Surat: Textile entrepreneurs and yarn manufacturers from south Gujarat will be participating in the four-day-long 'Textile India-2017' being organized by the Ministry of Textiles, Government of India in support of Synthetic and Rayon Textile Export Promotion Council (SRTEPC) in Gandhinagar from June 30. Prime Minister Narendra Modi will be inaugurating the Textile India-2017 on June 29. Over 1,000 exhibitors covering the entire gamut of Indian textile industry comprising man-made fibre and textiles, yarn, fabric, apparel, made-up as well as silk, wool, handloom, cotton will be showcasing their latest products, designs and innovations to more than 2,500 international buyers.
Ajay Sardana
Chief Sustainability Officer & Jt. President
Grasim Industries Ltd., Aditya Birla Group
Dr Vijay Ramakrishnan
Head -Textile Research & Application Development Centre
Grasim Industries Ltd., Aditya Birla Group
SRTEPC chairman Narain Agarwal said, "Over 100 exhibitors from the man-made textile industry, majority from Surat, will be participating in the event. Textiles India 2017 is recognized as a "must visit" international event for key stakeholders globally comprising international buying houses, importers, fashion houses, luxury and retail brands and reputed fashion designers." Agarwal informed that the event will host pavilions of focus countries such as the UK, the USA, Germany, Japan, China, South Korea, Kazakhstan, Turkey and Australia. The Ministry of Textiles has planned road shows in many of these countries as well as in Russia and UAE to promote the event. "We are organizing road shows in Malaysia, Bangladesh, Turkey, Indonesia, Vietnam and Sri Lanka wherein we will meet members of leading trade bodies related to textile sector with the support of the Embassy of India in those countries. The council will also be organizing road shows in the leading textile clusters of the man-made fibre and textile industry in the country to promote the event," Agarwal said.
Source: The Times of India
The Surat textile market has got constructed a building named 'The Empire', where a loaded truck can go to the ninth floor with the help of lift. The textile market, which was built in 10,562 square meters in Surat's Saroli, has been identified as a textile hub across the country. The loading and unloading facility is given on every floor in this nine-storey market. The building has 16 elevators, of which eight are for lifting the goods. On each floor, a goods lift has been given for two shops. The shop owners can also park their respective cars in a 3,000 square meter shop through goods lift. Along with the free Wi-Fi, 12 common toilets, and 52 CCTV cameras for safety, mineral water for labour facilities are also available. Special attention is also being given to 'Clean India' campaign.
Source: WebIndia
Businesses that did not enrol for the Goods and Services Tax in the first phase will get a second chance. The government will re-open the enrolment window from June 1 for another 15 days. The issue was discussed at a review meeting by Revenue Secretary Hasmukh Adhia on the administrative and IT preparedness for GST. The enrolment window was open between November 8 last year and April 30 this year. In this phase, 60.5 lakh taxpayers out of the total 84 lakh had enrolled for GST. The government plans to roll out GST from July 1 this year despite concerns by some States and industry that it may have to be a race to the finish. Apart from the tax rates, many of the GST rules are yet to be finalised while most States have still not passed the State GST Bill.
Training officials
Till now of the 62,937 tax officials, only 24,668 have been given hands-on training on the application software on live system. “The remaining officials will be trained by June 15,” said a Finance Ministry statement. Meanwhile, the GST Network, which is the IT backbone for the new levy is also conducting a pilot on the GST System Software from May 2 to May 16 to test the return filing. “About 3,200 taxpayers drawn from each State, Union Territory and the Centre will be participating,” said the Finance Ministry, adding that all stakeholders involved in the GST system including taxpayers, banks, accounting authorities and the Reserve Bank of India are participating in it. The review meeting was also attended by GSTN Chairman Navin Kumar; Chairperson Central Board of Excise and Customs Vanaja Sarna; as well as Infosys India Business Unit Head CN Raghupathi, apart from other Finance Ministry officials.
