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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 Monday, 25th July 2005View more news from [ New Delhi ] [ India ] China puts end to the 10-year US Dollar peg With the mounting pressure from the global economic giants, China finally decided to end the US Dollar-Yuan peg. On July 21st, the People's Bank of China announced a moderate revaluation of the Yuan. China has pegged its currency to the dollar in 1994, wh...more by TextileIntelligence Friday, 22nd July 2005View more news from [ Beijing ] [ China ] Easy norms for release of capital subsidy for textile parks proposed Indian Government has proposed to release the subsidy to these textile parks almost along with the funds sanctioned by the banks financing such projects, according to...more by TextileIntelligence Tuesday, 12th July 2005View more news from [ Coimbatore ] [ India ] India: MP all set for textile boom AT LEAST four major industrial groups of the country have recently committed huge investments either through fresh projects or expansion of the existing facility near Bhopal and Indore. In all, an investment of Rs 2500 crore is likely to materialise in te...more by Textile Intelligence Monday, 27th June 2005View more news from [ Bhopal ] [ India ] Pakistan’s Textile Industry friendly budget welcomed by exporters Pakistan’s textile industry welcomed the federal budget announcement which kept the provision of sales tax relief to the exports of textile. In a series of industry friendly initiatives, the budget also proposes to reduce Custom Duty on PSF...more by TextileIntelligence Tuesday, 07th June 2005View more news from [ Islamabad ] [ Pakistan ] Vietnam and Bangladesh to co-operate in textile, garment manufacturing The Vietnam Textile and Garment Association and its Bangladeshi counterpart have signed a co-operation agreement to promote co-operation between the countries...more by TextileIntelligence Monday, 06th June 2005View more news from [ Ha Noi ] [ Vietnam ] India: Textile ministry to merge two key textile schemes to accelerate development The Ministry of Textiles is planning to merge two existing infrastructure development schemes viz., Textile Centres Infrastructure Development Scheme (TCIDS) and Apparel Parks for Export (APE) Scheme to enhance overall development of production facilities...more by Textile Intelligence Monday, 06th June 2005View more news from [ New Delhi ] [ India ] UK: Textile recyclers receive "positive" signals from WRAP Difficulties faced by textile recyclers in the UK have been discussed at a "constructive" meeting with the Waste and Resources Action Programme (WRAP). The meeting marks the tentative first step towards possible support for a sector that has suffered from...more by Textile Intelligence Saturday, 28th May 2005View more news from [ London ] [ United Kingdom ] India: Exporters highlight their problems to Mr Vaghela The Textile Minister, Mr Shankarsinh Vaghela, on Wednesday, 25th May convened a meeting of textile Exporters and charimens of various textile export promotion councils, including cotton, apparel, carpet, jute and handicrafts, in order to get a grasp of th...more by Textile Intelligence Wednesday, 25th May 2005View more news from [ New Delhi ] [ India ] Hong Kong: US-China dispute will mar Hong Kong’s status as transit port The US's quota re-imposition on three Chinese textile imports will affect Hong Kong's position as a transit port between China and the world, the Hong Kong Trade Development Council (HKTDC) reported....more by Textile Intelligence Wednesday, 18th May 2005View more news from [ Hong Kong ] [ Hong Kong ] USA: NCC throws support behind FTA with DR-CAFTA The National Cotton Council’s board of directors has voted to support the Dominican Republic-Central American Free Trade Agreement after Bush administration officials “satisfied their concerns” about the free trade pact....more by Textile Intelligence Tuesday, 17th May 2005View more news from [ New York ] [ USA ] Pakistan may impose Anti-Dumping Duty on PFY from Far East Pakistan’s National Tariff Commission has recently initiated an investigation into the alleged dumping of polyester filament yarn (PFY) by Indonesia, Korea, Malaysia and Thailand...more by Textile Intelligence Friday, 13th May 2005View more news from [ Karachi ] [ Pakistan ] INDIA: Silk Mark vouches for the genuineness of the silk In a confidence-building measure, the silk Mark Organistaion of India (SMOI), sponsored by the Central silk Board under the Union Ministry of Textiles, has introduced a silk Mark that vouches for the genuineness of the silk....more by Textile Intelligence Thursday, 12th May 2005View more news from [ Hyderabad ] [ India ] Mr Vaghela updates Rajya Sabha on Indian Textiles Exports performance Shri Shankersinh Vaghela, Minister of Textiles informed the Rajya Sabha on April 28th 2005 about Indian Textiles current performance globally and also its position vis- a- vis China post quota....more by Textile Intelligence Saturday, 30th April 2005View more news from [ New Delhi ] [ India ] USA: USITC votes against Anti Dumping Duty on PET imports from India, Indonesia & Thailand The United States International Trade Commission (ITC) on Tuesday determined that the U.S. industry is not materially injured or threatened by imports of polyethylene terephthalate (PET) resin from India, Indonesia and Thailand...more by Textile Intelligence Thursday, 21st April 2005View more news from [ wahington ] [ USA ] Thailand: FTA signed with New Zealand The visiting New Zealand Prime Minister Helen Clark and Thai Premier Thaksin Shinawatra have signed a free trade agreement at a ceremony held at Government House, on April 20th 2005.....more by Textile Intelligence Thursday, 21st April 2005View more news from [ Bangkok ] [ Thailand ] India: