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View News Category Wise Legal & Govt. Policy Market Intelligence Industry Opinion Market Trends Import / Export Product Focus Production Company Performance Trade Fair Fashion Product Innovations General Editorial Investments Expansion Plans Awards Symposium Retail Technical Textiles Restructuring / Closures Joint Ventures Bilateral Trade Statistics Acquisition Capital Markets Traditional Textiles   Industry Opinion   ...more   TGSD call for Govt assistance to help textile industry textile manufacturers need support from Turkish government to sustain them, opined Aynur Bektas, Chairwoman of Turkish Clothing Manufacturers Association (TGSD). The ready-wear clothing segment, said Bektas, has been most hit with the cheap imports....more by Textile Intelligence Thursday, 23rd February 2006View more news from [ Ankara ] [ Turkey ] Fiji government to negotiate a better deal with Australia for the garment industry Trade minister Mr. Mandisi Mpahlwa on 06 February said, South Africa and China have agreed in principle a pact to regulate the import of cheap Chinese clothing and textiles, but were still working to finalise a deal. COSATU, South Africa's powerful trade...more by Textile Intelligence Tuesday, 07th February 2006View more news from [ Suva ] [ Fiji ] Africa's cotton can transform its economy World Economic Forum has been told that if processing of Africa's cotton is done within Africa, it would facilitate the process poverty eradication in the continent. Speaking in Davos, Mr. Neil Kearney, General Secretary of the Brussels-based Internationa...more by Textile Intelligence Thursday, 02nd February 2006View more news from [ Brussels ] [ Belgium ] Chinese offer to limit exports, to trust or not to trust Brian Buckingham, MD of House of Monatic, a subsidiary of Brimstone Investment, has expressed skepticism at China’s offer to voluntarily restrict growth of textileintelligence.com/news/index.php?ns=clothing" target="_blank" title="Click to see all the articles,category wise, having the word 'Clothing' in the Headlines or Body.">clothing and textile exports to SA. He said the offer would provide little relief to SA’s textileintelligence.com/news/index.php?ns=clothing" target="_blank" title="Click to see all the articles,category wise, having the word 'Clothing' in the Headlines or Body.">clothing...more by Textile Intelligence Friday, 27th January 2006View more news from [ Cape Town ] [ South Africa ] UNDP for study on textile quota phase out A study on 'addressing impact of phasing out of textile and clothing quota' has ben initiated by UNDP Regional Center in Colombo in the four garment producing LDCs of Asia-Pacific region - Nepal, Bangladesh, Laos and Cambodia. Dr Manuel F Montes, UNDP reg...more by Textile Intelligence Wednesday, 25th January 2006View more news from [ Kathmandu ] [ Nepal ] Low export pricing could invite anti-dumping action on China A leading industry association warned on Friday 20th January in Beijing that, the dwindling unit price of Chinese textile exports to the United States and the European Union last year may lead to more anti-dumping measures from the two major markets this...more by Textile Intelligence Monday, 23rd January 2006View more news from [ Beijing ] [ China ] Recent survey portrays positive outlook for clothing industry in 2006 As per a recent survey commissioned by the Trade Development Council (TDC), up to 70 % of the respondents believe, this year's market outlook will be better than last year as per trends in the clothing industry....more by Textile Intelligence Monday, 23rd January 2006View more news from [ Hong Kong ] [ China ] International technical consultants sought to aid Indian textile industry Indian textile and apparel industry is expanding its capacity to compete with other countries in the post quota scenario. Analysts believe insufficient skilled personnel is a major problem hampering industry progress and it requires foreign consultants to...more by Textile Intelligence Tuesday, 10th January 2006View more news from [ New Delhi ] [ India ] Indian textile firms weave high-growth Despite a dominating Chinese presence, India managed to put in good export performance in the developed markets of the US and Europe. Export is expected to grow this year....more by Textile Intelligence Monday, 09th January 2006View more news from [ Mumbai ] [ India ] SAFTA likely to favour the Bangladesh’s textile industry Bangladesh’s textile