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Related Keywords: facilitates direct contact between buyers and weavers, Katra, marketing support, organized by the State Handloom Development Corporation Limited, Poshish, promoting state’s traditional handloom products, Special Handloom Expo, Spititual Growth Centre, sponsored by Development Commissioner, Union Ministry of Textile

Special Handloom Expo- 2016 at Spiritual Growth Centre, Katra organized by the State Handloom Development Corporation Limited (Poshish) and sponsored by Development Commissioner, Union Ministry of Textile, was inaugurated by Managing Director, State Handloom Development Corporation, Anal Kumar Gupta, yesterday.

Related Keywords: excellent technical capability, eye toward boosting US bound shipment, ian country, install production line, Kuraray Trading, Vietnamese workers

Vietnam attracting a flood of overseas investment, among them is Japanese textile companies as many of these manufacturers are hoping to get a boost from the proposed Trans-Pacific Partnership free trade agreement -- to which Vietnam is a party -- and is ramping up production and exports in the Southeast Asian country with an eye toward boosting U.S.-bound shipments.

For textile companies, the excellent technical capability of Vietnamese workers is a big drawing point, even if the labor costs are higher than those in Bangladesh and Myanmar.

Related Keywords: announced by former Chief Minister Vijay Bahuguna, applied to establish their units, central government, completed in current year, established in joint venture, industrialist and state government, land earmarked, long promised textile park at SIDCUL, seven textile manufacturers, Sitarganj, textile will create jobs

The long promised textile park at SIDCUL, Sitarganj to be completed in the current year for which over 103 acres land have been earmarked, said NK Koranga, DGM, SIDCUL, at Rudrapur today.

The establishment of the textile park at the Sitarganj SIDCUL in 2012 had been announced by the Former Chief Minister Vijay Bahuguna. While the foundation stone for the textile park had been laid by Union Textile Minister Anand Sharma in the presence of Bahuguna.

If the park is established well, every company will create over 3,000 jobs.

Related Keywords: . B-Twill sacking bags, Centre contemplating decrease in subsidy, golden fiber, governement set to 'cap' prices of raw jute, higher burden of subsidy, Jute Commissioner, jute cultivation, Jute Industry, on rise, one cheapest items India produces, price of jute produce, raw jute, shortage in production

The jute cultivation and jute industry that faced huge losses and shortage in production due to floods in West Bengal last year is a cause of concern for the government as the price of jute, that is one of the cheapest items India produces, is on rise, said a senior official in the Ministry of Textiles.

Raw jute prices have already touched an unprecedented high of Rs 54,000 a tonne, twice the level of Rs 27,000 per tonne in the year-ago period. Mill owners and traders feel commercial intervention by JCI would spike raw jute prices to the level of Rs 60000 a tonne.

Related Keywords: attract global market, Buyer Seller meet in Malegaon, called for Make in Malegaon campaign, competitive market, create own brand, earn identity and reputation, entrepreneurs, grey and ready-to-wear fabrics, local weavers, Maharashtra Minister of State for Co-Operation, modern textile processing units, push local textile products

Maharashtra Minister of State for Co-Operation Dadabhau Bhuse inaugurating a Buyer-Seller meet in Malegaon on Friday urged the local weavers and entrepreneurs to create own brand so as to earn identity and reputation in the competitive market.

As the grey and ready-to-wear fabrics manufactured in Malegaon have potential to attract global market. There are fabrics and sarees being sold in local and international markets that are manufactured by people of Malegaon.

Related Keywords: APTMA, APTMA to visit China in May, Chinese delegation visited APTMA, Converting of surplus basic textile into clothing, explore potential of joint ventures, facilitate match making of Chinese investors, increase in exports from Pakistan, inked MoU, investment opportunities, local textile companies, Ministry of Commerce China, textile sector of Pakistan

An MoU was signed between the Ministry of Commerce China, Weihai and the All Pakistan Textile Mills Association (APTMA)on Saturday to explore the potential of joint ventures and investment opportunities in textile sector of Pakistan.

A 20-members Chinese delegation from the Ministry of Commerce Weihai, China visited the APTMA Punjab headed by Ms Zhang Buwen of Shandog Hushan Group was welcomed by Chairman APTMA Punjab Aamir Fayyaz.

The Ministry of Commerce China, Weihai has invited the APTMA to visit China in May this year.

Related Keywords: amended scheme to boost Make in India initiatives, Amended Technology Upgradation Fund Scheme, CITI, during blackout and leftout period, effective for seven years, executed and monitored online, government to resolve issue of settlement, not mention committed liabilities, Textile Industry, under iTUFS

The government last week notified the Amended Technology Upgradation Fund Scheme (A-TUFS) for textile sector but did not mention about the committed liabilities during 'blackout and leftout' period in 2010-11. Union Minister Santosh Gangwar said that the government is making efforts towards resolving the issue of settlement of committed liabilities of around Rs 3,000 crore arising out of 'blackout and leftout' period cases under technology upgrade scheme for textile industry.

Related Keywords: advanced waste water treatment technologies, final approval on the grant, Ministry of Textiles, new lease of life, pollution under control, purify and recycle virtually all of waste, RSPCB, set up zero liquid discharge plant, Textile units in Sanganer

Ministry of textiles is likely to give the textile units in Sanganer Rs160 crore for setting up a zero liquid discharge (ZID) plant to keep pollution under control. These units were served closure notices by the Rajasthan state pollution control board (RSPCB) just some time back for violation pollution norms. This will get them a new lease of life.

Related Keywords: Cotton growers, cotton growing belt, Cotton market, grade conscious buyers, KCA, kept physical prices firm, selective buying, Sindh and Punjab spinners, slightly higher price, spot rate, trading session

During the trading session grade-conscious buyers made deals on slightly higher price, while selective buying in lint market kept physical prices firm. Spinners in Sindh and Punjab stations bought all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,475 per maund in order to capitalize maximum returns on their proceeds on Friday.

Related Keywords: affected by the move, Amended Technology Upgradation Fund Scheme, Cabinet Committee on Economic Affairs, committed liabilities under old scheme, completely rejects claims of textile mills, Finance Ministry, owner of a textile mill, so called black out period, subsidy against investment, Textile Commissioner, under TUFS

The Cabinet Committee on Economic Affairs (CCEA) decision to introduce the Amended Technology Upgradation Fund Scheme (ATUFS) and approved R12,671 crore for its “committed liabilities” under the old scheme completely rejects claims of textile mills that had sought subsidy against investments made under the Technology Upgradation Fund Scheme (TUFS) during the so-called black-out period, a senior official said.