Posts Tagged ‘Textile Industry of India’

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Silver lining: Exports of textiles to US on the rise

Tuesday, May 18th, 2010

M Allirajan, TNN, May 18, 2010, 12.21am IST

COIMBATORE: After declining for several months because of the global financial meltdown, textile exports to the US are finally back on track, recording growth in February and March. Textile and apparel exports to the US, which account for more than a quarter of shipments made by the industry, rose 8.3% year-on-year (y-o-y) in March to $487.8 million. Exports increased 7.7% y-o-y to $443.5 million in February, data with the office of textiles and apparel, US Department of Commerce shows.

Apparel exports to the US, however, posted a modest 2.8% growth in March to $315.1 million. “Demand has started to pick up in the US. The bookings are quite reasonable and (trade) enquiries have also been quite good,” says Premal Udani, chairman, Apparel Export Promotion Council (AEPC).

“We are seeing a real improvement across all segments of the industry. Orders are coming in and after nearly two years of slowdown we are witnessing a recovery,” says P Nataraj, managing director, KPR Mill. “The recovery is slowly taking shape in both domestic and international markets.” “This year (fiscal 2011) would definitely be better,” says A Sakthivel, president, Tirupur Exporters’ Association (TEA).

Garment exports to the EU, the largest market bloc for Indian markets, however, continues to remain weak. “Europe (demand) is somewhat weak because of the uncertainty faced by some countries (in the region),” says Udani.

“Orders to EU countries have been quite weak but the US has been much better,” says an exporter. Apparel exports to the EU are estimated to have come down by 16.8% to $4.5 billion in fiscal 2010.

While the industry is seeing a silver lining, some officials advise caution. Though inquiries are good, exporters are finding it difficult to convert them into orders as they have been adversely hit by rising raw material prices and the rupee appreciation, says Sakthivel.

News Source is http://timesofindia.indiatimes.com

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Indian ban on cotton export affects Pak importers

Wednesday, May 5th, 2010

Wednesday, May 05, 2010
KARACHI: The Indian government has not only banned the export of cotton but also imposed Rs2,500 per ton export surcharge on the export of Indian cotton to save their local textile industry. This ban has seriously affected Pakistani importers of cotton from India, who had booked about 200,000 bales, says a press release issued here Monday.

Federal Adviser on Textile Dr Mirza Ikhtiar Baig today talked to the Pakistani High Commissioner in India, Shahid Malik, and requested to take up this matter with the Indian authorities to allow shipment of cotton for which sales contracts have been already executed. The Indian government has asked exporters to re-register their valid contracts to allow export of cotton on monthly pro data basis.Dr Baig requested the Pakistan high commissioner to arrange to expedite the process of re-validation of contract as there is a serious shortage of cotton for the textile industry in Pakistan.

News printed in http://www.thenews.com.pk/

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Govt willing to withdraw duty sops levied on cotton yarn exports

Saturday, April 24th, 2010

Four percent incentives levied on exports of cotton yarn with the aim of maintaining their prices within the domestic market might be withdraw soon by the government very soon.

Benefit of four percent duty provided to the exporters of yarn under the scheme named Duty Drawback might be withdrawn very soon, told sources, further telling that the government was willing towards imposing export duty over the cotton yarn.

On 21st April, another scheme of export sop on yarn called as DEPB, Duty Entitlement Pass Book was withdrawn.

Alongside, the exporters of yarn are being urged to register their textile dispatches which the Commissioner of Textile.

Incentives can be available by exporters either under Duty Drawback Scheme or DEPB.

On 6th April, Finance Minister discussed and expressed ways of checking yarn and cotton prices in an inter-ministerial meeting.

Prices of cotton yarn have been raised by more than 30per cent during the previous three months time.

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Textile Industry seeking privilege packages for battling raised cost

Wednesday, April 7th, 2010

Chennai: The lower levels of textile sector- garment and spinning are prone to exceptional crisis that owes to high labor and input costs. Some aspect of blame game is there between the knitters and spinners. Tirupur’s knitwear units blame textile spinning mills for raising the prices of yarn. According to them, higher yarn exports are another reason for rise in prices.