Source: Business Line
New Delhi: The Finance Ministry has extended by one year the validity of existing anti-dumping duty on partially oriented yarn (POY) imports from China. The anti-dumping duty of $542.22 per tonne —imposed on May 2, 2012 — was valid till May 2 this year and now would be applicable till May 1 next year. The latest Revenue Department move follows the designated authority in the Commerce Ministry initiating a sunset review investigation of anti-dumping duty on POY imports from China. It has come in 10 days after the sunset review investigation was initiated. Reliance Industries had filed the request for sunset review. It was supported by Indo Rama Synthetics (India) Ltd, JBF Industries Ltd, Garden Silk Mills Ltd and Alok Industries Ltd.
Source: Business Line
Revenue secretary Hasmukh Adhia on Thursday expressed satisfaction with the IT preparedness for the July 1 roll-out of the Goods and Services Tax (GST) after he reviewed GST Network (GSTN) on Wednesday. As on April 30, over 60 lakh or 72% of the 84 lakh existing taxpayers had enrolled on the GSTN. The enrollment window will be re-opened for 15 days from June 1 to provide another opportunity for taxpayers to enroll on the system, the government said in a statement. GSTN is also conducting a pilot on GST system software where 3,200 taxpayers drawn from each state/UT and centre will participate. “The pilot covers all the three modules and is being run to give the taxpayers first hand opportunity to work on the live system as the creation of return has become an interactive process,” the government said. The pilot started on May 2 and will run till May 16. The three modules will cover the processes involved in filing a return under GST, which includes uploading invoices, creation of supply return, viewing purchase return, editing and accepting purchase return, response of purchaser on added invoice data, payment of taxes, creation of bank scroll and reconciliation of payment by accounting authorities. “All stakeholders involved in the GST System — taxpayers, bank, RBI and accounting authorities— are participating in this exercise which is like a rehearsal for the real roll-out. The feedback from the pilot will be used to further improve the GST software,” the government said. Additionally, out of 62,937 tax officials, 24,668 have had hands-on training on the application software on live system while the remaining officials will be trained by June 15. The preparedness meeting was attended by Vanaja N Sarna, chairperson of Central Board of Excise and Customs (CBEC) and Navin Kumar, chairman GSTN among other officials from finance ministry and representative of the Infosys, the company that is building the IT backbone for GST on behalf of GSTN.
Source: Financial Express
A tussle is brewing between the finance and commerce ministries over the formation of a trade remedies body to guard Indian industry from rising protectionism. The department of revenue has objected to a draft Cabinet note circulated by the department of commerce to merge the safeguards and anti-dumping directorates into a directorate of trade remedies. The Central Board of Excise and Customs (CBEC) has contested the structure of the new body, proposed to be under the department of commerce and headed by an additional secretary. At present, the safeguards directorate falls under the CBEC and the anti-dumping directorate comes under the department of commerce. The proposed trade remedies directorate, on the lines of the US International Trade Commission (USITC), will guide industry and stakeholders on the best available remedy in case of injury from imports. “The inputs for the draft Cabinet note are being compiled. All remedies should be available to industry under one roof. This body under the commerce department will guide industry on whether to opt for safeguards, anti-dumping duty, countervailing duty or minimum import price. Industry will not have to run around looking for remedies,” said a commerce department official. “With Finance Minister Arun Jaitley’s approval we have pitched for an independent commission headed by a tax expert instead of it falling under the commerce department. In the worst case scenario, the anti-dumping directorate should also come under the revenue department,” said a CBEC official. Commerce department officials argue that the trade remedies directorate will provide clarity to industry. “Today, while the anti-dumping directorate finds no injury, the safeguards directorate finds injury on account of imports. There is a clash, which needs to be addressed,” the commerce department official said. Anti-dumping duties are imposed if a country exports goods to another country at a price much lower than what it charges in its home market. Countervailing duties are levied on imported goods to offset export subsidies offered to producers in the exporting country. Safeguards are imposed to limit imports of goods temporarily if domestic industry risks being harmed by a surge in imports. The CBEC is also concerned over the 90 service posts from the safeguards directorate that will move to commerce, taking away work from the department. This will be on the top of dilution of powers of the CBEC under the proposed goods and services tax. The proposal to merge the two bodies emerged amid slowing global trade and rising protectionism. The move is aimed at building expertise and improving coordination. The CBEC has also protested against the commerce department’s proposal for a logistics division to simplify movement of goods by exporters and importers. “The commerce department is trying to duplicate work the Customs department is doing. We started a single-window clearance facility last year and it has reduced the time for exporters. We have upgraded our systems. You cannot do Customs work at 100 places,” said a Customs official. The commerce department has proposed integrating business processes related to shipping, rail, roads and container freight stations.