Report on transition from DEPB to duty Drawback this week Government is willing to come up with a WTO compatible Duty Drawback scheme in regard to which the Minister of State for Commerce and Industry has informed the Rajya Sabha that a three member committee has been set up with Mr Saumitra Chaudhari as the Cha...more by Textile Intelligence Thursday, 21st April 2005View more news from [ New Delhi ] [ India ] India: Textile processing sector to get 10% capital subsidy with 5% interest subsidy Cabinet Committee on Economic Affairs has in a major decision provided the Processing sector 10 per cent capital subsidy and 5 per cent interest subsidy....more by Textile Intelligence Wednesday, 20th April 2005View more news from [ New Delhi ] [ India ] Korea: FTA with EFTA in July, says MOFAT In July, Korea and the European Free Trade Association (EFTA) are to sign the final free trade agreement (FTA), according to the Ministry of Foreign Affairs and Trade (MOFAT)...more by Textile Intelligence Wednesday, 13th April 2005View more news from [ Seoul ] [ South Korea ] Pakistan: Govt loses Rs 1billion over cotton stocks carried The cost of carrying 1.6 million cotton bales purchased by the government run Trading Corporation of Pakistan would lead to the government suffering almost Rs 1 billion loss, which are likely to be offered to local mills and exporters....more by Textile Intelligence Monday, 11th April 2005View more news from [ Karachi ] [ Pakistan ] India: DGAD slaps antidumping duties on NBR imports from EU, Mexico & Brazil Directorate General of Andti Dumping has recommended an anti dumping duty on imports of acrylonitrile Butadiene Rubber(NBR) from EU except from Germany, Brazil and Mexico....more by Textile Intelligence Sunday, 10th April 2005View more news from [ New Delhi ] [ India ] China: Disputes can be solved through bilateral talks-Liu Chinese authorities have called the allegations made by EU and US as 'groundless' that Chinese exports are hurting their domestic market, and called for bilateral talks to solve the tension arising out of it....more by Textile Intelligence Thursday, 24th March 2005View more news from [ Beijing ] [ China ] Germany: Wal-Mart criticised for guidelines on Ethics After criticism from the Labour representative of the Wal-Mart’s German arm that the company is asking its employees to follow an ethics code without consulting the employees prior to its implementation, has led to the denial by the Wal Mart authorities a...more by Textile Intelligence Thursday, 17th March 2005View more news from [ Wuppertal ] [ Germany ] EU: European Commission offers GSP to tsunami hit nations The EUropean Commission has suggested including India, Indonesia, Thailand and Maldives in the new scheme of Generalised System of Preferences (GSP) effective April 1, 2005, to help them face the effects of tsunami....more by Textile Intelligence Sunday, 13th March 2005View more news from [ Brussels ] [ Belgium ] USA: Chinese imports should be curbed U.S. imports of textiles and apparel from China shot up about 41 percent in January from December and were nearly 30 percent above a year earlier, U.S. Commerce Department data released on 11th March, 2005 showed....more by Textile Intelligence Friday, 11th March 2005View more news from [ New York ] [ USA ] INDIA: Maneka Gandhi calls for boycott of Australian wool Member of Parliament and animal rights activist Ms Maneka Gandhi has shot-off a letter to 250 Indian companies asking them to stop using Australian wool...more by Textile Intelligence Sunday, 06th February 2005View more news from [ New Delhi ] [ India ] UK: Textile recyclers facing glut of cheap imported clothes The Government and WRAP came under a barrage of criticism from the Textile Recycling Association for their lack of financial support to textiles recycling industry....more by Textile Intelligence Wednesday, 02nd February 2005View more news from [ Manchester ] [ United Kingdom ] Morocco: FTA with the USA to boost textile industry With the Free Trade Agreement (FTA) between the United States and Morocco getting the final seal of approval from the Moroccan legislature, bilateral trade between the two nation is poised for an upswing....more by Textile Intelligence Wednesday, 02nd February 2005View more news from [ Rabat ] [ Morocco ] India: Silk Trading Goes Online India’s Minister of Textiles, Mr. Shankersinh Vaghela, launched online trading in Cocoon and Raw Silk in Mumbai today. This online trading would bring substantial benefit to the traders and manufacturers of silk and silk products as it would introduce sev...more by TextileIntelligence Friday, 21st January 2005View more news from [ Mumbai ] [ India ] India: Duty free import of textile R&D equipments up to 25 per cent of the F.O.B value ensured Similar to Pharmaceutical and biotechnology sectors Centre has decided to extend the scheme of duty free import of R& D equipments up to 25 per cent of the F.O.B. value of exports to the textiles industry...more by Textile Intelligence Wednesday, 19th January 2005View more news from [ New Delhi ] [ India ] EU and India agreed to boost trade in Textile and other areas India and the EU have agreed to find areas of common interest in the ongoing trade negotiations in the WTO and to work for the progress of the Doha Round. This was indicated during the bilateral discussions with visiting Trade Commissioner Peter Mandelso...more by TextileIntelligence Friday, 14th January 2005View more news from [ New Delhi ] [ India ] India: Tax Holiday under section 10B of Income Tax Act extended to units in DTA & converted to 100% EOU Commerce Ministry has clarified that factories set up in the Domestic Tariff Area (DTA) which later converted to 100 percent EOU would qualify for availing benefits under section 10 B of the Income Tax Act...more by