industry may be favored by the SAFTA deal, largely for its low-cost manufacturing advantage, helping to get preferential access to the huge India market....more by Textile Intelligence Friday, 06th January 2006View more news from [ New Delhi ] [ India ] SAFTA likely to favour the Bangladesh’s textile industry Bangladesh’s textile industry may be favored by the SAFTA deal, largely for its low-cost manufacturing advantage, helping to get preferential access to the huge India market....more by Textile Intelligence Friday, 06th January 2006View more news from [ New Delhi ] [ India ] Initiate futuristic policies for textile sector in 2006! The industrial sector of India, as well as its textile industry is again looking up for a supportive Budget for the year 2006-07. As the pre-budget memorandum from the concerned bodies have already reached the Finance Ministry with recommendations and exp...more by Textile Intelligence Saturday, 31st December 2005View more news from [ Mumbai ] [ India ] Indian textile export to scale USD 50 billion dollar by 2010 The Indian Textile Industry is expecting a manifold increase in exports by touching the USD 50 billion dollar by the year 2010. Mr. Rajiv Aggarwal Secretary, Textiles Committee, Government of India speaking to newsmen on the eve of a one-day workshop on t...more by Textile Intelligence Wednesday, 28th December 2005View more news from [ Kolkatta ] [ India ] China's textile producers to develop their own clothing label to offset competition The Chinese textile producers have a view that they should develop their own clothing label which will help the tough competition and higher costs for labor, energy and transportation. Chinese garment makers still lag far behind in developing their own br...more by Textile Intelligence Thursday, 22nd December 2005View more news from [ Beijing ] [ China ] WTO: Trade Ministers try to think beyond Hong Kong Trade ministers found the going tough to come to a consensus towards a new pact to boost global commerce by the trade ministers and also they are facing an immediate challenge from African cotton farmers demanding to cut down subsidies. Some of the Minist...more by Textile Excellence Thursday, 15th December 2005View more news from [ Hong Kong ] [ China ] Cotton farmers are in bad situation in Africa The cotton farmers in Africa are in very bad state. The reason for this is subsidies give by the US to the farmers. This has depressed the world prices. The African farmers want these subsidies scrapped but the United States has said rich nations can best...more by Textile Intelligence Wednesday, 14th December 2005View more news from [ Korhogo ] [ Ivory Coast ] Borrowings by Pakistan textile sector has slowdown The main reason for overall decline in Pakistan’s private sector credit take-off is that, the flow of bank credit has been slow for the textile sector. According to a banker, “The textile sector is not borrowing aggressively though the cotton arrival is a...more by Textile Intelligence Wednesday, 14th December 2005View more news from [ Karachi ] [ Pakistan ] Bangladesh may lose competitiveness in global knitwear market A newly formed forum in the knitwear sub-sector of the apparel industry apprehends that Bangladesh may lose part of the international market of its knit products due to the persisting yarn scarcity on the local market....more by Textile Intelligence Wednesday, 07th December 2005View more news from [ Dhaka ] [ Bangladesh ] Vietnam Garment and Textile Group (VGTG) begins t take shape A policy was signed on 2nd Dec by the Prime Minister of Vietnam to ratify a pilot project on establishment of the Vietnam textileintelligence.com/news/index.php?ns=garment" target="_blank" title="Click to see all the articles,category wise, having the word 'Garment' in the Headlines or Body.">garment and textile Group (VGTG), which will act as a holding company engaging in textileintelligence.com/news/index.php?ns=garment" target="_blank" title="Click to see all the articles,category wise, having the word 'Garment' in the Headlines or Body.">garment and textile, investment and finance....more by Textile Intelligence Tuesday, 06th December 2005View more news from [ Hanoi ] [ India ] Federation of Andhra Pradesh Industries come out with SLBC In order to provide more finance in the form of loans to the industries in Andra Pradesh, the Federation of Andra Pradesh Industries (FAPI) has come out with a State-Level Banker Committee (SLBC). The federation has