Spinners are pleading helplessly, telling they have to face rapid rise in prices of cotton, power cut for many hours and increasing costs for labor and power. SIMA, South India Mills, the spinners association is not supposed to meddle with mill’s commercial activities and unlikely, more than 3,300 mills located all around the country were found to be acting simultaneously. But at the same time it is also said by them that Tirupur should be mending its own direction modernizing the entire process of production, decreasing environment cost and raising labor productivity.

Chairman of SIMA, Mr. J Thulasidhara explained in Coimbatore that best efforts along with privileged packages would be benefiting the whole value chain of textile, starting from the spinning units. His suggestions included corrective measures towards determined exports of cotton during peak season and help the industry in getting benefited from home grown cotton, providing assistance of working capital to spinners for sourcing cotton quality and adequate quantity during the season, also having a leveled field with MNC traders of cotton and supply continuous power supply to the textile sector at competitive prices.

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Production of textile rises in China to 27% from 2009

Saturday, April 3rd, 2010

Beijing: China’s textile production rose up to 27% during the initial two months of year 2010 up to $83 billion. 567.2 billion Yuan explained the information technology and Textile ministry through the statements on their website.

Increase from 17.1 percent up to 4.3 million tons can be seen in the production of chemical fibers, as against the yarn output that rose to 3.58 million tons that is 26.5% as per the statement given by the ministry of textile. The fastest developing base for textile in that city is Zhejiang province located in the eastern portion of China, producing more than 17.2% or 3.56billion pieces of clothing during the same period in comparison to last year.

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Latest textile policy getting hope for textile mill workers in Mumbai

Tuesday, March 30th, 2010

Mumbai: It’s been more than a month that Naseem Khan, textile minister expressed objections and invited suggestions on the latest textile policy. During the previous week, he forwarded the draft for new policy in the house.

Main objective behind the policy is to facilitate most of the linkages within the textile industry, associated coordination amongst the state agencies and the central, enhance marketing infrastructure promote self-production and acquaint training, education, health facilities for workers. We will be providing security and housing schemes too said Khan.

Maharashtra is now woken up finally to the fact about the textile mills that have shut in Mumbai. Latest ones have all moved to the city of Gujarat due to the infrastructural and other kind of support. As per the policy, textile mills would now be determined as D Plus zone. Result of the same would be that they will have uninterrupted supply of power and will be job-oriented as well.

The city has around 32,000 handloom mills along with 269 spinning plants and 102lakh power-looms that are under the controls of cooperative sector. In this policy, the ministry will be doing away with the structure. Private players are likely to be invited for investments in the mills. Lessening down the financial burden over the city is out motto, source at the ministry of textile explained.

The latest policy will be presented to the cabinet and as per their approval, work shall be initiated phase-wise.

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Indian Textiles Brand Promotion

Friday, March 12th, 2010

Enough support is being provided by government to Textile Export Promotion Councils for variety of segments of clothing and textiles sector, by facilitation and administrative support of Indian Embassy and also through funds support by the Market Development Assistance Scheme, for deepening the penetration of Textile Industry of India and clothing items in International markets, globally and even for the promotion and establishment of Brand India identity in the global markets.

The information was provided by Smt. Panabaaka Lakshmi, Minister of State for Textiles in Lok Sabha, through a written answer against questions out by Shri Varun Gandhi.

It was further stated by the Minister that no such proposal is there for developing PPP, Public-Private Partnership approach in order to create Indian apparel brands that can be accepted globally. Steps are not being considered by the Government towards the development of SPV, Special Purpose Vehicle, with the purpose of brand establishment and promotion.

Textile Export Promotion Councils concerned are those agencies that work under close direction and cooperation of the Government in order to develop brand and promote, and SPV is not contemplated for the purpose, said the Minister.

