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  • The Agriculture Ministry has put up the draft licensing guidelines for Bt cotton technology for comments and suggestions from all stakeholders so that relevant proposals can be incorporated. The notification will remain in the public domain for 90 days. At a press conference in New Delhi on Tuesday, Agriculture Minister Radha Mohan Singh clarified that the Centre's decision to cap the price of Bt cotton seed in March this year at Rs 800 per packet of 450 grams had not been rolled-back.
  • Scientists and students at London's Imperial Colege have developed the DNA tools to modify bacteria normally found in fermented tea so they can customise cellulose production, that can be used among other things, for making clothes. Cellulose is harvested in huge amounts from trees and plants to make materials like fabric, paper and cardboard. It's also produced in a very strong and pure form by some harmless bacteria. This bacterial cellulose is currently used in a range of products includin
  • Turkmenistan textile industry is on the way to a new stage of development as it plans to hold an international exhibition in Ashgabat on June 4-5, 2016, said the message from the event's organizers, Turkmenistan's Ministry of Textile Industry and the Chamber of Commerce and Industry May 31. The textile industry holds an important place in Turkmenistan's economy as it traditionally grows cotton which is a basis for ensuring the development of the textile industry. This year, it’s planned to
  • Exhibition-cum-Sale of Handicraft and Handloom products from the North Eastern States of India was inaugurated on Monday by Union Minister of State for Textiles (I/C), Santosh Kumar Gangwar in New Delhi. Gangwar at the inauguration occassion said that this is the first organized effort to bring modern ready-made garment industry in the North East, and a significant step towards the Make in India initiative of the Government. He also spoke of the initiative by the Ministry of Textiles to se
  • According to the Vietnam Textile and Apparel Association (Vitas), textile and apparel exports in the first four months of this year exceeded US$8.1 billion, up 6.2 percent over the same period last year. Of which, garments exports topped $6.8 billion, an increase of 6.95 percent; staple fiber exports reached $824 million, an increase of 2.87 percent; raw materials exports were at $273 million, up 4.14 percent; whereas, nonwoven fabrics exports hit $145 million, down 3.97 percent. Countrie
  • THE central parity rate of the yuan weakened further by six basis points yesterday to 6.5790 against the US dollar, the lowest level since February 2011, according to the China Foreign Exchange Trading System. The fall followed Monday’s drop of 294 basis points, which dragged the central parity rate of the yuan to its weakest point in more than five years. The tumble came after US Federal Reserve Chair Janet Yellen said at Harvard University on Friday that an interest rate hike in the next
  • The Punjab government has set a target of bringing 5.7 million acres of land under cotton cultivation this year with a production target of 9.5 million bales. "All resources will be used to ensure achieving these targets as cotton is an important crop in Pakistan's economy having 1.5 percent share in the gross domestic product," said Punjab Agriculture Minister Doctor Farrukh Javed as he chaired a meeting to review the cotton cultivation on Tuesday. He claimed that Pakistan stood fourth among co
  • Germany has slipped out of the top 10 most competitive economies in the world, falling two places to 12 from last year, a study by Swiss business school IMD showed on Monday. The study, based on a worldwide survey of 5,400 managers assessing 342 criteria, showed that a diminished assessment of Germany's government and the economy's performance were the main reasons for the drop, IMD director Arturo Bris said. "The biggest danger for Germany is self-satisfaction," Bris said. "If it rejects
  • 100% man-made fibre yarns export from India was valued at US$16.95 million in April 2016, up 10.7% YoY while volumes were at 6.62 million kg, up 13.8% per cent as compared to the same month last year. The total volume comprised 3.43 million kg of polyester yarn, 2.49 million kg of viscose yarn and 0.69 million kg of acrylic yarn. Polyester yarn exports were up 25.1 per cent in value while viscose yarn exports value were up 29.7 per cent during the month. Acrylic yarn exports saw a drastic plu
  • EFI Reggiani, a leading high-quality printers for fashion and home furnishing textiles will present its latest innovations for eco-friendly printing technology at the ITM 2016, Istanbul in hall 8, booth 807A from June 1-4, 2016. All-In Green is EFI Reggiani's latest technological development and features the new EFI Reggiani ReNOIR ONE-600 printer. The ONE-600 model offers improved print quality with new ink feeding and recovery systems, superior imaging resolutions for efficient, high quali
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