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Related Keywords: Brazilian cotton prices, CEPEA Brazil report, cotton acreage, cotton type, delay in availability of cotton, delay in harvest, driven by increasing need to purchase, in new season, receoving early June

Brazilian cotton prices were recovering in early June driven by increasing need to purchase in the short-term and to the expectation of delay in the availability of cotton in the new season from the 2014/15 crop – due to rains. Purchasers with needs for prompt delivery, such as processors in the northeastern and southern regions, were accepting asking prices of sellers, according to a CEPEA Brazil report.

Related Keywords: attract investment, competitive products, cotton spinning, garment factories, increase manufacturing, silk industry, streamline, textile complexes, textile enterprises, traditionally grows cotton, Turkmenistan textile industry, weaving factories, wool processing

Turkmenistan plans to streamline its textile industry to increase the manufacturing of competitive products and attract investment in this industry as it holds an important place in its economic system, the country’s President Gurbanguly Berdimuhammadov said.

Turkmenistan traditionally grows cotton, which serves as a basis for developing the textile industry. The annual turnover of the textile industry is about $400 million as of 2014.

During the last meeting of the Cabinet of Ministers, the issues related to the development of the textile industry were discussed.

Related Keywords: attracts biggest foreign direct investment, capitalize TTP opportunities, FDI project, huge textile and garment projects, lothing projec, manufacturing and processing sector, Polytex Far Eastern Co. Ltd., Vietnam textile and garment industry

Vietnam textile and garment industry attracts majority of the biggest foreign direct investment (FDI) projects as investor want to build the factory in Vietnam to capitalize on the opportunities from the Trans-Pacific Partnership (TPP). Early this week, the government of Binh Duong Province awarded an investment certificate to Polytex Far Eastern Co. Ltd. under Taiwan’s Far Eastern Group to develop a US$274-million clothing project.

Related Keywords: economic difficulties, hundreds of shops sell clothing products, in coming season, integral to Turkey textile industry, know as Turkish textile hub, Laleli Industrialists and Businessmen's Association, Laleli quarter of İstanbul, mainly Russian buyers, major drop in Russian business, make up for its losses, retail and wholesale level

The Laleli quarter of İstanbul known as Turkey’s textile hub with hundreds of shops sell clothing products at the retail and wholesale level mainly to Russian buyers. In the past year and a half having been experiencing a serious Russian-based crisis. They have confronted the economic difficulties that have arisen from this crisis, and in the last few months they have been diminished.

Related Keywords: Apparel manufacturing centre, boost domestic garment industry, bright prospect of India, CMAI, each in eight north eastern states, generate employment, impart training, international market, National Garment Fair, new textile policy, signing FTA with European Union, under skill development program

The Government plans to spend Rs.20 crore in apparel manufacturing centre which will be a single storey building set up on 1.50 acres land and generate employment for about 1,200 people per centre. Such modern apparel manufacturing centre would be set in each of the eight north-eastern States – Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.

Related Keywords: among TPP member countries, apparel and denim sector, barriers to goods and services, economic growth and development, enchance trade and investment, hit by TTP agreement, India plans setting up capacities in Vietnam, Indian textile exports, promote innovation, provide comprehensive market access

Indian textile exports, especially apparels and denim, may be hit with the signing of largest free trade agreements, the Trans Pacific Partnership (TPP) agreement which the United States is in advanced stage of signing with 11 countires, including Japan, Australia, Vietnam, Singapore and Cananda to enhance trade and investment among the TPP-member countries, promote innovation, economic growth and development, and support the creation and retention of jobs, apart from providing comprehensive market access by eliminating tariffs and other barriers to goods and services.

Related Keywords: across globe, amid small lot buying, Cotton market, cotton production, cotton stock, expected to reduce, from needy mills, International Cotton Advisory Committee report, KCA, prices remained constant, reduce in cotton-sowing area, spot rate revised down

Prices on the cotton market remained constant on Friday amid small lot buying from some needy mills while the Karachi Cotton Association (KCA) revised down its spot rate by Rs50, to Rs5,100.

Price of new phutti (seed cotton) in Thatha was Rs2435, Tando Adam Rs2500, Badin Rs2475, Kunri Rs2375, Tando Allah Yar Rs2425, Mirpur Khas Rs2400, Sanghar Rs2465, Burewala Rs2400, Sahiwal Rs2375 and Pakpattan Rs2375.

Related Keywords: ASEAN representative, carry their products, Cotton Council International, demand for cotton grew, Kraipob Pangsapa, partner with two big local manufacturers, search for local manufacturers, to introduce US cotton, United States Cotton sector, use of US cotton shrank, visit to Philippines

United States cotton sector officials are on a visit to Philippine in search for local manufacturers that will carry their products. According to Cotton Council International ASEAN Representative Kraipob Pangsapa, the demand for cotton has seen growth in the Philippines, but the use of US cotton shrank.

Related Keywords: CETPs, effective water management, five location, for textile dyeing units, form clusters, prepare feasibility report, Tamil Nadu Water Investment Company, TWIC, zero discharge of effluents and waste water recycling

Tamil Nadu Water Investment Company (TWIC) is preparing a feasibility report on the proposal to set up combined effluent treatment plants (CETPs) for textile dyeing units at five location in the region. The report will be submitted to the State Government in a couple of months.

Ashok Natarajan, chief executive officer of TWIC said that they are getting feasibility report ready for the project that is planned at Erode, Salem, Namakkal, Komarapalayam and Karur and stakeholders meetings have been conducted for the purpose.

Related Keywords: benefit handloom weavers, develope technical textil, for apparel and garment making centre in Mizoram, foundation stone laid, initiative by Prime Minister, Narendra Modi, NERTPS, provide employment to the youth, set up organized industry, skilled personnel, Weavers' Service Centre established

The foundation stone for an apparel and garment making centre in Aizawl, the capital of Mizoram was laid by Textile Minister Santosh Gangwar today. Apparel and garment making centres are being opened in every state of the Northeastern region as part of the initiative announced by Prime Minister Narendra Modi on December 1, 2014.

The centre will be the beginning of setting up an organized industry in Mizoram. The centre will be managed by the Ministry of Textiles for 5 years and will be handed over to the state government thereafter.