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Related Keywords: apparel, carpets and rugs, craft and industrial textiles., current manufacturing operations, hosiery, Inc., including home furnishings and upholstery, Meridian Specialty Yarn group, MSYG, narrow fabrics, producer of package dyed, sewing thread, space dyed yarn, specialty yarn manufacturer, to invest for major expansion

Meridian Specialty Yarn Group, Inc. (MSYG), headquartered in Milwaukee, Wisconsin, United States, a leading specialty yarn manufacturer and producer of package dyed and space dyed yarn, is planning major expansion of their current manufacturing operations in Valdese, North Carolina. Meridian anticipates spending $8 million on the expansion.

Related Keywords: bed spread, cushion covers, export of lace products, garments and accessories, International Lace Trade Centre, lace makers, largest concentration of crochet and lace artisans, Ministry of Textiles and EPCH, Narsapur in Andhra Pradesh, one lakh home based women, table covers, table mats and napkins

The export of lace products from the International Lace Trade Centre (ILTC) will take a giant leap from the present Rs. 60 crore to Rs.500 crore in the coming five years, according to Development Commissioner (Handicrafts) K. Gopal, of Ministry of Textiles.

Related Keywords: create an environment congenial for growth, FICCI, fifth edition of Technotex, ideal podium for the exchange of ideasideal podium for the exchange of ideas, in area of technical textiles, make India manufacturing hub, Mumbai set to host, organized by government of India, premier show on technical textiles, under Make in India intiative

Mumbai is all set to host the fifth edition of Technotex 2016, India’s premier show on technical textiles, organized by the Government of India, in association with Federation of Indian Chambers of Commerce & Industry (FICCI) will be held in Mumbai in April 2016 with the objective to make India a manufacturing hub in the area of Technical Textiles, under the “Make in India” initiative of Government of India.

Related Keywords: coming up in Vidarbha at Hinganghat, First ever integrated textile park project, generate thousands of jobs, lead promoter, Mohotas into textile business, Prashant Kumar Mohota, provide fillip to cotton economy, SITP attracts forty percent funds by Centre, state government chipping nine percent, under SITP scheme, Wardha district

The first-ever Rs108 crore integrated textile park project with Prashantkumar Mohota as lead promoter will be coming up in Vidarbha at Hinganghat in Wardha district under the Central government scheme (SITP) which is expected to generate at least 1000 jobs and provide much needed fillip to the cotton economy of the region.

Although the main cash crop, cotton of Vidarbha has been in news more for driving farmers to suicide. But the reasons for cotton belt's growing distress is uncertainty over prices and inability to process raw cotton up to textile and garment stages to spur demand.

Related Keywords: agrotextile, Amended TUFS, capital subsidy for technical textile machinery, curtain raiser event of Technotex, geotextile, improving agricultural productivity, innovative technical textile products, Make in India, Minister of state for textiles, quality of output, Santosh Kumar Gangwar, special focus to techinical textile

Minister of State for Textiles (Independent Charge), Santosh Kumar Gangwar speaking at the curtain raiser event of Technotex 2016, held in New Delhi on Friday, said that a special focus has been given to technical textiles and has provided capital subsidy of 15 percent for technical textile machinery under Amended TUFS scheme.

The technical textiles can play an important role in the nation's social and economic fronts. As examples, Gangwar pointed out the applications of geotextiles in infrastructure and agrotextiles in improving agricultural productivity and quality of output.

Related Keywords: business community, currency fluctuations, EU Ambassador to Pakistan, improve export secenario to EU, invest in other areas, Jean Francois Cautain, look beyond textile sectors, low quality of exports, overdependence on textile, Pakistan share in EU market, Pakistani government, stagnant, textile exports registered decline

Pakistani government and the business community to improve the export scenario to EU need to look beyond the textile and leather sectors, invest in other areas, said European Union (EU) Ambassador to Pakistan Jean Francois Cautain while talking to The Express Tribune.

Cautain emphasised on breaking away from past trade stereotypes and explore opportunities in other sectors besides textile and leather, in a bid to take advantage of the GSP Plus scheme which came into effect from January 2014, Pakistan gained duty-free access to the EU on certain products.

Related Keywords: CITME, Fifth edition of ITMA Asia, green technologies, higher productivity, huge response from domestic, international textile machinery manufacturers, leading-edge industry platform, signing up to exhibit, space application for exhibition, strategic push for quality products, tap into growth opportunities in China, will close in February

The fifth edition of ITMA Asia plus CITME to be held at the new National Exhibition and Convention Centre (NECC) in Shanghai from 21 to 25 October 2016 has received a huge response from both domestic and international textile machinery manufacturers due to which space applications for the exhibition will close on 29 February 2016.

Almost 1,000 manufacturers have already applied for space, according to show owners, CEMATEX, China Textile Machinery Association (CTMA), the Sub-Council of Textile Industry, CCPIT (CCPIT-Tex) and China Exhibition Centre Group Corporation (CIEC).

Related Keywords: agricultural sector, cotton bales, custom duty, Ginners, hit domestic industry, import of cotton from India, local farmers, must continue for survival, opposes waiving off regulatory duty, Pakistan Cotton Ginners Association, Sales tax

Pakistan Cotton Ginners Association (PCGA) has strongly demanded that regulatory duty, sales tax and customs duty on the import of cotton from India should not be waived off and it must continue for the survival of local farmers as well as ginners.

The PCGA Chairman Nawab Shehzad Ali Khan said that Cotton economy was passing through the worst crisis of the history and they should avoid to benefit any stake holder at the cost of national economy and Prime Minister Nawaz Sharif should take notice of such proposals personally.

Related Keywords: at Premiere Vision Yarns, during Feburary, first smart cotton, introduced Ecotec, Italy based leading international textile company, made in Italy through a process, Marchi & Fildi, new generation of cotton yarns, officially debut, producer of both traditional and modern yarns, transforms hundred percent cotton pre-dyed textile clippings

Marchi & Fildi, Piedmont, Italy based leading international textile company that produces both traditional and modern yarns made from materials such as wool, cotton, flax and silk has introduced Ecotec, the first smart cotton to the market as a new generation of cotton yarns which will make its officially debut during the February 2016 edition of Première Vision Yarns to be held in Paris.

Ecotec, smart cotton is made in Italy through a process that transforms 100 percent cotton pre-dyed textile clippings into high-quality cotton yarns.

Related Keywords: boost production and development, Huntsman Textile Effects, import value of textile-garment accessories, investors, meet domestic market demands, supplier of dyes and chemicals, Trans Pacific Partnership, US inflow of investment, Vietnam Cotton and Spinning Association, Vietnam textile and garment sector, warehouse

Vietnam has seen significant inflow of investment from the US in its textile and garment sector in recent years, one of the many US investors is Huntsman Textile Effects, a supplier of dyes and chemicals under the US-based Huntsman Group, in anticipation of the potential from the Trans Pacific Partnership (TPP).

Huntsman’s warehouse located in the Long Binh Industrial Park in the southern province of Dong Nai after only six months of operation since its opening in mid 2015 is operating at its full capacity of 250,000 tonnes.