VDMA German Textile Machinery Associaton takes the initiative to organise a Textile Machinery Symposium in India in December 2005. Thirty leading German companies known to be technology leaders on the market are set to participate at the event.The symposium will meet the increased requests for high-tech technology from Germany by the Indian Textile Industrialists after the abolition of the quota system. The VDMA trade fair committee, composed by leading manufacturers such as Barmag, Thies, Schla

Canadian textile industry is facing the heat, as low-priced Chinese imports seem bend the industry on its knees.Further, the Government despite several representations to plug the unhindered flow of cheap apparel, garments, T-shirts, jeans, inner wears and many other products from the dragon country, remains unresponsive rubbing salt on the bruised spirit of the textile industry.Matters have turned worse with the ending of the ATC or the Multi Fibre Agreement under the World Trade Organization t

Textile entrepreneurs on Tuesday urged government to immediately stop huge illegal influx of foreign textile-fabrics that they said are gobbling up the domestic market crowding out local products."Even 30 percent cash incentives will not be able to help the industry survive unless the illegal imports come to an end," Bangladesh Textile Mills Association (BTMA) chairman MA Awal told reports after a meeting on the textile industry at FBCCI office.The meeting of the FBCCI Standing Committee on Text

The leather industry of Punjab is facing a shortage of quality hide due to social and political pressure even though cattle head count of the state stands only second to Uttar Pradesh in the country.The prevailing ban on slaughter, lack of proper flaying (removal of skin) and finally poor quality leather has turned to be the bane for the industry.According to Mr Ashok Sharma, the Council of Leather Exports (CLE) member based at Jalandhar, the last decade has witnessed a marked decline in the qua

As a part of major step towards rejuvenation and augmentation of infrastructure of Handloom sector in the state, the Deputy Chief Minister, Mr Mangat Ram Sharma inaugurated the Wool and Woolen Design Development Centre of State Handloom Development Corporation constructed at a cost of Rs 1.30 crore at Rambagh here today. The Centre sanctioned under Prime Minister? Economic Package is equipped with latest technology like chemical and physical testing laboratory, resource room, CAD Lab, workshop a

Terming it "inevitable," Brazil will soon introduce trade safeguards over Mercosur members?and Argentina, in particular, reported Sao Paulo based financial press. Quoting unidentified sources, the media said in order to protect the local industry, measures are being mooted and governments of Argentina and Brazil will soon enter in to formal talks.An ?nformal?quota system is already adopted by businessmen from the two countries dealing in products such as refrigerators and foot wear. Even the Gov

During January - May 2005, the Chinese Customs have revealed country's total foreign trade (import-export) reaching US $522.78 billion.The increase was 23.2 percent over that registered during the same period last year, said the communique.Export stood at $276.4 billion, recording 33.2 percent rise, while import crossed $246.38 billion, showing 13.7 percent increase over last year, same period. The five month gross textile and apparel trade stood at $46.42 billion, which climbed by 19.3 percent

Cotton prices slightly rose in China amid tight supply and lower demand. Import prices were sharply higher, leaving room for a new increase in domestic prices. With US embargoes looming, however, processors continue keeping stocks at extremely low levels. Already confronted with excess production, China's spinners are waiting for more information about the coming level in apparel exports. As US embargoes are looming on China's exports in a few major apparel categories, cotton buying was suspen

World textile market leader Saurer Textile has acquired Grap Group.By acquiring Graf Group, Saurer continues in its strategy of strengthening its spare parts and service business. Saurer? Total Solution offer is thus extended to include solutions for carding and combing machines.Saurer signed a purchase contract to acquire 100% of the share capital of Hogra Holding AG, the parent company of Graf Group. The acquisition is expected to be completed in fall 2005.Hogra Holding AG, domiciled in Freien

End of global textiles agreement leads to worsening labour conditions in the PhilippinesNew ICFTU report submitted to the WTODespite having ratified all eight core labour standards, labour violations in the Philippines continue unabated, according to an ICFTU report released today to coincide with that country's trade policy review at the WTO this week.The report shows serious shortcomings in the application and enforcement of all eight core labour standards, in particular in the clothing and te