TextileIntelligence Friday, 14th January 2005View more news from [ New Delhi ] [ India ] Bangladesh’s consent to FDI in textiles attracts five Indian textile majors The good news of the end of textile export quotas has now become even better, thanks to Bangladesh’s new policy to allow Foreign Direct Investment (FDI) in the coutnry’s textile sector......more by Textile Excellence Monday, 03rd January 2005View more news from [ Mumbai ] [ India ] INDIA: Revised DEPB rates to boost textile exports post MFA In a major boost to the export efforts of the textile trade Post MFA, government has enhanced/revised the Duty-Entitlement Pass Book (DEPB) rates for textile products....more by Textile Excellence Friday, 31st December 2004View more news from [ New Delhi ] [ India ] Pakistan sets up a Textile Ministry, appoints textiles minister With the quota dismantle just around the corner, the Pakistan government has finally set up a Textile Ministry......more by Textile Excellence Thursday, 23rd December 2004View more news from [ Karachi ] [ Pakistan ] India: Illegal Bt Cotton seized in a Vadodara mill raid A team of state agriculture officers from Vadodara raided a mill and have seized......more by Textile Excellence Monday, 20th December 2004View more news from [ Gujarat ] [ India ] India: Premkumar replaces Habibullah as the new Textiles Secretary In a recent administrative restructuring, IAS officer Mr. R. M. Premkumar......more by Textile Excellence Wednesday, 01st December 2004View more news from [ New Delhi ] [ India ] Extend quota norm for shipments before Dec 31 '04: EU The European Commission has proposed to continue the quota regulations up to March 31, 2005 for textile goods shipped before January 1, 2005 to its member countries....more by Textile Excellence Wednesday, 03rd November 2004View more news from [ Brussels ] [ Belgium ] India: CCI to procure more crop to stabilise market price The Centre has asked the cotton Corporation of India (CCI) to undertake unlimited procurement of the crop......more by Textile Excellence Friday, 22nd October 2004View more news from [ New Delhi ] [ India ] India: Textile Ministry draws plans to make industry competitive The Ministry of Textiles has drawn a three-way strategy to help textile and clothing sector to face global competition...more by Textile Excellence Wednesday, 20th October 2004View more news from [ New Delhi ] [ India ] China: EU urged to grant Full market economy status China has urged the EUropean Union (EU) to grant it full market economy......more by Textile Excellence Monday, 11th October 2004View more news from [ Beijing ] [ China ] Pakistan: Industry assured of guaranteed raw material supply Pakistan's government has agreed to ensure uninterrupted raw material at reasonable prices to the country's textile millers......more by Textile Excellence Thursday, 07th October 2004View more news from [ Karachi ] [ Pakistan ] S Africa: SACU, US FTA talks reach blind alley Free Trade talks between the five members of Southern African Customs Union (SACU) and the US has reached a dead end......more by Textile Excellence Sunday, 26th September 2004View more news from [ Cape Town ] [ South Africa ] Thailand and India will sign FTA on 1st September 2004 Thailand and India would enter into a Free Trade Agreement (FTA), during Thailand’s Commerce Minister’s visit to the country, on 1st September 2004......more by Textile Excellence Monday, 30th August 2004View more news from [ Bangkok ] [ Thailand ] India: Govt mulls over ‘technology mission’ concept Citing ‘cotton production’ and ‘manufacture of textiles’ as the two areas of concern, the Cabinet Committee on Economic Affairs might soon introduce technology mission on cotton......more by Textile Excellence Thursday, 26th August 2004View more news from [ New Delhi ] [ India ] Adidas sues Ralph-Lauren for trademark infringement German athletic shoe and clothing maker Adidas has moved a US federal court to challenge Ralph Lauren line of Polo clothing bearing a similar design......more by Textile Excellence Thursday, 26th August 2004View more news from [ Portland ] [ USA ] India: MoT to formulate brand-building policy on exports The Ministry of Textiles, Government of India, is expected to come out with a policy for increasing India's market share through brand building......more by Textile Excellence Saturday, 21st August 2004View more news from [ Mumbai ] [ India ] India: States in consultation to finalise VAT rates As the VAT regime would come into effect from April 1st 2005, State governments are in consultation to finalise VAT rates......more by Textile Excellence Saturday, 21st August 2004View more news from [ New Delhi ] [ India ] India: New development scheme designed for Ludhiana textile sector Industry sources reveal that the Ludhiana textiles and hosiery sector is hoping to receive Rs. 60 crore under the cluster development scheme......more by Textile Excellence Friday, 20th August 2004View more news from [ Ludhiana ] [ India ] Israel: Half yearly growth registered at 4.1% of GDP for 2004 Israel’s economy grew by 4.1 percent in the first half of 2004, as per the figures released by the Central Bureau of Statistics....more by Textile Excellence Wednesday, 18th August 2004View more news from [ Tel Aviv ] [ Israel ] Pakistan: Fiber testing labs to be set up for the cotton industry With a view to enhance quality inspection of cotton lint, the Government of Pakistan has decided to set up fiber testing laboratories in the industry......more by Textile Excellence Tuesday, 17th August 2004View more news from [ Karachi ] [ Pakistan ] India: Polluting textile units of Rajasthan to be shifted to new locations Rajasthan government has decided to ask the polluting units of five major dying and printing centers to move out......more by Textile Excellence Sunday, 15th