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National workshop on textiles organized in Surat with the aim of making SITP more effective

Related Keywords: generate employment, Ministry of Textiles, national workshop, promoting textile ecosystem, scheme for integrated textile park, SITP, skill development initiatives, special purpose vehicles, technological advancement, vision of Make in India

The Ministry of Textiles, in line with Prime Minister Narendra Modi’s vision of ‘Make in India’, has organised a two-day national workshop in Surat today. The workshop is aimed to help Scheme for Integrated Textile Parks (SITP) more effective.

SITP wants to fill infrastructure gap in the textiles and apparel industry. It seeks to do this by encouraging the industry to set up greenfield industrial parks with partial capital grant support from the ministry.

Square Textiles plans to step up its yarn production capacity with an investment of Tk 114cr

Related Keywords: concern of Square Group, experience in yarn spinning, knitting and weaving yarn, largest producer, plan to increase, Square Textiles, vertically integrated set ups, yarn production capacity

Square Textiles, a concern of Square Group having over 12 years of experience in yarn spinning. The industry is one of the largest producers of knitting and weaving yarns in Bangladesh. Today it has one of the most sophisticated vertically integrated set-ups by which they are producing 21,600 tonnes of yarn a year at its three units. Square Textiles is planning to increase its yarn production capacity with an estimated investment of Tk 113.87 crore.

New edition of Indigo New York textile design begins

Related Keywords: appliqués, embroideries, future trends in fashion, home furnishing design market, Indigo New York Textile Design show, into latest techniques, jacquards and transfer papers, knits, North American textile design market, Premier Vision presents, provides visitors insignt, variety of new collection

Premier Vision is presenting Indigo New York Textile Design Show that provides visitors with insight into the latest techniques through a variety of new collections and showcases the direction of future trends in the fashion and home furnishing design markets. It is the most important and influential show for the North American textile design market.

This season it will be introducing a special edition for Summer Collection 2016. The Summer 2016 design show is hosting 86 exhibitors selected according to quality and creativity criteria bringing the best of designs.

Myanmar trying to establish itself as a leading textile manufacturing hub

Related Keywords: boost economic growth, drawn manufacturers attention, establish as leading manufacturing hub, export earning, low cost production, Myanmar to expand textile industry, new national export strategy

With the change in the political scenario, Myanmar is trying to establish itself as a leading manufacturing hub. The ongoing quest for low cost production has drawn manufacturers' attention to the clothing industry in Myanmar.

Myanmar will expand its textile and garment industry under the country's new national export strategy as a means to boost economic growth, with the sector's export earning targeted at $2 billion for the 2015-16 fiscal year.

Ethiopian textile sector turning into priority area for investment

Related Keywords: ample manufacturing opportunities, Bangladesh of Africa, Ethiopian textile industry, Growth and Transformation Plan, largest manufacturing industry, lion share of employment, priority areas for investment, production of textile and garments, spinning, weaving and finishing of textiles

The textile industry is the largest manufacturing industry in Ethiopia. There are a number of state-owned and private textile and garment factories. The industry contributes the lion-share of employment in the manufacturing sub-sector. Ethiopia is rightly christened as the ‘Bangladesh of Africa’.

Under the Growth and Transformation Plan, “production of textile and garments” besides leather products, cement industry, metal and engineering, chemical, pharmaceuticals and agro-processing are priority areas for investment.

Victoria Classics, a home textile wholesales to shif its headquarter to North Bergen

Related Keywords: bedding, curtains, leader of home textile industry, major importer of high quality products, other accesories, shifting headquarters, Victoria Classics, want of large industrial space, wholesaler

Victoria Classics, leader of home textile industry for over 25 years in Brooklyn who began as a specialty home textile retaile. Today their business is completely wholesale, as they operate as a major importer of high quality home textile like bedding, curtains and other accessories in the United States is shifting its headquarters from home to North Bergen for want of large industrial space for a more corporate office, according to an official.

Picanol group sets benchmark its with 20,000th OptiMax fast rapier weaving machine

Related Keywords: fastest rapier weaving machine, for textile industry, OptiMax, Picanol Group, production, sales of weaving machines and technology, specializes in development

The Picanol Group which specializes in development, production and sales of weaving machines and technology for the textile industry especially the OptiMax –the most advanced and fastest rapier weaving machine produced its 20,000th OptiMax this week.

Dutch company organizing textile production with latest technology in Uzbekistan

Related Keywords: cotton, Dutch company, energy saving equipment, exporter of cotton fiber, Investments, largest textile factory, latest technology, Textile, Textile production, Uzbekistan

Uzbekistan is the sixth-largest producer and third-largest exporter of cotton fiber in the world, with a production of 1.2 million metric tons of cotton fiber per year to get a large textile factory in the Karshi district of Kashkadarya province in Uzbekistan. As a Dutch company, LT Textile Cooperatief UA is organizing textile production and equip it with the latest technology and energy saving equipment.

SIMA wants CCI to start offloading cotton stock to help textile mills

Related Keywords: actual users, CCI to offload cotton, considering financial crisis, due to fall in cotton prices, faced by spinning mills, procured under MSP operations, running short of quality cotton, sell cotton by e-auction, South Indian region, Textile mills, to safeguard interest of farmers, with liberal credit norms

As the textile mills of the South Indian region are running short of quality cotton, the textile industry has requested the textile minister to direct Cotton Corporation of India (CCI) to offload cotton in the market who in order to safeguard the interest of the farmers had procured 86 lakh bales of cotton under minimum support price (MSP) operations.

Due to fall in cotton prices, CCI procured bales of cotton mainly from Andhra Pradesh and Telengana but it has only offloaded 3 lakh bales of cotton and is holding the balance of 83 lakh bales, the south Indian textile industry claimed.

Three party agreement signed to transfer NTC’s Indu Mill land to state

Related Keywords: between NTC, call reputed architects, centre, design the memorial, Devendra Fadnavis, handover land for memorial, Maharashtra CM, NTC sick company, owns the Indu Mill land, state govt, three party agreement, without passing any law in Parliament

The Maharashtra CM Devendra Fadnavis took his first step towards handing over the controversial 12-acre land for a Dr Babasaheb Ambedkar memorial without passing any law in Parliament. Mr Fadnavis convinced PM Modi to hand over the land for the memorial before Dr Ambedkar’s birth anniversary on April 14.

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