MAHENG / 2007 / 20880 Vol . 01 No . 65 Mumbai , Wednesday , 20 June 2018 Pages 08

ColorJet launching FABJET GRAND a 3.2 metre width Digital Textile Printer

ColorJet India will be launching and showcasing live demonstrations on Reactive ink of the FABJET GRAND , at Heimtextil from June 27-29 , 2018 in New Delhi in hall no . 11 , booth no . H-300 . Page 03

APTMA rejects Textile Package

Pakistan : The CEC had rejected the imposition of 11 percent duty on import of cotton . Page 07

Mumbai : The Cotton crop production in India is likely to witness an increase of 8.11 per cent to 373 lakh balsas compared to last year . This increase in cotton production is due to the rise in cotton cultivation area in the country .

This year , cotton cultivation area increased from 108.45 lakh hectares last year to 122.59 lakh hectares . New cotton season in India starts from October every year .

According to the CITI , around15 lakh bales are likely to be exported while export figure is likely to be 70 lakh bales .

The Consumption including non mill consumption is expected to reach 316 lakh bales this year due to high prices of cotton domestically and internationally as compared to 306 lakh bales in 2016-17 .

China has inked an agreement with India for 5,00,000 bales of cotton from Indian traders for the new season as its buffer stock of cotton has declined to barely a year ’ s inventory . Selling of new season cotton usually kicks off from August end after evaluation of crop size in the country , but this year , huge demand from China and higher process collectively motivated Indian exporters to go ahead with export deals in advance .

Mumbai : Turkish textile firms had urged the Government to postpone plans on imposing new requirements on their imports from China . The meeting was held between representatives of the textile companies and state officials to discuss the government ’ s plan on imposing new fees . Turkish economy ministry stressed support for production imports from China but on the condition of bringing value added to Turkey .

Turkey ’ s textile sector is a pillar of its economy . Ready-to-wear clothing accounted for about 18 percent of Turkey ’ s $ 157 billion exports last year . Turkey imported a quarter of its $ 10.1 billion textile imports from China in 2017 , more than half of which are cotton fabrics and intermediary goods .

Bhubaneswar : The promotional activities of the Naveen Patnaik Government in Odisha has resulted in a sharp rise in the export of handloom and textile products .

The Handloom and textiles minister said that the state had exported handloom and textile products worth Rs 398 crore during the last five years .

The export , which was a meagre Rs 10 lakh in 2012-13 , went up gradually over the years and reached Rs 240 crore in 2016-17 . The government has also introduced the Handloom Mark and India Handloom Brand in the state to promote export of handloom and textile goods .

KVIC alleged Fabindia of selling FMA under Khadi Trademark

Mumbai : Indian Khadi and Village Industries Commission ( KVIC ) has alleged that the country ’ s leading ethnic retailer , Fabindia is marketing its factorymade products under the appearance of Khadi .

The Indian Khadi body has filed a case in this regard at the Bombay High Court seeking damages of Rs . 525 crore .

The law firm representing KVIC has asked Fabindia to compensate for the loss suffered , as the ethnic retailer used ‘ Khadi ’ trademark and Khadi mark in its products .

KVIC claims that they tested samples from Fabindia ’ s products which revealed that the factory-made clothes that the latter was selling in the name of Khadi originally did not belong to the specified brand .

The Khadi body further stresses that despite continuous assurance by Fabindia to stop using Khadi ’ s name and style , they ’ re still doing it which is unethical .

KVIC said that the authority is constantly looking to promote and protect the reputation of the organisation and it will always take strict actions against those who try to violate the rules that are set for the betterment of the rural craftsmen related to it .

China : According to relative regulation , the base selling price of the fifteenth week during Jun 19-22 is 16,103yuan / mt ( standard type price ), up 28yuan / mt from the previous week . Based on the selling price of standard type , the actual reserved cotton prices will be calculated according to the price difference of different quality .

Italy : Once again , innovation has taken a front row seat at the general meeting of ACIMIT , the association that represents Italian textile

Production ( a )

Export ( b )

Domestic Sales ( a-b )

Import ( c )

Consumption ( a-b + c )

Source : ACIMIT Note : Figures exclude laundry machinery data

Italian textile machinery sector ( million euro )

machinery manufacturers .

In presenting the latest figures for the sector for 2017 , President Alessandro Zucchi reiterated the inevitability of the digitalization process regarding the entire textile industry . association is essentially to strength the current link with educational institutions .

“ We need to consolidate the dialogue with schools ,” states Zucchi , “ making sure that our needs are met in professional terms , created by the new digital context and the ensuing opportunities young people can seize upon in sectors such as textile machinery production , in which Italy plays a pre-eminent role in providing excellence worldwide .”

At the general meeting ’ s opening remarks , Prof . Fortis , Vice President of the Edison Foundation , illustrated Italy ’ s

2013 2014 2015 2016 2017 var . 2017 / 16

1972 1969 2097 2184 2367 8 %

1686 1694 1817 1875 1998 7 %

287 275 280 310 369 19 %

383 399 442 483 500 3 %

671 674 722 793 870 10 %

global leadership within the textile machinery industry , both in terms of exports and trade balance .

The quality and distinction of Italian textile machinery has been reiterated by the latest

Export of Italian textile machinery

Partnerships between Source : ACIMIT figures provided by President technology suppliers and textile Zucchi . manufacturers have become In 2017 , production rose an essential component in by 8 %, for a value of 2.4 billion

Gujarat : The cotton crop in Gujarat is likely to be hit due to pink Background bollworm attack . on more the Italy significant ’ s textile e-commerce machinery industry The Production and ACIMIT benefitted This would add more woes to the farmer ’ s life who is already facing ACIMIT trouble represents due to retail an channels industrial . sector comprising from around a growing 300 manufacturers demand abroad ( employing cl

12,000 people ) and producing machinery for an overall value of about 2.9 billion euros acute shortage of water . The monsoon is getting delayed even after initial arrival in However , the digitalization for Italian machinery , as well as exports amounting to more than 84 % of total sales . Creativity , sustainable technology , reli cotton growing states . The situation is very much similar in other states like Rajasthan and quality are the

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’ s manufactur and Maharashtra too . The cotton farming has been done in only textile 9,339 hectares machinery in requires . a whole new set of domestic market , mainly due the first week of this month as compared to 49,400 hectares in the same period last skills , and consequently new to the boost generated by year . The farmers in the state has also been advised to sow once Contacts monsoon starts : in training solutions . the fiscal incentives for the order to avert pink bollworm attack which has significantly infested Mauro cotton Badanelli cultivation , ACIMIT Economics-Press , The declaration of digitalization process of the

Phone . + 39024693611 , e-mail : economics-press @ acimit . it during the last four years . intent launched by the trade companies .