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Related Keywords: Bangladesh, cotton and yarn for its garment industry, especially Gujarat state, heavily bank on India, Indo-Bangladesh trade promotion, invest in yarn manufacturing, neighbouring country, proposes to set up textile park, provide them the cost advantage, the park will have spinning units, top garment manufacturing and exporting country

Bangladesh, which is among the top garment manufacturing and exporting countries globally has to heavily bank on India, especially Gujarat, for cotton and yarn for its garment industry. The neighbouring country proposes to set up a textile park in the state of Gujarat.

Bangladesh has zeroed in on Kadi near Ahmedabad for the project which involves an initial investment of Rs 240-300 crore. To begin with, the park will have spinning units with cumulative capacity of 1 lakh spindles. Bangladesh has sought around 100 acres of land from the state government for the project.

Related Keywords: Bangladesh’s garment industry, Garment Manufacturing, Indian cotton import, spinning units in Gujarat, textile park in Gujarat, yarn imports

Bangladesh proposes to set up a textile park in Gujarat as it is largely dependent on Indian cotton for its garment industry.

Bangladesh is focusing on Kadi, also known as the 'Cotton City' of India near Ahmedabad for the project and the initial investment is estimated to be Rs 240-300 crore.

The textile park will have spinning units aiming to have cumulative capacity of 1 lakh spindles. Bangladesh has sought around 100 acres of land from the state government for the project.

In China, 30s siro-spun yarn in Jiangsu were unchanged in the last week of September while compact & siro-spun 40s yarn were up US cent 1 a kg on the week in Jiangsu.

Spun viscose yarn prices were stable to higher in China this week amid steady liquidity.

Offers held flat amid favorable sales, while selling ideas were reportedly stable for 100 per cent viscose yarn although transactions were mute in a holiday-shortened week and due to steady rise of VSF prices in recent weeks.

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

In Qianqing, PC (65/35) 32s yarn prices were up US cent 1 a kg and 21s were also up US cent 1 a kg in the last week of September.

Offers for polyester-cotton yarn held flat amid favorable sales in China, while selling ideas were reported stable for polyester-viscose yarn amid mute transactions.

Downstream, fabric markets sustained their stable movements, and trading activities are expected to remain steady in coming weeks.

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

Related Keywords: before joining free trade pact, especially textile and textile products, focusing on strengthening competitiveness, Indonesia government, Indonesia textile association, Indonesian textile market, Indonesian Trade Minister, manufacturing products, of national industry, TPP, TPT

The Indonesia government aware of the threat from Trans Pacific Partnership (TPP) toward its manufacturing products especially textile and textile products (TPT) would be focusing on strengthening the competitiveness of the national industry before joining the free trade pact, TPP, said Indonesian Trade Minister Thomas Lembong on Friday.

Related Keywords: between pacific rim countries, by TTP pact signed, Commerce Ministry, eligible for zero tariffs, FTA with Japan, including the US, India entered into bilateral and regional trade pacts, India export not be hit in major way, may face issues in markets, textile and yarn, with members of TTP grouping

With India having already entered into bilateral and regional trade pacts with some members of the Trans Pacific partnership (TTP) grouping and a few more are in the pipeline, the Commerce Ministry said that India’s exports will not be hit in a major way by the TPP pact signed between the 12 Pacific rim countries, including the US.

Related Keywords: competing nations, getting larger benefits, Indian textile industry, interest subvention for all textile products, open window market access, reduce the central excise duty, remove central excise duty on shuttleless looms, remove duty on Indian cotton yarn, remove import duties, SIMA, to enhance exports, want low tariffs or duty free access

The Indian textile industry has started facing problem as competing nations like Pakistan, Vietnam, Cambodia, South Korea, Bangladesh started getting larger benefits and open window market access. Textile industry to enhance its exports wants low tariffs or duty free access.

C K Narayanasaami, Chairman, SIMA Cotton Development & Research Association and K Selvaraju, Secretary General, Southern India Mills' Association (SIMA) met the Commerce minister Nirmala Sitharaman during her visit to Coimbatore and handed over a 10 point memorandum with the industry's demands.

Related Keywords: Dubai World Trade Centre, enhance ties with textile traders, exhibitors, India, International Textile Fair Dubai, ITF, Japan, Korea, mainly from Europe, second edition begins, trade show for fashion and textile, Turkey, various traders from the local market., wide range of brand and products

The second edition of the two-day International Textile Fair-Dubai (ITF) kicked off on Sunday, October 11th at the Dubai World Trade Centre. This season, the International Textile Fair, UAE’s exclusive trade show for fashion and textile, is creating an inviting atmosphere that will inspire both exhibitors and visitors attending the fair.

Related Keywords: attract investment, ETP and interest subsidy, handloom and power loom, Karnataka state, mega projects, modification in Javali Neethi, push geographical distribution, spinning, strengthen textile value chain activities, Technical textile, textile and garment units, Textile parks, textile policy, weaving

Karnataka comparing with the policies of Maharashtra and Gujarat has made some modification in its Javali Neethi (Textile Policy) 2013-18 with an aim to not only strengthen its textile value chain activities but also to spur technical textiles and go for an aggressive push for geographical distribution of textile and garment units.

The State is encouraging investments in almost all the sub-sectors of textile in the form of Textile Parks, Mega Projects, Integrated units and MSME units.

Related Keywords: Australian agriculture struggle, reiterated desir to join, remove few tariffs and local regulations over imports, set the tone for worldwide trade, spanning the Americas and Asia Pacific region, Taiwan welcoming the conclusion of TPP deal, TPP tready, undergo transformational boost, with the inclusion of China

This week, the USA and 11 other countries came to an agreement on the Trans-Pacific Partnership, a treaty that would remove a few tariffs and local regulations over imports and spanning the Americas and the Asia-Pacific region. Taiwan welcoming the conclusion of TPP deal has reiterated its desire to join.

Other nations are also keen to join the deal, which encompasses close to 40 percent of the global economy and will set the tone for worldwide trade.