For the first time in its 40-year history India ITME Society, which organises key textile technology industry exhibitions, has opened its doors in Africa.
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ITME AFRICA, to be held from February 14-16, 2020 at Addis Ababa, Ethiopia, shall cater to all developing textile markets and technology demand for all of Africa’s textile nations.
In May last year, the Coimbatore-based integrated textile manufacturing company KPR Mill Ltd inaugurated its first overseas garment unit in Ethiopia’s Mekelle Industrial Park.
Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA) has thanked the Duty Drawback Committee and the Government for considering the inputs given by the textiles and clothing industry and enhancing the rates marginally across the value chain.
The government encourages exports by refunding various taxes and levies so as to make all the exporting commodities remain competitive in the globalised environment.
Ghana’s high commissioner to the United Kingdom Papa Owusu-Ankomah recently urged Ghanaian garment and textile manufacturers to take advantage of the opportunities in the UK and European markets following Brexit.
After registering a decline of about 9 per cent in cotton season (CS) 2018-19, India’s cotton production is likely to witness a double-digit growth of about 16 per cent in CS 2019-20 with production at 6.6 billion kg during the year on back of favourable monsoon as well as increased MSP that led to increased cotton crop sowing. For CS20, the acreage under cotton is estimated to have marginally increased by about 1.3 per cent to 12.8 million hectares.