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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   Legal & Govt. Policy   ...more   Procedure for second hand textile machinery imports to be simplified Mr. E V K S Elangovan Union Minister of State for Textiles said Central Government is working out modalities to simplify procedures for importing second hand textile machinery. Abolition of quota system in textile industry created a boom in the industry a...more by Textile Intelligence Tuesday, 21st February 2006View more news from [ New Delhi ] [ India ] 26% growth in textile exports to US Textile exports to United States and Europe have registered a growth of 26 and 20 % respectively during the current year and the sector has Rs. 18,000 crore investment through various schemes of United Progressive Alliance Government said Mr. Shankarsinh...more by Textile Intelligence Monday, 20th February 2006View more news from [ Mumbai ] [ India ] Vietnam’s textile export goal up to US$10 billion by 2010 In an ad hoc meeting organized by the Ministry of Industry, to discuss the garment sector’s next five-year development plan, Viet Nam’s textile sector last week disclosed that by 2010 their target in export is to increase the previous objective from US $2...more by Textile Intelligence Tuesday, 14th February 2006View more news from [ Hanoi ] [ Vietnam ] Integrated textile park in Madhya Pradesh An integrated textile park is in the pipeline at Satlapur in Raisen district of Madhya Pradesh (MP) under the protection of Madhya Pradesh State Industrial Development Corporation (MPSIDC). The Corporation takes the example of Parks set up in Gujarat, Mah...more by Textile Intelligence Friday, 03rd February 2006View more news from [ Madhya Pradesh ] [ India ] China, Turkey in talks for Textile quota Turkey and China had an inter-governmental meeting on the quotas Turkey had imposed on certain Chinese textile products last week. The meeting between the Turkish under secretariat of foreign trade and Chinese trade ministry lasted for two days....more by Textile Intelligence Saturday, 28th January 2006View more news from [ Beijing ] [ China ] China’s anti-dumping tax from 23 Jan 2006 The Chinese Ministry of Commerce announced that it will levy an anti-dumping tax starting from 23 January, 2006 on an imported chemical....more by Textile Intelligence Wednesday, 18th January 2006View more news from [ Beijing ] [ China ] NMCC to set up technology missions for textiles, leather and food processing Mr. V Krishnamurthy Chairman, National Manufacturing Competitiveness Council (NMCC) on 14th Jan 2006 said that Prime Minister Dr. Manmohan Singh has accepted the principle suggestion of the NMCC to set up technology missions for textiles...more by Textile Intelligence Monday, 16th January 2006View more news from [ Mumbai ] [ India ] Stringent regulations and excessive controls hit the textile industry- Indian PM The Prime Minister of India, Dr Manmohan Singh, on January 7th admitted that stringent domestic regulations and excessive controls have hampered the growth of the Indian textile industry, while inaugurating India Exposition Center in Noida....more by Textile Excellence Saturday, 14th January 2006View more news from [ Noida ] [ India ] Anti Dumping investigation against Chinse POY initiated The Designated Authority in the Commerce Ministry has initiated an anti-dumping investigation against import of polyester partially oriented yarn (POY) from China to determine the existence, degree and effect of alleged dumping of the subject goods origin...more by Textile Excellence Saturday, 14th January 2006View more news from [ New Delhi ] [ India ] Modified Control Arrangement for textile export to EU Control agreement for textile export to the European Union, which has been modified, will take effect from March 15, said an official from the Commerce, Industry & Technology Bureau....more by Textile Intelligence Monday, 09th January 2006View more news from [ Hong Kong ] [ China ] Indian Cabinet clears implementation of South Asia Free Trade Agreement The Indian Cabinet today cleared the implementation of the South Asia Free Trade Area (SAFTA) with effect from 1st January 2006. Announcing this, Shri Kamal Nath, Union Minister of Commerce & Industry, said that the coming into force of SAFTA would be a...more by Textile Intelligence Friday, 30th December 2005View more news from [ Mumbai ] [ India ] Cabinet will discuss SAFTA today The Union Cabinet approves South Asian Free Trade Agreement (SAFTA), which is to come into effect from January 1, 2006 this will be held in a Cabinet