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Related Keywords: defined as cloth woven on handlooms and hand-spun from cotton, divided into two broad segments, Indian textile industry, ISEC, Khadi, khadi artisans, khadi institution, khadi market, KVIC, modernized mill, MSME, namely the traditional hand-woven and hand-spun textile segment, woolen or silk yarns

The Indian textile industry, which caters to clothing need which has an estimated market size of $108 billion is divided into two broad segments within the industry, namely the traditional hand-woven and hand-spun textile segment, and the modernized mill. Khadi is defined as any cloth woven on handlooms and hand-spun from cotton, woolen or silk yarns in India or the combination of two or all of these yarns, as per the Khadi and Village Industries Commission Act 1956.

Related Keywords: Chief Minister Devendra Fadnavis, epicentre to ensure 100 percent procurement, huge potential for textile growth, more textile hubs have to be set up across the state, processing of cotton, provide locals expertise in skill development, remains untapped, seventy five percent of cotton available, under-utilized in industrial sectors, VIdarbha

Chief minister Devendra Fadnavis after performing a bhoomipujan for a textile park and inaugurating a spinning plant of GIMATex at Hinghanghat in Nagpur district on Sunday said that there is a huge potential for textile growth and hence more textile hubs will have to be set up across the state and Vidarbha made its epicentre to ensure 100 percent procurement and processing of cotton.

Related Keywords: avoid shortage, benefit cotton farmers, buffer stock, enable spinning industry to grow consistently, establish secure policy measures, generate millions of jobs, keep fifty lakh cotton bales, provide additional revenue, SISPA, South Indian Spinners Association, synthetic fibre policy, urge government to bring out comprehensive cotton

South Indian Spinners Association (SISPA) at its 25th Annual General Body Meeting urge government to bring out a comprehensive cotton and synthetic fibre policy to establish secure policy measures that would benefit cotton farmers and enable the spinning industry to grow consistently, thus generating millions of jobs and hence provide additional revenue to the exchequer.

SISPA said that the GST Bill would benefit the entire textile chain and requested the Centre to direct departments concerned to keep 50 lakh cotton bales as buffer stock to avoid shortage.

Related Keywords: apply with Let Export Order, from yarn to finished garments, Ministry of Textiles, notified first of its kind scheme, or central sales tax on inputs, Rebate of State Levies on Export of Garments, ROSL, scheme seeks to rebate state value added tax, stages of production, unique features

The ministry of textiles has notified first of its kind scheme with unique features for Rebate of State Levies on Export of Garments (ROSL) which will apply with ‘Let Export Order’. The scheme seeks to rebate state value added tax or central sales tax on inputs, including packaging and fuel, duty on electricity generation and duties, and charges on purchase of grid power, as accumulated through the stages of production from yarn to finished garments.

The ministry has notified the rebate rates for all items covered under chapters 61 and 62 of the All Industry Rates of drawback.

Related Keywords: Cho Hyun-joon, expand into additional markets around the world, highest market shares, Hyosung Group, Hyosung has grown Vietnam, Hyosung head of Strategic Headquarters, industrial cluster, largest production base in the world, many business areas in Korea, meeting with Vietnamese leaders, overseas exports, products such as spandex, tire cord

Hyosung Group already number one in many business areas in Korea is looking to expand into additional markets around the world. Hyosung’s head of Strategic Headquarters (president) Cho Hyun-joon at the meeting with Vietnamese leaders on September 9 said that Hyosung has grown Vietnam as its largest production base in the world for products such as spandex and tire cord with highest market shares by focusing its investment on the southern part of Vietnam.

Related Keywords: Marketing Assistance Scheme, MSME textile unit, National Small Industries Corporation, NSIC, textile exhibitions, Textile trade show, Yarn Fabric Accessories Trade Show, YFA 2016

Running into its second edition, the Yarn, Fabric & Accessories Trade Show (YFA) 2016, has bagged the support of the National Small Industries Corporation (NSIC), a government of India undertaking. MSME units who intend to participate in the YFA 2016 exhibition, can claim subsidy under the Marketing Assistance Scheme (MAS) of NSIC of 60-95% under various categories of MAS.

Related Keywords: fabric, first six months of the year, garment production base, garment production line, key markets, one of a few Vietnamese garment companies, owns a yarn, preferential tariffs, sees contracts decrease from foreign partners considerably, strong demand from South Korea and the US, Thanh Cong Garment, TPP

Thanh Cong Garment, one of a few Vietnamese garment companies which owns a yarn – fabric – garment production line having strong demand from South Korea and the US, its key markets, sees contracts decrease from foreign partners considerably in the first six months of the year.

Related Keywords: bring change in agriculture sector, Chief Minister Devendra Fadnavis performed bhoomipujan of Gimatex Industries Private Limited, cotton production, farmers, first Integrated Textile Park in Vidarbha, initiative, Mohota family, new extended spinning unit at Hinganghat, step toward improving the situation, Textile Park, value-added projects

Chief Minister Devendra Fadnavis performed bhoomipujan of Gimatex Industries Private Limited’s first Integrated Textile Park in Vidarbha and new extended spinning unit at Hinganghat. The first Integrated Textile Park launched in Hinganghtat was the first step toward improving the situation, said the Chief Minister congratulating Mohota family for their initiative. Integrated Textile Park will generate about 2,500 jobs.

Related Keywords: Chinese textile exhibitors, denim fabric makers, denim innovations, Fabric & Accessories Trade Show (YFA) 2016, fabric suppliers, fabrics and apparel accessories, fashion shows in India, fibres suppliers, garment accessories makers, Indian textile industry, MSME units in India, National Small Industries Corporation (NSIC), Textile Association of India, textile conferences, textile subsidies, yarn, yarn suppliers

Exhibitors at the second edition of the Yarn, Fabric & Accessories Trade Show (YFA) 2016, which will run from November 23 (Wednesday) to 26 (Saturday), 2016, will now be eligible to subsidies offered by the National Small Industries Corporation (NSIC), a government of India undertaking.

YFA 2016 is now supported by NSIC, and now MSME units who participate in the YFA 2016 exhibition, can claim subsidy under the Marketing Assistance Scheme (MAS) of NSIC of 60-95% under various categories of MAS.

In Xiaoshan, 30s spun viscose prices in Xiaoshan inched up US cents 4 a kg in the last week of August while 40s compact sirospun yarn prices in Jiangsu were flat on the week.

Spun viscose yarn prices inched up in China while they were largely stable across Pakistan and India. In China, 30s yarns prices inched up while discussions for siro-spun 40s yarn rolled over last week’s numbers or just below, with lackluster liquidity. Core‐spun yarn offers ascended somewhat in Hubei while prices were stable in Fujian.

Related Keywords: rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price