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Related Keywords: capability of providing accommodations to workers, Chinese, Foreign direct investment, import of outdated energy consuming technologies, Minister of Science and Technology, pour huge capital, satisfy occupancy rate in industrial zones, technological and environmental standards, textile and garment projects, TPP, Vietnam

As per the Foreign Investment Agency report, so far this year out of the $11 billion worth of foreign direct investment (FDI) poured into Vietnam; $3.5 billion went to textile and garment projects due to the Trans Pacific Partnership Agreement (TPP). The investments in the textile and garment industry have been increasing so sharply that this has raised concern.

Related Keywords: African countries, both woven and knitted, developing countries to phase out export subsidies, expanding scope of MEIS, export of cotton fabrics, gained export competitiveness, includes Textile, increase in incentive, Indian government, made ups to leading market, support exports, United States raised issue, violating global rule, WTO agreement

The United States has raised issue over increase in incentive by Indian government to support exports of several products which includes textile while expanding the scope of the Merchandise Exports from India Scheme (MEIS) this October. The Indian government has included exports of cotton fabrics, both woven and knitted, and made-ups to leading markets including African countries under the MEIS.

In the first week of November, offers of spun polyester yarns in China were stable with mainstream offers for 32s and 45s rolling over in Jiangsu and Zhejiang, with the latter seeing better sales than other specs.

In Qianqing, offers were range bound and the transaction volume was not large enough.

Spinners fear a possible decline in export demand, particularly from the US thus, traders had no intention to build up inventories either.

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

In the first week of November, Asian PTA marker partially regained US$9 a ton both CFR China and Southeast CFR.

In China, suppliers kept offers unchanged, and sellers held back selling interest at below US$600 a ton.

Yisheng Petrochemical kept daily cash-based price for PTA unchanged at US$640 a ton while Hengli Petrochemical issued self-lifting offers at US$630-635 a ton.

Purified terephthalic acid prices rose in Asian markets that week to end at a two-week high as plant shutdowns limited availability while rebound was seen as limited amid weakness downstream.

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

Related Keywords: cotton industry, expand textile plant, facilitate manufacturing operations, invest Ksh six hundred million, Kenyan President Uhuru Kenyatta, launched Uasin Gishu county infrastructure machines in Eldoret, leading textile mill in East Africa, purchase equipment, reputation of producing the best quality fabrics, revive Rift Valley Textile factory

Kenyan President Uhuru Kenyatta speaking at the launch of Uasin Gishu county infrastructure machines in Eldoret, said that the government is set to invest Ksh600m to revive the Rift Valley Textile factory in Eldoret which would help create job opportunities for the youth.

Kenyatta further said that developing the country without discrimination was his main priority, despite the latest opinion poll outcome indicating that a majority of Kenyans were dissatisfied with his administration.

Related Keywords: Council for Scientific and Industrial Research, feed textile industry, introduced new pest resistant cotton varieties, savannah ecological zones, to improve cotton production, under the Ghana Cotton Growing Environment

The Council for Scientific and Industrial Research (CSIR) in order to improve production of the cash crop to feed the textile industry has introduced new pest-resistant cotton varieties - Round Up Flex (RRF) is a trait tolerant to glyphosate and the Roundup Ready Flex/Bollgard 2 herbicides -- are also tolerant to glyphosate in addition to offering insect protection, and are those currently being tried for the farmers within the savannah ecological zones.

Related Keywords: celebrate desert textile and craft, collaborated with National award winning, Fashion designer, Fashion extravaganza, First edition of Rajasthan Heritage Week, hand-embroidered fabrics, handloom weavers from Rajasthan, handmade in Rajasthan, highlight heritage fabrics like khadi, kota, Prasad Bidapa

The first edition of 'Rajasthan Heritage Week', that includes a 3 day fashion extravaganza, Handmade in Rajasthan aims to celebrate the desert state's textile and crafts will begin in Jaipur from December 3 . Fashion designer Prasad Bidapa has collaborated with National Award winning handloom weavers from Rajasthan for this event.

Related Keywords: approves interest equalisation scheme, boost exports, Cabinet Committee on Economic Affairs, FIEO, Indian Texpreneurs Federation, move up value chain, pre and post shipment rupee export creidt, SIMA, TEA, textile sector regain export market share, welcomed by textile units

Cabinet Committee on Economic Affairs has given approval for interest equalisation scheme (earlier called Interest Subvention Scheme) on pre and post shipment rupee export credit with effect from April 1, 2015 for five years which is welcomed by the textile units.

According to regional chairman of Federation of Indian Export Organisations, A. Sakthivel, who is also the president of Tirupur Exporters Association was of the opinion that the scheme had come at an appropriate time when the apparel exports registered negative growth in August and September on a year-to-year basis.

Related Keywords: Duty Drawback rates, man-made fibers, Polyester/Viscose blended spun yarn, rayon exports, rayon textiles, textile export to Africa, textile exports

The Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) has welcomed the initiative taken by the Central Government to boost the exports of textiles made of Man-made fibres for B&C group of countries under the MEIS Scheme. In the original policy issued in April 2015 there was no incentive for export of such textiles for Africa and Latin American countries falling under the B&C category. While this will be a definite booster for increasing our export of textiles to non-conventional markets, few items have skipped the attention of the authorities.

Related Keywords: ACME, AK Dyeing Machine, discussed on technology, Dress the Future, exhibit leading products, ITMA taking place in Milan, Jen Haur and CCI Tech, PaiLung, strategic markets for Taiwanese exports, strengthen global reputation, sustainability and innovation, TAITRA, Taiwanese textile machinery companies, Textile Industry

Five Taiwanese textile machinery companies PaiLung, AK Dyeing Machine, ACME, Jen Haur and CCI Tech came together to strengthen their global reputation and exhibit their leading products at ITMA 2015 taking place in Milan, which represents one of the most strategic markets for Taiwanese exports in the textiles industry.

PaiLung is a leader in the production of ciscular knitting machines. Its knitting machines are well suited to brands, designers, textile manufactures, and contractors in the fashion, home, healthcare, and environmental textile industries.