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Related Keywords: BKPM, dedicated to solving problems faced to invest in textile, eight plan to reduce production, existence of interlocking regulations, five plan to stop their businesses, hinder the realization of the investment, launched special desk, received report thirteen companies faced promblems, The Investment Coordinating Board

The Investment Coordinating Board (BKPM) having received reports that 13 textile companies face problems, eight of which plan to reduce production and five others plan to stop their businesses decided to establish a special desk dedicated to solving problems faced by those who want to invest in textiles and footwear.

The special desk was launched on Friday, it is part of BKPM's effort to keep textile investments competitive so that there are a large number of jobs. This special desk is intended to help investors who are facing problems, so that layoffs can be prevented.

Related Keywords: benefit the Vietnam’s apparel, biggest winner of TTP trade agreement, China not party to trade accord, gross domestic product to boost, President Barack Obama's pivot to Asia, reduced import duties in the U.S. and Japan, Southeast Asian nation less reliant on China, trigger more investment, Vietnam relies on exports, Vietnam significant play

Vietnam is a significant player in President Barack Obama’s pivot to Asia as both the U.S. and Vietnam would like to see the Southeast Asian nation less reliant on China, which is not a party to the trade accord. Vietnam’s economy that relies on exports, is likely to be the biggest winner of the Trans-Pacific Partnership. In a decade, the country’s gross domestic product will be boosted 11 percent, or $36 billion, as a result of the world’s largest trade pact.

Related Keywords: both in terms of tariff lines and trade volumes, eliminate tariff, FTA between China and Pakistan, instead of free trade deal, less than ninety percent products, Pakistan's major exports are cotton yarn/fabric, undergoing review to finalise phase second, urge for fair trade deal

The FTA inked between the two countries China and Pakistan on November 24, 2006 is currently undergoing a review to finalise phase-II in which both parties are aiming to eliminate tariff on no less than 90% of the products both in terms of tariff lines and trade volumes. The second phase of China Pakistan Free Trade Agreement (CPFTA) will be held on October 14, 2015 in Beijing.

Related Keywords: APEC, between TPP members, DBS, diversion of service trade, global trade, improved market access, might erode India's market share, Negotiations on-going with the ASEAN, RCEP, Singapore banking group, tariff reductions, TTP agreement

The Trans-Pacific Partnership (TPP) which includes a group of 12 countries, led by the US reaching a tentative agreement earlier this week, concern is whether improved market access, tariff reductions and diversion of service trade between the TPP members, as and when it becomes effective, might erode India's market share. However, real impact is likely to be smaller as the TPP is likely to take years to implement.

Related Keywords: attractive to international buyers, Banarasi weaves, experiment with cuts and styles, fabrics and techniques remain Indian, fashion designers, Fashion week, Fashion weeks serious business, Indian fabrics given a modern makeover, Indian textiles and crafts

Indian textiles and craft are the buzzwords at the ongoing fashion week in Delhi. The opening show on Wednesday was dedicated to weaves and textiles of Banaras, the ending will be similar in tone when 16 designers will come together for the finale to showcase Banarasi weaves.

Related Keywords: Amazon, bomkai silks, eBay, especially textiles, Flipkart, Gadwal silks, Government units, Hand painted Bhagalpuri silks, handloom, IndiaRoots, major brand building exercise, sell ikkat, Snapdeal, tie up with eCommerce platforms, wider customer base globally, with India high on digitization

Government units, especially textiles as one of their major brand building exercise and with India high on digitalization are tying up with ecommerce platforms to get a wider customer base globally. Many weaves from different states will now be made available on ecommerce platforms like Flipkart, eBay, Amazon, Snapdeal and others.

Related Keywords: expediting FTAs, few policy change and proactive Textile Ministry, imposing sourcing restrictions, Indian Texpreneurs Federation, make TN textile sector vibrant, on duty-free import of apparels from Bangladesh and LDCs, rationalise duty structure on MMF, submitted memorandum to Prime Minister

The Indian Texpreneurs’ Federation (ITF) has sought a few policy change and proactive Textile Ministry to make the TN textile sector vibrant and help achieve its vision. In a memorandum submitted to Prime Minister Narendra Modi, ITF Secretary D Prabhu has categorically stated that the Federation is not seeking sops or subsidies, but better support from the Centre to do business with ease.

Related Keywords: dyed blended polyester cotton garments, export of hosiery and woven garment, Federal Board of Revenue, Pakistan Hosiery Manufacturers and Exporters Association, PHMA, raised DBK rates, rates are worked out by the Input-Output Co-efficient Organisation of Customs. white blended polyester cotton garment, revised proposal on DBK

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) had submitted revised proposals on duty drawback rates on export of hosiery garments and woven garment to the Federal Board of Revenue (FBR) which has been finally accepted.

The Federal Board of Revenue (FBR) has raised duty drawback rates on export of hosiery garments and woven garments. The rates are worked out by the Input-Output Co-efficient Organisation (IOCO) of the Customs.

Related Keywords: APTMA, B2B meeting, make garments for exporting to European Union, Pakistani fabric manufacturers delegation, participate in Istanbul Fashion Conference, purchase Pakistani fabric, sponsored by DS Concept, Turkish buyers, Turkish trading partners and buyers

Pakistan’s twelve leading companies dealing in fabric lead by Central Chairman of All Pakistan Textile Mills Association (APTMA) Tariq Saud would be a part of the delegation sponsored by DS-Concept to participate in 8th Istanbul Fashion Conference and B2B meetings to take place on October 14 and 15 in Istanbul.

Related Keywords: abundance skilled labour, emphasis on setting up textile parks, ensure modern innovative technologies, in light of new projects, India to become manufacturing hub in textile machinery, Indian textile machinery industry, low cost, Modi governments Make in India' programme, natural resources available, poised to double

The size of the Indian textile machinery industry is poised to double to Rs 45,000 crore by 2022 from the present Rs22,000 crore in light of new projects and emphasis on setting up textile parks, said Sanjay Lathia, Chairman of India International Textile Machinery Exhibitions.

Modi government's 'Make in India' programme is also expected to help the textile sector by way of increase in demand for modern machineries.

The country has the potential to become manufacturing hub in the textile machinery with abundance of skilled labour, low cost and natural resources available.