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A hub for minor readymade manufacturing units, Manaparai based in Tamil Nadu may soon get a textile park that would give a potential platform for small power loom manufacturers to promote their products in both domestic and international markets. With road and rail connectivity, a textile park there would greatly help employment generation.
At a four-day buyer seller meet, the Tiruchirapalli District Tiny and Small Scale Industries Association (TIDITSSIA) pitched for the textile park in the area. The event has an exhibition featuring 23 stalls that would likely benefit the small scale manufacturers to find suitable buyers and establish their brand name.
Around 25 acres of land in Mondipatti village near Manapparai has been identified for the textile park., Manapparai is an ideal location for a textile park since the quantity of minor readymade manufacturing units and even exporters are highest among the district. TIDITSSIA wants the Powerloom Development and Export Promotion Council (PDEXCIL) to help small power loom manufacturers and promote textile industries in Tiruchy district. According to the Council, Tiruchy functions as a textile sector hub for the adjoining districts including Ariyalur, Perambalur and Pudukkottai.
Starting from spring/summer 2018, Kingpins will launch a new denim trend initiative to showcase its exhibitors' denim fabrics at its shows in New York, Amsterdam and Hong Kong. The concept combines a comprehensive seasonal denim forecast of fabrics, fits and finished alongside a curated garment installation that illustrates the season's forecast trends.
In order to create the design of the physical denim trend installation, Kingpins will work with Wink, the Amsterdam-based architects of Kingpins Amsterdam and Why by Kingpins shows. The aim is to create a minimal but beautiful installation that allows viewers to see details of fabric, garments and learn about trends. Moving beyond images on a screen, the installation will give Kingpins guests an immersive experience of the seasonal trends.
For many seasons Kingpins has fielded requests from attendees for more trend-related information. Mills are hungry to showcase their offerings in a way that is new, that is native to the Kingpins ethos and that allows them to participate in the trend conversation more immediately. By creating what is essentially a denim trend forecast and a corresponding inspirational installation, Kingpins is connecting all the dots.
The aim is to create the ultimate capsule collection that will start the spring/summer ’18 season with a bang and unite the community of mills, finishers and wash houses to create something unique.
Global apparel fabrics and accessories industry’s has begun to focus attention on the 2016 Autumn Edition of Intertextile Shanghai Apparel Fabrics to be held from October 11 to 13. Over 5,000 exhibitors from more than 25 countries and regions will take part and showcase an all-encompassing range of products across 260,000 sq mt of exhibition space at the Nation Exhibition and Convention Center (Shanghai). To ensure fair participants can easily identify their target suppliers and buyers with so much on offer, a number of well-distinguished product zones will feature again.
In response to the strong growth in global activewear market, Intertextile Shanghai launched its first Functional Lab at the Autumn Edition in 2015. The zone has quickly garnered much attention in the industry, with both exhibitors and buyers praising its effectiveness for capturing the opportunities in this high-potential market. Carrying on from the strong result of the debut edition, the Functional Lab (hall 5.2) is set to return this October. As of this month, two pavilions, organised by INVISTA and Gyeongbuk Natural Color Industry Institute, as well as innovators from China, Hong Kong, Israel, Japan and Korea have already reserved their space to present a spectrum of the latest innovative products.
Just as denim never goes out of style, neither does the design of Intertextile Shanghai’s Beyond Denim hall. The impressive product line-up at Beyond Denim, both domestic and overseas denim manufacturers will reside in hall 7.2 to showcase an extensive selection of denim products, including denim yarns, fabrics, accessories and machinery.
Epson Italia is acquiring the textile printing business Fratelli Robustelli. Epson has worked with Fratelli Robustelli to provide digital inkjet technology since 2003. The company is anticipating the acquisition to drive synergies and provide added value at a time when the digital textile printing market is expected to grow by 25 per cent annually.
The companies have been working together to promote digitalization by building the total solution support structure from development through manufacture, sales, and after-sales support.
