YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

MoU sign between BIT and NZIFT bring in good results

Related Keywords: accessories, BIT and NZIFT, community engagement, delivering mutual benefits across education, design, fashion show BANEWZ, gained insights into teaching methodology, Garments, Indian Apparel and Textile Practicum programme, Indian value systems, manufacturing, mass production of textiles, MoU signed, New Zealand students, training at BIT

The Memorandum of Understanding signed last year between Bannari Amman Institute of Technology (BIT), Sathyamangalam and New Zealand Institute of Fashion Technology (NZIFT) for delivering mutual benefit across education, design, manufacturing and community engagement has started not only bringing in goods results but also delivering mutual benefits.

The Indian Apparel and Textile Practicum programme’ was developed by BIT and NZIFT and Giles Brooker Education Development Services Pvt. Ltd (GBE) last year has benefitted two batches.

Pakistan cotton crop likely not to exceed 10.8 mn bales this season

Related Keywords: additional shortall of bales, Brazil US and South Africa, buying cotton India, CCAC, damaged crop, face financial issues, halved workload at factories, low production of phutti, Pakistan cotton crop, Pakistan Cotton Ginners Association, pest attack and attack of different viruses, revised initial target set, Textile mills

The Pakistan government has so far revised down its crop estimate almost by 30 percent this year from an initial target of 15.4 million bales set in February. Local cotton demand is estimated at 15.5 million bales this year. The latest estimate suggests the crop size will not exceed 10.8 million bales (of 170 kilogram) from 11.4 million bales forecasted last month. The Cotton Crop Assessment Committee (CCAC), in a meeting held earlier this week, sees additional shortfall of 600,000 bales this crop season.

State govt identify 10 districts for textile parks on availability of cotton

Related Keywords: an integrated textile park, basis of cotton availability, boost textile sector, Chief Minister Devendra Fadnavis, gone into production, Nandgaopeth land has been allotted, organized by industries department, set up in Hinghanghat, Shyam Indo Fab, state identified ten viable districts, Textile parks, Textile Summit

Maharashtra state government has identified ten viable districts on the basis of cotton availability for the textile parks of which the state government has approved nine new textile parks throughout the state to boost the textile sector of this two are in Vidarbha, and the rest in Marathwada and Jalgaon district of north Maharashtra.

At the Textile Seminar 2015, organized by the industries department, chief minister Devendra Fadnavis said that the industry will always have a growth potential as demand for garment is never going to die down.

GST to boost textile exports to a great extent

Related Keywords: an input credit will lead to lowered input costs, boost Indian textile exports, easing the prices, Goods and Services Tax, GST, improve business climat in the country, increase share of export market, introduction of GST, key to facilitate industrial growth, making industry internationally competitive, textiles is concern

The Goods and Services Tax (GST) is seen as key to facilitating industrial growth and improving business climate in the country. A constitutional amendment measure, the GST Bill needs to be passed by a two third majority in both houses of parliament and by the legislatures of half of the states in the country to become law.

Maharashtra textile policy fails to meet its target halfway mark

Related Keywords: constituted a committee, Fadnavis government, formulate a new textile policy, grim situation both on revenue and employment fronts, huge mismatch between the projected targets of revenue and employment, launched during the previous Congress-NCP regime, Maharashtra textile department, Maharashtra textile policy, presented in winter Assembly

The midterm assessment of Maharashtra Textile Policy 2011-17 launched during the previous Congress-NCP regime revealed a grim situation both on revenue and employment fronts. The policy had stipulated generation of 11 lakh jobs and investment worth Rs40,000 crore in five years. The aim was to utilise 45 lakh surplus cotton bales produced in the state.

Coimbatore textile mills take steps for saving energy in operations

Related Keywords: bring down electricity consumed in mills, Coimbatore textile mills and industries, Indian Texpreneurs Federation, saving energy in operations, SIMA, Southern India Engineering Manufacturers Association, study on energy, take steps towards energy conservation, technology available for every activity

Coimbatore textile mills having faced the hit in operations due to long hours of power cut have taken steps towards energy conservation as technology is available for every activity to bring down the electricity consumed in the mills, said M. Senthil Kumar, chairman of Southern India Mills’ Association.

Be it the spinning mills or the humidification plants, machinery come with energy saving upgrades. At present, only two percent to three percent of the mills have gone in for LEDs. There is still much that can be done by the mills for saving energy in operations.

Pakistan call on Italian companies to set up their independent units

Related Keywords: Export processing zone, Federal Minister for Industries and Production, Italian Trade Commissioner, Italy to expand co-operation and investment, machinery, National Industrial Parks, Pakistan calls on Italian companies, Pakistan safe for investors and investments, set up independent units, special tax concession, textile products

Federal Minister for Industries and Production Ghulam Murtaza Khan Jatoi welcoming the Italian Trade Commissioner Riccardo Monti, who is on a two day visit to Pakistan said that Pakistan is a safe country for investors and investments as it has dedicated National Industrial Parks and Export Processing Zone with special Tax concession where Italian companies can set up their units and also have opportunity to establish their independent units to avail the same facilities.

ASF price declines in China, stable in India and Pakistan

In China, offers for cotton-type staple fiber declined US cents 10 a kg while medium-length staple fell to US$1.84-2.06 a kg in the first week of December.

Jilin Chemical Fiber maintained its list prices for December with 1.5D at US$2.06 a kg, 3D medium-length at US$2.05 a kg, tow at US$2.13 a kg and top at US$2.27 a kg.

Taiwan origin 3D bright ASF tow prices were down US cents 5-10 a kg.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

Acrylonitrile prices surge in Asia

In China, offers for offshore cargoes were up US$40-50 a ton in the first week of December.

Asian acrylonitrile marker the CFR Far East Asia was assessed flat on the week at US$1,049-1,051 a ton while Southeast Asia was at US$929-931 a ton.

Acrylonitrile prices were firm in NE Asia and weak in SE Asia/India that week. Tight supply in Taiwan/China bolsters NE Asian prices while deepsea cargo arrivals depressed prices in SE Asia/India.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

Raghuvir Group plan investment of Rs10cr to double textile, garment capacity

Related Keywords: Amazon and FirstCry, Flipkart, foray into offline retail, make investment of rupees ten crore, plan to double its garment and home textile capacities, Raghuvir Group, retailing online through platforms, Snapdeal, to support subsidiary Raghuvir Lifestyle, top three private sector textile houses in Ahmedabad

Raghuvir Group is among Ahmedabad's top three private sector textile houses. The interests of the Group range from Textile, Real Estate, Infrastructure and Warehousing. Raghuvir Group plans to double its garments and home textile capacities for which it will make an investment of Rs 10 crore.

The investment will take its garments and home textiles capacities to 2 million units and 2 million sets, respectively, to support its subsidiary Raghuvir Lifestyle's foray into offline retail.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button