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Indian textile exporters are likely to play role of value chain players by jumping into the high-valued branded garments and home textile markets in the United States and the European countries.Leading terry towel maker Welspun Industries Ltd has begin functioning the producing, marketing and distribution units of a range of towels in the US and Canada.Leading textile player, Arvind Mills has been so far supplying to major retailers such as Wal-Mart, JC Penny, and Marks & Spencer, is now pla
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Currently, there are about 200 companies having applied for additional quotas for shipping apparel goods to the US under Announcement No. 0663 dated 06/06 by the Ministry of Trade (MoT).Apparel quota management department of the Ministries of Trade and Industry have been finalizing the draft rule relating additional quota distribution with consultation from Vietnam Garment and Textile Association so that companies will soon receive quotas.The association says this is the only quota supplement di
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The major industrial sector in Pakistan, textile is unlikely to reach exports target for year 2004-05.The Ministry of Commerce and Export Promotion Bureau had anticipated the target of textile exports about $9.2 billion after talks with textile stakeholders.The textile exports reach $830 million in the month of May 2005, depicting of elevation when matching to the exports of $782 million exports in April 2005 and 650 million dollars in May last year.An Export Promotion Bureau official informed t
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The hike in fuel prices and the minimum wage increase will raise the manufacturing cost on each piece of garment from 15 per cent to 22 per cent, according to the CEO of Jordan Garment Exporters Association (JGate). JGate CEO Rashed Darwazeh said the association received scenarios from five different factories on the effect of the increase in labour salaries and fuel prices. "A scenario of one factory that manufactures 1.8 million pieces of garments showed that the cost will rise by JD250, 000 p
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The director-general of anti-dumping and allied duties has commenced probe into alleged ?umping?of Chinese silk fabrics in India. The investigation has been initiated on a petition filed by the Central Silk Board (CSB) on behalf of domestic silk producers who claim to be losing out to low priced Chinese silk fabric imports.
However, cheap and high grade Chinese silk fabrics are in demand from the silk apparel manufacturers. The Chinese silk fabrics being a key raw material for apparel, the app
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Before Sino-U.S. Joint Commission on Commerce and Trade opening, the second round of talks over the textile trade row with the United States will begin. According to news from Ministry of Com-merce yesterday, bilateral representatives will begin to negotiate textile trade issue in terms of tech-nique, today in Beijing. Some relational person under the Ministry of Commerce believed that as a preparing activity for Sino-U.S. Joint Commission on Commerce and Trade, this meeting would be hard to mak
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China Textile and Apparel Industry Competition Capacity 2005, which is sponsored by China National Textile and Apparel Council, will be held in People''s Congress Hall, Beijing on August 9, 2005.From this year, the Conference will release the "Competition Capacity List" in the sectors of chemical fibre, cotton textile, silk, linen textile, knitting, textile machinery, wool textile, cotton printing and dyeing every year. The top 100 of sales income, top 100 of export, top 50 of sales income will
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The two textile producing majors, China and India are expected to make tie-up in search of joint potentials in the textiles industry. The Cotton Textiles Export Promotion Council (Texprocil) has invited a Chinese textile machinery manufacturers?delegation to visit India.The delegation will show off its line of exclusive textile machinery at the major textile centers of India.This arrangement is made by Indian textile manufacturers to become more competitive in the global market by imitating Chin
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Addressing a meeting organized by Karachi Chamber of Commerce and Industry (KCCI) at the Chamber? office, Federal Secretary for Ministry of Commerce, Tasneem Noorani stated that Pakistan will be qualified for the Generalized Specific Preference (GSP) status from January 2006.The Generalized System of Preferences (GSP) was designed to allow industrialized countries to grant non-reciprocal tariff reductions to developing countries. The underlying idea was to help the developing world industrialize
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As per the data of National Bureau of Statistics, the fabric output kept rising quickly in June, reach at 3.391 billion meters. The total fabric output in Jan.-June was 17.284 billion meters, increasing 19.89% year on year. During the same period, the cotton fabric output was 9.253 billion meters, jumping 27.42% year on year. The cotton fabric output accounts 54% of the total fabric output. The biggest spinning provinces of Shangdong and Jiangsu are also leading in the fabric output. From Jan. t