Source: Business Standard
CHENNAI: Japan is looking to tap the textiles sector in Tamil Nadu and experts from the country are evaluating the two textile labs in the State to ensure they comply with the quality requirement and various compliances for Japanese markets. On the sidelines of the Capacity Building Programme (CBP), Kei Funaki, regional manager of Japan Textile Products Quality and Technology Centre (QTEC) told Express, on Thursday, that the island nation is looking at alternatives since the import of Chinese textile goods has become more expensive due to the high cost of labour. Japan imports 97% of textiles (worth $38 billion), of which China accounts for 67%, and is focusing on nine of 19 laboratories, of which two are in Tamil Nadu, said K Phanindra Reddy, Principal Secretary, State Handlooms, Handicrafts, Textiles and Khadi Department. KS Muraleedhara, Joint Director (laboratories), Textiles Committee, Union Ministry of Textiles, said the prime focus under the CBP is to make Indian exporters and manufacturers understand the quality requirement for Japanese markets. He said India’s share, in comparison to Japanese import, is only 1%. “Our country’s overall export is worth $40 billion while the Japanese market alone is worth $38 billion,” said Muraleedhara while stressing on the need to tap the Japanese market. “Of the 1.2% export to Japan, Tamil Nadu alone accounts for more than half.” Funaki said he is impressed by the garment sector in Tamil Nadu. “We did not have any information about the textiles sector in India prior to this visit,” he said. The visit by Funaki and Toshiki Tasaka, Director, Overseas Coordination Department of QTEC comes in the wake of the Textiles Committee entering into a memorandum of understanding with Japan Textile Products Quality and Technology Centre.
Factfile
• Indian textile industry contributes 5% to India’s GDP
• The textile industry employs about 45 million people directly and 60 million indirectly
• India’s overall textile export stands at $40 billion
• Japan imports only 1.2% of textiles from India
• Japan’s textile import is worth $38 billion
Source: The New Indian Express
Government plans to open a facilitation centre for textiles and handloom industry with state-of-the-art facilities including a laboratory in Panipat to support entrepreneurs and weavers. The announcement was made by Union Minister for textiles Smriti Irani at a road-show of ‘Textiles India-2017. The handloom industry is currently valued at Rs 37,000 crore. The textiles industry had grown by up to 20 per cent in the last four to five years, Irani said, according to media reports. The handloom industry, in terms of both domestic industry and exports, is valued at Rs 37,000 crore, the minister said. The entrepreneurs should also participate in another ‘Textiles India-2017’ event to be organised in Gandhinagar, Gujarat during June 30-July 2, 2017. The event will be inaugurated by Prime Minister Narendra Modi, Irani said. The minister said that the suggestions of entrepreneurs regarding local issues in the state should be heard and deliberated upon by Haryana’s Transport Minister Krishan Lal Panwar and Karnal MP Ashwini Chopra. There should be discussions with Chief Minister Manohar Lal Khattar on the issues for solutions, according to the reports. Panwar said that suggestions submitted by industrial organisations for improvement of facilities and resolving local issues would be given due consideration by the state government. Haryana had implemented new enterprises promotion to encourage setting up of more industries and provide them with the best facilities. Panipat was recognised all over the world for its handloom industry.