August 2004View more news from [ Jaipur ] [ India ] Vietnam: US customs officials to test the veracity of origin claims A delegation of three US customs officers arrived in Vietnam to inspect garment and textile enterprises in the country to establish the origin of Vietnamese export garments....more by Textile Excellence Tuesday, 10th August 2004View more news from [ Hanoi ] [ Vietnam ] WTO emergency meet to tackle textile quota abolition issues The World Trade organisation (WTO) is likely to hold an emergency meeting of the Council for Trade in Goods (CTG), following the proposal of Mauritius for the adjustment of costs related to the quota abolition....more by Textile Excellence Tuesday, 10th August 2004View more news from [ New Delhi ] [ India ] Singapore police burns Fake Gucci, Louis Vuitton & other accessories Fake Gucci handbags, Louis Vuitton trolley bags and Ferragamo wallets worth US$ 500,000 in street value were destroyed by police....more by Textile Excellence Saturday, 07th August 2004View more news from [ Singapore ] [ Singapore ] Textile Sector may get Rs 4000 crore TUF aid for 2004-05 The Government of India has proposed to disburse Rs 4,000 crore to the textile sector under the Technology Upgradation Fund Scheme (TUFS) during 2004-2005...more by Textile Excellence Friday, 06th August 2004View more news from [ New Delhi ] [ India ] INDIA: South India to have the largest silk reeling facility To compensate for the huge import of silk from China, India is setting up its largest silk reeling facility in South India to produce international quality yarn...more by Textile Excellence Friday, 06th August 2004View more news from [ New Delhi ] [ India ] Ugandan textile products get duty-free access to Canada A Memorandum of Understanding (MoU)has been signed to allow Ugandan textile products duty-free access to Canada......more by Textile Excellence Saturday, 24th July 2004View more news from [ Kampala ] [ Uganda ] Pakistan: New trade policy aims to boost textiles Pakistan’s Minister of Commerce, Humayun Akhtar Khan has recently announced a new trade policy for the fiscal year 2004-05......more by Texitle Excellence Friday, 23rd July 2004View more news from [ Karachi ] [ Pakistan ] India: Finance Ministry clarifies confusion about the CENVAT issue With a view to do away with the confusion that was created from the choice offered to the textile industry to move in or out of the CENVAT, the government has recently made certain clarifications......more by Textile Excellence Tuesday, 20th July 2004View more news from [ New Delhi ] [ India ] India: Commerce ministry rejects EU’s offer of 30 percent additional quotas The new Commerce ministry has rejected EU’s offer to increase textile quotas......more by Textile Excellence Monday, 19th July 2004View more news from [ New Delhi ] [ India ] Vietnam: Vinatex to open a retail outlet in Baghdad Vietnam’s state owned textile and garment major, Vinatex, has decided to open a textile and garment outlet in Baghdad......more by Textile Excellence Saturday, 17th July 2004View more news from [ Hanoi ] [ Vietnam ] Australia signed FTA with Thailand A Free Trade Agreement (FTA) strengthening Australia's economic links with South East Asia, has been recently signed between Australia and Thailand......more by Textile Excellence Monday, 12th July 2004View more news from [ Sydney ] [ Australia ] Vietnam: Two apparel quota allocation projects announced Vietnam's Minister of Trade has revealed government's plan to introduce two projects for apparel quota allotment for next year......more by Textile Excellence Saturday, 10th July 2004View more news from [ Hanoi ] [ Vietnam ] India: A new quota rule bans transfer of textile export quotas In a move to put an end to the misuse of textile quotas, the Union Minister for Textiles, Shri Shankersinh Vaghela has directed to stop sale of transfer of quotas of readymade garments......more by Textile Excellence Friday, 09th July 2004View more news from [ New Delhi ] [ India ] India: Highlights of the Budget 2004-05 To assist in better understanding of the proposals for the Indian textile sector, Textile Intelligence brings for its viewers, the Budget highlights......more by Textile Excellence Thursday, 08th July 2004View more news from [ New Delhi ] [ India ] Pakistan: Govt to withdraw 15 percent sales tax on ginned cotton The government has decided to withdraw the 15 percent sales tax on ginned cotton......more by Textile Excellence Monday, 28th June 2004View more news from [ Islamabad ] [ Pakistan ] Powerloom sector might get excise exemption The Powerloom sector can rest assure of complete excise exemption in the forthcoming budget, undoing the 2003-04 Union Budget move to complete the CENVAT chain, across all segments of the textile industry....more by Textle Excellence Monday, 21st June 2004View more news from [ Chennai ] [ India ] Textile debt restructuring scheme to undergo modification The Textile Ministry sources have informed, the current debt-restructuring scheme has not performed up to the expectations, hence is expected to undergo modifications....more by Textile Excellence Saturday, 19th June 2004View more news from [ New Delhi ] [ India ] India: Silk products to flaunt purity mark The consumers can now confirm the purity of silk by checking the Silk Mark Organisation of India (SMOI) logo on it...more by Textile Excellence Friday, 18th June 2004View more news from [ Bangalore ] [ India ] USA: USDA allow mills to import raw cotton US Department of Agriculture (USDA) revealed that it would allow textile mills to import a limited amount of raw cotton....more by Textile Excellence Thursday, 20th May 2004View more news from [ New York ] [ USA ] UNCTAD proposes to help OIC countries in textile sector United Nations Conference On Trade and Development (UNCTAD) is ready