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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   Editorial   ...more   Remove stringent regulations for better industrial health The Prime Minister of India, Dr Manmohan Singh while inaugurating the India Expo Centre & Mart in Greater Noida on January 7th admitted that stringent domestic regulations and excessive controls have hampered the growth of the Indian textile industry....more by Textile Excellence Saturday, 14th January 2006View more news from [ Mumbai ] [ India ] Initiate futuristic policies for textile sector in 2006! The industrial sector of the country, as well as the 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 a...more by Textile Excellence Monday, 02nd January 2006View more news from [ Mumbai ] [ India ] High Chinese quota prices: A boon for Indian textiles and clothing exports? The recently concluded online bidding process of textile quota in China for textile and clothing export to US was one of its kind in the history of textile trade. The bidding commenced for 60% of all quotas set for public bidding for next year. However,...more by Textile Excellence Friday, 16th December 2005View more news from [ Mumbai ] [ India ] Trade Statistics: Authentic data is a must Recently, TEXPROCIL had organized a series of workshop in three important textile exporting centers to create awareness among the Indian exporters on the importance of putting correct HS Code of corresponding product and filling up the shipping bill to he...more by Textile Excellence Thursday, 01st December 2005View more news from [ Mumbai ] [ India ] Sino-US trade agreement on Textile and Clothing: Breather for India The recently signed bilateral trade agreement between United States of America and China on textile and clothing trade is significant to all involved in the business. Possibly this is one of the longest negotiations that any country had for limiting texti...more by Textile Excellence Wednesday, 16th November 2005View more news from [ Mumbai ] [ India ] ILO report substantiates Post-Quota studies The recent report by ILO on textile and clothing industry reflects that the most of the findings of the studies done before the expiry of the quota system to measure the effect of dismantling of the Quota system proved to be more or less true with few exc...more by Textile Excellence Tuesday, 01st November 2005View more news from [ Mumbai ] [ India ] Asian textiles at the turn of the century! If we look at the textiles industry in general, we will notice the importance that textiles hold for big and small economies within Asia. For some countries such as India and Thailand, the textile sector contributes up to 20% of their GDP; it has provide...more by Textile Excellence Sunday, 16th October 2005View more news from [ Mumbai ] [ India ] Indian Textile Export: Growing or Declining? Recently Union Textile Minister Shankar Sinh Vaghela contradicted the statistical figures on textile export provided by the Directorate General of Commerce Intelligence Statistics (DGCIS). According to the news source, the minister has claimed that the st...more by Textile Excellence Saturday, 01st October 2005View more news from [ Mumbai ] [ India ] EU China textile trade: A lesson to learn! Finally it is the consumers who have won! EU trade commissioner Peter Mandelson succumbed to the pressure from its member countries, where consumers were supposed to get affected by higher price tag on pullovers, trousers, etc. due to blocking of cheap Ch...more by Textile Excellence Thursday, 15th September 2005View more news from [ Mumbai ] [ India ] Indo-China Textile Co-operation: A Trap or an opportunity? Recent initiatives by Texprocil for Indo-China textile co-operation through China National textile and Apparel Council (CNTAC) is welcomed by certain segment of the industry while several others have strong opposition to it. Indian exporters are competing...more by Textile Excellence Thursday, 01st September 2005View more news from [ Mumbai ] [ India ] EU market: Who will win - China or Consumers? Recent report says that European ports are blocked with millions of garments from China, which have crossed the quota limits set by the EU-China textile agreement. Recently both the trading partners had reached an agreement on June 11th and limited the im...more by Textile Excellence Monday, 15th August 2005View more news from [ Mumbai ] [ India ] Yuan revaluation: China yield to buyers demand Finally, China has revalued its currency. The sudden, though not unexpected, appreciation of yuan was the result of mounting pressure from the global economic giants, which forced China to end the US Dollar-Yuan peg. On July 21st, the People's Bank of Chi...more by Textile Excellence Monday, 01st August 2005View more news from [ Mumbai ] [ India ] IPOs help drive investments in textiles The