Formalizing its partnership with Robustelli in this way puts Epson in a great place to meet the needs of the growing numbers of customers who are seeking to leverage the advantages of advanced digital solutions that will help drive their businesses forward.
As a result of the deal, Robustelli will join the Epson Group and tap into Epson’s manufacturing capability, expanding its offerings to more customers around the world. Epson will be able to use Robustelli’s expertise to develop digital inkjet textile printers and offer customers a wider lineup of products. Together, Epson and Robustelli plan to focus on joint R&D efforts. Further, Robustelli products will be sold by Epson’s worldwide sales and service network.
Epson Italia is part of the Epson Group. Epson Italia handles sales and marketing of Epson products in Italy and oversees sales in Turkey, Greece and the Balkan area.
In its resolve to strengthen worker’s organisations and employers in the readymade clothing sector of Bangladesh, Denmark has signed an agreement with the the ILO. The agreement was signed by the Danish Ambassador Hanne Fugl Eskjær and acting Country Director of ILO, Gagan Rajbhandari. The titled “Promoting Social Dialogue and Harmonious Industrial Relations in the RMG Sector” will be jointly funded by Denmark and Sweden and implemented by the ILO over the next five years.
The project is part of the overall development program between the governments of Bangladesh and Denmark that underpins Danish development strategy in Bangladesh for the next five years. The project aims to contribute to establish an effective industrial relations framework with a focus on the RMG sector in Bangladesh. Furthermore, the project would promote sustainable enterprises through social dialogue and strengthen the workers and employers organisations.
The Union government has undertaken a study that would examine issues related to problems faced by the job working units in the Tirupur knitwear cluster to avail duty benefits under Export Promotion Capital Goods (EPCG) scheme for machinery import. The problems for the garment industry started after an amendment in the Foreign Trade Policy that mandates the job working units in printing, dyeing and knitting and other segments to establish a direct link between machinery imported and the finished goods exported came into effect from July 1 last year.
In apparel clusters such as Tirupur, vertical integration of production capacities was not much and the units were spread out across the cluster, doing job work. In his petition to the Government, S Dhananjayan, a consultant and chartered accountant had pointed out that the amendment had mandated the EPCG licence holders to show documents such as copy of agreement entered between the license holder and the ultimate exporter undertaking to export the goods manufactured, proof of dispatching goods from the licence holder’s factory to the exporter’s firm and lorry receipt to show logistical movement, among others, to get the zero duty benefits for machinery import.
With the signing of the Trans Pacific Partnership trade agreement between 12 Pacific Rim countries of which China is not a part of, the textile industry of China is undergoing palpable change as many countries see a threat of a power shift in the world’s textile industry. Despite the slowdown in Trans-Pacific Partnership due to the United States presidential and congressional elections, the impact has already been felt by China as companies are trying to move out, The Woolmark Company key account manager for Hong Kong, Daniel Chan has reportedly said.
With the elimination of tariffs set to promote competitiveness of textile industry, Chan was of the view that the reaction has been immediate, bringing trade momentum from China to Vietnam. Since the profit margin is low, manufacturers, mostly from China and Hong Kong have migrated to Southeast Asia and are trying to save money by setting up factories there. According to Woolmark Company Hong Kong, country manager Alex Lai, manufacturing is moving from China to Southeast Asia into Bangladesh, Vietnam, Cambodia, Burma and Indonesia because of labour costs. He is of the view that in the future, the Tangible Personal Property TPP tax benefits to export to Europe and US would be attractive.(Tangible personal property is a tax term describing personal property that can be physically relocated, such as furniture and office equipment).
Big businesses in the supply chain are already building their businesses in TPP partner countries. The TPP is anticipated to set widespread new rules for trade, investment, intellectual property, labour, data storage, state-owned enterprises and the environment across 40 per cent of the world's economy in countries like Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, US and Vietnam.