to help countries in the Organization of the Islamic Conference (OIC) to cushion the impact of the international textiles and clothing trade liberalization starting next year....more by Textile Excellence Friday, 14th May 2004View more news from [ Abu Dhabi ] [ United Arab Emirates ] UNCTAD proposes to help OIC countries in textile sector United Nations Conference On Trade and Development (UNCTAD) is ready to help Organization of the Islamic Conference (OIC) to cushion the impact of the international textiles and clothing liberalization post 2004...more by Textile Excellence Friday, 14th May 2004View more news from [ Abu Dhabi ] [ United Arab Emirates ] Pakistan: Rs 1.42 billion approved for garment cities A fund of Rs 1.42 billion was approved to establish three garment cities in Karachi, Lahore and Faisalabad......more by Textile Excellence Monday, 10th May 2004View more news from [ Karachi ] [ India ] Forum set up to discuss EU-China trade To prevent the potential trade conflicts that could arise between China and the EUropean Union post-2004, a high-level policy forum has recently been launched......more by Textile Excellence Saturday, 08th May 2004View more news from [ Brussels ] [ Belgium ] Lesotho: AGOA to be extended till 2015 Lesotho has finally succeeded in its task of lobbying for extension of Africa Growth Opportunity Act (AGOA)......more by Textile Excellence Thursday, 06th May 2004View more news from [ Maseru ] [ Lesotho ] US decides to lift quotas from Pakistan’s textiles Pakistan’s Finance Minister Mr Shaukat Aziz has recently declared that the US has decided to lift all quotas placed on Pakistani textiles......more by Textile Excellence Saturday, 24th April 2004View more news from [ Washington ] [ USA ] Pakistan: 24 textile institutes to be set up with Japanese funds Pakistan’s Federal Minister for Industries and Production Mr Liaquat Ali Jatoi said that the government plans to establish 24 textile-training centers with the help of Japanese grant amounting to Rs. 4 billion......more by Textile Excellence Friday, 23rd April 2004View more news from [ Karachi ] [ Pakistan ] Quota phase out seems imminent: US official There seems to be no possibility of a broader textile and apparel quota agreement with China, nor any extension of the Multi Fibre Agreement, which expires on Dec 31 2004,said a US Commerce Dept. Official...more by Textile Excellence Thursday, 15th April 2004View more news from [ Washington ] [ USA ] Revised Foreign Trade Law Effective from July China's recent revision of Foreign Trade Law has received approval from the Standing Committee of the National People's Congress, which would come into force from July 1, 2004....more by Textile Excellence Wednesday, 14th April 2004View more news from [ Beijing ] [ China ] Belgium: EU anti-piracy law welcomed by the industry The anti-piracy law passed by EUropean Union has given the trademark owners the option of seizing the assets of suspected product counterfeiters in any EUropean country, including the ten that will become part of the Union on May 1 2004....more by Textile Excellence Wednesday, 07th April 2004View more news from [ Brussels ] [ Belgium ] USA: Bush’s case in point to make tax cuts permanent In a run up to the Presidential elections,Bush said his goal is to make his tax cuts permanent and to open up overseas markets to North Carolina products...more by Textile Excellence Tuesday, 06th April 2004View more news from [ North Carolina ] [ USA ] Govts’ duality on EU quota offer generates curiosity The government sources have denied out rightly rejecting the EU offer, particularly, if the exceptional facilities are extended to use the increased Quota in any of the categories of India’s choice....more by Textile Excellence Thursday, 01st April 2004View more news from [ New Delhi ] [ India ] TexMin proposes new textile legislation With a view to have access to authentic statistical information about all the textile sectors in the free trade regime, the Textile Ministry has proposed a new act called the Textile Act 2004......more by Textile Excellence Tuesday, 16th March 2004View more news from [ New Delhi ] [ India ] WTO Ruling On European Textile GSP by Wednesday The much awaited findings of the Appellate body of the World Trade Organisation on the panel ruling against the EUropean GSP is expected by wednesday March 10th 2004....more by Textile Excellence Tuesday, 09th March 2004View more news from [ New Delhi ] [ India ] Iranian govt. relaxes cotton import policy The Iranian government has sanctioned cotton imports from all countries, other than the war-ravaged Iraq and Afghanistan......more by Textile Excellence Saturday, 06th March 2004View more news from [ Tehran ] [ Iran ] India denies EU allegation of high textile duties India has disproved the EUropean Union (EU) charge that high Indian tariff regulations are impeding the EU textile manufacturers from accessing the Indain textile market....more by Textile Excellence Friday, 05th March 2004View more news from [ N. Delhi ] [ India ] PERTEXA – a new umbrella organisation for UK’s technical textile industry PERTEXA, the new performance textiles association would now represent all facets of the technical textiles industry......more by Textile Excellence Friday, 05th March 2004View more news from [ Staffordshire ] [ United Kingdom ] Geerdes Intl acquired by CMAI Chemical Market Associates, Inc. (CMAI) has announced the formal acquisition of Geerdes International Inc. a textile consulting company focusing on trade analysi...more by Press Release Thursday, 04th March 2004View more news from [ Houston ] [ USA ] Thailand: Silk features on the national agenda Realising the mounting threat to Thai silk from foreign silk products, the Cabinet has placed it on the national agenda....more by Textile Excellence Wednesday, 