quota removal, the growing Indian economy, the policy reforms, the China fear, the growing retail business all are working in together to boost the Indian Textile Industry. The activity in the textile sector is quite vibrant and cotton textiles and ap...more by Textile Excellence Friday, 15th July 2005View more news from [ Mumbai ] [ India ] EU’s GSP will only benefit Indian garment exporters EU's recent revision of generalized system of preferences (GSP) scheme has excluded Indian textile exporters from availing the benefits. However, the garment exporters will continue to enjoy preferential access to the 25-nation EUropean Union (EU) market...more by Textile Excellence Friday, 01st July 2005View more news from [ Mumbai ] [ India ] EU - China textile agreement: pros and cons The EU - China deal that achieved last week to limit the growth of Chinese textile imports to the EU until 2008 is significant in many of ways....more by Textile Excellence Thursday, 16th June 2005View more news from [ Mumbai ] [ India ] EU – China textile agreement – pros and cons The EU - China deal that achieved last week to limit the growth of Chinese textile imports to the EU until 2008 is significant in many of ways. Both the parties are content with the agreement that covers 10 categories out of 35 product categories which we...more by D J Gohain Tuesday, 14th June 2005View more news from [ Mumbai ] [ India ] Taking the IPO Route So far has been so good. The quota removal, the growing Indian economy, the policy reforms, the China fear, the growing retail business all are working in tandem to boost the Indian Textile Industry....more by Textile Excellence Wednesday, 01st June 2005View more news from [ Mumbai ] [ India ] China safeguards: A ray hope for ailing US textile industry The safeguard measures on Chinese textile exports were inevitable. The recent announcement by Committee for the Implementation of Textile Agreements (CITA) of USA to invoke restrictions on three categories of products from China comes as no surprise for t...more by Textile Excellence Monday, 16th May 2005View more news from [ Mumbai ] [ India ] US safeguard against Chinese textile export: Advantage India The safeguard measures on Chinese textile exports were inevitable. The resent announcement by Committee for the Implementation of Textile Agreements (CITA) of USA to invoke restrictions of three categories of products from China comes as no surprise for t...more by D J Gohain Saturday, 14th May 2005View more news from [ Mumbai ] [ India ] EU, US & China the Changing Dynamics of global textile trade The European Commission's (EC) initiation of investigation into nine categories of textile and apparel products imported from China to the region was inevitable, though delayed by at least 6 months....more by Textile Excellence Sunday, 01st May 2005View more news from [ Mumbai ] [ India ] Should Indian textile industry fear FTA with China? The recent development in Indo- China relationship and the trade related negotiations is indicative of a possible Free Trade Agreement (FTA) between the two Asian giants....more by Textile Excellence Saturday, 16th April 2005View more news from [ Mumbai ] [ India ] Trade loss is opportunity lost! When we are expecting to have an excellent trading relationship with our neighbour Pakistan, it is worthwhile to know the current status of our trade, before we benchmark a level to be targeted....more by Textile Excellence Friday, 01st April 2005View more news from [ Mumbai ] [ India ] Should there be a consensus to limit Chinese Textile Exports? The lifting of quotas on 49% of the remaining textile goods on January 1st was the ending of the 1974 Multi-Fiber Arrangement (MFA)....more by Textile Excellence Wednesday, 16th March 2005View more news from [ Mumbai ] [ India ] Taking stock in the non -quota world The quota-free trade in textiles and clothing became a reality on Jan 1, 2005 with the expiry of the World Trade Organization Agreement on Textiles and Clothing. Dramatic changes expected among producers and traders worldwide....more by Textile Excellence Tuesday, 01st March 2005View more news from [ Mumbai ] [ India ] Budget 2005-06: Discussion on optimum Excise Duty Rate on PFY and POY The humdrum for a while seems to have been reduced by the buzz at the Finance Ministry. Spurred by the implications of the changes in the cotton textiles segment in the last budget the Synthetics textiles segment is on its feet to look for parity this yea...more by Textile Excellence Wednesday, 16th February 2005View more news from [ Mumbai ] [ India ] At Davos: It's opportunity India! The Union Minister of commerce and Industry Mr Kamal Nath's recent declaration at the World Economic Forum (WEF) Session that on the Economic Front 'it is clearly opportuni...more by Textile Excellence Tuesday, 01st February 2005View more news from [ Mumbai ] [ India ] Budget 2005-06 could be a boon for Synthetic and man made industry It is expected India’s Synthetic and Manmade textile industrys`s demand for level playing field in terms of Excise duty may result in some relief in the coming budget....more by Textile Excellnce Sunday, 16th January 2005View more news from [ Mumbai ] [ India ] Welcome to 2005 It cannot be analysed at a time better than now whether the process that started few years ago is on the right track! The progress of various schemes started by the NDA government and then the UPA government whether has laid the path for the Indian Textil...more by Textile Excellence Saturday, 01st January 2005View more news from [ Mumbai ] [ India ] INDIA ITME 2004 - Make the most of it! Indian textile industry is again in the investing regime as the MFA era awaits demise. In the last two years Indian companies have strengthened its position by expanding capacity....more by Textile Excellence Wednesday, 01st December 2004View more news from [ Mumbai ] [ India ] Vision 2009: Govt. to double India's global trade share The Confederation of Indian Industry (CII) has welcomed the Foreign Trade policy announced by Mr. Kamal Nath, Union Minister of Commerce and Industry as, 'comprehensive', 'challenging' and 'forward looking'."...more by Textile Excellence Monday, 01st November 2004View more news from [ Mumbai ] [ India ] Scamper before the deadline A proposal to extend the deadline for the liberalisation of the textile and garment trade will not be modified, since it failed to win the necessary consensus in the WTO....more by Textile Ecellence Saturday, 16th October 2004View more news from [ Mumbai ] [ India ] Industry struck off guard by DEPB cuts Described as a retrograde step by the industry the mid year cut in the DEPB rates are sure to affect the exporters, especially those who were preparing for the Christmas deadlines....more by Textile Excellence Friday, 01st October 2004View more news from [ Mumbai ] [ India ] Strategise to benefit from FTAs: ICRA The recently signed Indo Thai Free Trade Pact is expected to bring cheers for the Indian Textile Industry for allowing it to make its unbridled entry into East Asia, first it will have its presence in Thailand and secondly it would enhance the trade relat...more by Textile Excellence Thursday, 16th September 2004View more news from [ Mumbai ] [ India ] Strategise to benefit from FTAs: ICRA The recently signed Indo Thai Free Trade Pact is expected to bring cheers for the Indian Textile Industry for allowing it to make its unbridled entry into East Asia, first it will have its presence in Thailand and secondly it would enhance the trade relat...more by Textile Excellence Thursday, 16th September 2004View more news from [ Mumbai ] [ India ] ICMF Vision statement a catalyst for growth ICMF's Vision Statement for the Indian textile industry could not have been more timely. Having touched on all the aspects of the industrial trade, the realisation seems to have dawned, be it the government officials or the industrialist that we desperate...more by Textile Excellence Wednesday, 01st September 2004View more news from [ Mumbai ] [ India ] Indo-Thai Free trade pact The best way to make our brands ubiquitous is to sign free trade agreements. On the lines similar to India- Sri Lanka free trade agreement, India and Thailand recently signed the free trade pact, which is a major leap in the bilateral economic relations....more by Textile Excellence Monday, 16th August 2004View more news from [ Mumbai ] [ India ] NTC mills and the real estate market The real estate property market is euphoric about the recent decision of the government, to clear five National Textile Corporation NTC" target="_blank" title="Click to see all the articles,category wise, having the word ' NTC' in the Headlines or Body.">NTC mills for sale and redevelopment, according to the new development control rules....more by Textile Excellence Sunday, 01st August 2004View more news from [ Mumbai ] [ India ] Budget 2004: Incentives for Cotton Textiles Talking of the recent budget, it's been a boon for the textile industry and it can also be gauged from the performance of textile stocks at the stock exchanges post budget....more by Textile Excellence Friday, 16th July 2004View more news from [ Mumbai ] [ India ] SRTEPC and TEXPROCIL voice exporters grouse This fortnight saw the forging of alliance between the Government of India and the Indian textile industry, and acting as mediators were the export promotion councils and newly elected Union Minister of Textiles Mr. Shanker Singh Vaghela....more by Textile Excellence Thursday, 01st July 2004View more news from [ Mumbai ] [ India ] CMP's Assurance The Common Minimum Programme of the United Progressive Alliance (UPA), though in its vein has tried to amalgamate all the aspects of economic