In China, medium-length staple fiber prices in the fourth week of March rolled over in Yuan terms but fell US cents 2 a kg due to weak currency while cotton-type staple was down on the week.
Acrylic staple fibre spot prices were stable during the week in Asian markets. Buying interest of downstream mills remained subdued, reflecting lackluster outlook of yarn and fabric, without any bullish factors.
Texprocess, the leading international trade fair for processing textile and flexible materials, launches a Texprocess Pavilion at Techtextil India in Mumbai, from 13 to 15 September 2017. For the first time, international exhibitors of garment-manufacturing and textile processing technologies will have the opportunity to present their innovations under the Texprocess brand in India. The pavilion is organized by Messe Frankfurt India, a subsidiary of Messe Frankfurt.
The Jute industry in India due to lack of innovation and diversification is facing biggest bottleneck, as sacking still rules the market and manufacturers shy away from diversification because of the steady orders they procure from rice and wheat producing states and their lack of exposure to the exponentially growing global market for jute diversified products, said Chhabilendra Roul, additional secretary at the agriculture ministry's research and education department.
Commerce and Industries Department, Government of Manipur at the ongoing first Manipur Industrial Expo, 2016 with the active participation of about 600 enterpreneurs excluding 25 government department stalls, held at Lamboi Khongnangkhong, Imphal observed Textiles Day on the second day.
The ongoing expo is a platform to provide employment and generate income under the ‘Make in Manipur’ initiative, which aims to achieve the objective without any extra financial burden to the State.
The Maharam Design Studio recognized for its rigorous and holistic commitment to design as a leading provider of textiles to architects and interior designers has introduced a new range of upholstery textiles combining sustainable manufacturing with luxurious design and vibrant colours for dramatic commercial and residential interiors.
With needy spinners and mills showing interest in small deals, a slight improvement was seen on Tuesday at the cotton market. However, the spinners have failed to finalize deals in a huge way as the ginners have very little quantity of stock at present, dealers said.
The official spot rate remained unchanged at Rs 5,200 while in Punjab prices were at Rs 2400 and Rs 3000 and in the ready business, over 3,000 bales of cotton changed hands between Rs 5200 and Rs 5500
At a conference hosted by the Vietnam Textile and Apparel Association (Vitas) recently, economic expert said that Vietnamese businesses in the field of garment and textile material have been showing lack of interest due to low profit margin and long payback period.
They forecast that Vietnam now has 5,028 garment and textile businesses while the number of material suppliers is only 604. The material deficiency has created which is unlikely to improve in the next five years.
MaXD a Russia-based manufacturer of tailor-made clothes, which do not only look unique, but are produced using special textile printing technologies has decided to develop their own production of tailor-made clothes, which will stand out in the crowd.
The Prime Minister of Rwanda, Anastase Murekezi presenting the government's industrial activities to parliament on Monday unveiled textile development strategy as the government has committed itself to develop local textile firms and phase out second hand garments in the next three years.
To discourage consumption of imported products, the government has decided to increase taxes up to 100% on second hand products - especially garments and leather products - starting the next fiscal year until they get off the market.
Union Minister of State for Textiles (Independent Charge) Santosh Kumar Gangwar on Tuesday inaugurated Apparel and Garment Making Centre, one of the most ambitious projects launched in the textile sector by the government of India at District Industries Centre Complex, 6th Mile Dimapur in north eastern states. The project was inaugurated in the presence of State Chief Minister TR Zeliang and Additional Secretary Ministry of Textile, GoI Pushpa Subrahmanyam.
