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Related Keywords: China cotton reserve auctions, cotton cultivation, Cotton market, Cotton prices recover, government announce a comprehensive cotton policy, official spot rate recovered majorly, PCGA, ready business, save textile industry, short supply position, spinner indulged in forward buying

With spinners getting indulged in forward buying amid short supply position, prices recovered on the cotton market on Friday, dealers said. In the ready business, around 5000 bales of cotton changed hands between Rs 4500-6000 while in the Punjab, prices showed no change at Rs 3100 and Rs 3400. The official spot rate recovered majorly from Rs 100 to Rs 5,650.

Related Keywords: Ambassador of the Kingdom of Thailand, bilateral trade, called on Suchart Leingsaengthong, delegation of ICCI, great potential to offer, improve connectivity between private sectors, increase import of textiles products from Pakistan, making efforts to sign a FTA, Pak Thai trade relation, Pakistani textiles very popular in Thailand

As Thailand considers Pakistan an important country for strengthening economic cooperation as both countries has great potential to offer a lot to each other. A delegation of Islamabad Chamber of Commerce and Industry, led by its president Atif Ikram Sheikh, called on Suchart Leingsaengthong, Ambassador of the Kingdom of Thailand, and discussed various options for further enhancing trade relations between the two countries.

Related Keywords: Archroma, continuous improvement through this initiative, gain access to Archromas Center of Excellence in Karachi, global lead in color and specialty chemicals, hands-on training programs, impart latest knowledge, inked MoU, technical developments to students, Textile Institue of Pakistan

Archroma, a global leader in color and specialty chemicals has inked a Memorandum of Understanding (MoU) with the Textile Institute of Pakistan (TIP). The MoU was officially signed at a ceremony held in Karachi on May 9, 2016 in the presence of Thomas Winkler, President Textile Specialties & Innovation, Archroma, and Humayun Zafar, President, Textile Institute of Pakistan, along with other faculty members.

Related Keywords: boost production, briefed Union Textiles Minister, Chaudhary Lal Singh, Ecology and Environment, enhance funding for modern looms, increase number of weaver training centres, Kashmir Kani shawls, lack of sufficient raw material, Minister for Forest, provide sufficient and improvised machines, state crafts, world famous Basholi Pashmina shawls

Chaudhary Lal Singh, Minister for Forest, Ecology and Environment, met Union Textiles Minister Santosh Kumar Gangwar at New Delhi to brief about the state crafts in general and the world famous Basholi Pashmina shawls and Kashmir’s Kani shawls.

Lal Singh apprised Gangwar of several issues envisaging further boost to these world famous craft besides raising certain problems being faced by the weavers of the State.

Related Keywords: addition of new plants in Ungaran and Demak, construction of three garment factories on track, Eco smart garment Indonesia joint venture project, increase to more than 100 million garments a year, Japanese conglomerate Mitsubishi, largest textile and apparel exporters, Pan Brothers, start production early next year, total production capacity

Eco Smart Garment Indonesia joint venture between Pan Brothers, one of Indonesia's largest textile and apparel exporters and Japanese conglomerate Mitsubishi for the construction of three garment factories is on track and expected to start production early next year.

The construction setback at Eco Smart Garment Indonesia was only for a short period and [the plants] will be operational in the first half of 2017, said Pan Brothers.

Related Keywords: approves establishment of training institution, boost local clothing and textile sector, Botswana Qualifications Authority, BQA, hands on learning, provide face toface teaching, shortage of skill had negaive impact on the field, Textile and Clothing Institute of Botswana, workforce development

The Botswana Qualifications Authority (BQA) has approved the establishment of a training institution called Textile and Clothing Institute of Botswana (TCIB) the first of its kind in the country which will give a boost the local clothing and textile sector as shortage of skill has had a negative impact on the field for many years.

Shahid Ghafoor, president of the Botswana Textile and Clothing Association, said that TCIB was offering one-year certificate courses in clothing manufacturing in a wide variety of skills.

Related Keywords: attracting orders, biggest beneficiary from TPP and other FTAs, Cambodia enjoys zero percent tariff, experiencing tough day, orders for second quarter lower than predicted, orders moved from Vietnam to Myanmar and Laos, Vietnam textile and garment industry, Vietnam-EU FTA not taken effect

Vietnam textile and garment industry believed to be the biggest beneficiary from TPP and other free trade agreements (FTAs), are experiencing tough days as orders have moved from Vietnam to Myanmar and Laos. According to Pham Xuan Hong, chair of the HCMC Textile, Garment, Knitting and Embroidery Association, the orders for the second quarter of the year have come, but the number is lower than predicted.

Related Keywords: access facilities such as Weavers Service Centres, among youth, enable innovation in fashion industry, entered into joint partnership, handloom clusters, Ministry of textile, NDTV Ethnic Retail Ltd, popularize Indian handloom brand, promote traditional handwoven products, support fashion industry

As part of government’s efforts to promote and popularize Indian Handloom brand among the youth and support the fashion industry. The Ministry of Textiles has entered into joint partnership with NDTV Ethnic Retail Ltd. This was announced by the Centre on Thursday.

Related Keywords: business hardly meeting sustenance, compounded woes of textile processing units, directly affected workers, market-linked problems, owners have reduced production considerably due to water scarcity, Sircilla textile units, water shortage in Sircilla

The water shortage in Sircilla has only compounded the woes of the textile processing units already in crisis due to multifaceted problems. This has directly affected the workers whose chances of getting regular work has already shrunk. Sircilla, once the richest town in Karimnagar district with handlooms, power looms and textile processing units whirring round-the-clock. There were over 100 units a decade ago, but hardly 70 are surviving now with only 25 to 30 functioning with business hardly meeting sustenance, said T. Damodar, a processing unit owner.

Related Keywords: Ambassador of Romania, Dean of EU, Emilian Ion, is great potential to increase the volume, Pakistan-Romania Friendship Association, Pakistani products very popular in European market, promote bilateral cooperation in trade, Romania highly interested in developing Pakistan textile industry, still room to build cooperation between two countries

Emilian Ion, Ambassador of Romania who is also Dean of the European Union said that the historical relation between Pakistan and Romania established in 1964 required more concentrated efforts to work together at all levels and promote consolidate bilateral cooperation in the political, economic, trade and cultural areas. To enhance and strengthen relations between Pakistan and Romania, the ambassador enlightened that there was still room to build cooperation between both the countries.