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FOSTTA opposes 2% excise duty on saris, dress materials

Related Keywords: Central Excise and Customs department, dress material, FOSTTA, fresh circular issued, meeting of textile traders, on saris, oppose two percent excise duty tax net, retail price above thousand rupees, salwar suit, sold under brand name

The Central Excise and Customs department has issued fresh circular that the saris, salwar suit and dress materials sold under the brand name and having retail prices above Rs 1,000 will come under the 2% excise duty tax net which is strongly opposed by the Federation of Surat Textile Traders Association (FOSTTA).

SP Apparels plans to add 70 more Crocodile retail outlets in next 3 years

Related Keywords: add spinning capacity, brand Crocodile, expansion of Crocodile retail outlets, investment in processing and knitting, manufacturer and exporter of knitted garments, modernize textile mills, retail menswear garments, S P Apparel

S.P. Apparel, a leading manufacturer and exporter of knitted garments for infants and children in India and also have retail menswear garments in India under the brand ‘Crocodile’ is looking at adding spinning capacity and modernize its textile mills to cater to captive requirements and also make investment in processing and knitting, and expansion of Crocodile retail outlets, said Chairman and Managing Director R. Sundararajan on Friday.

Chinese textile firms keen to establish JVs with Pakistani companies

Related Keywords: becoming uncompetitive, Chinese labour intensive industries, Chinese textile firms keen to establish joint ventures, focusing on research, high production cost, no information of import patterns in China, Pakistan Hosiery Manufacturers Association, Pakistani companies, shifting manufacturing to other locations, textile value-added sector

Chinese textile firms showing keen interest to establish joint ventures with Pakistani companies, as China’s labour intensive industries were becoming uncompetitive due to high production cost, which is why they were shifting manufacturing to other locations and focusing on research, according Ahsan Iqbal, federal minister for planning, development and reform.

The minister at a meeting with the members of the textile value-added sector, said that if they are able to have joint ventures with them, it will benefit the businessmen of both the countries.

India set to achieve USD48.5bn target for textile sector this FY

Related Keywords: China share in global export, estimated to decrease, including India to increase exports, Indian exporters edged out of traditional markets, open opportunity for other exporting nations, plan to achieve target, special package announced, textile and apparel, textile sector

With China’s present share in global export of textiles and apparel estimated to decrease from 40% to 33% by 2025 which is likely to open an opportunity of more than US$ 150 billion for other exporting nations including India to increase its exports.

India has mapped strategy to achieve the target of US Dollar 48.5 billion for textile sector in current financial year by announcing the special package of Rs 6,000 crores which will boost the employment generation and export of textile and apparel.

Bohempia focus to get back hemp into the Czech textile business

Related Keywords: Bohempia produces T-shirts, brainchild of textile machinery expert Tomáš Rohal, bring back Hemp, compete with cheap textile imports, Czech textile business, environmental friendly, expand its line to hemp jeans, gloves, newly-established Czech firm Bohempia, replaced by cotton, socks, towels and even a hand-made line of hemp sneakers

A newly-established Czech firm Bohempia, the brainchild of textile machinery expert Tomáš Rohal aims to bring hemp back into the Czech textile business. Rohal has decided to set up an entirely different business, environmentally friendly with a stamp of its own that could compete with cheap textile imports from the East because it offered added value. Hemp would be a secret to success.

All of Bohempia’s products are made of hemp - T-shirts, socks, gloves, towels and even a hand-made line of hemp sneakers and is currently aiming to expand its line to hemp jeans.

Textile Minister to launch Selfie with Handloom campaign

Related Keywords: a buyer-seller meet, adopted popularly high-end fashion brands and designers, boost popularity of handloom made cloth, ecommerce platforms, extensive sale of handloom, failed to make a cut with common man, launch campaign Selfie-with-Handloom, Newly-appointed Union Textile Minister Smriti Irani, other articles, to unveil varied campaigns

The newly-appointed Union Textile Minister Smriti Irani to boost the popularity of handloom made cloth and other articles which have failed to make a cut with the common man will be unveiling varied campaigns. As, at present, handloom-made cloth and other articles have been adopted popularly more by high-end fashion brands and designers only.

SIPCOT to start work on textile Park at Irur by October

Related Keywords: attracted a large number of entrepreneurs, demand for allocation of five acres for producing readymade garments, export oriented readymade garments units, park not to handle dyes and chemical, production of yarn, set up T-shirt manufacturing units, SIPCOT, Textile Park at Irur village, textile park proposal, work to start by october

The construction of the Textile Park at Irur village on the Tiruchi-Perambalur National Highway to start by October as all the preliminary works have been taken up for the transfer of land to the State Industries Promotion Corporation of Tamil Nadu (SIPCOT).

The textile park proposal has attracted a large number of entrepreneurs, with as many as 31 entrepreneurs from different parts of the State expressing interest to set up their units. One of them has demanded allocation of five acres for producing readymade garments.

African countries invite Coimbatore investors to tap unexplored potential

Related Keywords: Agriculture, Confederation of Industry, cotton, diplomats of seven African countries, Foreign direct investment, industrial parks, invest in sectors of textile, invited trade and industry, land of unexplored potential, textiles and apparel industries

Diplomats of seven African countries, Mali, Tanzania, Ethiopia, Uganda, Zambia, Botswana and Mauritius speaking at a meeting organized by the Confederation of Industry in Coimbatore on Thursday on Africa Seminar Series – the Land of Unexplored Potential, invited the trade and industry in Coimbatore region to invest in their countries, especially in sectors such as agriculture, textiles, energy, and education.

Fiberweb India bags export order worth Rs 12.10 cr from USA

Related Keywords: break through in competitive market, Fiberweb India, imported from Exxonmobil, manufacturer and exporter, preparing innovative converted products, Raw Material Polypropylene, received export order, research and development, Spun bond nonwoven fabrics, state of the art manufacturing unit, Technical textile, worth rupee twelve crore from USA

Fiberweb (India), a manufacturer and exporter of Spun Bond Nonwoven Fabrics (Technical Textile) due to various research and development done by the company on its product and also preparing innovative converted products, it has been able to break through in the competitive market. The company has received export orders worth Rs 12.10 crore from U.S.A.

Denim Première Vision 2016 returns to Paris this November

Related Keywords: Denim Premiere Vision, driving force for international denim community, global denim market, leading denim supply show, major fashion players, next edition in Paris, Paris fashion capital of the world, strong international network

The leading premium denim supply show, Denim Premiere Vision, since its creation in 2007 has affirmed itself as a driving force for the international denim community. The next edition of Denim Première Vision, in November 2016, invests in a new Parisian space, the Paris Event Center (PEC), after five editions in Barcelona where the event took on a new dimension.

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