Source: Fibre2fashion
Gap, one of the world's most iconic apparel and accessories brand and an authority on American casual style, has announced that its products would now be available on Amazon Fashion in India through a partnership between Amazon India and Arvind Lifestyle Brand Limited, a subsidiary of Arvind Limited, which is one of India’s largest textile companies. Available through a dedicated brand store, the partnership will kick off by offering Gap’s Summer 2017 collection. Included in Gap’s broad assortment available on Amazon.in are seasonal favorites such as denim, logo, shorts, and dresses as well as comfortable and lightweight GapKids and babyGap styles. "We are very excited to provide India-wide access to Gap merchandise for customers with Amazon Fashion. As a front runner in the online retail space, Amazon Fashion is the perfect partner for an iconic brand such as Gap to reach customers in India markets where Gap doesn’t currently have physical stores. We see tremendous support from our shoppers around the exclusive Gap store on Amazon and we look forward to creating new Gap fans in the Indian market," said J Suresh, managing director and CEO at Arvind Lifestyle Brands Ltd. Gap brand entered the India market through franchise-operated stores in 2015, in partnership with Arvind Lifestyle Brand Limited. "The addition of this classic brand is a testament to our commitment towards providing the world’s most popular fashion brands that customers absolutely love to shop for. With this association, Amazon.in becomes the first e-commerce player to make Gap available across India’s 19,000 postcodes," said Arun Sirdeshmukh, head, Amazon Fashion India. With over two million fashion products, Amazon Fashion is amongst the largest fashion stores in India with selection across apparel, shoes, handbags, fashion and more. Since the start of 2017, Amazon Fashion launched iconic brands like Under Armour, Marks & Spencer, Mothercare, Michael Kors among others and its growing selection includes Aeropostale, Emporio Armani, Versus by Versace, Calvin Klein, Levi’s, Replay and many more. Amazon is constantly exploring new innovations in technology to enhance the customer experience online. In addition to providing customers with an intuitive search and browse experience, Amazon Fashion has further elevated the experience by allowing customers to shop seamlessly for their favourite brands using the ‘Top Brands’ filter and also recently launched ‘auto-exchange’ feature.
Source: Fibre2Fashion
The last time cotton imports touched a record high was in 2001-02 when they were 25 lakh bales. In the 2015-16 season, India had imported 20 lakh bales. From high moisture level to contamination and adulteration, Indian cotton faces a number of quality issues, forcing textile companies to depend on imports. India’s cotton imports have touched an all-time high of 30 lakh bales this season. The last time cotton imports touched a record high was in 2001-02 when they were 25 lakh bales. In the 2015-16 season, India had imported 20 lakh bales of cotton. Buoyed by the good prices this season, farmers are expected to plant 20% more cotton in the 2017-18 season. The market and international rates of cotton have almost been on par and most cotton mills, especially in south India, have found it feasible to import, MM Chokalingam, chairman and MD in charge, Cotton Corporation of India ( CCI) said. Cotton exports which were brisk at the start of the season touching 30 lakh bales, has become subdued with international rates coming on par with India, he added. Usually, there is a difference of 7 cents between domestic and international rates but with rates on par, the realisations from international cotton are higher, Chokalingam points out. From high moisture level to contamination and adulteration, Indian cotton faces a number of quality issues, forcing textile companies to depend on imports. Moreover, continued dollar inflow into the Indian market is seen to keep the rupee strong, which would encourage imports. Cotton rates in the domestic market are currently in the Rs 5,200-5,300 per quintal range. In the middle of the season, rates had breached the Rs 5,800-6,000 per quintal mark. According to Chokalingam, since January this year,imports have been more lucrative for cotton millers as the trash content in Australian and African cotton is barely 1% as compared to 3 % in Indian cotton because of which the realisations are higher. Moreover, international purchasing became more lucrative because of the strength of the Indian rupee as compared to the American dollar, he said. Imports from African countries work out cheaper for mills in south India, as opposed to purchases from traders in Gujarat, Rajasthan and Maharashtra at a premium, and the added transportation cost. According to industry experts, some of the farmers held onto their stocks in the middle of the season causing a dip in supply and mills, therefore, turned towards imports. Around 80% of cotton arrivals had come in by the end of April and the season has almost come to an end. Significantly, international cotton prices were in the range of 65-70 cents per pound in September-October last year, which is usually a lean season for India. Prices went up later due to demonetisation that caused a cash crunch. The situation saw a reversal in March, as cotton prices in the US hit an 18-month high of 79.8 cents a pound due to strong exports and on anticipation of a fall in global inventories in 2017-18. Arrivals currently are in the tune of 50,000 bales on a daily basis and around 310 lakh bales have already arrived in the market as against the total production estimates of 341 lakh bales. According to Pradeep Jain, a cotton ginner from Jalgaon, cotton imports have touched some 30 lakh bales this season because of attractive international prices while exports have been in the range of 20 lakh bales.