urged to include Jute sector in the tex...more by Textile Intelligence Monday, 05th December 2005View more news from [ Hyderabad ] [ India ] Synthetic fibre industry seeks 4% common Cenvat The synthetic fibre industry has petitioned the Government seeking a 4 per cent common Cenvat rate on all types of textile fibres, with an option to stay in the Cenvat chain or not....more by Textile Excellence Friday, 25th November 2005View more news from [ New Delhi ] [ India ] India: FICCI for cut in excise, custom duties for textile sector In its pre budget memorandum FICCI has asked Finance Ministry to reduce duties on raw materails and to bring it lower than the finished products....more by Textile Intelligence Thursday, 24th November 2005View more news from [ New Delhi ] [ India ] EU delegation to meet with Scottish textiles industry A group of influential policy makers from the EU will visit Scotland this week to discuss how international trade issues are affecting Scottish textiles companies....more by Textileintelligence Tuesday, 01st November 2005View more news from [ Scotland ] [ United Kingdom ] East African Countries for Common Textile Policy MEMBER countries of the East African Community, with an objective to promote cotton, are planning a common textile policy....more by Textile Intelligence Tuesday, 25th October 2005View more news from [ Cape Town ] [ South Africa ] Zimbabwe shops lose to Asian influx At least 35 Zimbabwean textile firms have closed down in the last three years due to competition posed by cheap Asian imports, a Zimbabwe financial newspaper has reported....more by Textile Excellence Monday, 17th October 2005View more news from [ Harare ] [ Zimbabwe ] India to slash duties on Bangladeshi textiles: report According to the sources, the Indian government is planning to slash duties on a wide range of Bangladeshi textile imports....more by Textile Excellence Wednesday, 21st September 2005View more news from [ New Delhi ] [ India ] Greater investment needed to boost productivity and competitiveness. India is becoming costlier than its neighbours and this is taking away its competitive edge. This view emerged at a seminar on 'Strategies and Preparedness for Trade and Globalisation in India' conducted by the Textiles Committee of the textiles ministry...more by Textile Excellence Tuesday, 20th September 2005View more news from [ Bangalore ] [ India ] Textile Association of India, Mumbai elects new President and Vice President The 54th Annual General Body Meeting of The Textile Association (India) was held on 30th August 2005, at Century Bhavan Auditorium...more by Textile Excellence Friday, 09th September 2005View more news from [ Mumbai ] [ India ] 'Outcome Budget' is a welcome step towards transparency: IMC Indian Merchants' Chamber has welcomed the presentation of an 'Outcome Budget' by the Union Finance Minister, Mr P.Chidambaram....more by Textile Excellence Wednesday, 17th August 2005View more news from [ Mumbai ] [ India ] Belgium: EU to follow in the footsteps of US on China safeguards Alarmed by the Chinese exports of apparel products into EU countries the EUratex and countries like Italy and France have urged the Union to take serious safeguards in line with US decision to save the domestic industry from sudden death....more by Textile Intelligence Wednesday, 18th May 2005View more news from [ Brussels ] [ Belgium ] India: Sarla Polyester to invest US$ 500,000 in Honduras sarla polyester Ltd has revised its investment plan in SAVITEX S.A. de C.V. in Honduras....more by Textile Intelligence Saturday, 14th May 2005View more news from [ Mumbai ] [ India ] EU: Euratex appeals for safeguard action against China EU's Textiles and clothing body Euratex has recently made a formal application to the European Commission to apply the special textile safeguard clause to 12 categories of products imported from China....more by Textile Intelligence Sunday, 13th March 2005View more news from [ Brussels ] [ Belgium ] India: SRTEPC Export Award Function - Chairman urges to resolve 80HHC issue At the export award function Mr Rakesh mehra chairman SRTEPC urged Union Minister of Textiles to resolve the serious problems the exporters face including the problem of 80HHC....more by Textile Intelligence Saturday, 05th March 2005View more news from [ Mumbai ] [ India ] India: Favorable situation exists for Indian players, SRTEPC India's export target for textiles of US$ 40 billion, as against the existing export value of US$12 