Compared to the previous edition of ITMA Milan, Italian textile machinery producers and exhibitors have increased their overall exhibition area by 46 per cent. The industry’s global trade fair, is making a return to Italy after 20 years. For Italy’s textile machinery sector, 2015 will primarily revolve around ITMA. From November 12-19, Milan will host the 17th edition of ITMA. For Italian textile machinery manufacturers, it has meant a year-long race to get themselves ready for the event that is held in Europe every four years.
Over 380 Italian exhibitors are slated to be present in Milan, a 19 per cent increase compared to ITMA Barcelona held four years ago, where the last edition of ITMA was held. Even greater is the area of exhibition space already booked for the show which has grown 46 per cent. According to the Association of Italian Textile Machinery Manufacturers (ACIMIT) President Raffaella Carabelli, with over 380 Italian exhibitors slated to be present in Milan it reveals the vitality of local industry.
Among the various initiatives planned are incoming missions of foreign delegations, which will bring to Italy during the course of 2015 close to 200 textile operators from around a dozen countries including Bangladesh, Iran, Egypt and Pakistan, in order to present to them the best of what Italian textile technology has to offer. Thanks to the ITMA 2015 Awards, about ten students from foreign universities (Ethiopia, India, Russia and Vietnam) will get the opportunity to visit ITMA pavilions and discover the innovations proposed by Italian textile machinery sector. All of this will be complimented by an intense press communications campaign and two media events.
In a move that may bring smile on the faces of farmers in Vidarbha, Finley Mills at Achalpur will be expanded, a textile park will come up at Nandgaon Peth MIDC, cotton processing units will be set up at taluka level and closed NTC mills in Mumbai will be shifted to Vidarbha. This was decided at a high-level meeting with Union textile minister Santosh Gangwar and Union minister of state for small and medium industries Giriraj Singh. These decisions were taken to give relief to cotton growers of Amravati division.
A meeting asked Northern India Textile Research Association (Nitra) to prepare a DPR for the expansion of Finley Mills at Achalpur. The mill presently prepares 45,000 spindles. After the expansion, spindle production will go up to 70,000. The mill has 10 hectares land available for expansion. It was decided to complete the expansion work in a year’s time.
It was also decided to expeditiously develop the textile park at Nandgaon Peth MIDC near here over a 500 hectare land. At present, three companies have started work here while 73 hectares have been given to other eight companies to start work. District guardian minister Pravin Pote assured to give 100 hectares land to NTC provided it completed its work within a year.
It was also decided to ask small and medium industries ministry and agriculture ministry to work together to evolve a comprehensive policy after studying the problems of cotton growers of the region.
The meeting also discussed at length the issue of shifting of seven NTC-run closed cotton mills in Mumbai to Vidarbha region.
India’s Synthetic and Rayon Textile Export Promotion Council of India (SRTEPC), India is planning to establish $300 million industrial park specialising in garment and textile material production near Ho Chi Minh City in Vietnam. As Vinod K Ladia, Chairman, SRTEPC, points out it is the efforts of Indian companies to take the initiative of the Trans-Pacific Partnership (TPP) trade deal which will offer a boost to local garment and textile industry.
The industrial park will focus on producing products related to textile and fabric materials. It will also accommodate manufacturers making products for large orders for Indian exports to Vietnam in the fields of healthcare, household appliances, and furniture, he said. Speaking to the media in Vietnam Ladia said that these high value-added products cannot be manufactured in Vietnam now. As a result, instead of importing from India with high taxes, now we will open our production bases in Vietnam to reduce costs.
Although Vietnam is a leading exporter of garments, it is dependent on other nations – mostly China – for its textile input. The Southeast Asian country imported more than $440 million worth of textile products from India during the financial year ending March 2014, with the main items being polyester viscose and synthetic fabric, polyester wool fabric, and polyester filament yarn. India’s exports of synthetic fiber to Vietnam went up from $36 million in 2009 to $89.09 million last year, an increase of 146 percent.
