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.
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Indian spinners are likely to see a gradual performance recovery beginning 2017-18 last quarter after facing multiple problems over the last several quarters that resulted in their profitability touching six-year lows in the previous two quarters, according to a report by credit rating agency ICRA. Cotton yarn demand is also expected to gather strength.
The leading trade event in the world’s biggest yarn and fibre consuming market; an unrivalled ability in gathering high-quality worldwide buyers from various market sectors; strong industry affirmation on its effectiveness; synergies with concurrent international textile events… these are the key reasons why Yarn Expo is the fastest growing fair of its kind in recent years.
ACIMIT, the Association of Italian Textile Machinery Manufacturers, and the Italian Trade Agency for the promotion and internationalisation of Italian businesses abroad, will be organising an exhibition space at the upcoming edition of Techtextil Russia
Over 390 Indian companies have come together together to showcase the country’s textile expertise at the world’s biggest fair for interior textiles – Heimtextil this week.
Sometime in next few years, hopes are high that China’s overall cotton import levels may rise and may even be back to 16 million bales
Vietnam’s textile and garment industry has targeted a year-on-year increase of 10 per cent in export value to $34 billion in 2018 despite difficulties in markets at home and abroad, according to Le Tien Truong, General Director of the Vietnam National Garment and Textile Group (Vinatex). He recently reported Vinatex’s performance at a meeting in Hanoi.