billion, can be achieved by 2010 provided major players grab the opportunity being offered to them by the lifting of the quota system, according to the Syn...more by Textile Intelligence Monday, 07th February 2005View more news from [ Kolkata ] [ India ] Scotland: Russian high profile fashion and design market attracts the Scottish textile industry The Scottish Textile Industry is convinced they can cash on by selling their top quality Made-in-Scotland products to wealthy Russians to cash on the Post quota trade....more by Textile Intelligence Wednesday, 19th January 2005View more news from [ Moscow ] [ Russia ] India: CII urges for reduction of excise duty on PFY In a pre budget recommendation CII has asked for reduction in excise duty on polyester filament yarn to 16 per cent from the current 24 per cent....more by Textile Intelligence Monday, 17th January 2005View more news from [ Mumbai ] [ India ] Indian textile machinery sector set to witness record growth After being dormant for nearly years now, the Indian textile sector is waking up to the opportunities in the post quota regime......more by Textile Excellence Tuesday, 28th December 2004View more news from [ Mumbai ] [ India ] India: Karnataka govt. intends to set up three textile parks Karnataka government is mulling over the idea to set up three textile parks at Davangere, Hubli and Bellary......more by Textile Excellence Sunday, 26th December 2004View more news from [ Karnataka ] [ India ] India: Knit Cloth Manufacturers ask for increase in interest subsidy under TUFS Knit Cloth Manufacturers Association (KniCMA) has asked for higher interest subsidy under TUFS......more by Textile Excellence Tuesday, 21st December 2004View more news from [ Coimbatore ] [ India ] India: Textile companies should set up integrated facilities: SIMA, ICMF Indian Cotton Mills Federation (ICMF) and Southern Indian Mills Association (SIMA) had recently held a meet in the city to discuss industry's action plan in the wake of abolition of quotas......more by Textile Excellence Saturday, 18th December 2004View more news from [ Hyderabad ] [ India ] India: Infrastructure funds scheme for textile clusters lacks lustre The Textile Centre Infrastructure Development Scheme (TCIDS) has brought no cheer to the industry......more by Textile Excellence Friday, 17th December 2004View more news from [ Coimbatore ] [ India ] Exports orders moderate, but at low prices: Pakistani cotton traders Sources with the local markets reveal that the cotton exporters have acquired considerable exports but at lower prices......more by Textile Excellence Monday, 13th December 2004View more news from [ Karachi ] [ Pakistan ] Thailand's Industry Ministry warns on implications of strong Baht In the last few weeks, Thailand's currency Baht has moved up from Bt41.5 to a dollar to Bt39.5, and this, according to the Office of Industrial Economics, is bound to have an inevitable impact on the country's imports and exports......more by Textile Excellence Monday, 13th December 2004View more news from [ Bangkok ] [ Thailand ] A legal roadmap charted for ASEAN textile sectors The Asean Federation of Textile Industries (Aftex) has proposed a legal roadmap for strengthening the textile industry in South-East Asia......more by Textile Excellence Monday, 29th November 2004View more news from [ Vientiane ] [ Laos ] Pakistan: Industry well equipped to fulfil SAARC textile demand Pakistan's Federal Minister for Textiles Mr. Mushtaq Ali Cheema has recently confirmed the country's capability to cater to textile needs of SAARC countries......more by Textile Excellence Thursday, 04th November 2004View more news from [ Karachi ] [ Pakistan ] China: CNTAC enters into a JV with a US company China National Textile and apparel Council (CNTAC has entered into a Joint Venture (JV) with CNTextile LLC, a US company......more by Textile Excellence Monday, 01st November 2004View more news from [ Beijing ] [ China ] Indonesia: Industry could grab 4 percent of US textile market Indonesian Industry and Trade Minister has stated that after the quotas are dismantled, Indonesia could get hold of almost 4 percent of the US' textile and garment market......more by Textile Excellence Tuesday, 26th October 2004View more news from [ Jakarta ] [ Indonesia ] Hong Kong: Garment makers are in no hurry to shift to Mainland Many of Hong Kong’s garment manufacturers who were expected to shift to China in the free trade era, have been showing no such signs......more