Source: The Financial Express
|
Item |
Price |
Unit |
Fluctuation |
Date |
|
PSF |
1049.95 |
USD/Ton |
0% |
5/11/2017 |
|
VSF |
2230.23 |
USD/Ton |
-0.32% |
5/11/2017 |
|
ASF |
2288.16 |
USD/Ton |
0% |
5/11/2017 |
|
Polyester POY |
1055.74 |
USD/Ton |
-0.14% |
5/11/2017 |
|
Nylon FDY |
2447.46 |
USD/Ton |
0% |
5/11/2017 |
|
40D Spandex |
5358.34 |
USD/Ton |
0% |
5/11/2017 |
|
Polyester DTY |
5792.80 |
USD/Ton |
0% |
5/11/2017 |
|
Nylon POY |
1332.34 |
USD/Ton |
0% |
5/11/2017 |
|
Acrylic Top 3D |
2302.64 |
USD/Ton |
0% |
5/11/2017 |
|
Polyester FDY |
2461.94 |
USD/Ton |
0% |
5/11/2017 |
|
Nylon DTY |
1288.90 |
USD/Ton |
0% |
5/11/2017 |
|
Viscose Long Filament |
2708.13 |
USD/Ton |
-1.58% |
5/11/2017 |
|
30S Spun Rayon Yarn |
2867.44 |
USD/Ton |
0% |
5/11/2017 |
|
32S Polyester Yarn |
1655.29 |
USD/Ton |
0% |
5/11/2017 |
|
45S T/C Yarn |
2679.17 |
USD/Ton |
0% |
5/11/2017 |
|
40S Rayon Yarn |
3012.26 |
USD/Ton |
0% |
5/11/2017 |
|
T/R Yarn 65/35 32S |
2331.60 |
USD/Ton |
0% |
5/11/2017 |
|
45S Polyester Yarn |
1810.25 |
USD/Ton |
0% |
5/11/2017 |
|
T/C Yarn 65/35 32S |
2244.71 |
USD/Ton |
0% |
5/11/2017 |
|
10S Denim Fabric |
1.35 |
USD/Meter |
0% |
5/11/2017 |
|
32S Twill Fabric |
0.85 |
USD/Meter |
0% |
5/11/2017 |
|
40S Combed Poplin |
1.17 |
USD/Meter |
0% |
5/11/2017 |
|
30S Rayon Fabric |
0.65 |
USD/Meter |
0% |
5/11/2017 |
|
45S T/C Fabric |
0.66 |
USD/Meter |
0% |
5/11/2017 |
Source: Global Textiles
Note: The above prices are Chinese Price (1 CNY = 0.14482 USD dtd. 11/05/2017) The prices given above are as quoted from Global Textiles.com. SRTEPC is not responsible for the correctness of the same.
