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Related Keywords: Ajay Shankar-led panel, boost exports, but go amiss official target set, coir, handicrafts, including jute, mainly on higher shipment of garments, Make in India concept, of India, Overall textile and garment exports, slowdown in Chinese demand fro cotton and yarn, to increase this fiscal

India‘s overall textile and garment exports, which also include those of jute, coir and handicrafts, likely to increase by 4-5 percent reaching $41 billion this fiscal compared with $39.3 billion a year before mainly on higher shipments of garments and massive slowdown in Chinese demand for cotton and yarn. But, go amiss the official target of $45 billion, trade and industry sources said on Tuesday.

Related Keywords: cotton bales, importing cotton from Gujarat, Indian National Ship Owners Association, reduce cost of transportation, revised rate for transportation, SIMA, Tamil Nadu textile mills, use shipping route

Textile mills in the State of Tamil Nadu to reduce the cost of transportation for importing cotton from Gujarat have started to use the shipping route, instead of road. The volume this year increased to 2,600 containers till January as against 1,200 containers of cotton transported by sea last year from Gujarat to Tamil. It is expected to touch about 4,400 containers by the end of this month.

Related Keywords: and shortage of certified seed, applicable on import of cotton, cotton target set for next season, government proposes imposition of, import and supply of plant and machinery, on cotton, Pakistan upcoming budget, rains/floods, revised due to water shortage, standard sales tax, to generate revenue

The government of Pakistan in the upcoming budget 2015-16 has proposed imposition of standard sales tax on cotton with a view to generating about Rs 50 billion revenue. Currently, sales tax exemption is available on local cotton a 5 percent sales tax is applicable on the import of cotton.

Related Keywords: after the introduction, enhancing silk production in State, Gandhi Shilp Bazar, handicraft exhibition cum sale, Manipur Apex Handloom weavers and handicrafts artisans, Manipur handloom and textiles production sector, Ministry of textile, NER Textile Promotion scheme, regional Apparel and Garment making Centre, setting up, witnessed change

Gandhi Shilp Bazar 2015, a handicraft exhibition cum sale organized by the the Manipur Apex Handloom Weavers and Handicrafts Artisans' CS Ltd under the sponsorship of Office of Development Commissioner (Handicrafts), Ministry of Textiles, Govt of India was set into motion today at Rising Athletic Union (RAU) ground, Khuman Lampak.

Related Keywords: bill of entry, costly affair, denial of permission for third party exports, ensure facility be made available, export performance, for duty free import of machinery, need for upgrading, representation to Union Ministry of Commerce, setup over, Texpreneurs Forum, textile entrepreneurs, under EPCG scheme

Textile entrepreneurs are setup over the denial of permission for ‘third party exports’ for satisfying the export obligations under Export Promotion Capital Goods (EPCG) Scheme in various cases. In this concern, Texpreneurs Forum has made a representation to the Union Ministry of Commerce to ensure that the facility be made available to all for duty-free import of machinery considering the need for upgrading machinery which were costly affair.

Just because some violations occurred it is not wise to impose any denial or temporary ban on the incentives itself.

Related Keywords: advanced trade, enhance economic growth through trade, increase international competitiveness, intra regional trade, launched Southern Africa trade hub programme, run in seven African countries, Southern Africa textile and apparel sector, target technical assistance, trade hub, USAID

The United States Aid for International Development (USAID) launched the southern Africa trade hub programme to enhance economic growth and food security through trade. The programme has been running in Zambia, Lesotho, Swaziland, Namibia, South Africa, Botwana, Malawi and Mozambique from 2010 to September this year, according to the latest report on the USAID southern Africa trade hub.

Related Keywords: buying missions and business forums, connect with local Indonesian business, export of textile, facilitate Turkish businesses, Indonesia, National export development, promote domestic products, set export target, textile products, Turkey, Turkish buyers

Indonesia plans to achieve export target of US$3.87 billion to Turkey within the next four years by facilitating Turkish businesses as well as promoting domestic products, according to the Trade Ministry’s director general for national export development, Nus Nuzulia Ishak.

Indonesia would be facilitating potential Turkish buyers to come and connect them with local business to achieve the target. This would be carried out through buying missions and business forums, Nus said Monday.

Related Keywords: Act East policy, develop extensive economic, in CMLV countires, project development company, set up manufacturing hubs, SEZ, South East Asia, special purpose vehicles, strategic relation, TPP, transfer of resource for acquisition

In the Budget, Finance Minister Arun Jaitley said that the 'Act East' policy of the government endeavors to develop extensive economic and strategic relations in South-East Asia. In order to catalyse investments from the Indian private sector in this region, a Project Development Company will, through separate Special Purpose Vehicles (SPVs), set up manufacturing hubs in CMLV countries.

Related Keywords: business process outsourcing, cotton, east African countries, five years project, for export, improve competitiveness, International Trade Centre, linkage with Indian companies, meet Indian market demand, produce high-quality products, project targets priority sectors, SITA, textiles and apparel, United Nations, World Trade Organization

The World Trade Organization and the United Nations mandated the International Trade Centre (ITC) to design and implement a five years projects called Supporting Indian Trade and Investment for Africa (SITA) to improve competitiveness of five east African countries through linkages with Indian companies.

The $20 million India-East Africa trade and investment improving projects, aims to boost business between the two sides on selected sectors.

Related Keywords: backbone of developing economies, contribute to better environment, digital printing, incorporate new technologies, innovative sustainable products, most water dependent, remain competitive, save water and energy, Textile Industry, waterless dyeing technology

The textile industry, one of the most water dependent industries is also the backbone of many developing economies. With the incorporation of new technologies such as waterless dyeing technology, digital printing etc can help conserve water and help mills remain competitive while reducing their dependence on water and contributing to a better environment.