meeting today, 29 December. The Cabinet may also take up the Hong Kong WTO ministerial declaration for th...more by Textile Intelligence Wednesday, 28th December 2005View more news from [ New Delhi ] [ India ] South Korean polyester fibers being reviewed by EU? The Korea International Trade Association reported that The EU started a review of South Korean polyester products following demands from domestic businesses....more by Textile Intelligence Monday, 26th December 2005View more news from [ Belgium ] [ Belgium ] Pakistan Govt. plans incentives for textile industry The government is finalising incentives-laden proposals for the textile industry to lure industrialists who are planning to shift their production units abroad because of rising production cost in Pakistan. The Prime Minister is likely to approve the prop...more by Textile Intelligence Thursday, 22nd December 2005View more news from [ Karachi ] [ Pakistan ] US suspends action on 24 import safeguard petitions The US Government has suspended action on around 24 import safeguard petitions covering 42 categories of Chinese imports of textiles and apparel but released the products that were embargoed earlier this year....more by Textile Intelligence Monday, 19th December 2005View more news from [ Washington ] [ USA ] Andra Pradesh Govt. approves new Textile Policy For the first time in the history of the state, the Andhra Pradesh Cabinet approved the new Textile Policy on this Wednesday...more by Textile Intelligence Saturday, 10th December 2005View more news from [ Hyderabad ] [ India ] Govt proposes to set up Jute Technology Mission The Government admitted that there is a proposal to set up a jute Technology Mission (JTM). This will require an investment of Rs 355 crore. Regarding this, Union Textiles Minister of India Mr Shankar Singh Vaghela has informed Rajya Sabha, that the propo...more by Textile Excellence Thursday, 01st December 2005View more news from [ New Delhi ] [ India ] US Congress allots a grant of US$ 13 mln to National Textile Center The U.S. Congress has announced US$13 million to support the National Textile Center (NTC) last week. The funding is for research designed to make the U.S. textile industry more competitive globally and is included in the Fiscal Year 2006 Science, State,...more by Textile Intelligence Wednesday, 30th November 2005View more news from [ Washington ] [ USA ] No withdrawal of Textiles Committee cess: Vaghela The Union Government is not in favour of withdrawing the Textile Committee cess as large amounts of cess are yet to be recovered, Shankarsinh Vaghela, Union Textiles Minister, said here on Wednesday. Addressing the annual Economic Editor's Conference or...more by Textile Excellence Thursday, 24th November 2005View more news from [ New Delhi ] [ India ] Indian PM in favour of SAARC museum Indian Prime Minister, Dr. Manmohan Singh today suggested the establishment of a ‘SAARC Museum of Textiles and Handicrafts’ in an effort to preserve South Asia’s exquisite culture....more by Textile Intelligence Saturday, 12th November 2005View more news from [ Dhaka ] [ India ] India: Government provides health cover to handloom workers Government has provided a diwali bonanza to around one million textile weavers and allied workers by launching a health insurance scheme....more by Textile Intelligence Saturday, 05th November 2005View more news from [ New Delhi ] [ India ] Carolinas Officials in favour of trade deal. Textile executives, trade groups and politicians openly welcomed the U.S.-China trade deal that is supposed to provide new avenues to textile companies to explore new markets or new products. After five rounds of negotiations and seven rounds of talks, a...more by Textile Intelligence Friday, 04th November 2005View more news from [ Carolina ] [ USA ] India: New AP Textile Policy will empower the industry To provide sustainable employment to weavers and workers in the textile, handloom, and powerloom sector, the Andhra Pradesh Cabinet on Wednesday November 2nd 2005, approved the new textile policy for the first time in the history of the State....more by Textile Intelligence Thursday, 03rd November 2005View more news from [ Hyderabad ] [ India ] RBI allows banks to issue L/C for ECB by textile units To enhance the credit flow in the textile industry, the Reserve Bank of India has allowed the banks to issue bank guarantees or standby letters of credit, in respect of external commercial borrowing (ECB) raised by textile companies....more by Textile Excellence Sunday, 30th October 2005View more news from [ New Delhi ] [ India ] Indonesian Textile