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Related Keywords: acquires Lotus Integrated Texpark Ltd, acquisition to help in forward/backward integration of textile business, after picking up stake in the company, becoming an associate firm of the group, largest integrated home textile manufacturer in the world, LITL engaged in field of textile, Trident, twenty five crore in an all cash deal

Trident, one of the largest integrated home textile manufacturer in the world today announced that Lotus Integrated Texpark Ltd (LITL) located in Barnala, Punjab has become an associate firm of the group after it picked up stake in the company for Rs 25 crore in an all cash deal.

Related Keywords: attract weavers, better marketing facility, betterment of weavers community in Odisha, directs official to chalk out plan, Handlooms, lack of financial support, leaving traditional profession, new ideas, prepare a plan ensuring holistic development, take proactive measures, Textiles and Handicrafts Minister Snehangini Chhuria

Handlooms, Textiles and Handicrafts Minister Snehangini Chhuria at a review meeting in Sambalpur where many senior officials of the department and district administration were present has directed officials to come out with a Rs 500-crore strategic plan for the betterment of the weavers’ community in Odhisha.

Related Keywords: cellulosics, cotton, Creora eco soft, displaying new fabrics made from blends of merino wool, Global Merino Inc., good drape, maintain soft hand, mixed with heat sensitive fibers, natural fibers, participating at Outdoor Retailer trade show, primary ingredient, spandex engineered, technical textile manufacturer, using merino wool, wool and silk

Global Merino Inc. based in San Anselmo, California, a technical textile manufacturer, using Merino Wool as a primary ingredient participating at the Outdoor Retailer trade show is displaying its new fabrics made from blends of Merino wool and Creora Eco-Soft, a spandex engineered to maintain a soft hand and good drape when mixed with heat-sensitive fibers, including natural fibers such as cotton, wool and silk as well as cellulosics such as rayon, Modal and Tencel.

Related Keywords: Better Cotton Initiative, fastest growing and global best recognized denim mills in China, in lightweight cotton denim fabrics, no change in the price, production base in Shaoguan, Prosperity Textile, use Better Cotton, with shift to Better Cotton

Prosperity Textile is one of the fastest growing and global best recognized denim mills in China with its production base in Shaoguan, Guangdong province, has decide to begin using Better Cotton for all its lightweight cotton denim fabrics beginning with the Spring/Summer 2017 season. According to the company, there will be no change in the price with the shift to Better Cotton. Prosperity Textile can produce up to 2 million yards per month of lightweight denim, including shirting and dress-weight fabrics.

Polyester spun yarns were exported to 47 countries from India in November 2015 aggregating US$5.73 million with a unit price realization averaging US$2.24 a kg.

Polyester yarn exports were down 9.7 per cent in value as compared to November 2014. Unit price realization was down US cents 39 a kg as compared to November 2014.

A total of 2.56 million kg was exported, of which, 16.8 per cent was shipped by Turkey alone.

Thirteen new destinations were found for polyester yarn in November, of which, Nigeria, Ecuador, Cote D'Ivoire, Togo and Mauritania were the major ones.

Related Keywords: Polyester spun yarns export from India, Polyester spun yarns export price, Polyester spun yarns export worth, Polyester spun yarns import in Turkey, Polyester spun yarns in Nigeria

Related Keywords: 13th Five-Year Plan in China, China National Textile and Apparel Council, China's textile industry, China’s Ministry of Industry and Information Technology, China’s textile exports, development plan for textile industry, textiles for automobile

During the 13th Five-Year Plan period (2016-2020) in the first half of 2016, China’s Ministry of Industry and Information Technology (MIIT) is expected to release its development plan for the textile industry.

China's textile industry is projected to maintain a double-digit growth and the authorities will take various measures to improve the sluggish textile industry.

Related Keywords: adversely affected exports and employment, drastic decline in textile exports, failed to resolve outstanding issues, meet deadline of President Barack Obama, South Africa end up losing AGOA eligibility, Swazi economy put in disadvantaged position, threatened to suspend duty free status of South Africa, under the AGOA, United States, US market

The United States has threatened to suspend the duty-free status of South African agricultural products after the country was reported to have failed to resolve the outstanding issues necessary for it to meet President Barack Obama’s deadline and maintain all of its benefits under the AGOA. Therefore should South Africa end up losing its AGOA eligibility, the Swazi economy would be put in disadvantaged position.

Related Keywords: Aditya Birla Group's umbrella brand, Birla Cellulose, create a one stop platform for fabric makers, expand ongoing LAPF initiative, international brands, mega event in collaboration, nurture various textile value chain, reach out directly to women wear exporters, Society of Noida Apparel Export Cluster, world leader in viscose staple fibre

Birla Cellulose is the Aditya Birla Group's umbrella brand for its range of cellulosic fibers. Fiber is one of the oldest businesses of the Aditya Birla Group that commenced in 1954. Birla Cellulose is a world leader in viscose staple fibre (VSF) with its production spread across six countries viz. Canada, Thailand, India, Indonesia, China and Laos. The Group independently fulfills India's entire VSF requirements. A move is being driven by Birla’s to create a one stop platform for fabric makers to reach out directly to women’s wear exporters and international brands.

Related Keywords: DELTAPEAK next-generation fabric, fibre products converting company, Octa Neo multilayer fibre, Outdoor Retailer winter market, participate in leading international sports trade fair, PASMO high-tenacity polyester, showcase products designed to meet increasing demands for high-performance sportswear, Solotex, Teijin Frontier, Teijin Group

Teijin Group’s fibre products converting company, Teijin Frontier to participate in a leading international sports trade fair ‘Outdoor Retailer Winter Market 2016’, which is set to take place this month.

Teijin Frontier to showcase products that are designed to meet the increasing demands for high-performance sportswear that offers comfort, daily-use wear and a combination of function and fashion.

Related Keywords: Cotton market witnessed further push in rates, demand and supply, importing cotton to keep balance, mills started forward buying, official spot rate up, rising demand by mills, save from losses

Cotton market witnessed further push in the rates on Wednesday due to the rising demand by mills. It is observed by some leading brokers that the mills have started forward buying to save themselves from losses. The supply position is despite the fact that country is importing cotton to keep a balance between demand and supply.