The British vote to leave the European Union will not immediately affect Pakistan’s exports under the Generalised System of Preferences Plus scheme. However, Pakistan might lose a supporting voice in Brussels for continuation of the preferential package in the wake of Britain’s permanent exit from the EU.
Both Britain and Germany are major destinations for Pakistani exports under the GSP Plus scheme, which became effective on January 1, 2014, and will remain available for the next 10 years. Pakistan’s exports to the United Kingdom under the scheme are not going to be affected immediately. Moreover, Article 50 gives an existing country two years to negotiate terms — on issues like trade and migration for example — for its relationship with the EU. This suggests that Pakistani exporters will continue to enjoy the duty-free export status to Britain for the next two years.
Under the GSP Plus status Pakistani exports to the EU fell by 12 per cent in July to December 2015 from a year ago. It was only in the first year of the preferential tariff scheme, 2014, when Pakistan’s exports increased by 22 per cent year-on-year. Pakistan is now looking for new supporters from within northern Europe and France and Germany to enjoy the same privileges in the wake of Britain’s formal withdrawal from the EU. Countries in northern Europe are traditionally in favor of trade liberalisation.
Industry and trade association Assocham has warned that the risks to global economy and its spin off to India from Brexit are emerging out to be much larger than initially perceived. In a status paper, Assocham said, the risks make it imperative for the government to heighten watch on unfolding political-economic scenario in Europe, by setting up a high level monitoring group comprising inter-ministerial and agency representatives. Given the increased global risks, it would be quite prudent for the government to announce successor to Raghuram Rajan as the RBI Governor sooner than later, it added.
Assocham has come out with a status paper, suggesting much greater watch on the situation, than just being complacent , taking solace from strong fundamentals of the Indian economy, after a brain-storming assessment by its leadership based on the fast moving developments in EU headquarters in Brussels, UK, Germany, France and Italy after the Brexit.
The association has suggested formation of a high level monitoring group comprising senior officials of the ministries of Finance, Commerce, Information Technology and the Reserve Bank of India. Active involvement of Indian High Commission in London and missions in several European capitals is sought in getting the real time information with a proper perspective from ground zero. Constant inputs should be sought from the Indian firms with bases in Britain and across Europe.
Prestigious HGH India 2016, the annual trade show for Home Textiles, Home Décor, Gifts & Houseware is all set to bring Indian and international brands, manufacturers and distribution partners together this July for its 5th edition at the Bombay Exhibition Centre. Rashmi Verma, Textile Secretary, will be the chief guest at the inaugural ceremony. The trade show provides a focused marketing platform for designer, branded and mass produced goods, enabling the sellers reach out to retailers, distributors and institutional buyers across India. The sourcing options and innovations in home textiles, home décor, houseware and gifts category will continue to grow at the HGH India 2016.
HGH India 2015 was visited by an enviable 22,750 Indian retailers, distributors, importers and trade buyers from 398 cities and towns from all over India, over 400 leading Indian and International brands showcased their innovations and fresh collections. These top-end decision-making retail professionals come for their annual sourcing requirement, to find new business opportunities, and to understand upcoming fashion, business and market trends in the home category. With a track record of 4 successful editions and a growth of 50% in visitors in 2015, HGH India has firmly established its position as India’s leading trade show for home category with clear focus on the India’s domestic retail market.
HGH India’s 5th edition is the biggest ever edition of the trade show with products from over 450 brands and manufacturers from about 30 countries. Several leading brands would be using HGH India to launch their new products and innovations to the trade. Apart from regular exhibitors HGH India 2016 will witness over 100 new exhibitors at the show this year.As always, visitors will be able to discover forecasted colours, designs and styles for the future at the Trends Pavilion. Presented under the overall theme ‘Cognizance’, Trends for 2016-17 have also been encompassed in a World-class trend book, besides their detailed showcasing at the trends pavilion at HGH India 2016.
