Textile machinery industry unlikely to decline

January 9th, 2008

China’s textile machinery market will dwindle as a whole in 2008, many textile experts hold.
However, addressing the first China Textile Technology and Economic Development High-Level Forum, Gao Yong, vice president of China Textiles Industry Association stated definitely that China’s textile machinery market will not dwindle in 2008.
Gao said that the market will not dwindle as […]

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India - Textile Industry woes flow into engineering sector

January 6th, 2008

The textile engineering industry in India is being adversely affected by the difficulties faced by the textile sector in the country.
Orders booked earlier are not being lifted and fresh orders are also not being placed. Exports of textile machinery by the industry are expected to fall below Rs400 crore in 2007-2008 against Rs500 crore achieved […]

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Ban on cotton exports will harm farmers more

January 5th, 2008

The Union Government in the recent past has been taking various measures to protect the interest of the cotton farmers. Some of the important measures include relief packages, particularly to the Vidarbha cotton farmers.
In spite of such steps, suicides by the Vidarbha cotton farmers still continue. It is, therefore, important and the responsibility of the […]

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Textile industry woes flow into engineering sector

December 31st, 2007

Textile engineering industry (TEI) is sceptical about the domestic textile sector attracting the projected huge investment for the Eleventh Plan period in the face of the current difficulties being experienced by the latter.
While orders booked earlier were not being lifted, fresh orders are not forthcoming to the TEI because textile units across the value chain […]

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India - CITI demands relief measures for textile exporters

December 26th, 2007

The Confederation of Indian Textile Industry (CITI) has reiterated that the Central and State Governments should reimburse all duties and taxes to the textile and clothing exporters, since these units are hit by rupee appreciation.
The confederation chairman, P.D. Patodia, has said in a release that though it welcomed the increase in duty drawback rates, the […]

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Textile park to boost yearly export turnover

December 25th, 2007

The Union Government of India had approved the proposal for setting up nearly 25 textile parks across India. These parks are anticipated to boost the Indian textile industry strengthening its position in the international market.
Tamil Nadu Chamber of Commerce and Industry, jointly with Madurai Textile Exporters Association, was seriously considering setting up an Integrated Textile […]

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Industry chief upbeat on textile, garment industry growth

December 20th, 2007

Permanent Secretary for Industry Chakkramon Pasukvanich on Thursday voiced confidence that Thailand’s textile and garment industry next year would grow over half again as much as this year due to the implementation of the Japan-Thailand Economic Partnership Agreement (JTEPA) and the government’s efforts to seek new export markets.
Speaking at a seminar on “The Future of […]

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Textile ministry to submit report on NTBs

December 19th, 2007

The Ministry of Textiles will soon submit a report to the Ministry of Commerce and Industries on the problems being faced by domestic exporters due to non-tariff barriers (NTBs) imposed by the western world.
“The survey is underway and the results are likely in a month. The report will be submitted to the Ministry of Commerce […]

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ITCE Cairo 2008 expects 25 per cent growth as MENA’s textile industry consolidates

December 16th, 2007

the eleventh international African Arabian exhibition for textiles, embroidery, and sewing machinery and accessories, is expected to register a 25 per cent space increase and record visitor attendance, as more than 700 exhibitors from 30 countries confirm their participation at this year’s show, being held over 12 halls at the Cairo International Fair Ground in […]

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Weakening dollar worries Kerala’s textile industry

December 13th, 2007

As the US dollar weakens against the rupee, the going is getting tough for textile exporters here. The dollar, which fell around 15 percent from March this year, has burned a Rs.450-million ($11.4 million) hole in the pockets of exporters.
Kannur, around 350 km north of Kochi, is Kerala’s leading textile export hub. Its export of […]

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Chinese textile industry strives for technical upgrade, survey finds

December 12th, 2007

The rapidly growing Chinese textile industry is continuing to upgrade its technical level, a new survey reveals.
The survey was conducted on China’s textile and apparel markets by a Chinese journal, “China Textile & Apparel” (CTA) this year. With Synovate Ltd as the technical advisor, the survey receives the support from industrial associations including the China […]

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Qualified industrial zones: Trade deal with the US and Israel boosts textiles

December 10th, 2007

In a new two-storey building, scores of computerised machines cut reams of denim into different shapes as women in headscarves bend over new sewing machines. Other women scrub jean shorts with sandpaper to obtain that special, distressed, look.
The Lotus Garments Company factory is a hive of industry, one of many companies taking advantage of an […]

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