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Related Keywords: cotton production and marketing, educational trip, largest cotton market in US, leading importers of cotton, Memphis, National Cotton Council, toured by twelve Pakistain textile executives, translate into better business

Memphis, currently the 9th largest market in the U.S. was toured by twelve textile executives from Pakistan, who is one of the world’s leading importers of their cotton on Tuesday and Wednesday to learn more about cotton production and marketing in the U.S.

The National Cotton Council in Memphis is making sure that their vital cotton crop is not only relevant at home, but overseas, as well. In the mid south, cotton is king.

Related Keywords: Auckland based wool tech firm, financial backing, home grown wool, Kiwi and international investors, special materials, specializes in developing, Texus Fibre, using natural properties

Auckland-based wool tech firm, Texus Fibre specializes in developing special materials using the natural properties found in home grown wool gets financial backing from Kiwi and international investors to the tune of $1m.

Nick Davenport, founder and director of Texus Fibre, said that the funds will be utilized to carry out market research, business and brand development and to advance the company's research and development programme.

Related Keywords: A Sakthivel, AMHSSC, Apparel Export Promotion Council, becomes fully operational, launched jointly by, Ministry of Textiles, National Skill Development Corporation, President of TEA, Skill development programme, Tirupur Exporters Association

A Sakthivel, President of Tirupur Exporters Association (TEA) announced that the Apparel, Made-Ups and Home Furnishing Sector Skill Council (AMHSSC) launched jointed by the Ministry of Textiles, National Skill Development Corporation (NSDC) and the Apparel Export Promotion Council has become fully operational.

It is crucial to determine the quality of training to ensure success of the skill development programme. Skill assessment therefore has become an essential part of skill development,” Sakthivel said.

Related Keywords: attract new investment, entire refund verification, FBR, in zero rating facility, include export oriented, liquidity crunch, Pakistan Readymade Garment Manufacturers and Exporters Association, PRGMEA, revive economic growth, sanctioning process, streamline, value added textile industry

The Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) in order to attract new investment, revive economic growth and get rid of liquidity crunch has urged for zero rating facility be given to export-oriented, value-added textile industry.

Prgmea Chairman Ijaz Khokhar in a statement on Saturday said that ‘No Tax, No Refund’ formula should be applied to value-added textile chain by including it in zero-rated regime as it is generating more employment and more revenue from other textile chain.

Related Keywords: decrease in demand, domestic and international market, due to digital textile printed fabrics, jacquar machine, Jacquard weavers, Jacquard Weavers Association, price decreased, stiff competition, Surat MMF hub, weaving jacquard fabrics

Jacquard weavers of Surat, the country’s largest man-made fabric (MMF) hub are facing stiff competition and decrease in demand in domestic and international market due digital textile printed fabrics. The price of weaving jacquard fabrics in the domestic and international markets has also decreased from Rs 4 to Rs 16 per metre.

Related Keywords: aim to achieve textile exports, create additional jobs, domestic and international front, expert committe, investment in textile sector, New national textiles policy, road map, Santosh Gangwar, skilled work force, Textile Minister, Textile parks

India’s new national textiles policy is being finalized which aims to achieve USD 300 billion textiles exports by 2024-25 and envisages creation of additional 35 million jobs.

The Textiles Ministry has set up an expert committee headed by Ajay Shankar, member secretary, national manufacturing competitiveness council for review and revamp the textile policy 2000.

Related Keywords: API, electricity price, Indonesian textile and garment industry, Indonesian Textile Association, investment from foreign investors, labor cost, potential trade agreement, rising challenges

Indonesian textile and garment industry regardless of rising challenges by way of new electricity prices and increase in labor costs expects to receive investment of around Rp 3 trillion (US$230.15 million) this year. According to Indonesian Textile Association (API) chairman Ade Sudrajat, sizeable portion of Rp 1 trillion will derive from a local firm, while the majority will come from foreign investors, particularly from China, South Korea and Taiwan.

Related Keywords: Cooptex, designer saris, e-commerce major, join hands with Flipkart, kurtis, larger customer base, linenware, new generation, online shopping firm, organic salwar, organic saris, readymade shirts, silk shirts and dhotis, soft silk saris, to sign MoU

Tamil Nadu Handloom Development Corporation, popularly known as Co-optex in a bid to take its finest products to a larger numbers of customers across the globe is all set to sign a Memorandum of Understanding with 8-year-old Flipkart, an e-commerce major.

T.N. Venkatesh, Managing Director, Co-optex, on Saturday after inaugurating the renovated ‘Gandhimathi Co-optex Showroom’ at Tirunelveli Junction said that they plan to sign the MoU with Flipkart on May 15 with the objective of taking their products to a larger customer base through this online shopping firm.

Related Keywords: Afghan cashmere, Afghan made, Afghanistan Business Innovation Fund, Belgian investor Traitex, British company Cashmere Fibres International, cashmere action plan, cashmere goat herders, Cashmere not wool but hair, chinese market, hand knitted garment, jiont venture, luxury product, potential as major producer, spinning company

Afghan farmers not long ago collected the thick winter undercoat their goats shed every spring and threw it on the fire to heat their homes and cook their food have learned that the super-soft fluff that comes off in clumps as the weather warms up, once cleaned, refined and spun into yarn is cashmere — a luxury product that finds customers as far away as the United States, Britain and Europe.

Related Keywords: a source of livelihood, cultural heritage of hill, end of subsidy on woolen yarn, Himachal Pradesh weaving industry, lack of promotion, market accessibility, reeling under crisis, Weaving is a rich

Himachal state's weaving industry that was already reeling under crisis for want of proper policy industry. The downward slide in the industry began in late 90s owing to increased competition, lack of promotion and market accessibility. With the union government ending subsidy on woolen yarn, it has put the weaving industry further into very difficult situation.

Not only Himachal Pradesh, but weavers of neighbouring states of Uttarakhand and Jammu and Kashmir, in fact weaving industry largely depends upon wool is facing an uncertain future.