Firms Firing Thousands of workers In the first fortnight of October, over 70,000 workers have been laid off in Indonesia since the government hiked fuel prices on October 1, as reported in the local media....more by Textile Excellence Friday, 28th October 2005View more news from [ Jakarta ] [ Indonesia ] India: Hi-Tech weaving parks to be ready in six months Three Hi-Tech shuttleless weaving plants in Tamil Nadu will be completed in six months, according to Minister of State for Handlooms and Textiles....more by Textile Intelligence Monday, 24th October 2005View more news from [ Chennai ] [ India ] Asia's textile industry grows well: Singapore minister. Singapore's Minister of State for Finance and Transport Lim Hwee Hua said here Tuesday that Asia's textile and garment industry is growing significantly....more by Textile Intelligence Friday, 21st October 2005View more news from [ Singapore City ] [ Singapore ] Removal of differential tax Ending their traditional rivalry, composite textile mills and independent weavers in the unorganised sector are joining hands, thanks to the removal of the tax differential between them....more by Textile Intelligence Friday, 21st October 2005View more news from [ Mumbai ] [ India ] Dhaka Govt to lease mills to pvt. parties The government is seriously mulling lease of 19 state-owned textile mills that have taken Tk 5 billion credit from bank, to private parties to operate them on no-profit no-loss basis....more by Textile Excellence Tuesday, 18th October 2005View more news from [ Dhaka ] [ India ] Textiles Ministry to set up 25 textile parks in two years The Union Cabinet has approved the Textile Ministry`s proposal to set up 25 textile parks in two years. According to sources, IL&FS would be the nodal agency, which would facilitate the whole course of action....more by Textile Excellence Tuesday, 18th October 2005View more news from [ New Delhi ] [ India ] Alliance Textiles quits textile business Alliance’s upholstery business, including the manufacture of school wear and aircraft upholstery, has been conditionally sold to Auckland’s Inter-weave Ltd....more by Textile Excellence Monday, 17th October 2005View more news from [ Auckland ] [ New Zealand ] EU could reduce anti-dumping duty on Pakistani bed linen After months of investigations, the European Commisssion could imminently propose a reduction of anti-dumping duties on imports of Pakistani bedlinen....more by Textile Excellence Monday, 17th October 2005View more news from [ Karachi ] [ Pakistan ] EU raises quota for Vietnam’s The EU has officially agreed to increase textile quotas in accordance with the Vietnam and EU textile and garment agreement signed last February, the Ministry of Trade said....more by Textile Excellence Monday, 17th October 2005View more news from [ Brussels ] [ Belgium ] US to consider four new safeguards on textiles The US Government accepted two new petitions yesterday for textiles safeguards on cheese cloth and polyester filament fabric and two reapplications on textiles safeguards for combed cotton yarn and synthetic filament fabric....more by Textile Excellence Monday, 17th October 2005View more news from [ Washington ] [ USA ] Govt funding cleared for Textile sector During the April-September period this year, the Government of India cleared projects worth Rs 96,000 crore from power, steel, coal and textiles sector, an official spokesperson informed the media....more by Textile Excellence Monday, 17th October 2005View more news from [ New Delhi ] [ India ] India: High excise duty & raw material costs to squeeze MMF producer margins Manmade fiber producers may face squeeze in their margins due to high excise duty and rising raw material cost in the current financial year, indicates an ICRA report. Raw material (fiber intermediates) prices in the short term will remain marginally high...more by Textile Excellence Monday, 17th October 2005View more news from [ Mumbai ] [ India ] India: High excise duty & raw material costs to squeeze MMF producer margins Manmade fiber producers may face squeeze in their margins due to high excise duty and rising raw material cost in the current financial year, indicates an ICRA report. Raw material (fiber intermediates) prices in the short term will remain marginally high...more by Textile Excellence Monday, 17th October 2005View more news from [ Mumbai ] [ India ] India: High excise duty & raw material costs to squeeze MMF producer margins Manmade fiber producers may face squeeze in their margins due to high excise duty and rising raw material cost in the current financial year, indicates an ICRA