A competition was started in 2000, designed to push farmers to produce an even finer fibre. In its 14th year, the competition was won by Australian farm Pyrenees Park in Victoria. Farmers Pamela and Robert Sandlant produced an 11-micron bale. The Italian textile giant, Loro Piana, honours the breeders that produce the finest bale of wool, and then takes the fibre to produce just 40 bespoke men's suits. This equalled the effort by New Zealand farmers Yvonne and Barrie Payne, from Timaru, ho

Concerns over supply cotton trading surged at six week high of 23,600 bales after rains in Punjab on Tuesday. If rain continues, the price of cotton likely to go further up. The rains have slowed down picking of phutti (seed-cotton) in Punjab. It has also caused increase in price of cotton by Rs50 per maund (37.324 kilograms) to Rs5,450 per maund in the afternoon on Wednesday. According to Taqi Abbas, a broker at the Karachi Cotton Exchange, uncertainty convinced textile mill-owners to bu

The volume of textile exports made by the Central Asian country of Uzbekistan is rising every year and has crossed US$ 1 billion mark this year, Prime Minister Shavkat Mirziyayev said at the X International Uzbek Cotton and Textile Fair in Tashkent. Speaking at the fair, Mr. Mirziyayev said the Government is creating new cotton ginning facilities in continuation of its policy to reduce export of raw cotton. He said the Government is planning to increase domestic processing of cotton fibre and

The textile ministry is considering a proposal to restructure the textile upgrade fund (TUF) for making it broad based to include many more areas and enhancing the benefits under the new textile policy proposed. Some of the proposals include relaxation in the terms and conditions on the loan, increasing the assistance to upgrade plain looms into shuttle less looms, weaving preparatory, knitting machines, ginning and pressing machine to be earmarked to avail benefits, extending the subsidy to

While an earlier target of 17 million pieces capacity set in 2009 is yet to be achieved, the garment industry this year is anticipating touching 12 million pieces capacity, up from 9000 million pieces in 2009. "The industry had set a target of 17 million pieces per annum capacity target in 2009. However, while the same could not be achieved, the estimated capacity of the garment industry is now expected to touch 12 million pieces," said an AEPC official on condition of anonymity However, t

Uzbekistan the world's fifth largest cotton exporter reports having exported $1 billion worth of textile products this year. The announcement was made shortly after the United States criticized the tightly-controlled Central Asian country for failing to stop using forced labour in its cotton fields. Uzbek Prime Minister Shavkat Mirziyoyev at an annual cotton fair in the capital Tashkent said that the total export volume are being ramped up every year, this year its total volume of textile ex

The Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) and Federation of Indian Chambers of Commerce and Industry (FICCI) are set to host the third edition of “VASTRA- An International Textile and Apparel Fair 2014” (VASTRA-2014) , from the 29th of October to 31st October, 2014 at the Jaipur Exhibition & Convention Centre. The event aims to highlight business opportunities and provide opportunities for launching new products, exploring avenues for new business

The earnings from exports of textiles and apparel by Ethiopia have been growing during the implementation of the Government’s Growth and Transformation Plan (GTP), the Textiles Industry Development Institute (TIDI) of Ethiopia has said. Presenting a report on performance of the Ethiopian textile and clothing industry in the Ethiopian fiscal year 2006 that ended in August 2014, TIDI director general Sileshi Lemma said, the earnings from exports are growing but at a slow pace. Ethiopia earne

Wensli Group, silk company as part of its expansion plan into the international market has acquired Marc Rozier, a 120 year old silk scarf factory in France in 2013. The company marked a milestone of its internationalization on Friday in Hangzhou when it debuted its Marc Rozier brand. Tu Hongyan, chairman of the group, said that the debut of Marc Rozier in China is a turning point for the Chinese silk industry. The silk industry is a traditional industry in China and they are obliged to ha

The Commerce Ministry would extend help in every possible way to address woes of the jute industry, Commerce and Industry Minister Nirmala Sitharaman said. "Although jute is not within the jurisdiction of my ministry, it is under the textiles ministry. But my ministry will help in its own way", Sitharaman told reporters after a closed-door meeting on jute industry here where Minister of State for Textiles Santosh Gangwar was also present. The meeting, convened by the National Jute Board, w