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Related Keywords: changed fundamentally, domestic fiber manufacturers, domestic textile producers, flooded with Chinese textile, Indian textile industry, instead of fabrics from India, largest textile bazaars in Asia, Mulji Jetha market, old textile market in South Mumbai, SRTEPC, traditional textile hubs

Mulji Jetha market, a 136 year old textile market in South Mumbai and the largest textile bazaars in Asia with hundreds of wholesale stories and some retailers too. The market which is still crowded and customers stream in endlessly but it has changed fundamentally. Instead of fabrics from the country’s traditional textile hubs, it is flooded with Chinese textiles.

Related Keywords: delay in conclusion of FTAs, due to glut in the global market, exports declines, facing severe recession, grab emerging global opportunities, Indian textile industry, industry not given enough weightage, market access related issues, structural change, supportive policy measures, undue delay in disbursement of TUF subsidies, world trade

Textile industry that is going through recession is looking for various supportive policy measures from the government to grab the emerging global opportunities. While the Centre looks to address macro issues particularly towards controlling inflation, improving general economic conditions, infrastructure and measures aimed at ease of doing business, the weightage given to the textile industry is not enough.

Related Keywords: at Auriga Polymers manufacturing site, Aurigas staple fibers, fibers, filament, growing demand for specialty materials, Indorama Ventures, leading global manufacturer of PET resins, planning to add extrusion based fiber spinning capacity, produce fibers based on environmentally-friendly polymers, set high standard in the US marketplace

Indorama Ventures Public Co. Ltd., one of the world’s leading petrochemical producers and a leading global manufacturer of PET resins, fibers, filaments is planning to add 15,000 tons of extrusion-based fiber spinning capacity to the Auriga Polymers manufacturing site in Spartanburg, S.C. which acquired by Indorama Ventures in 2011.

Related Keywords: apparel manufacturing, development of apparel parks, favorable textile policy, focus on startup businesses in the state, international platform, leading hub for textile-based industries, present innovative ideas, Progressive Punjab Investor Summit, providing budding entrepreneurs, SACC, spinning and hosiery exports

Progressive Punjab Investor Summit 2015 begins today in Mohali with focus on startup businesses in the state by providing budding entrepreneurs an international platform to present their innovative ideas before those who have already made a mark in the industrial sector. It is for the first time that the summit is joining hands with Startup Accelerator Chamber of Commerce (SACC).

Related Keywords: collaboration with Turkish Ministry of Economy, for readymade garments, leather and textiles technology industries, mutual investment and joint trade, Oman Chamber of Commerce and Industry, organized by Arab Turkish Businessmen society, particiates in Arab Turkish Forum, promote trade exchange, trade and economic partnership

Oman Chamber of Commerce and Industry (OCCI), participates in the opening ceremony of the three day Arab-Turkish Forum for Readymade Garments Leather and Textiles Technology Industries organized by the Arab-Turkish Businessmen Society in collaboration with the Turkish Ministry of Economy, in the Turkish city of Izmir.

Related Keywords: bridal lehengas, EKaya offers diverse collection of Banarasi saris, embroidered saris, exhibit heritage of Banarasi weaves, Fashion Design Council of India, First Ladies programme, partnered with external affairs ministry, present fashion show, printed saris, suits fabrics, Third India Africa Forum Summit, titled Threads of Banaras

The Fashion Design Council of India (FDCI), a non-profit organization to present a fashion show titled ‘Threads of Banaras’ as part of the First Ladies’ programme during the ongoing Third India-Africa Forum Summit (IAFS) on Thursday here.

FDCI to platform the country's design talent has partnered with the external affairs ministry, as this collaboration will give an opportunity to exhibit the heritage of Banarasi weaves and showcase it at a prestigious event the India-Africa Forum Summit III.

Related Keywords: cover sectors of Ready Wear, day by day changing global trends, gateway to Europe, global trade fairs, Home Textile and related machinery, interact with Turkish businessmen, LCCI, leather, Pak Turk Businessmen Association, Pakistani businessmen interested to enter EU market, Textile, Turkey fastest growing economies, World Trade Bridge

Turkey is not only a gateway to Europe but also one of the fastest growing economies thus it offers a lot to Pakistani businessmen interested to enter EU market. At a seminar on ”24th Turkey – World Trade Bridge 2015” jointly organized by the Lahore Chamber of Commerce and Industry (LCCI) and Pak Turk Businessmen Association here at the LCCI on Tuesday, the Pakistani entrepreneurs were urged to participate in the global trade fairs and exhibitions like 24th Turkey World Trade Bridge 2015.

Mono ethylene glycol markets moved down during the week as trading atmosphere in polyester market calmed down notably compared with second week of October.

Sentiment was lackluster on the whole due to drop in demand and poor liquidity.

Under such influence, together with piling inventory and restart of some non-coal-based MEG units that were shut for maintenance, the downward pressure on the markets increased.

However, there are some unfavorable factors from crude oil market and market fundamental and players will be cautious.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian paraxylene markers were assessed down US$26.50 a ton FOB Korea and CFR Taiwan/China in the third week of October.

Isomer-grade mixed xylene fell US$39 a ton FOB Korea on the week.

Spot paraxylene was assessed 3 per cent down on the week in Asian markets.

Paraxylene prices in Asian markets continued to sober during the week but regained partially at weekend seeing the energy complex rebounding sharply.

Downstream support was strong as PTA prices moderated early in the week to remain steady thereafter.

Related Keywords: paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PX price

Related Keywords: Canada, finalization process, free trade access markets, International Trade and Industry Minister of Malaysia Datuk Seri Mustapa Mohamed, Mexico, Peru, priority market access, Trans – Pacific Partnership Agreement (TPPA), US

The Trans – Pacific Partnership Agreement (TPPA) which according to International Trade and Industry Minister of Malaysia Datuk Seri Mustapa Mohamed will help the nation gain priority market access, especially to the four new free trade access markets as soon as it is in force is close to its finalization process.

The minister justifies this delay in signing of the deal by saying that there were still several technical details that needed to be ironed out before any conclusions can be made. This includes the legal scrubbing and the finalisation of related schedule.