Cotton Association of India members to protest against RCM

2017/12 04 15:12

Members of the Cotton Association of India (CAI) will go on a one-day token protest on December 15 against the reverse charge mechanism (RCM) under the goods and services tax (GST) and on an indefinite strike in their respective states by closing shutters from December 22 if the RCM issue is not resolved in the […]

Kashmir seeks Rs 50 cr under PMDP from textiles ministry

2017/12 04 15:12

Jammu and Kashmir state has sought Rs 50 crore under Prime Minister’s Development Package (PMDP) from the Indian textiles ministry. In a meeting last week with textiles minister Smriti Irani in New Delhi, state minister for industries and commerce Chander P Ganga briefed her about the projects submitted to the Central Wool Development Board in […]

Italy-Vietnam Textile Technology Centre opens at HCM City

2017/12 04 15:12

The Italy-Vietnam Textile Technology Centre opened recently at the Ho Chi Minh City University of Technology to support training and research in textile technology. It is funded by the Italian Trade Agency and supported by the Association of Italian Textile Machinery Manufacturers and the International Polytechnic for Industrial and Economic Development. The centre, aimed at […]

Oklahoma 4th-leading cotton producer in US: NASS statistics

2017/12 04 15:12

Oklahoma state is now the fourth-leading producer of cotton in the United States with an estimated crop of 1.1 million bales, the US Department of Agriculture November crop production report indicates. The 2017 cotton season will see 555,000 acres of cotton harvested in the state compared to 290,000 acres in 2016 and 205,000 acres in […]

Global cotton area to increase 11% in 2017-18: ICAC

2017/12 04 15:12

Following two years of declining planted area, global cotton area for 2017-18 is projected to increase by 11 per cent to 32.5 million hectares. As a result, global cotton production is forecast to grow by 12 per cent during 2017-18, compared to 7 per cent growth in 2016-17, the International Cotton Advisory Committee (ICAC) has […]

Chabahar port phase-I opens, to boost India-Iran trade

2017/12 04 15:12

Iranian President Hassan Rouhani inaugurated the first phase of the Chabahar port, called the Shahid Beheshti port, in the Sistan-Balochistan province on December 3, paving the way for a new strategic transit route between India, Iran and Afghanistan, bypassing Pakistan. India’s minister of state for shipping Pon Radhakrishnan was present at the event. Easily accessible […]

Shima Seiki to hold private exhibition in Italy

2017/12 04 15:12

Shima Seiki Italia S.p.A., Italian subsidiary of computerised knitting machine manufacturer Shima Seiki Mfg., Ltd., will hold a private expo at its Carpi office in Italy, on December 12 and 13, 2017. The expo will show computerised flat knitting technology, with a preview of machines and samples to be shown at Pitti Filati, ISPO, and […]

Indian FM likely to present 1st post-GST budget on Feb 1

2017/12 04 15:12

Finance Minister Arun Jaitley is likely to present India’s first budget after the July rollout of the goods and services tax (GST) regime on February 1 next year. The budget session of parliament may begin on January 30. The annual Economic Survey, detailing the state of the economy, is likely to be tabled on January […]

Fabindia plans to add 40-50 stores every year

2017/12 04 15:12

Ethnic apparel brand Fabindia is expanding by adding 40-50 stores every year in current and emerging markets, company president Retail Ajay Kapoor recently said. The brand recently opened a Fabindia Experience Centre in Mumbai and plans to have 10 such stores by 2018 end. This is the second such experience store with the first piloted […]