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CCI to organise COTTON USA seminar on Sept 29
The Cotton Council International is organising an invitation-only seminar on September 29 at Trident, Mumbai, which will offer useful insights on the present scenario of cotton and cotton textile industry in India.
Consumers’ affinity for denim doubles
China is now the second largest jeans market in the world, valued at $12 billion in 2015, while consumers’ affinity for denim jumped from 39 per cent to 63 per cent from 2003 to 2016, according to the Cotton Council International (CCI) and Cotton Incorporated’s 2016 Global Lifestyle Monitor Survey.
Pricing policy is required to keep cotton prices on par with international prices
The Cotton Textiles Export Promotion Council, known as TEXPROCIL, has been the international face of cotton textiles from India facilitating exports worldwide. The Council connects international buyers with appropriate suppliers and facilitates interaction that enables them to source their specific needs. Siddhartha Rajagopal, Executive Director, Texprocil, provides some wish-list for the industry and the Government in boosting cotton consumption in India.
Clothing export to Iran in for a boost
Apparel Export Promotion Council (AEPC) has signed an MoU with the Tehran Garment Union (TGU), an influential manufacturers and retailers association with legislative power in terms of garment commercial affairs in Iran. The MoU signed during the recently-concluded 57th India International Garment Fair (IIGF) in New Delhi by Ashok G Rajani, Chairman, AEPC, and Mohamad Javad Sedghamiz, VP, TGU, will fuel efforts to promote bilateral trade and industrial cooperation in the textile and fashion sectors among Indian and Iranian partners.
BREXIT Hopes Amid Gloom
Britain’s decision to exit from the European Union is likely to heighten the uncertainty in garments and other sectors in India. Karthik Muthuveeran analyses its impact on textiles. The Brexit impact is not only limited to Britain, but also European countries. London has always acted as a financial hub, which gives access to capital markets of the world to Europe. But with Brexit, European Union will end up having a limited access to capital markets. In all likelihood, access to this market will form a key part of trade negotiations. There are as many pros as cons in Britain exiting the Europe.
New range of affordable bed linen from Indo Count
Indo Count Industries Limited (ICIL), one of the leading players in the home textiles industry introduced a range of high quality affordable bed linen for the Indian consumer recently at HGH India held at the Bombay Convention and Exhibition Centre. Since its inception in 1988, Indo Count specialises in providing end-to-end bedding products that solely focus on creating all-encompassing sleep experiences.
Textile package to be implemented in 3 months
The fiscal incentives in the package, which is expected to cost the ex-chequer an estimated Rs 6,000 crore, include enhanced duty drawback coverage with refund of State levies not being compensated so far, additional funding under the Technology Upgradation Fund Scheme (TUFS) and enhanced scope of income tax exemption under Section 80JJAA of the Income Tax Act.
LIVA: 24 partners & still more queuing up to join
Fashion is a creative self-expression that prevails in a flexible society. Right from fashionistas to local clothing arenas, all are influenced by the fashion trends, artistic creations and inspirational designs. Fashion designers are always looking at innovations in fabrics and fibres as to what new things they can create. Fashion Design Council of India (FDCI) provides the perfect platform for representing, nurturing, promoting and getting extraordinary fashion talents to the fore.