03rd March 2004View more news from [ Bangkok ] [ Thailand ] EU Hits U.S. Goods with Sanctions in Trade Battle To compel US to repeal the corporate tax laws that violate the world trade, the EUropean Union on March 01, 2004 slapped millions of dollars in annual economic sanctions on U.S. textiles, jewelry, food, equipment and other exports...more by Reuters Tuesday, 02nd March 2004View more news from [ Washington/Brussels ] [ USA ] No sales tax On silk sarees-Delhi High Court A division bench of Chief Justice, BC Patel and Justice BD Ahmed of Delhi High Court has ordered that Silk Sarees can not be subjected to sales tax...more by Textile Excellence Monday, 01st March 2004View more news from [ New Delhi ] [ India ] Govt take steps to help cotton growers Pakistan’s government is undertaking a number of measures to ensure reasonable remuneration to the farmers against their crop......more by Textile Excellence Saturday, 21st February 2004View more news from [ Islamabad ] [ Pakistan ] Govt plans textile vocational institutes for every district Bangladesh’s textile minister Mr. Abdul Matin Chowdhary said that every district would soon have a textile vocational institute.....more by Textile Excellence Thursday, 19th February 2004View more news from [ Dhaka ] [ Bangladesh ] Kenya’s textile trade with US gives impetus to employment Jobs in Lesotho's manufacturing sector have jumped to 54,000 from 17,000 since textiles production targeting the U.S. market began in earnest in late 2000....more by Textile Excellence Thursday, 19th February 2004View more news from [ Mombasa ] [ Kenya ] State government plans textile city at Bhatinda As soon as Bhatinda gets the status of Special Economic Zone (SEZ), concerted efforts would be made to develop a textile city here......more by Textile Excellence Wednesday, 18th February 2004View more news from [ Bhatinda ] [ India ] Thailand: IT center for garments and textiles proposed Thailand's industry ministry will soon set up an Information technology (IT) center for the garment and textile industries, with an objective to enhance the industry’s production and marketing processes....more by Textile Excellence Tuesday, 03rd February 2004View more news from [ Bangkok ] [ Thailand ] India US Free Trade Agreement a distant dream “Free Trade Agreement between India and USA is an impossibility as both India and USA don’t see eye to eye on trade issues”, said Mr Thomas G. Travis, Managing Partner M/S Sandler,...more by Vikas Srivastava Friday, 30th January 2004View more news from [ Mumbai ] [ India ] IDBI planning US$300 million ECB for textiles recast After the US$300 million external commercial borrowing (ECB) for the steel sector, it's now the turn of the textile sector....more by Textile Excellence Wednesday, 28th January 2004View more news from [ New Delhi ] [ India ] NCDEX Plans Pilot Project For TN Cotton Farmers The National Commodity and Derivatives Exchange Ltd (NCDEX) has planned a pilot project for Tamil Nadu cotton growers on price discovery through futures/options trade in commodity....more by Textile Excellence Wednesday, 28th January 2004View more news from [ Coimbatore ] [ India ] Argentina to curb Brazilian textile imports through licensing In a bid to protect its recently stabilized economy from falling prey to the growing Brazilian imports, the government of Argentina has decided to introduce new licensing system for imports....more by TextileExcellence Saturday, 24th January 2004View more news from [ Buenos Aires ] [ India ] Power tariff rebate for Maharashtra's powerloom industry As a part of slew of incentives announced for the powerloom industry, the Maharashtra government has cut down power tariff for the powerloom sector to Re 1 per unit from Rs 250 per horsepower (hp)....more by Textile Excellence Thursday, 22nd January 2004View more news from [ Mumbai ] [ India ] Naidu personally markets the upcoming garment city The time consuming processes in the disposition of 121 plots in the Apparel Export Park, has compelled the Andhra Pradesh, Chief Minister Chandrababu Naidu to personally market the plots......more by Textile Excellence Wednesday, 21st January 2004View more news from [ Hyderabad ] [ India ] India: Karnataka government plans new policy To relieve the weavers from the pressure of increasing global competition and to boost up the state’s textile industry, the Karnataka government has worked upon a new textile policy....more by Textile Excellence Wednesday, 21st January 2004View more news from [ Bangalore ] [ India ] Additional 5% quota for RMG exporters Just days after the fixing the 10 percent annual quota level, the Ministry has opened additional five percent First-Come-First–Serve (FCFS) quota......more by Textile Excellence Monday, 19th January 2004View more news from [ New Delhi ] [ India ] India: ICMF urges for debt restructuring According to B K Krishnaraj Vanavarayar, the Chairman of Indian Cotton Mills’ Federation (ICMF), the association has approached the government for a Debt Restructuring Fund (DRP) for textile mills....more by Textile Excellence Saturday, 17th January 2004View more news from [ New Delhi ] [ India ] China-US textile consultations to begin today China and the US will begin its discUSsions today to decide upon the new measures that US would impose on the imports of knit fabric, dressing gowns and bras from China......more by Textile Excellence Monday, 12th January 2004View more news from [ Beijing ] [ China ] India misusing antidumping instrument: EU The EUropean Union (EU) has strongly objected to India’s anti-dumping policies......more by Textile Excellence Monday, 05th January 2004View more news from [ Brussels ] [ Belgium ] FinMin exempts yarns and fabrics from excise duties Government has now exempted in-house consumed yarns and fabrics from excise duty, which