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4 Indian killed in fire at Textile shop-house

Wednesday, March 10th, 2010

JOHOR BAHARU, (Bernama): Demolition of textile shop-house by fire at Jalan Pasar, Masai resulted in the killing of four Indians early on 10th March 2010.

Mr. Syukor Sani Hashim, the Fire and Rescue deputy director at Johor explained that fire shattered 2 shops of textile material and 2 stationary ones also.

Among the victims, two of them were working in the shop of textile material and other 2 were friends. The burnt out remains are still left to be identified, said he to the reporters and other inquirers at the fire location.

Mr. Syukor Sani explained that the 2 victims were located upstairs; one was there over the staircase while the fourth one, at the ground floor in the double story shop-house.

It is being believed that the four of them were asleep while the fire broke over at the front area of the textile shop house.

Two of the fire engines, from Johor Baharu and Pasir Gudang quickly rushed towards the location right when the information about fire stuck up at 3.15am in morning and brought all things under their control within 10mins of time.

Arson is being expected to be involved since a 4 litre container of petrol was located from the fire area. Losses are still left to be determined, he explained.

During this, Muthu Veeraya, the owner of the shop said that he was in Kuala Lumpur when the fire information came at 4am.

Both workers had started working only 2days ago, said the trader of textile who’s in business since 16years.

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Textile sector of Mauritius need expansion: Minister

Tuesday, March 2nd, 2010

Port Louis: According to the Minister of Indian Ocean Island’s Industry ministry, the textile firms of Mauritius that are engaged in supplying European chains like Inditex’s Zara and Next, require additional or new export markets along with more valued products in order to continue within the competition.

Economy’s tradition cornerstone, the sector exposed to the ending European preferential deal of trade, which was affected by the global economic downturn during the previous year and the executives of the company are afraid that strong local currency might hurt it more.

In order to compete in the best manner, Mauritius has to put in good efforts for up-grading the chain of value added products. Mauritius cannot sustain to be a producer of textile only in manufacturing of the basic items of textile, said Dharambeer Gokhool.

Much intense situations can be seen in the competition at the lower segments of the textile market. It is important for Mauritius to grow on the global standards within the textile industry for developing value added products of textile with brands and designs, said the minister.

The sector is reflecting growth by 1% within the current year after getting shortened up to 4% during 2009.
Major markets for textile for Mauritius are France, Italy and Germany. Approx 6.5% of contribution is provided by textile in the gross domestic product range providing some 11% of the all total jobs.

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Expectations by the Exporters of Tirupur

Tuesday, February 23rd, 2010

Knitwear industry of Tirupur is on the target for getting stronger growth in the exports. But it has not been that much easier for the other industries, behind the scenes.

Dyeing forms the backbone of textile unit. But Tirupur’s odd dyeing units, around 700 in numbers that serves knitwear industry worth 16,00crore has been facing terrible situations due to the environmental issues.

Newly introduced regulations by the government forced the dyeing units to migrate up to zero discharge process. Proposal provided by the government explained that effluent treatment plants are being laid down on private public partnership with the state and central government providing 75% of entire expenses.

Few of the units are small in size with turnover of some 20lakhs. Debt of this amount is quite big for them. We simply want the government to keep up its promise and keep an eye over the industries that serves as backbone, in future, Samiappan, President of Tirupur’s Dyers Association said.

Coimbatore, on the other hand, suffered much deeper situation. Most of the small and medium sized enterprises were adversely affected due to the economic slowdown. But now the recovery signs are smarter, reason being, most of the US and European industries that were bankrupt come here.

James, a supplier of tier II, to manufacturers of textile machinery, is quite flourishing with the orders. However, in contract, James has to struggle a lot for getting back the workers who were retrenched during the economic slowdown.
We are hoping that NREGA norms of employment will be tightened in the Budget. Since good days are back, and if government takes necessary actions, soon we’ll be able to show our fast growth pace, said James.

So, better prospects are reflected in the biggest industrial sector of the country and businesses are waiting for the Budget with baited breath.

Lessons understood with fierce times always come in flourishing opportunities.

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