According to director SRTEPC, Srijib Roy, though India is not participating in the TPP, we have cogent reason to invest more in Vietnam to indirectly benefit from the deal because Vietnam imports fabrics from India. Last year, the Indian government approved a credit program for collaborative projects between India’s textile industry and Vietnam’s worth $300 million.
The textile ministry in India has demanded sops for yarn and fabric sectors, which it says were ignored in the five-year foreign trade policy announced early this month. It has also made a case for inclusion of garments in the interest subvention scheme being finalised by the commerce ministry to help the sector compete with Vietnam, Sri Lanka and Bangladesh, which get favourable access to developed markets.
Man-made fiber yarn as well as woven and knitted fabrics, in addition to garments, have been extended a two per cent incentive (in the form of fully transferable duty scrips) in the EU, the US, Canada and Japan.
However, sops in these markets do not help yarn and fabric producers as they export very little to these markets. The Merchandise Export Incentive Scheme (MEIS), however, ignores markets such as China, Bangladesh, Sri Lanka, Turkey, Vietnam and South Korea, which are major destinations for yarn and fabric from India.
By excluding key markets, the policy has virtually ignored fabric and yarn producers, who also need support in the shrinking world market. The textiles ministry is also trying to persuade the commerce ministry to include garments and other sectors in the new interest subvention scheme being finalised by it. Under the scheme, exporters from select sectors will get credit at a three per cent subsidy for the next three years.
APTMA has constituted a task force to deliberate on reasons for alarming 16 per cent fall in textiles and clothing exports in the month of March. The task force has a strong representation of all sub-sectors including spinning, weaving, processing, home textiles, knitwear, woven garments, towels and synthetic textile. The APTMA has given mandate to the central chairman S M Tanveer along with Gohar Ejaz as co-chairman to hold deliberations on the factors behind prevailing situation and suggest ways forward in terms of viability and sustainability of the industry.
The task force would formulate a strategy document for the restoration of viability of textile industry and undertake investment initiatives for achieving double-digit growth of textile industry. The mandate of the task force encompasses immediate reduction in cost of doing business and devise a methodology for effective zero rating regime for export-oriented industry. It would also deliberate on various incidents of taxes, cess, surcharges and inefficiencies and disadvantages of the system burdening the industry at around five to six per cent of the sales value for spinning, weaving and processing mills, making basic textiles unviable for value added exports. All these three sub-sectors are important part of the value chain, energy dependent, operate 24/7 and thus are more exposed to inefficiencies of the system, he added.
The government has only two options to save the textile industry. It would either have to reduce the cost of doing business of export-oriented textile industry or bring rupee at to its realistic value.
A recent study reveals that Chinese consumers are among the most environmentally conscious in the world and Chinese government is not alone in its efforts to bring down pollution level in the country and protect country’s water resources. On the other hand, India, the topper in the survey, 94 per cent consumers want companies to be environmentally responsible and only buy products that align with their beliefs, and 85 per cent feel guilty when they indulge in environmentally unfriendly behavior, the study reveals.
The study conducted by market research group GfK surveyed more than 28,000 people in 23 countries and found that 80 per cent of respondents in China believe brands have a responsibility toward the environment. By comparison, only 66 per cent of U.S. shoppers agree.
As compared to only 53 per cent of Americans admitting green guilt and 54 per cent allowing their ideals to dictate their purchasing habits, 70 per cent of Chinese consumers say they feel guilty when they do something that’s not environmentally sound and 72 per cent only buy products and services that appeal to their beliefs. GfK pointed out if companies promote the health and safety benefits of going green Chinese consumers may be willing to pay a premium for environment-friend products.
According to Ashok Sethi, MD,GfK Consumer Experiences in China, consumers seldom pay to assuage their conscience, but invariably do when they see a clear and meaningful benefit. Chinese consumers will pay if they feel that the premium that they pay today will create better and safer world for their children tomorrow.
The Pakistan Fashion and Textile Week was inaugurated in UAE on April 25 at a prominent five star hotel in Dubai. The event showcased Pakistani designers, fashion, fabrics and textiles at the international level.
