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Taiwan’s NFY export to India plummets
Taiwan used to be a large supplier of nylon filament yarn to India with a 12 per cent market share in 2012, but last year its share fell to 7.18 per cent. India has recommended withdrawing anti-dumping duties on imports of nylon filament yarns from Taiwan and five other nations.
7th IATF visitors attendance up 44%
The November 2017 edition of International Apparel and Textile Fair (IATF) proved to be grand success, making apparel and textile manufacturers from around the globe look forward to the highly anticipated 8th edition due to take place from April 24 to 26, 2018. The three-day event that took place from November 1 to 3, 2017 was inaugurated by HE Butti Al Ghandi, Board of Director of the Dubai World Trade Centre on November 1 at 11:30 am at Hall 6, Dubai World Trade Centre.
Taiwan Smart Textiles Alliance gearing up
Inspired by bright global market prospects for smart textile products, the Taiwan Textile Research Institute has helped establish the Taiwan Smart Textiles Alliance, bringing together related manufacturers as well as government and academic research units to develop innovative products, set up industrial standards and explore markets.
Taiwan textile firms eyeing Gulf countries
Two Taiwanese textile firms have set their sights on the Muslim world, which accounts for about a fifth of the global population (between 12 bn to 1.6 bn), by introducing new technology and innovative designs to appeal to the demographic.
Innovation is our core strength
Taiwan’s textile and apparel manufacturers previously struggled to overcome the twin hurdles of a changing global market and the widely held perception that they were no longer a viable option for textile production.
But support from Taiwan, coupled with the development of an array of exciting products, has brought these firms back from the brink, repositioning them for what many believe will be the dawn of a long-term era of niche market opportunities, particularly in the field of technical textiles.
Taiwan machine tool industry´s output is expected to increase 1.3-1.5% by 2017
According to IMTMA India, the Government of India is expected to boost manufacturing - one of achieving 25 per cent share in overall GDP by the year 2025 (from the present 16 per cent); to have concerted focus on technology and depth value addition; and to generate for the country a hundred million manufacturing jobs.
Taiwan eyes Indian tech textile market
Seeing the low penetration and high growth potential, Taiwanese companies are eagerly looking at the Indian market for technical textile products. Rising labour costs in China too is forcing some of these companies to consider manufacturing in India.
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