WASHINGTON - Four U.S. textile trade associations – the National Council of Textile Organizations (NCTO), American Fiber Manufacturers Association (AFMA), Narrow Fabrics Institute (NFI), and United States Industrial Fabrics Institute (USIFI) – outlined causes of the $95 billion U.S. trade deficit in textiles and apparel and suggested remedial actions for the Trump administration to boost U.S. production and jobs in joint comments submitted to the U.S. Department of Commerce (DOC) on May 10, 2017. In addition, NCTO’s Upholstery Fabrics Committee (UFC) submitted a separate statement detailing the reasons for the U.S. trade deficit in upholstery fabrics, focusing on the imbalance with China particular. “A trade deficit study like this should have been initiated years ago,” said NCTO President and CEO Auggie Tantillo as he praised President Trump for ordering the review. “If America is to reverse its trade-related red ink and create more jobs, policymakers must have a better understanding of the policies and economic factors responsible for driving production offshore,” Tantillo added. The joint NCTO, AFMA, NFI, and USIFI comments as well as the separate UFC statement were submitted in response a notice for public comments issued by the DOC and the Office of the U.S. Trade Representative (USTR) pursuant to Executive Order 13786 signed by President Trump on March 31, 2017. The order directed those agencies to prepare an omnibus report on significant trade deficits. The Federal Register notice for public comments is at 82 FR 16721 and is dated April 5, 2017 (DOC 2017-0003). NCTO, AFMA, NFI, and USIFI also were signatories to comments submitted by the Manufacturers for Trade Enforcement (MTE) to DOC urging the United States to continue to treat the People’s Republic of China (PRC) as a nonmarket economy (NME) country under U.S. antidumping and countervailing duty law. “China’s widespread use of nonmarket economic activities is one of the biggest drivers of America’s trade deficit,” Tantillo said. DOC’s notice for the NME comments (ITA-2017-0002) was issued as part of the its less-than-fair-value investigationof certain aluminum foil imports from the PRC. For more information about the U.S. textile industry, please consult the 2017 State of the U.S. Textile Industryaddress delivered by 2016 NCTO Chairman Robert “Rob” H. Chapman, III at NCTO’s 14th Annual Meeting on March 23, 2017 at the Capital Hilton in Washington, DC. Chapman’s speech outlined (1) U.S. textile supply chain economic, employment and trade data as well as (2) the 2017 policy priorities of NCTO members. NCTO is a Washington, DC-based trade association that represents domestic textile manufacturers. U.S. employment in the textile supply chain was 565,000 in 2016. The value of shipments for U.S. textiles and apparel was $74.4 billion last year, a nearly 11% increase since 2009. U.S. exports of fiber, textiles and apparel were $26.3 billion in 2016. Capital expenditures for textile and apparel production totaled $2 billion in 2015, the last year for which data is available.
Source: Textile World
The Government of Mozambique, a country in southeastern Africa, has increased the minimum price paid to farmers by more than 50 per cent for the 2016-17 agricultural seasons. The minimum price has been raised based on a proposal presented by cotton Growers. For Mozambique, cotton is the third largest export earning commodity after coal and shrimps. For first-grade cotton, the minimum price has been increased from about 22.5 US cents per kilo to about 35 US cents per kilo, Mozambican media reported quoting Cabinet spokesperson Mouzinho Saide. Likewise, for second-grade cotton, the minimum price has now been raised from 16 US cents per kilo to 24 US cents per kilo, the reports said. Mozambique has set a target to increase cotton production to 200,000 tons by 2020, compared to the current output of around 70,000 tonnes a year.
