The Indian government has imposed a duty
of Rs 2,500 per tonne on raw cotton and 3% of the
free-on-board value of cotton waste exports in order to
moderate prices of the commodity in the domestic market and
help the local textiles industry. The Central Board of Excise
and Customs has notified the export duty on the natural fibre,
which has seen a sharp rise in prices in the recent few
months. The export duty has been levied for six months.
Zimbabwe has doubled the producer price
for cotton, said Jabulani Gwaringa, an economist with the
Zimbabwe Farmers’ Union. He said farmers will receive 30 U.S.
cents a kilogram (2.2 pounds) for the lowest-grades of cotton,
up from 15 cents a kilogram last year. Zimbabwe’s cotton is
grown mainly by small-scale farmers.
Dr Hasan Mahmud, Bangladesh State
Minister for Environment and Forest said that reopening of the
closed jute mills would benefit the economy. It will also
generate employment while salvaging the country from
environmental pollution. He also added that, owing to the
eco-friendly nature of jute, a hike has been noticed in its
demand across the globe.
China will continue to shut down outdated
capacity in major industrial sectors to reduce pollution, save
energy, and upgrade industry. The sectors include tannery,
printing and dyeing. Outdated capacity in the textile industry
sectors are amongst those which the country plans to close.
Before 2011, these equipments as follows are to be eliminated
as outdated industrial capacity.
The India Central government has decided
to suspend the duty concession of 7.5% available to cotton
yarn exporters under the Duty Entitlement Pass Book (DEPB)
scheme, as part of a measure to moderate the price of the
commodity in the domestic market. Further, it decided that
steps be taken to ensure a carry forward of at least 50 lakh
bales of raw cotton at the beginning of the next cotton
season.
Turkmenistan President allows De La Rue
to produce high-quality paper for banknotes from Turkmen
cotton. Turkmen cotton will meet all international standards
for the production of paper for banknotes, said James Hussey.
He said ever since Turkmenistan achieved independence, De La
Rue has been in liaison with the government for bank security
papers and national currency.
A Bangladesh based company, J and J
Industries Limited is all set to establish a garments
accessories manufacturing industry in Chitagong Export
Processing Zone (CEPZ) by investing US $1 million. The project
will offer employment to a large number of Bangladeshi workers
producing variety of garment accessories.
An engineering sector Special Economic
Zone (SEZ) in Shimoga has been converted into textile zone.
Indian large and medium industries Minister Murugesh R Nirani,
in a written reply to the assembly, said the state government
has decided to drop the engineering sector SEZ as no company
came forward to set up the project there. The entire 250 acres
of land earlier proposed for SEZ has been allotted to
Bangalore-based Shahi Export Pvt Ltd for setting up facilities
for weaving, textile and ready-made garments with an
investment of Rs 533.19 crore.
Bangladesh textile millers protested the
government's move to release commercial yarn imported from
India through land ports, saying the step would affect the
local industry adversely. The Textile Ministry has hurriedly
taken up steps to import yarn from India on the plea of its
high price in the local market without considering the
interests of the local industry, said Abdul Hai Sarker,
President of Bangladesh Textile Mills Association (BTMA). He
said the yarn production capacity of the Bangladeshi textile
mills is 1,600 million kg annually, but now the annual
production has come down to 800-900 million kg due to severe
power and gas crises.
An expert in skill development bemoaned
the fact that, the Indian textile sector lacked the skills,
necessary to take advantage of the prospects thrown up by the
global textile industry, particularly in the field of
technical textiles and attributed the same to absence of
fragmentation and vertical integration the most, said G.
Somasundaram, Head, Industry Linkages (Skill Development),
Infrastructure Leasing and Financial Services Cluster (IL&FS).
He said that, in the next ten years, there will be a
requirement of more than three million people by the textile
value-chain, so there is an urgent need for develop a synergy
between industry and educational institutions to come together
and offer skill development courses.
In a research, scientists revealed that
women exposed to chemicals and pollutants in textile industry
prior to their mid-30s are more prone to breast cancer later
in life. Researchers at Robert-Sauve Occupational Health
Research Institute in Montreal, Canada established that women
exposed to textile-industry chemicals in early 30s have an
increased risk of breast cancer post-menopause.
Due to its high added value namely in
exports, the textile and clothing sector represents 37% of the
Tunisian industry and contributes to 36% of exports and
manufacturing industries, said Tunisian Export Promotion
Center “CEPEX”.
This year, the production target of
Bangladesh cotton has been set at 18,760 tonne from 12,792
hectares of land in the division, while last year this target
was set at 15,000 tonnes of cotton from 9,700 hectares.
Whereas, for the country as a whole, cotton production was
targeted at 49,000 tonnes from 40,000 hectares, as per Cotton
Development Board’s (CDB) report.
India's cotton 2009-10 exports are likely
to rise to 8 million bales, up 129% on year, drive by strong
demand from China and Bangladesh. The country had exported 3.5
million bales in 2008-09 and the government initially
estimated exports of 5.5 million bales for the year.