growth, but has not been able to bring the desired changes to motivate the sentiments at the stock exchanges....more by Textile Excellence Tuesday, 01st June 2004View more news from [ Mumbai ] [ India ] India shining or whining? Election 2004 has been a watershed event in the history of Indian elections, where the electorate has sprung a surprise even to itself. NDA's exit, however, has poised serious questions in the minds of the International as well as the Indian business comm...more by Textile Excellence Sunday, 16th May 2004View more news from [ Mumbai ] [ India ] Why to brand our products? Brands sell meaning and purpose - and this is reflected in the language in which we talk about Brands now - brand values, brand soul - even brand religion! For many people, brand choice is one way of confirming and expressing their own identity....more by Textile Excellence Saturday, 01st May 2004View more news from [ Mumbai ] [ India ] Requisitions to extend the quota system As the time for dismantling of Multi Fiber Agreement is coming closer, it has also given rise to voices seeking extension of the regime....more by Textile Excellence Thursday, 01st April 2004View more news from [ Mumbai ] [ India ] Can India be the outsourcing giant in textiles? The dismantling of quota system from 2005 poses both challenges and benefits but the net result is expected to be positive for the country....more by Textile Excellence Monday, 01st March 2004View more news from [ Mumbai ] [ India ] Can India be the outsourcing giant in textiles? Analysis, surveys and opinions have proven to detail a new story in the making. After the recent success of Business Process Outsourcing, India is set to become the next outsourcing story in textiles....more by Textile Excellemce Monday, 01st March 2004View more news from [ Mumbai ] [ India ] Can India be the outsourcing giant in textiles? Analysis, surveys and opinions have proven to detail a new story in the making. After the recent success of Business Process Outsourcing, India is set to become the next outsourcing story in textiles....more by Textile Excellemce Monday, 01st March 2004View more news from [ Mumbai ] [ India ] Is it an interim consolation? The Sensex dipped as the Finance Minister presented his Interim Budget 2004 to the Parliament. The oppositions' apprehension towards the budget was cited as one reason for the bearish performance....more by Textile Execellence Monday, 16th February 2004View more news from [ Mumbai ] [ India ] Simplification of central excise procedure In continuation with our previous write up on 'Restructuring the Tax Format', this time we would like to bring to our readers attention, the second suggestion regarding simplified procedure of collecting indirect tax i.e. central excise....more by Textile Excellence Sunday, 01st February 2004View more news from [ Mumbai ] [ India ] Restructuring the tax format One of the major problems of all the governments has been their inability to increase the volume of their tax payers. Government has applied several approaches like giving the tax department the authority on a parameter like owning a telephone, owning a c...more by Textile Excellence Friday, 16th January 2004View more news from [ Mumbai ] [ India ] WTO Panel Report: A convergence of thoughts The recent ruling on the Generalised System of Preferences (GSP) scheme, by the WTO Panel has validated India's longstanding position on the discriminatory practices adopted by E.U....more by Textile Excellence Thursday, 01st January 2004View more news from [ Mumbai ] [ India ] ITME’s Contribution to machinery exposition The need for exhibitions to showcase the textile machinery, when the Multifiber Agreement is coming to an end, is strong. With this development in mind, The India International Textile Machinery Exhibition Society is all geared to organize the India ITME-...more by Textile Excellence Tuesday, 16th December 2003View more news from [ Mumbai ] [ India ] To Fear or not to Fear Acknowledging the petitions filed by the U.S. textile industry, Committee for Implementation of Textile Agreements (CITA) under US commerce department, has voted to invoke safeguard measures on few China origin products, mainly knit fabric, dressing gowns...more by Textile Excellence Monday, 01st December 2003View more news from [ Mumbai ] [ India ] Power loom in a modernisation loop If, we go through the statistics given by the PDEXCIL, Government's effort to facilitate the weaving community through various schemes is drawing good response. In the past several schemes though saw the light of the day but failed to give the required sp...more by Textile Excellence Sunday, 16th November 2003View more news from [ Mumbai ] [ India ] List of grievances for the DGFT The overall performance of the Synthetic and Rayon Textile Export Promotion Council (SRTEPC) has been