was overlooked in the recently passed mini budget....more by Textile Excellence Friday, 02nd January 2004View more news from [ New Delhi ] [ India ] Agreement on SAFTA to boost textile trade Foreign ministers from South Asia have agreed to create a regional free trade area, a deal that India's foreign secretary said would help to improve ties with bitter rival Pakistan....more by Press Release Friday, 02nd January 2004View more news from [ Islamabad ] [ Pakistan ] TexMin proposes a technology mission for Jute The Union Ministry of Textiles has proposed to the Planning Commission to set up a technology mission on jute and mesta......more by Textile Excellence Monday, 22nd December 2003View more news from [ Hyderabad ] [ India ] EU To Challenge WTO Panel Ruling On GSP Scheme The latest reports reaching the textiles ministry indicated that Brussels would appeal against a World Trade Organisation panel's ruling in the European Union's Generalised System of Preferences (GSP) scheme......more by Textile Excellence Monday, 22nd December 2003View more news from [ New Delhi ] [ India ] Now cotton farm funding by NCDEX The National Commodities and Derivatives Exchange of India (NCDEX), which commenced live futures trading recently, has tied up with three banks for funding around 200 cotton farmers in Gujarat......more by Textile Excellence Saturday, 20th December 2003View more news from [ Mumbai ] [ India ] Panipat Woolen Mills on the verge of closure With the passage of Modified Voluntary Retirement Scheme (MVRS) the fifty-year old Panipat Woollen Mills (PWM), a unit of National Textile Corporation (NTC), in Kharar is on the verge of closure....more by Textile Excellence Tuesday, 16th December 2003View more news from [ Kharar ] [ India ] Cotton corp refutes farmers' allegations Denying the cotton farmers’ allegations that the Cotton Corporation of India (CCI) was not playing an active part in the cotton purchases, the CCI General Manager, Mr. T Bhanoji Rao has said......more by Textile Excellence Tuesday, 16th December 2003View more news from [ Guntur ] [ India ] Singapore desires to set up JVs in India The Singapore Textile and Garment Mission on their 13-day visit to India revealed their plans to set up joint ventures in India....more by Textile Excellence Thursday, 11th December 2003View more news from [ Coimbatore ] [ India ] Umbrella organization for textiles coming up! Thanks to the Reliance Industries’ initiative, the textile industry would now have an umbrella organization to deal with “conflicting” interests among various bodies and sub-groups......more by Textile Excellence Friday, 05th December 2003View more news from [ New Delhi ] [ India ] Ministry plans a debt restructuring fund for textiles Inaugurating the seventh Asian Textile Conference, the Minster of State for Textile Mr. GN Ramachandran said the government was considering creating a debt-restructuring fund for the textiles industry...more by Textile Excellence Tuesday, 02nd December 2003View more news from [ New Delhi ] [ India ] EC’s strategies to set talks right To bring talks back on track after the Cancun disappointment, the European Commission (EC) has adopted a strategy paper, revealed EC Trade Commissioner Mr. Pascal Lamy....more by Textile Excellence Monday, 01st December 2003View more news from [ Brussels ] [ Belgium ] Tough conditions imposed for External Commercial Borrowings The Finance Ministry has tightened the external commercial borrowings (ECB) guidelines bid to control the inflow of foreign exchange and also prevent appreciation of rupee....more by Textle Excellence Thursday, 13th November 2003View more news from [ New Delhi ] [ India ] Weavers pleased with the TUFS extension Mr. M S Mathivanan said, that he hoped the extension of TUFS would boost up investment into the decentralized weaving industries...more by Textile Excellence Wednesday, 12th November 2003View more news from [ Coimbatore ] [ India ] TUFS extended till 31st March 2007 The Cabinet Committee on Economic Affairs on Thursday has extended the technology upgradation fund scheme that offers soft loans for modernisation of textile units by three years to March 31, 2007....more by Vikas Srivastava Friday, 07th November 2003View more news from [ Mumbai ] [ India ] Pakistan: EU offers enhanced garment import quota Newly elected Central Chairman of Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) has urged upon the government to consider EU offer of 15 quota enhancement......more by Textile Excellence Tuesday, 04th November 2003View more news from [ Karachi ] [ Pakistan ] Government to revive Assam silk industry The project is aimed at the creation and encouragement of self-help group of weavers, and is funded by the North Eastern Council (NEC)....more by Textile Excellence Saturday, 25th October 2003View more news from [ Guwhati ] [ India ] AP govt set to boost the silk production The time has come for the AP silk industry to smile, as the Government is diligently engaged in setting up a full-fledged silk industry in the state....more by Textile Excellence Friday, 24th October 2003View more news from [ Hyderabad ] [ India ] Negotiating committee to avert strike In an effort to avoid a strike in the Jute industry, the West Bengal Government has asked managements and trade unions to form a negotiating committee to sort out the industry's current problems....more by Textile Excellence Wednesday, 22nd October 2003View more news from [ Kolkata ] [ India ] Additional textile quota to be released for US and EU At the request of the SRTEPC, the Government has released an additional quantity of 1.2 million Sq. metres under the FCFS Ready Goods system for......more by Textile Excellence Friday, 10th October 2003View more news from [ New Delhi ] [ India ] Introduction of VAT - Sooner the better "The implementation