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Export of cotton from India to China see 56.7% drop in 2014-15

Related Keywords: China reduced cotton imports, Cotton prices in domestic market, from India to China, increase in stock levels, minimum support price, plunge in cotton exports, protect cotton producers, reduction in import quota, subdued

Parliament was informed today that the cotton prices in the domestic market are subdued due plunge in India’s exports to China in 2014-15. Export of cotton from India to China has witnessed turn down by 56.72 percent from 61 lakh bales in 2013-14 to 26 lakh bales in 2014-15.

As a result, there had been slowness in the domestic prices as compared to last year, said Commerce and Industry Minister Nirmala Sitharaman in a written reply to Rajya Sabha. Cotton policy adopted by China is the major reason for less imports.

India to take initiative on the TPP trade deal in Vietnam

Related Keywords: develop new factories, export to TPP member countries, India to take opportunities, Indian government launched, investments in Vietnam garment and textile sector, preferential credit package, to invest in Vietnam, Trans-Pacific Partnership trade agreement, using Indian-made equipment and service, Vietnam is a member, Vitas

The Trans-Pacific Partnership (TPP) trade agreement, of which Vietnam is a member, will come to a conclusion late this year has turned the Southeast Asian country into a so popular destination for investment for export. Many other countries outside of the TPP have already poured billions into the group to grasp the chances for exporting to the remaining eleven members, especially the U.S., which almost every country in the world wants to sell their goods to.

Textiles produced with toxic chemical ban from entering the EU market

Related Keywords: Clothing and textile companies, complained compliance with the ban, dyeing and rinsing agent, European countries, NPE is ubiquitous in the supply chain, on NPE to import, processing of fabrics, use of NPE in textile industry, used for cleaning, voted to extend existing ban

European countries voted unanimously to extend the existing ban on nonylphenol ethoxylates (NPE) to imports because it poses “unacceptable risk” to aquatic wildlife. The use of NPE in the textile industry is made for cleaning, dyeing and rinsing agent in the processing of fabrics.

The use of NPE in the textile industry has been restricted in the EU for 10 years, but the new measures will also ban the import of goods containing the chemical.

Incentive announced for textile sector to boost exports

Related Keywords: boost exports, cash subsidy, duty exemption on plants and machinery, incentive package carries, long term loan, number of exogenous and indigenous factors, Pakistan textile policy, remained stagnant, special DBK, textile and clothing sector, textile sector in Pakistan

The textile sector in Pakistan had remained stagnant over the last decade due to a number of exogenous and indigenous factors. Under the Pakistan textile policy (2015-19), incentive of Rs 64.15 billion cash subsidy to the textile and clothing sector has been announced which would boost the exports to $ 26 billion by 2019. The incentive package carries special duty-drawback rates, duty exemption on plants and machinery and subsidy on long-term loans.

Rise in textile and garment exports turnover to TPP market

Related Keywords: Exports to the US ranked top, first five months this year, increase in export turnover, to TPP countries, US Fashion Industry Association, Vietnamese garment and textile, Vitas

Vietnamese garment and textile has witnessed increase by 69.66 percent in the first five months this year in its export turnover to countries taking part in the Trans-Pacific Partnership (TPP) negotiations compared with the same period last year, according to the Vietnam Textile and Apparel Association’s (Vitas) latest report.

Vitas forecast that the country's textile and garment export turnover could reach $27.5 to $28 billion this year.

Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam are members of the TPP.

Bihar to be the first state to make use of jute geo-textile in PMGSY

Related Keywords: Bihar government, Geotextiles are permeable fabrics, golden fibre, Indian jute mills association, innovative ways to save the jute industry, jute, National Jute Board, PMGSY, rural work department, strongly recommends use of geo textile

The National Jute Board (NJB), Bihar government’s rural works department and the Indian Jute Mills Association (IJMA) has endorsed the use of geo-textile in Pradhan Mantri Gram Sadak Yojana (PMGSY).

Silk Mark Vanya expo 2015 begins in Kochi today

Related Keywords: Aarani, an initiative of Central Silk Board, Chantheri, conducted by SMOI, Crape, educate about quality of silk products, Georgette, Kanchipuram, Kantha, pure silk from fake, silk carpets, Silk Mark Organization of India, Silk Mark Vanya expo, traditional silk producing states, Tribal work, under Union Ministry of Textile

Silk Mark Vanya expo 2015, a six day event began today in Kochi, an initiative of Central Silk Board, under the Union Ministry of Textiles is conducted by the Silk Mark Organization of India (SMOI). The Exhibition cum sale was inaugurate by Cine artist Miya. The main aim of SMOI is to educate people about the quality of the silk products. They should be able to recognize silk which is 100 percent pure from the fake ones. To create awareness, they have arranged Silk games to identify original silk along with the expo.

Italy to announce a €20mn plan to boost textiles, fashion exports to US

Related Keywords: boost Made In Italy brand, Carlo Calenda, fashion exports, initiative to strengthen relationship with US, Italy’s Vice minister of economic development, major media campaign, regarding textiles, special events, to US, trade show, year-long plans to boost Italian exports

Italy’s Vice minister of economic development, Carlo Calenda, to detail the Ministry of Economic Development's year-long plans to boost Italian exports to the US which will involve "trade shows, special events, incoming services and assistance in Italy and a major media campaign. Italy is said to be announcing a €20 million initiative to strengthen its relationship with the US regarding textiles, fashion and leather goods exports.

Designer Archana Kochhar collaborates with Jharcraft to promote Ahimsa silk

Related Keywords: Ahmisa silk is one of the project, approached designers, collaborated with Jharkhand Silk textile and Handicraft Development Corporation, create collection made from Ahmisa silk, Designer Archana Kochhar, guided weavers, Indian textile ministry, Jharcraft looms, promote dying arts and crafts, silk fabric is handwoven, the non-violent fabric

At the beginning of the year, the Indian textile ministry had approached designers to promote few dying arts and crafts of India. To be a part of this movement, they had taken up a few projects with an aim to complete them one at a time. One of which is the ahimsa silk, said the Mumbai-based designer Archana Kochhar who visited the looms where the silk fabric is handwoven, and guided the weavers to make a few designs and colour changes to meet contemporary style requirements.

Vietnam firms dwindling as FDI in textile and garment expands

Related Keywords: export turnover, foreign invested enterprises expanding, key export item of Vietnam, textile and garment, TPP, Vietnamese firms dwindling, Vinatas

Textiles and garments are the key export item of Vietnam, with $24 billion worth of export turnover in 2014 and an expected $27-27.5 billion in 2015. However, there is a big problem that while foreign invested enterprises are expanding, Vietnamese firms have dwindled.

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