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Related Keywords: almost tripled, Boston Consulting Group, higher than US, in China, International Textile Manufacturers Federation, Manufacturing wages, Pacific trade agreement, productivity, weakening competitiveness in manufacturing, yarn production cost

In China, manufacturing wages adjusted for productivity have almost tripled over the last decade, to an estimated $12.47 an hour last year from $4.35 an hour in 2004. China’s surging labor and energy costs are weakening its competitiveness in manufacturing, according to the Boston Consulting Group.

Boston Consulting has estimated that for every $1 required to manufacture in the United States, it costs 96 cents to manufacture in China. Yarn production costs in China are now 30 percent higher than in the United States, according to the International Textile Manufacturers Federation.

Related Keywords: and man-made fibres and yarns, exhibitor number, flax, moves to new venue, regenerated flax, showcase products like fibers and yarns, wide spectrum of natural and blended yarns including cotton, with both gross area, wool, yarn and fibre suppliers, Yarn Expo Autumn

Yarn Expo Autumn 2015 a 3 day event this year with both the gross area and exhibitor number jumping to an all time high moves to new avenue. This year’s autumn fair will be held at new National Exhibition and Convention Center (Shanghai) as this venue allows them to occupy a broader space to accommodate more long awaited yarn and fibre suppliers from around the world. This event will showcase products like Fibers and Yarns etc. in the Textile, Fabrics & Yarns industry.

There has been a continuous decline in the export of 100 man-made fibre yarns in June particularly that of polyester and viscose yarns. In June, 5.57 million kg of man-made spun yarn were exported, comprising 2.58 million kg of polyester yarn, 1.83 million kg of viscose yarn and 0.90 million kg of acrylic yarn. Polyester yarn and viscose yarn exports were down by 25 per cent and 26 per cent in value respectively during the month, whereas acrylic yarn export picked up substantially by 7 per cent in May with volumes gaining 28 per cent.

Related Keywords: acrylic yarn export, polyester yarn export, polyester yarn import in Turkey, polyester yarn import in USA, viscose yarn export, viscose yarn import in Belgium, yarn export, yarn prices in India

In June 2015, India exported cotton yarn to 72 countries with volumes at 92 million kg which was worth US$275 million (INR1,740 crore). The average unit price realization was at US$2.98 a kg, down US cent 1 from previous month and US cents 54 down from the same month a year ago. The largest importer of cotton yarn from India was China, followed way behind by Bangladesh and Egypt. The top three together accounted for more than 60 per cent of cotton yarn with combined volume at 60 million kg worth US$170 million.

Related Keywords: cotton yarn export, cotton yarn export to Bangladesh, cotton yarn export to china, cotton yarn export to Egypt, yarn import in Bangladesh, Yarn import in china, yarn import in Egypt, yarn prices in India

Related Keywords: buy finished products, Egyptian startup, Egyptian textile makers, find textile products onlne, increase textile exports, Ministry of Foreign Trade and Industry, Shahbander, Technology Innovation and Entrepreneurship Center, to help modernize textile industry

To help modernize the textile industry in Egypt, siblings Fatma, Mahmoud and Mohamed El Esnawy after graduating from AUC Venture Labs founded Egyptian startup Shahbander in 2013. They wanted to connect, via a website, factories with clients who wish to buy finished products. Shahbander was Fatma’s idea. After she unsuccesfully tried to help some friends find textile products online, she decided to branch out of the corporate life and start her own business and, using her four years experience in web development and design.

Related Keywords: benefit exporters of textiles, duty free entry, extension for generalised systm of preference, Federation of Indian Export Organisations, from US government, increase the quantum of exports, Indian exprters, into US market, product lines

Indian exporters, after an 18 months prolonged wait finally gets extension for generalised system of preference (GSP) from the US government on Tuesday. The US government has renewed GSP benefits for Indian exporters, retrospectively from August 2013 till December 2017, enabling duty-free entry of 3,500 product lines which exported in July 2013.

The move is expected to benefit exporters of textiles, engineering, gems and jewellery, and chemical products, among others, as their biggest market is the US. It is likely to increase the quantum of exports into the US markets.

Related Keywords: AGOA, American market, EPZ, Kenyan government, Kenyan textile trade, paltry cotton, plan to give cotton farmers boost, providing certified seed, revive textile industry

Following the recent US government extension of the Africa Growth and Opportunity Act (Agoa) for 10 years, under which Kenyan textiles trade in the American market. The Kenyan government has taken the first steps to revive the textile industry with plans to give cotton farmers 750 tonnes of certified seed this year.

In the short term, the government, through the Agriculture, Fisheries and Food Authority (Affa), will provide 50 tonnes of seed for free to cotton growers by end of August, with the condition that farmers commit to provide land for cotton farming expansion.

Related Keywords: calls investors to invest, captial subsidy, common effluent treatment plant, industrial promotion subsidy, Maharashtra Textile Department and Industries Department, MIDC, Nandgaon Peth mega textile park, one stop textile destination, project will have benefits, stamp duty and electricity duty exemption incentives by industries department.

The Maharashtra Textile Department and Industries Department has called investors to invest in India’s one stop textile destination the recently inaugurated mega textile park Nandgaon Peth in Amravati district.

As per the state textile policy, the Maharashtra Industrial Development Corporation (MIDC) initiated project will have benefits of 10 percent capital subsidy and up to 7 percent subsidy. It has seven stars facilities including common effluent treatment plant (CETP).

Related Keywords: Dr. Shila Shahidi, eco friendly, introduced new method to improve polyester dyeability, Iranian researcher, Islamic Azad University of Arak, tack problems of traditional dyeing methods, through plasma surface activation

Iranian researcher Dr. Shila Shahidi and faculty member at the Islamic Azad University of Arak has introduced a new method by which polyester fabrics could be dyed more efficiently through plasma surface activation.

The method is aimed at tackling the problems in traditional dyeing methods, such as weak dyeability, high-temperature, excessive use of water, and discharge of several chemical additives.

The method introduced in this work comprises the formation of functional groups on the surfaces of the polyester fabrics by using atmospheric pressure plasma.

Related Keywords: allocation of funds, Arun Jaitley, discuss issue related to textile sector, FICCI panel, interest subvention for exporters, under Technology Upgradation Fund Scheme

The panel of FICCI Textiles Committee chaired by Shishir Jaipuria met the Finance Minister Arun Jaitley on Saturday to discuss issues related to the textiles sector and pitched increase in allocation of funds under Technology Upgradation Fund Scheme (TUFS) and interest subvention for exporters. FICCI through this meeting has tried to bring to the fore some important issues of pressing concern to the industry in front of the Government.