commendable. The last financial year closed with an increase of 29% over the previous year and even the present target of US$ 1.75bn will be achieved is...more by Textile Excellence Saturday, 01st November 2003View more news from [ Mumbai ] [ India ] Remedy For the Ailing Units Keeping the proposal of the Indian Cotton Mills Federation in mind the Finance Ministry has modified the debt restructuring package, which definitely will return the smile back on the faces of textile mill owners....more by Textile Excellence Thursday, 16th October 2003View more news from [ Mumbai ] [ India ] From Cancun to Geneva: Faith would move on Doubts are raised over the successful completion of Doha Round with the failure of talks at Cancun. Whether it is going to deter the developing countries from pursuing their agenda of asking the industrial countries to lower the high protection on agricul...more by Textile Excellence Wednesday, 01st October 2003View more news from [ Mumbai ] [ India ] From Cancun to Geneva: Faith would move on Doubts are raised over the successful completion of Doha Round with the failure of talks at Cancun. Whether it is going to deter the developing countries from pursuing their agenda of asking the industrial countries to lower the high protection on agricul...more by Textile Excellence Wednesday, 01st October 2003View more news from [ Mumbai ] [ India ] Reposing faith in Cancun This time round India has surely trumpeted the demands well prior to the WTO ministerial conference. Going by the look of it the support Indian Commerce Minister Mr Arun Jaitely has managed to gather around him speaks volume about the lessons learnt....more by Textile Excellence Tuesday, 16th September 2003View more news from [ Mumbai ] [ India ] Industry to stay put in The bomb blast that shook Mumbai on August 25th is a reminder of the series of blasts that scared the Mumbaikars a decade ago. Time and again it has been the practice of the terrorists and mischief mongers to derail India's economic growth and political s...more by Textile Excellenc Monday, 01st September 2003View more news from [ Mumbai ] [ India ] Technology up gradation in textile Textile processing sector is key to grow on higher aggregate product value. Better quality dyeing, printing and finishing of fabrics plays a vital role for the apparel segment to deliver better quality products....more by Textile Excellence Friday, 15th August 2003View more news from [ Mumbai ] [ India ] Gearing up for a quota free regime Just consider this - India accounts for about 21% of the world's spindle age (second largest after China), and 15% of the world's cotton production. India stands 11th amongst the exporting nations of apparel and clothing...more by Textile Excellence Friday, 01st August 2003View more news from [ Mumbai ] [ India ] Gearing up for a quota free regime Just consider this - India accounts for about 21% of the world's spindle age (second largest after China), and 15% of the world's cotton production. India stands 11th amongst the exporting nations of apparel and clothing with exports at USD 5.5 bn. Howe...more by Textile Execellence Friday, 01st August 2003View more news from [ Mumbai ] [ India ] Gearing up for a quota free regime Just consider this - India accounts for about 21% of the world's spindle age (second largest after China), and 15% of the world's cotton production. India stands 11th amongst the exporting nations of apparel and clothing with exports at USD 5.5 bn....more by Textile Excellence Friday, 01st August 2003View more news from [ Mumbai ] [ India ] The Never Never Fund The proposed Textile Reconstruction Fund (TRF) is another of those much vaunted government schemes that seems to be taking its own sweet time before seeing the light of the day....more by Textile Excellence Wednesday, 16th July 2003View more news from [ Mumbai ] [ India ] Inspirations from China Numerous discussions on the threats and opportunities have taken place, since China has signed the documents to be a part of the WTO in November 2001. There is no doubt that China is going to offer intense competition in the global trade....more by Textile Excellence Tuesday, 01st July 2003View more news from [ Mumbai ] [ India ] Intent of CENVAT That the Central Value Added Tax (CENVAT) is well intentioned is a foregone conclusion. At the outset, there are at least two benefits that are apparent....more by Textile Excellence Tuesday, 01st July 2003View more news from [ Mumbai ] [ India ] Status of Indian Textile Machinery Industry If the participation of Indian textile machine manufacturers in the exhibitions around the globe is any indication, it can be deduced that machine manufacturer’s growth chart is looking healthy....more by Textile Excellence Monday, 16th June 2003View more news from [ Mumbai ] [ India ]

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