Surat, which is famed to house India’s largest man-made fabric (MMF) hub, is in for bad times with the Indian Finance Ministry’s decision to impose definitive anti-dumping duty on purified terephthalic acid (PTA) imports from China, Iran, Taiwan, Indonesia and Malaysia.
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The Indian Government has imposed anti-dumping duty (ADD)â€â€ranging between $0.180 and $0.194 per kgâ€â€on viscose staple fibre (VSF) imports from China. The Finance Ministry has announced levying of ADD ranging from $0.103 to $0.512 per kg on VSF imports from Indonesia.
Export of man-made fibre (MMF) yarns from India shot up by 35.9 per cent year-on-year basis by scaling a new peak at $20.76 million in June this year.
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.
Use of even larger cans at the card is only possible with T-MOVE. The Can Filling Station T-MOVE is an entirely new solution for filling cans at the card. In recent years, card productions have increased rapidly. The can changers, however, have not adapted accordingly. To change a can, the delivery speed of the card must be significantly lowered and then increased again after the change. This reduces efficiency and impacts sliver quality.
Held at JW Marriot, Sahara Mumbai, the first-ever LIVA Accredited Partner Forum (LAPF) Confluence was a vibrant event.
The evening of the first-ever LIVA Accredited Partner Forum (LAPF) Confluence organised by LIVA, the natural fluid fashion fabric was full of colours, fashion & vibrance.
After experiencing tremendous success in the first-ever Source India programme held at Hotel Grand Hyatt, Mumbai during 2010, the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) has decided to organise the second edition of Source India programme under the MAI scheme ´ an exclusive buyer-seller meet in Surat inviting buyers from Asia, Middle East & Gulf, Africa and South American countries.