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Related Keywords: appeal for rationalization of dury structure, bring transformational change, efficient manufacturing with sustainable best practices, have capacities and raw material availability, higher growth rate, Indian textile industry, Member textile mills of Indian Texpreneurs Federation, on Man made Fabric, yearly mega textile and clothing fair

Member textile mills of Indian Texpreneurs Federation (ITF) feel two things that can bring transformational change to Indian textile industry is rationalization of duty structure on Man Made Fibre (MMF) and yearly Mega Textile and Clothing Fair.

An appeal was made by 320 members of ITF in individual letters to Prime Minister Narendra Modi as part of wishlist for the coming Budget to rationalize duty structure on Man Made Fibre (MMF), which they claimed can transform the textile industry towards higher growth rate.

Related Keywords: bilateral trade remains range bound, cotton cloth, FTA with Sri Lanka, imports bed wear, Pakistan and Sri Lanka failed to fully utilize the FTA, plans to double its exports, silk, Sri Lanka exports textile products, synthetic textile, TDAP, Trade development authority of Pakistan, traditional Pakistani export item, trousers, using duty concession

Both countries Pakistan and Sri Lanka failed to fully utilize the FTA that came into effect in 2005 due to which bilateral trade remains range bound with an average of $350 million for the last six years. The Trade Development Authority of Pakistan (TDAP) Secretary Rabiya Javeri Agha said that it aims to double its exports to Sri Lanka in a year’s time effectively using the duty concession under the Free Trade Agreement (FTA) from the current $267 million to $500 million.

Related Keywords: Ahmedabad based dye manufacturer, association to improve revenues and profitability, Camex Ltd, Chinese firm Tianjin Yadong Longxin International Ltd, dyes primarily used for wool, dyestuff manufacturing, enters into an agreement, leather, market basic dyes intermediates in India, printing ink, signed sole selling agreement, silk

Camex Ltd, Ahmedabad based dye manufacturer has entered into an agreement with Chinese firm Tianjin Yadong Longxin International Ltd to market range of basic dyes intermediates in India. Camex Ltd has signed a sole selling agreement with China's Tianjin Yadong Longxin International Ltd for the basic intermediates like H Acid, tobias acid, sulfo tobias acid and J acid.

Related Keywords: ancillary centres, create a brand and improve marketing, establish computer aided design centres, Hehl, information and technology, Jharkhand and Odisha given funds, Jharkhand Resham Development Institute, main design centre established, make weavers well equipped, modern handloom designing, project of ministry of electronic, train weavers

Jharkhand and Odisha are the first states to be given funds to begin a computer aided design centres to make weavers well equipped in modern handloom designing . The design centre is a project of ministry of electronics and information and technology. Th main design centre has been established in the Jharkhand Resham Development Institute, Hehal (Ranchi) which was inaugurated on Saturday. Jharcraft has been given the responsibility to establish and manage the centres.

In Qianqing, PC (65/35) 32s yarn prices fell to US$2.41 a kg while 45s PC combed yarn prices were down US cents 4 a kg in the last week of December.

Blended spun yarn prices further fell in China, which could eventually trigger a move on the international market and on domestic markets in India and Pakistan.

In Qianqing (Zhejiang), polyester-cotton prices were declining, although only for lower counts. In India, blended yarn pries moved in different directions in Indore and Ludhiana markets.

In India, 30s (65/35) PV warp yarn prices inched down INR1 a kg in Indore market.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

In China, mainstream prices of 40s compact siro-spun yarn in Jiangsu fell US cents 6 a kg in the last week of December while 30s spun viscose in Xiaoshan fell US cents 3 a kg.

Spun viscose yarn market sentiment was soft in China, seeing yarn makers mainly liquidating their stocks based on market prevailing prices.

Market offers for siro-spun 40s yarn and compact and siro-spun yarn fell further on the week in line with tumbling VSF cost.

Related Keywords: rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

Related Keywords: agents and garment manufacturers under one roof, bring technology suppliers, Exhibitors to display apparel machinery, explore further growth with new and advance models of machines, fabrics, Gapexpo, garment, GARMENTECH Bangladesh, schedule to begin in January, Three international tradeshow on garment industry, yarn, Yarn and Fabrics souring fair

The 15th edition of GARMENTECH Bangladesh 2016 is schedule to begin in Dhaka on January 13, alongwith it Gapexpo 2016 (for accessories) and Yarn & Fabrics Sourcing Fair 2016 will be also held which will bring technology suppliers, agents and garment manufacturers under one roof to explore further growth with new and advance models of machines. Exhibitors will display apparel machinery, yarn and fabrics, garment accessories and packaging equipment.

All these three international tradeshows on the garment industry are expected to pull in about 300 companies from over 30 countries.

Related Keywords: advantage for investing, five-year tax holiday extended by the Union government, incentives being offered to industrialists, Invest Karnataka, potential hubs for investment, showcase proposed National Investment and Manufacturing zone at Chittapur, textile park and industrial hub at Badiyal Kadechur, to be held in Bengaluru

At the three-day Invest Karnataka 2016 to be held in Bengaluru from February 3, the proposed National Investment and Manufacturing Zone (NIMZ) at Chittapur and a textile park and industrial hub proposed at Badiyal-Kadechur would be showcased as potential hubs for investment.

Minister for Heavy Industries R.V. Deshpande Minister will chair a high-level meeting of officials and elected representatives on Monday to work out the modalities for pitching potential regions in the State as investment destinations at the meet.

Related Keywords: cotton ginning, credit linked subsidy, given thirty five percent capital subsidy, Maharashtra government, not linked to bank loans, policy decision, power loom and other textile-related units twenty five percent, processing and printing unit, provide subsidy to textile owners, spinning mills, technical textiles and composite units thirty percent

Maharashtra government for the first time has taken decided to provide subsidy to textile owners which would not be linked to bank loans. In a policy decision taken last week, the state government has decided to provide capital subsidy which would be delinked from bank loans. Spinning mills, cotton ginning, processing and printing units would be given 35% capital subsidy; technical textiles and composite units 30%; and power loom and other textile-related units 25%.

Related Keywords: clothing manufacturers rebate, clothing manufacturing companies, clothing manufacturing sector of Zimbabwe, Finance Minister of Zimbabwe, import duty in Zimbabwe, National Union of the Clothing Industry, textile industry of Zimbabwe

The textile industry of Zimbabwe urged the government to extend the clothing manufacturers rebate by another 12 months.

Industry officials have also warned that if the government delays this extension, then the textile industry will soon shut down.

During 2015 budget statement, Patrick Chinamasa, Finance Minister of Zimbabwe, extended clothing manufacturers’ rebate facility by 12 months in order to help capacitate the sector.

Industry officials say that the sector needs the facility to be extended again by a similar period.