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International Ethnic Week 2016 to take place in Greater Noida

Related Keywords: bring in varied business interests to the city, domesitc and international buyer to attend, Greater Noida to host textile exhibition, Hitesh Jain co founder, International Ethnic week, organized by Surat Dreams, promote Indian textile brand value, showcases a high profile fashion show, textile exhibition, textile manufacturer

The textile exhibition titled International Ethnic Week 2016; organized by Surat Dreams the second edition to take place this time in Greater Noida, the first edition was held in Goa. Greater Noida will host a textile exhibition where about 2500 domestic buyers and nearly 500 international buyers are expected to attend the exhibition and touted to bring in varied business interests to the city.

The event also showcases a high profile fashion show where top models from the fashion fraternity will adorn latest ensembles from the ethnic couture.

Sigmatex to show range of textiles in primary and enduse form at JEC World

Related Keywords: celebrating thirty year in composites, composite material application, composite textile solution, develops and manufacturers carbon fibre textiles, display range of textiles in primary form and end use commercial products, exhibit its latest range of innovative, JEC world, leading independent converter of carbon fibre, Sigmatex

Sigmatex is the world’s leading independent converter of carbon fibre that develops and manufactures carbon fibre textiles for composite material applications. Celebrating its 30th year in composites, Sigmatex will be exhibiting its latest range of innovative composite textile solutions at JEC World.

JEC World 2016, the largest international gathering of composites professionals to take place in Paris from 8th March to 10th March.

5 more day open for registration at Happening Haryana meet 2016

Related Keywords: abroad have given their consent to participate. NRIs with roots in Haryana, additional eight hundred and thirty six companies from India, egistration open for five more days, first state investors summit, Happening Haryana meet, hel in Gurgaon, host fourteen sectoral sessions, numbers of delegates is expected to rise

Registration is open for five more days for the ambitious first state investors' summit to be held in Gurgaon on March 7 and 8. Till now, as many as 901 delegates - 823 domestic and 78 international – have registered with the state government for participation in 'Happening Haryana' meet 2016.

The numbers of delegates is expected to rise further. As a further 836 companies from India and abroad have given their consent to participate in it.

TEA urge to include speciality fabrics under customs duty free import

Related Keywords: enhance the growth and competitiveness, hailed the announcement of exemption from payment of basic customs duty, help for growth of RMG, include additional specialty fabrics, on import of specified fabrics, provide more employment to workers, Tirupur Exporters Association, under customs duty free import, urged Finance Minister Arun Jaitley

Tirupur Exporters' Association on Tuesday thanking Finance Minister Arun Jaitley for presenting a ‘pragmatic budget’ giving more emphasis and focus to development of rural and agriculture also urged Jaitley to include additional specialty fabrics under customs duty free import.

As the potential to increase the readymade garment (RMG) exports lay on export of synthetic garments which has market throughout the year globally, the additional inclusion of more specialty fabrics will be helpful to enhance the growth and competitiveness.

Vietnam need to seek foreign investment to develop domestic suppliers

Related Keywords: create opportunities and conditions, develop domestic suppliers of parts or material for manufacturing, developing markets to garment, free trade agreements, leather and footwear industries, origin rules for textile and garments, seek foreign investment, take advantage of the FTAs, Textile, Turkey have promoted investment in garment industry

Free trade agreements (FTAs) to create many opportunities and conditions in developing markets to garment, textile, leather and footwear industries as well as challenges due to origin rules for textiles and garments, said Ho Thi Kim Thoa, deputy minister of industry and trade.

Meanwhile, Phan Chi Dung, deputy head of the light industry department, said the textile, garment, leather, footwear, milk and paper industries have seen large billings for their exports, but materials for their production have been mainly imported.

Russia and Pak accelerate bilateral trade relations

Related Keywords: Alexey Y Dedov, Ambassador of the Russian Federation, export of textile products, Faisalabad chamber of commerce and Industry, giving quantum jump to bilateral trade, growing satisfactorily, joint venture in textiles, need to play role, Pakistani exporters, private sector of two countries, trade relations between Pakistan and Russia

Alexey Y Dedov, Ambassador of the Russian Federation while addressing a function organized by Faisalabad Chamber of Commerce and Industry (FCCI), which was also attended by leading industrialists, traders and exporters of the city said that the trade relations between Pakistan and Russia are growing satisfactorily at the government level. However, the private sector of two countries need to come forward to play role in giving a quantum jump to the bilateral trade.

Diverse reactions on budget 2016 by textile sector

Related Keywords: basic customs duty, brings diverse reaction from textile sector, certian fabrics for export of garment, CITI, duty free import, excise duty, Indian Texpreneurs Federation, manufacture of garments for exports, SIMA, TEA, Technology Upgradation Fund Scheme, Texprocil, Union budget for textile industry

The Union budget 2016 for the textile industry brings diverse reaction from the textile sector. According to Tirupur Exporters’ Association, president A. Sakthivel, the budget have brought cheer to textile manufacturers in the State as funds have been allocated for Technology Upgradation Fund Scheme and basic customs duty has been exempted for import of specified fabrics (for manufacture of garments for exports) of value equivalent to one percent of FOB value of exports in the preceding financial year, which will give a boost to garment manufacturers in the State.

Govt invites entries for outstanding contribution in handloom

Related Keywords: confer national awards for excellence, design development, Eligible categories for awards, individual designer, Institutions including NGOs working in the hand loom sector, invited entries, marketing of handloom products, Ministry of Textiles, Primary coopera, starting this year

The Ministry of Textiles has already been conferring Sant Kabir Awards, National Awards and National Merit Certificates to handloom weavers for excellence in the field of handloom sector. But starting this year, the government of India will confer national awards for excellence in design development and marketing of handloom products for which entries has been invited, this was informed by Ministry of Textile in a press release on Tuesday.

MEG price gains across all regions

Asian MEG markers were up US$37 a ton CFR China and CFR South East Asia in the third week of February.

In China, offers jumped straight to US$660 a ton, and bids followed up to about US$630 a ton.

Mono ethylene glycol prices jumped notably after the holiday buoyed by the restocking requirement in Asian markets and recovering from a downward trend during the holidays.

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

Paraxylene price jumps in Asia, Europe

Asian paraxylene prices gained US$8 a ton FOB Korea and CFR Taiwan/China in the third week of February.

Paraxylene prices rose sharply opening the week only to give back all the gains midweek although crude oil prices declined. However, the inched up more than US$10 a ton on the last two days of the week after oil price rose sharply on Wednesday.

In Europe, spot followed Asian values and mainly remained under fluctuation. Limited production also supported spot market as high mixed xylene premium over gasoline narrowed the spread between mixed xylene and paraxylene.

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

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