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  • With technical textile industry of India likely to grow at a rate of 20 percent annually to touch $30 billion over the next five years and composite industry also pegged at $2.2 billion with an expected growth of 15 percent per annum over the next four years. Taiwanese composite and technical textile companies are exploring partnership opportunities with Indian firms across various industries to meet their growing demand. Taiwanese composite and technical textile companies are keen to penetra
  • Moderate trading activity was witnessed at the cotton market as buyers made deals for quality lint on slightly higher prices at around Rs 5,675 per maund during the trading session and around 360 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained unchanged Rs 5,450 per maund. The ginners of Punjab offered cotton of all grades to the buyers around Rs 5,000 per maund to Rs 5,100 per maund while ginners of Sindh offered low-grade lint to the buyers around Rs 4,975 per m
  • A staffer operates a machine that weaves pleat cloth at the Miyake Issey Exhibition at the National Art Center in Tokyo. — AFP FROM ready-to-wear knits manufactured instantly to customized dresses produced on inkjet printers, Japan’s apparel industry is turning to state-of-the-art technology in a bold bid to cut labor costs and secure its future. At manufacturing giant Shima Seiki’s factory in western Japan, garments materialize in minutes, thanks to digitally-programed automated machines
  • The Union government has undertaken a Rs 1,038 crore ($156 million) scheme in the Northeast to boost textile exports, increase jobs and curb the migration of workers. Funded by the Union Ministry of Textiles under the North-East Region Textile Promotion Scheme (NERTPS), the project is also aimed at developing and modernising the textile sector by providing region-specific flexibility in execution. "Under the NERTPS, the textile ministry has been providing Rs.18 crore each for setting up of
  • The Indian Spinners Association (ISA) has asked the government to end anti-dumping duty imposed on imports of viscose staple fibre (VSF) because the levy could hit domestic textile manufacturers. The ISA's demand has come amid the Directorate General of Anti-Dumping & Allied Duties, under the commerce ministry, initiating a sunset review investigation for assessing the need for continuation of anti-dumping duty on viscose staple fibre (VSF) imported from Indonesia and China. In a state
  • A new biotech trait currently in the development stage could provide improved control of thrips and plant bugs in cotton, according to researchers with the University of Tennessee Institute of Agriculture (UTIA). The new Bt (Bacillus thuringiensis) technology, which is being developed by Monsanto, is commonly referred to as the “Lygus trait” because it was originally developed to protect cotton from tarnished plant bugs (a Lygus species). However, during field-testing, researchers also noted
  • The industries in Coimbatore especially textile industry want government to improve the competitiveness of the industries compared to those in other states for which they have some common demands that they want the elected representatives to address industry specific issues and some others. Even if the political parties do not include these in their election manifestos, they need to address the problems if elected to power, said industry representatives. For the textile industry here, one of
  • The non-resident High Commissioner of Ghana to Bangladesh Samuel Panyin Yalley at a discussion meeting with the board of directors of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) at its board room for increasing bilateral trade and investment suggested arranging trade fair between the two countries. He proposed to open an Honorary Consulate in Dhaka and also showed interest to import jute bags from Bangladesh. Acting president of the FBCCI Md Shafiul Islam Mohiu
  • The cotton market on Wednesday in the process of improved buying by mills and spinners, witnessed rise in cotton prices sharply, dealer said. According to market sources, short supply and strong demand by mills and spinners caused price flare-up. It is expected that the rates may go up in the coming days. The official spot rate also picked up Rs 50 to Rs 5400 while in Punjab, rates of phutti were at Rs 2800-3150. In ready business 8000 deals of cotton bales finalized at Rs 5300-5750, dealers
  • LOCATED in the South Australian city of Adelaide, Michell Pty Ltd is one of Australia’s largest wool exporting companies. In 1870, the company began supplying the entire world with high-quality wool, quickly gaining notoriety because of their products’ reliability. Now, Michell is the world leader in wool fiber processing. Over the years, in an effort to protect the environment, Michell has continuously devoted itself to researching methods to decrease the environmental footprint left behi
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