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Related Keywords: All Industry Rate of Duty Drawback for non-fabric inputs on exports, announced Special Advance Authorization scheme, boost apparel exports, effect from first September, exporters are entitled, for fabrics including inter-lining on pre-import basis, Indian textile and apparel exports, scheme allowing duty-free import of fabric

As India expects its textile and apparel exports to touch USD 50 billion mark this fiscal from USD 38 billion in 2015-16. The Union Cabinet recently approved a Rs 6,000-crore package for the textiles sector with an aim to create one crore new jobs in three years and attract investments of USD 11 billion.

To further boost apparel exports, government has announced a ‘Special Advance Authorization’ scheme allowing duty-free import of fabric which will come into effect from September 1.

Related Keywords: boost silk industry in Rwanda, focus on production of raw silk, Heworks Rwanda Silk Ltd, improve silk production, Korean-based private company, National Agriculture Export Board, purchasing of fresh cocoons, signed MoU, silk yarn and other silk products

The National Agriculture Export Board (NAEB) and Heworks Rwanda Silk Ltd, a Korean-based private company have signed an MoU to improve silk production and boost silk industry in Rwanda. According to the 10-year MoU signed on Tuesday to focus on the production of raw silk, silk yarn and other silk products as well as purchasing of fresh cocoons produced from sericulture farmers by the Korean company.

Related Keywords: adapting polyester production technologies, Athleisure type fashionable sportswear, Deltapeak, developed new nylon based materials, fiber products converting company, new knitted nylon, new nylon fiber, plans to release in sportswear and outdoor applications, related textiles, Teijin Frontier Co. Ltd., Tokyo-based Teijin Group, WAVERON

Teijin Frontier Co. Ltd., the Tokyo-based Teijin Group’s fiber products converting company, has developed new nylon-based materials and related textiles by adapting the company’s well-established polyester production technologies for nylon materials.

The newly developed products offer the high functionality of polyester products such as lightweight, moisture management, anti-transparency, and softness — while retaining the characteristics of nylon fiber produced by Taiwanese nylon manufacturer Chain Yarn Corporation

Related Keywords: allied service, boost export of value-added sector, collaboration with Ecommerce Gateway, embroidery, garment, held in Lahore by PRGMEA, International textile asia exhibition, latest garment technology, Punjabs biggest B2B textile, trade fair

The 16th International Textile Asia Exhibition in collaboration with Ecommerce Gateway to be held in Lahore by the Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) from 27th August. The trade fair is termed as the Punjab's biggest B2B textile, garment, embroidery and allied service.

PRGMEA is taking steps to boost export of value-added sector by bringing latest garment technology at door step and this activity is being done to facilitate the exporters of Faisalabad, Multan as well as Sialkot, said PRGMEA Chief Co-ordinator, Ijaz Khokhar.

Related Keywords: celebrate rich heritage of crafts and textiles from northeast India, collaboration with Northeast Fashion and Design Council, fashion destination Ogaan, Lakme fashion week, launched Sustainable Fashion and Indian Textiles initiative, linke northeast textiles, Made in Assam intiative, mainstream designer retails market, tribal women weavers

Lakmé Fashion Week (LFW) this time had a special unveiling of ‘Made in Assam’ initiative in collaboration with the Northeast Fashion and Design Council (NFDC) as part of the theme this season to celebrate northeast India's rich heritage of crafts and textiles. The initiative is also to link northeast textiles to mainstream designer retail market.

LFW also launched a Sustainable Fashion and Indian Textiles initiative for its Winter/Festive 2016 season with fashion destination Ogaan. OGAAN brings together the biggest names in Indian fashion, with new, emerging talent.

Related Keywords: accounts industrial output, export earnings, export of readymade garments and made-ups, increase dependency on US markets, Indian textile and clothing sector, post-Brexit turmoil in Europe, provides livelihood support, the US most important export market, TPP hurt Indian trade, Transpacific Partnership Pact, Yarn forward rule

Textile and clothing sector accounts for roughly 5 percent of India’s GDP, 15 percent of its industrial output and export earnings and provides livelihood support to 55-60 million people directly or indirectly. With India not a party to the Transpacific Partnership Pact (TPP) comprising Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the US. TPP will hurt India’s trade with its most important export market — the US.

In Shengze, offers for 32s polyester yarn were unchanged in the last week of July and 45s were stable on the week.

Polyester spun yarn prices were stable in China, India and Pakistan that week, although cotton yarn prices surged significantly. In Shengze, markets were stable and offers for spun polyester yarn 32s and 45s were flat amid moderate demand.

In India, prices of polyester yarn were kept steady that week in spite of lackluster sales situation. Polyester yarn 30 knit yarn prices were flat in Ludhiana market and steady in Indore.

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 markers were down US$3 a ton CFR China and CFR Southeast Asia in the last week of July. In China, offers fell gradually to below US$610 a ton, and counter offers fell below US$600 a ton, with discussions stalemated.

Yisheng Petrochemical’s offer were at US$610-615 a ton while Hengli Petrochemical issued self-lifting offer were at US$630-640 a ton.

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

Related Keywords: All competitors use cotton strings made in Bareilly, arrival of Chinese manja made of fine nylon, ban Chinese manja, Bareilly, cotton manja market, Delhi government decision, for kite flying, industry shrink rapidly, manja city, manufacture world-famous cotton string, traditional centre

Bareilly has been the traditional centre for manufacture of the world-famous cotton strings for kite flying also once know as the ‘manja city’. In fact, it is an over 200-year-old traditional business for many here. With the arrival of Chinese manja made of fine nylon in 2011, the industry began to shrink rapidly. It became difficult for workers engaged in making of cotton manja to make ends meet.

Related Keywords: AIMIM, anti-dumping duty, Bhiwandi Powerloom Federation, cost of grey fabrics produced going up, Demand to remove anti-dumping duty on yarn, forced to buy expensive yarn, FOSTTA, impose a duty on import of fabrics, local textile industry, Make in India policy, MIMA, proving disastrous, raised from various circles

Demand to remove anti-dumping duty on yarn is being raised from various circles including Federation of Surat Textile Traders Association (FOSTTA), Malegaon Industries and Manufacturers Association (MIMA), Bhiwandi Powerloom Federation and other organisations working for the industry. Also Hyderabad MP and All India Majlis-e-Ittehadul Muslimeen (AIMIM) President Asaduddin Owaisi making a strong appeal to the government to remove anti-dumping duty on synthetic yarn, on Wednesday said that the government's 'Make in India' policy is proving disastrous for the local textile industry.