report. Raw material (fiber intermediates) prices in the short term will remain marginally high...more by Textile Excellence Monday, 17th October 2005View more news from [ Mumbai ] [ India ] India: High excise duty & raw material costs to squeeze MMF producer margins Manmade fiber producers may face squeeze in their margins due to high excise duty and rising raw material cost in the current financial year, indicates an ICRA report. Raw material (fiber intermediates) prices in the short term will remain marginally high...more by Textile Excellence Monday, 17th October 2005View more news from [ Mumbai ] [ India ] India: High excise duty & raw material costs to squeeze MMF producer margins Manmade fiber producers may face squeeze in their margins due to high excise duty and rising raw material cost in the current financial year, indicates an ICRA report....more by Textile Excellence Monday, 17th October 2005View more news from [ Mumbai ] [ India ] Runaway success of Textile IPO's The runaway success of IPOs by frontline textile firms like Provogue has seen a slew of medium and small sized textile firms rushing to the capital market to raise funds to finance their expansion-cum-modernisation designs....more by Textile Excellence Sunday, 09th October 2005View more news from [ Mumbai ] [ India ] Indo Rama`s Butibori plant resuming normalcy. The standoff following shooting incident at the Butibori plant of Indo Rama Synthetics on 24th Sept forced the company to close its operation....more by Textile Excellence Friday, 30th September 2005View more news from [ Mumbai ] [ India ] Australia opens office in Shanghai to boost wool sales Turkey's leading yarn and knitted fabric producers, Topkapi Yarn, is expanding capacity of fine count cotton yarn spinning and building its fourth plant at Hadimkoy in Istanbul....more by Textile Intelligence Wednesday, 14th September 2005View more news from [ Shanghai ] [ China ] Pakistan proposes textile QIZs on Pak-Afghan border Pakistan's President Pervez Musharraf on an official visit to the USA has on his agenda to discuss the proposed Qualified Industrial Zones (QIZ) to be built on the Pakistan-Afghanistan border....more by Textile Excellence Tuesday, 13th September 2005View more news from [ Karachi ] [ Pakistan ] Indian Merchants' Chamber has welcomed the presentation of an 'Outcome Budget' by the Union Finance Minister, Mr P.Chidambaram Indian Merchants' Chamber has welcomed the presentation of an 'Outcome Budget' by the Union Finance Minister, Mr P.Chidambaram. Mr Kapadia welcomed announcement of outlays of Rs.8,800 crore for National Highways, Rs.6,163 crore for enhancing the refiner...more by Textile Excellence Tuesday, 30th August 2005View more news from [ Mumbai ] [ India ] Russian Govt intends to cancel import duty on textile machinery The Russian govt intends to bring down the customs duty for some light equipment and textile machinery...more by Textile Intelligence Monday, 29th August 2005View more news from [ Moscow ] [ Russia ] JCI to carry out commercial trading of Jute The textiles ministry has allowed jute Corporation of India (JCI) for commercial buying and selling of the commodity....more by Textile Intelligence Thursday, 04th August 2005View more news from [ New Delhi ] [ India ] Govt set guidelines for the Scheme for Integrated Textile Parks Indian Govt. has set out the guidelines for the 'Scheme for Integrated textile parks (SITP)', aimed at establishing 25 new textile parks...more by Textile Intelligence Thursday, 04th August 2005View more news from [ New Delhi ] [ India ] 20% Capital subsidy extended to textile accessories manufacturers The textile ministry has decided to extend the facility of 20 per cent capital subsidy provided for textile machinery...more by Textile Intelligence Wednesday, 03rd August 2005View more news from [ Mumbai ] [ India ] Vietnam abolishes Quota Fees on garment export to US Vietnamese Govt has recently abolishes the fees applied to quotas on garment and textile exports to the US. This brings cheers to around 800 US-bound garment and textile exporters in the country....more by TextileIntelligence Wednesday, 27th July 2005View more news from [ Ha Noi ] [ Vietnam ] Indian Govt to set up 25 Apparel Park Govt. of Textileintelligence.com/news/index.php?ns=India" target="_blank" title="Click to see all the articles,category wise, having the word 'India' in the Headlines or Body.">India has unveiled plans to set up 25 large Textile parks to boost exports and meet its targets. "The cabinet has approved the setting up of 25 integrated Textile parks...more by TextileIntelligence