of Value Added Tax (VAT) cannot wait any longer. VAT has to come for an overall improvement in tax reforms......more by Textile Excellence Thursday, 09th October 2003View more news from [ Chennai ] [ India ] A hi-tech powerloom park planned at Andipatti With an investment of around Rs. 150 crore, a new hi-tech powerloom park is being set up at Andipatti, near Madurai....more by Textile Excellence Tuesday, 07th October 2003View more news from [ Madurai ] [ India ] Consortium of stakeholders to promote eco labeling To promote eco labelling of textile products the textile ministry will soon create a consortium of various stakeholders in the textile industry....more by Textile Excellence Monday, 06th October 2003View more news from [ Bangalore ] [ India ] Clothing companies refused US export visas As a result of disagreement of customs procedures, Vietnamese clothing manufacturers have been refused US export visas by the Ministry of Trade...more by Textile Excellence Friday, 03rd October 2003View more news from [ Hanoi ] [ Vietnam ] TC's workshop for enhancing global competitiveness In its effort to assist the Indian textile industry to become more competitive to sustain the post-2004 challenges, the Textiles Committee (TC) in association with the International Trade Centre (ITC) of UNCTAD/WTO initiated a three-year project in Septem...more by Textile Excellence Saturday, 20th September 2003View more news from [ Mumbai ] [ India ] Pakistan Cotton Ginners Association urge govt. to postpone ban on jute bags The Pakistan Cotton ginners association has demanded the government to postpone the ban on the use of jute bags for carrying cottonseed (phutti) from farms to ginneries for at least one year....more by Textile Excellence Thursday, 18th September 2003View more news from [ Karachi ] [ Pakistan ] Debt Restructuring Package modified to benefit textile mills Indian Cotton Mills Federation has modified the debt-restructuring package for the viable and potentially viable textile mills by extending it to units with a minimum debt exposure of Rs. 2 crore and those with costly loans with a maturity period of over...more by Textile Excellence Tuesday, 16th September 2003View more news from [ New Delhi ] [ India ] India and China to co-operate on WTO issues India and China have decided to co-operate on contentious WTO issues of concern to developing countries....more by Textile Excellence Thursday, 11th September 2003View more news from [ Cancun ] [ Mexico ] Indian textiles to have 12-digit coding system In order to upgrade commercial insight that is required to counter post 2004 challenges, the Union Textile Ministry has decided to bring in a new 12-digit classification and coding system for textile and clothing products....more by Textile Excellence Monday, 08th September 2003View more news from [ Mumbai ] [ India ] Shahnawaz to announce fresh package for jute industry Union textile minister, Mr Shahnawaz Hussain is expected to announce a fresh package for the survival of the jute industry in Kolkata....more by Textile Excellence Tuesday, 02nd September 2003View more news from [ New Delhi ] [ India ] Govt's efforts to rescue the jute industry Govt. has planned under its technology mission to help out the jute industry in a similar fashion as the khadi was done few years back......more by Textile Excellence Monday, 25th August 2003View more news from [ New Delhi ] [ India ] Rupees 70 crore for J&K textiles Two lakh artisans of Jammu and Kashmir will be given Artisans Credit Card(ACC) this year for the timely and adequate availability of working capital......more by Textile Excellence Tuesday, 19th August 2003View more news from [ New Delhi ] [ India ] Textile industry in UP and TN may have contract labour It is expected that Tamil Nadu and Uttar Pradesh may soon bring in legislation to allow contract labour selectively to reform textiles sector......more by Textile Excellence Monday, 18th August 2003View more news from [ New delhi ] [ India ] Indiatex to enter the industry To assist the domestic industry in responding more effectively to the trade challenges of the quota free regime, Indiatex, a new umbrella organisation would soon enter the industry....more by Textile Excellence Sunday, 10th August 2003View more news from [ Mumbai ] [ India ] Indian Textile Association to team up with Bangladesh entrepreneurs During a meeting between the Bangladesh Textiles Minister Abdul Matin Chowdhary and a delegation of Northern Indian textile Mills Association, the members of the delegation expressed their willingness to cooperate with the Bangladesh entrepreneurs to esta...more by Textile Excellence Friday, 08th August 2003View more news from [ Dhaka ] [ Bangladesh ] Invest in our textiles, invites Lesotho BethEUel Pakalitha Mosisili, Prime Minister of Lesotho, has offered an invitation to the Indian investors to invest in the country......more by Textile Excellence Wednesday, 06th August 2003View more news from [ New Delhi ] [ India ] J&K govt increases procurement rate for A-grade wool In order to provide support price to the sheep breeders and check exploitation by middlemen, government of Jammu and Kashmir during a meeting to revive wool procurement rates for the current year announced increase in the procurement rate for A-grade wool...more by Textile Excellence Thursday, 31st July 2003View more news from [ Jammu ] [ India ] SC upholds penalty on silk importer The Supreme Court has set aside the Customs Excise and Gold (Control) Appellate Tribunal's order allowing a firm to sell goods immediately after the import, not complying with the condition of licence for re-export of finished or semi-finished goods....more by Textile Excellence Friday, 25th July 2003View more news from [ New Delhi ] [ India ]

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