment and Business Forum, PHMA, PRGMEA, promotion of bilateral commerce and trade, Punjab Board of Investment and Trade

Italian Ministry of Economic Development, Ivan Scalfarotto during his visit of 60 member delegation has inked with the Punjab Board of Investment and Trade (PBIT) six Memorandum of Understandings (MoU for promotion of bilateral commerce and trade between the two nations.

The Italian Textile Manufacturing Association signed three separate MoUs with All Pakistan Textile Mills Association (APTMA), Pakistan Hosiery Manufacturing Association (PHMA), and Pakistan Readymade Garment Manufacturer and Exporters Association (PRGMEA).

Related Keywords: approved a set of reforms, boost the made ups sector, domestic industry, for made-ups sector, includes products like towels and bedsheets, including simplified labour laws, provide production incentive, second largest employer, sourcing for made-up sector, technology upgradation, textiles sector after apparel, through TUFS, Union Cabinet

The Union Cabinet to boost the made ups sector which is the second largest employer in the textiles sector after apparel on Wednesday approved a set of reforms, including simplified labour laws and technology upgradation for the made-ups sector which includes products like towels and bedsheets.

The government will provide production incentive through enhanced Technology Upgradation Fund Scheme (TUFS) subsidy of additional 10% for made-ups similar to what is provided to garments based on additional production and employment after three years.

In China, ASF prices rolled over but went down US$1 a kg due to weak currency in the fourth week of November. Acrylic staple fibre prices were generally stable during the week, despite some hikes in settlement prices.

Upstream acrylonitrile cost weakened, leading to relieved cost pressure. In China, ASF producers enjoyed better profit margins, amid sound liquidity. Downstream demand was sound, so ASF market was still active. Demand is expected to keep steady next week.

In Pakistan, ASF prices remained unchanged as market fundamentals were still balanced.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

Asian ACN prices edged up US$6 a ton CFR Far East Asia while Southeast Asia was down US$20 a ton in the fourth week of November.

Acrylonitrile prices were mixed that week in Asian market where they tumbled in South Asia and edge higher in Far East Asia with ABS market supporting the latter. Demand was weak in India on low acrylic fibre prices. In China, spot prices were range bound that week as downstream demand was stable.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

Related Keywords: angora wool, cashmere pashmina wool, in limelight, Indian focus admired across the world, Indian textiles, Indian wool, mohair wool, not only with famous Indian fabrics, pure cotton, spreading its roots in global market, texture and craftsmanship, tussar silk and khadi, weaving techniques

Indian textiles is spreading its roots in the global market not only with the famous Indian fabrics like pure cotton, tussar silk and khadi (hand-spun and hand-woven cloth), but also the Indian wool and weaving techniques, which is in the limelight from cashmere pashmina wool, mohair wool to the angora wool. Indian focus have been well known and admired across the world for their beauty, texture and craftsmanship.