Pakistan Fashion and Textile Week also included a two-day exhibition of Pakistani products. This will be a regular occurrence in UAE henceforth. The event was aimed at giving maximum exposure to Pakistani designers, their talent and products.
As a part of its trade and cultural diplomacy initiatives Pakistan will continue to explore new avenues that pave the way to promote Pakistani products, expand trade and boost its exports to the UAE and the Gulf region.
It’s felt such initiatives will not only project a positive image of Pakistan at the international level, but will also create an opportunity to support and encourage talented Pakistanis and give them an international platform to showcase their work.
The first edition of the Pakistan Fashion Week promoted the ‘Made in Pakistan’. It provided upcoming deigners from the region a platform to showcase their work. The event featured fashion shows along with a display of trendy apparel and classic jewelry.
The worldwide market for dyes and organic pigments is expected to grow six per cent per year. While China will remain the dominant player, rapid growth will also be experienced in smaller Asian markets such as Bangladesh, India and Vietnam. The textile market accounted for over half of world dye and organic pigment demand in 2014.
Textile and plastic producers continue to move production to countries with the lowest labor costs. Additionally, consumer preferences for new, unusual textile colours that do not fade and yet are environmentally friendly will boost growth in value demand as textile producers increasingly turn to these newer, higher value products.
The fastest growth in dye and organic pigment demand is expected to be in paints and coatings applications, driven primarily by strong advances in construction expenditures in North America and continued growth in the Asia/Pacific region. While the outlook for many organic colorant applications remains healthy, more moderate advances in printing inks, due principally to the growing publication of information in electronic form, will restrain overall dye and pigment demand. Opportunities will exist, though, for dyes and organic pigments that can be used in digital inks.
Dye and organic pigment consumption will remain concentrated in the Asia Pacific region, where the majority of world textile and consumer plastic product production occurs.
Technological developments are helping garment companies differentiate their products and operate more efficient and cost-effective supply chains. And technology in garments is about sustainability. For example, the jeans industry has moved a long way from stonewash, rinse and bleach finishes.
The use of laser technology to create a worn look on denim was launched in 1999. Today, around 25 per cent of global jeans production uses this technology - and is set to reach 50 per cent in the next two years. Jeanologia’s Light Scraper technology gives a standard denim fabric the authentic look of antique denim. It incorporates a virtual sandpaper to replace manual scraping, which is known for causing chronic tendonitis, muscle problems and breathing difficulties.
The second technology is G2 dynamic ozone technology, which bleaches jeans without using chemicals. The third and biggest revolution is e-flow. The e-flow technology transforms air from the atmosphere into nanobubbles. Chemicals and water naturally distribute themselves onto the surface of the bubbles to form the nanobubble skin. e-flow acts as a carrier to transmit the chemical-containing nanobubbles into a fabric or garment in a more optimal and efficient way using a minimal quantity of water. Applications include softening, resins for 3D effects, easy-care wrinkle-free, and water repellent finishes. This technology is currently used in around three per cent of jeans production.
eim.jeanologia.com/
Prices of Indian cotton are expected to rise in the near to medium term as the minimum support price (MSP) for kharif crops is likely to be revised and a deficient monsoon will affect sowing of cotton. Cotton prices touched a four-year low as they dipped to Rs 13,990 per bale in the third week of January. In 2014-15, cotton prices have been falling continuously because of higher production and a lower demand from China. The offtake by China, which used to buy 50 per cent of Indian cotton, came down to 10 per cent this time. Against 11.79 million bales of cotton exported in 2013-14, only 4.5 million bales have been exported till now in 2014-15.
El Nino is anticipated to affect the Southwest monsoon this year and lead to deficient rainfall. If this happens, cotton sowing will be on the lower side and in turn production will be down for the year. This will see prices moving up by June. As the price of raw cotton fell below MSP, the Cotton Corporation of India hiked the procurement of cotton from farmers. CCI has procured over 86 lakh bales of cotton in 2014-15 against 40,800 bales in the previous year.
cotcorp.gov.in/
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