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Related Keywords: announced state grant, chief minister, common amenities, entrepreneurs collectively interested, entrepreneurs to send suitable proposal, Jayalalithaa, marketing centres, project sustainability and feasibility, provide infrastructure, provision of electricity, set up micro textile units, teleconference facility, textile centres, water

Chief Minister Jayalalithaa has announced in the Assembly that State would grant Rs. 2.5 crore to provide infrastructure to those entrepreneurs who are interested to collectively come forward to set up micro textile units in textile centres.

This is to facilitate provision of electricity, water, construction of teleconference facility, marketing centres and common amenities in the micro textile parks set up out of the towns.

In Qianqing, offers for 32s polyester yarn prices inched up US cents 2 a kg in the second week of January on the upper end, and those for 45s rolled over on the week.

Spun polyester yarn markets in China were weakly stable, and some sporadic deals were concluded. 32s spun polyester yarn was mainly offered at a roll over in Qianqing. Offers of spun polyester yarns in Shengze were kept steady amid mute trading atmosphere that week.

Some producers shut down units as they held low enthusiasm, and they showed low interest to buy raw materials except some rigid demand.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Asian PTA markers fell US$18 a ton CFR China and CFR Southeast in the second week of January.

In China, offers for bonded goods on one-day trip from suppliers moved down continuously, while buying interest remained softened. Buying ideas stayed below US$540 a ton, with the discussion at a stalemate.

Yisheng Petrochemical’s prices ranged between US$547-565 a ton while Hengli Petrochemical issued self-lifting offers at US$565-600 a ton.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Related Keywords: affecting fiber manufacturer, cotton and polyester filament prices, decreased sharply, equal to total domestic investment, FDI has increased sharply, increase production of input material, plans a productivity increase, Vietnam textile and garment sector, Vietnam to attract other market, Vinatex, Vinatex remains pessimistic about the new year

Vietnam will be able to attract other markets only when Vietnam can increase the production of input materials said Hoang Ve Dung, deputy general director of Vinatex. Although Foreign direct investment in the textile and garment sector of Vietnam has increased sharply recently. A report shows that FDI capital registered in the last year reached $1.5 billion, equal to total domestic investment.

The Vietnamese textile and garment companies have to slash selling prices to compete with rivals from China, India and Malaysia.

Related Keywords: APTMA, custom duty on cotton, demands five percent rebate, demands wave off customs dutry, importers pay three percent, impose ten percent duty on import of artificial yarn and clothes, increase government finance, low cotton production, on cotton imports, on export of textile products, Textile Mills Association

All Pakistan Textile Mills Association (APTMA) in light of low cotton production has put forth the demands before the government to wave off customs duty on cotton imports and has also demanded a five percent rebate on export of textile products.

Currently the importers are paying three percent customs duty on cotton.

The textile mills association Chairman Tariq Saud said that at least 110 factories are shut at the time.

Related Keywords: bothe in Tamil Naud and other parts of the country, day trips to Kancheepuram, Explore textile trails, Kalakshetra, new revival of interest in traditional weaves, revival of Sungudi sari in Madurai, revive handmade Madurai Sungudi, Veeravanallur saris and Koranadu saris, vintage Kanjeevaram designs and Chettinad cotton

With the people of Chennai beginning to explore textile trails both in Tamil Nadu and other parts of the country, there is a new revival of interest in the traditional weaves of Tamil Nadu as a niche section of tourists make it a point to meet the artisans, according to travel agencies.

Related Keywords: expenses incurred on branding, GST levied on MRP, Indian textile industry, keep employment intensive industry, lowest slab of GST, multiple ill effects on entire sector, not on MRP, recommends levy of GST on exfactory price, room for periodic discount offers, transportation

The Indian textile industry has recommended the government to levy goods and services tax (GST) on ex-factory price, which is always much lower than the maximum retail price (MRP) as it would leave some leg room for periodic discount offers. It has also warned the government that if the GST is levied on MRP then it would have multiple ill effects on the entire sector.

Related Keywords: beddings, display latest innovative fancy yarns, fashion garments, fifteen companies, first appearance of Fancy Yarn Zone, increase in exhibitor numbers, interior design, National Exhibition and Convention Center, organizers increase amount of available hall space, strong momentum in the international yarn and fibre industry, Yarn Expo Spring

Yarn Expo Spring 2016, to see increase in exhibitor numbers as with still two months to go exhibitor number and the scale of the fair have surpassed the organizers’ expectation, and to accommodate the increased size, they have been obliged to increase the amount of available hall space by 40 percent. The fair will now occupy hall 5.1 of the National Exhibition and Convention Center (Shanghai) from 16 – 18 March.

The gross area of 14,000 sqm is an expansion of 40 percent from the 2015 Spring Edition (10,000 sqm, 238 exhibitors).

Related Keywords: boost garment export sector, boost Mayanmar garment industry, capacity building, EU funded project, first phase worked on technical support, focus on making social and enviromental improvements, local trade bodies, MGMA, next stage to work on sustainable production, Smart Myanmar, to start with second phase, transparency in procurment practice

Smart Myanmar is an EU-funded Switch Asia project focused on making social and environmental improvements in Myanmar's garment industry. An EU project aimed at boosting Myanmar's garment export sector has started its second phase with EU funding of €2.8million to the end of 2019.

Related Keywords: boost sagging exports, Centre to announce new textile policy soon, displaying over three hundred thirty brands, inaugurated by Kavita Gupta, latest and advanced products and services, National Garment Fair in Mumbai, NGF organised by Clothing Manufacturers Association of India, Textile Commissioner

Inaugurating the 62nd National Garment Fair in Mumbai on Wednesday, Kavita Gupta, Textile Commissioner, said that the draft of the new textile policy is ready and the Centre would be announcing soon the final version which will boost sagging exports and encourage investments in the sector.

The Textile Ministry would give full support to the industry in time of distress, Gupta said. Textiles and clothing exports were at $41.4 billion in 2014-15 and $39.31 billion in 2013-14. The slowdown in China is seen as an opportunity and is looking at $40 billion of textiles exports this fiscal.