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Related Keywords: becoming a new market for high-end fashion, brands like Exception de Mixmind, China, creations top fashion designers from China, Farina.Z. Mention, Jefen, lacks name brands of its own, low and medium end products, worlds biggest textile manufacturer

China as the world's biggest textile manufacturer, especially in low- and medium-end products is also becoming a new market for high-end fashion, but it lacks name brands of its own. However brands like Exception de Mixmind, Jefen, Farina.Z. Mention few people would recognize are creations of the country's top fashion designers. In fact, factories in China churn out clothes for many international brands, including major top-end lines.

Related Keywords: accelerate export growth rate, achieve the textile export target, AEPC, Apparel Export Promotion Council, boost exports, facilitating availability of raw material, planning roadmap, preferential markets, prepare a strategy, take steps like tapping new markets

Apparel Export Promotion Council (AEPC) to boost exports is planning roadmap and would prepare a strategy to accelerate export growth rate in preferential markets for which it will take steps like tapping new markets and facilitating availability of raw material.

AEPC Chairman Ashok G Rajani said that the council would also work to achieve the textile export target of USD 30 billion.

Related Keywords: did not receive any major FDI projects, last year sector attracted up to USD one billion in FDI, Polytex Far Eastern Taiwan and Worldon ViệtnNam Hong Kong, previously two years of surging investment, take advantage of opportunities presented by new FTA, three major projects including Hyosung Đồng Nai, Turkey, Vietnam garments and textiles sector

Vietnam’s garments and textiles sector this year did not receive any major FDI projects in the face of previously two years of surging investment in the industry. Alone last year, the sector attracted up to $1 billion in FDI for three major projects including Hyosung Đồng Nai (Turkey), Polytex Far Eastern (Taiwan) and Worldon ViệtnNam (Hong Kong).

According to Nguyễn Hồng Giang, general secretary of ViệtnNam Cotton and Spinning Association, the year 2015 marked a record high for investment in the sector as investors wanted to take advantage of opportunities presented by the new FTAs.

Related Keywords: featured many side shows, geometrics, including catwalk events with music and entertainment in the city, Knitwear interpreted with patterns in intarsias, launching new projects in men fashion, main bulk of fashion collections, men clothing and accessory collections, one of the worlds important platforms, Pitti Uomo, stripes

At Pitti Uomo 90, one of the world’s important platforms for men’s clothing and accessory collections and for launching new projects in men’s fashion held in Florence, at the Fortezza da Basso this June featured many side shows, including catwalk events with music and entertainment in the city, as well as the main bulk of the fashion collections in the various halls of the Fortezza da Basso.

Asian MEG prices fell US$7 a ton CFR China and CFR South East Asia in the third week of June. Mono ethylene glycol prices fell on the week on negative outlook and futures in the first three days of the week but shored up by active buying week-end as traders sought to cover some short positions for H2 June and H1 July.

In US, MEG spot slips on bearishness in Asia while spot supply showed some signs of tightness, but demand to export was not strong enough to significantly impact the market. US spot MEG fell US cent 0.75 per pound FOB USG on the week.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian paraxylene markers were down US$18 a ton FOB Korea while CFR Taiwan/China lost US$18.50 a ton in the third week of June.

Paraxylene prices in Asian markets declined on the week as upstream cost softens simultaneously with weakening demand from PTA makers amid increased supply. In China, Hanbang shuts its PTA plant while South Korea’s May exports rose 34% on the month.

Related Keywords: paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PX price

Related Keywords: a mega trade show, CMAI is organizing The National Garment Fair, current fiscal, expected to reach to USD twenty billion, helped by new initiatives announced by the government, inclusion of state-level taxes in the computation of duty drawback, Indian garment export, major relief to the exporting segment, special package

Garment export of India estimated at $16.80 billion now, expected to reach to $20 billion (nearly Rs 1.33 lakh crore) during the current fiscal, helped by the new initiatives announced by the government for the sector, an industry official said.

The Union Cabinet last week approved a Rs 6,000 crore special package for textiles and apparel sector with an aim to create one crore new jobs in three years and attract investments of $11 billion with an eye on $30 billion in exports.

Related Keywords: as textile brand of Raymond, enter into FMCG category, existing brands like Park Avenue, FMCG portfolio get extended to new markets, Giriraj Bagri, heritage brand, mandate to develop fabric and apparel brand of Raymond, new President and Group CEO for FMCG, Premium, Raymond, ready retail network, textile major, True Tone and Kamasutra

Raymond, textile major has decided to enter into the FMCG category with its heritage brand. The mandate to develop the fabric and apparel brand of Raymond into a slew of FMCG products in addition to its existing brands like Park Avenue, Premium, True Tone and Kamasutra is been given to its new President & Group CEO for FMCG, Giriraj Bagri.

Related Keywords: advises Arunachal Pradesh to submit a detailed project report, assured funds by Centre, establish weaver service centre, establishment of textile park, inaugurate garment manufacturing unit at Pasighat, NETP Scheme, permission for single brand, proposal for textile tourism, Santosh Kumar Gangwar, Union Textile Minister

Union Textile Minister Santosh Kumar Gangwar advises government of Arunachal Pradesh to submit a detailed project report (DPR) for establishment of a textile park in the state at the earliest, during his meeting with Deputy Chief Minister Kameng Dolo.

He said that the Centre has assured funds for setting up a textile park in Arunachal Pradesh and the state government would be informed as and when the proposal would be cleared by the ministry.

Related Keywords: developmental packages for textiles, establishment of a textile parks, garment manufacturing units in India, North Eastern Textile Promotion Schemes, Textile and Handicrafts portfolio, textile and handloom sectors, Textile Minister of India, weaver service centre, weavers of Arunachal

Union Textile Minister Santosh Kumar Gangwar has assured Arunachal Pradesh of funds for establishment of a textile park in the state.

In an official release yesterday, Gangwar gave assurance to Deputy Chief Minister Kameng Dolo for a textile park.

It said that the state government would be informed as and when the proposal would be cleared by the ministry, Gangwar advised government (of Arunachal Pradesh) to submit a detailed project report (DPR) at the earliest.