Claiming that Madhya Pradesh is lagging behind states like Tamil Nadu, Punjab and Rajasthan in textile, the MP Textile Mills Association has sought an immediate package of Rs 10,500 crore from the budget allocated for textile sector in 12th Five-year plan of the state. In the pre-budget demands sent to finance minister Raghavji, the association has forwarded figures of spun yarn and spinning capacity of other states and MP from the year 2000 through 2012. Association secretary MC R

Cotton consumption in Bangladesh will increase by 10-15 per cent in 2013 on the back of higher ready-made garment (RMG) exports, industry insiders said yesterday. “RMG exports are displaying a distinct upward trend, which will increase demand for cotton,” said Jahangir Alamin, president of Bangladesh Textile Mills Association (BTMA). In July-November, knitwear exports increased year-on-year by 1.74 per cent, woven by 10.16 per cent and home textile by 0.59 per cent, according to data from the

Business owners have affirmed that the new policy on six-month maternity wouldn’t affect their production plans much. However, they said they would encourage female workers to return to work sooner in order to ensure the normal production schedule of enterprises. From January 1, 2013, female workers will have the maternity leave period of six months instead of four months as previously stipulated. The new policy has raised worries to businesses, especially the ones in the la

Cotton Corporation of India may procure about 60 lakh bales in the current marketing year ending September as domestic prices are lower than the minimum support price in some parts of the country. In the first three months of the 2012-13 marketing year, CCI, the government's nodal agency for procuring cotton, has already procured over 13 lakh bales (of 170 kg each) and plans to buy another 19 lakh bales in January. "CCI is expected to buy about 60 lakh bales of cotton in the current marketin

Peru's export and tourism promotion board (PromPeru) will attend the largest international trade fair for home and contract textiles known as Heimtextil Fair 2013 which will be held on 9-12 January, in the city of Frankfurt, Germany. Peru's business roundtable with international buyers. Photo: ANDINA. PromPeru will be part of this event along with six Peruvian companies of the gift and home decoration industry with the aim of promoting the exportable offer of such secto

The apparel industry will be able to treble exports within three years if the Centre allows it to utilise 15 per cent of the export turnover to import raw materials such as synthetic fabrics that are not available in the country, AEPC has said. The industry is on the revival path - from the crisis- ridden past three years - and 2013 will augur well for textile exports, particularly apparel and knitwear garments, going by increased orders in the last two months, Apparel Export Promotion Council

China Textile City Fabric Market (2013-01-08)Unit: yuan/m Collector: Jiang Jianren Item WidthCM Specification/Weight（meter） Wholesale Price：yuan/meter Wool/Polyester/Viscose colored cloth 150 600 25．50 11-wale Cotton Frostwork Corduroy 148 16S×12S 64×128 17．00 Embroidery rayon fabric 145 30S×30S 68×68 9．25 T/R Shirts Cloth 145 28S/2×28S/2 102×60 9．80 Full-size polyest

Pakistan Textile Exporters Association (PTEA) strongly protested at the injudicious outages of electricity and gas supply and called for an immediate restoration as textile industry is the only hope for the revival of country's economy which is currently jolted by prolonged energy outages. Energy supply disruption causing loss of one billion rupee per day rendering 70 percent daily wagers jobless, said PTEA Chairman Asghar Ali here on Saturday. Expressing serious concern over unprecedented gas

China, the world's biggest cotton consumer and importer, is studying a proposal to issue extra import quotas for textile mills which have been pushing the government to boost the amount of cheaper overseas cotton they can buy, industry sources said. If approved, the quotas will require mills to buy three tonnes of cotton from state reserves for every tonne they import, said the sources who declined to be named as they were not authorised to talk to the media. It is not clear if these imports q