The inaugural International Textile Fair (ITF), which closed at the Dubai World Trade Centre on November 4, triggered a robust response from local and international exhibitors, 90 per cent of whom have shown interest in taking part in the second edition that will be held on April 26 and 27, 2015, on a much bigger scale, organizers of the show said.
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Kishore Khaitan, Managing Director of Basant Wire Industries Pvt Ltd, Jaipur is a facile, easy-going and more willing talker when it comes to the technologies and USPs of his company´s products, of which he speaks with pride asserting that ´customized solutions and value addition make our products preferred even over buying replacements parts from OEM suppliers.
The Economic Coordination Committee (ECC) of the Cabinet Islamabad in Pakistan after detailed discussions and deliberations considered and approved the proposed ´Textiles Policy 2014-19′ subject to deletion of section 12.3 of the policy related to textile development fund out of export development fund. Federal Minister for Finance Senator Mohammad Ishaq Dar chaired the meeting of the Committee here at the Prime Minister’s Office.
An amount of Rs 288.4 crore have been released for setting up of textile parks in the country during the last three years,´ Textiles Minister Santosh Kumar Gangwar said.
The taxation of goods and services in India has hitherto been characterised by multiplicity of rates and this has left the industry and service providers at a disadvantageous position in the global market.
According to the 2012 International Textile Machinery Shipment Statistics report of the Switzerland-based International Textile Manufacturers Federation (ITMF), Indonesia was the third-largest importer globally in 2012 of short-staple spindles, with 594,288 or 5.7 per cent of the total; the third-largest importer of shuttleless looms, with 3,727 or 4.3 per cent; and also the third-largest importer of large circular knitting machines, with 1,350 or 3.7 per cent.
EURATEX welcomes Serge Piolat as its President taking the office in January 2015 for a two year term. Piolat, succeeding Alberto Paccanelli who headed EURATEX during the last four years, pointed out: ´Alberto Paccanelli achieved impressive results in consolidating the voice of the European textile and apparel companies.