Source: Fibre2Fashion
A Chinese textile company announced plans Wednesday to transform a former television factory in east Arkansas into its first North American facility, a $410 million project that's expected to create up to 800 new jobs in the struggling Mississippi Delta region. Shandong Ruyi Technology Group said it would begin renovating the 1.4 million-square-foot former Sanyo factory in Forrest City later this year into a facility where Arkansas cotton will be spun into yarn for textile use. The Sanyo factory has been vacant since late 2007, when the company shut down production. "This is not only great for Arkansas, but it's ... going to give an economic boost to a region that deserves it and has worked very hard for it," Gov. Asa Hutchinson said at a news conference with company officials at the state Capitol. Production is expected to begin at the new facility by mid-2018, and the company plans on processing more than 200,000 tons annually of Arkansas cotton. Arkansas is providing up to $4 million in cash incentives and $11 million in payroll rebates. The company will also receive sales tax refunds on building materials, taxable machinery and equipment associated with the project. The project is also receiving about $1 million in local incentives. "Our manufacturing facility in Arkansas will become the first milestone of Ruyi's steps into the United States," Yafu Qiu, the company's chairman, said in a statement. "We are dedicated to provide the product with cutting edge technology and superior quality." The plant is the fourth major economic development with a Chinese company Arkansas has announced since Hutchinson took office in 2015. Other projects include a $1 billion Sun Paper mill in south Arkansas and a $20 million garment factory in Little Rock. Hutchinson has visited China twice on trade missions since taking office. A state economic development spokesman said the new jobs will be created over the next four years, with about 480 expected in the first two years. The jobs are on average expected to pay $15.25 an hour. Local officials said the jobs will be a major boost for a region that has struggled economically for years and is still feeling the effects of the Sanyo plant's shuttering. "It's just a far reaching detriment to the community when you lose something of that size," Democratic state Rep. Reginald Murdock, whose district includes Forrest City, said. "This will be a major, major infusion bringing this back."
Source: nzherald.com
They condemned the Federal Government’s refusal to negotiate with the Nigeria Labour Congress (NLC) on the review of the minimum wage.
• Factional NLC leadership emerges in Nasarawa
• UITH pledges to pay doctors’ allowances
Members of the National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGTWN) have threatened to commence a nationwide strike.The union’s President, John Adaji and Secretary General, Issa Aremu disclosed this yesterday at a press conference in Kaduna. They condemned the Federal Government’s refusal to negotiate with the Nigeria Labour Congress (NLC) on the review of the minimum wage.The workers also urged government to resolve the disputes at the Pension Commission (PENCOM) and stop playing politics with the release of the Chibok schoolgirls. “We commend the Senate and the House of Representatives for their roles in facilitating the current issue of N18, 000 national minimum wage. But, the responsibility lies with President Muhammadu Buhari to implement.” Aremu explained that the minimum wage issue was about the rule of law.“The National Minimum Wage (Amendment) Act 2011, which offers the current N18, 000 was for a five-year cycle and due for review since 2015. The five-year time limit was to avoid a minimum wage stagnation and the attendant increases that follow.” Aremu, who is a National Executive Council (NEC) member of the NLC, explained that: “Labour has also observed that the termination of a tenured appointment flouts the provision of the Pension Reform Act 2014.” Meanwhile, the Nasarawa State chapter of the NLC has announced a new leadership of the union.The new Chairman, Bala Umaru, who announced the regime change at a press conference explained that the union removed Abdullahi Adeka over alleged gross compromise. Umaru said: “In the last three years of his leadership, the union did not achieve anything in its struggle due to his double standard.”The union threatened to begin an indefinite strike today, if the government fails to implement an earlier agreement to pay workers all the backlog of their salaries. But, the sacked chairman told newsmen that the decision to remove him in his absence was a nullity. He, however, said negotiations were ongoing with the state government in connection with the looming strike. Also, the state chapter of the Academic Staff Union of Secondary Schools (ASUSS) has asked Governor Tanko Al-Makura to sack the Commissioner for Education Mr. Tijani Ahmed or risks a strike. A statement by the Chairman, Gabrial Agbashi, said the commissioner was behind their unpaid wages.Meanwhile, the management of University of Ilorin Teaching Hospital (UITH) yesterday promised to pay the allowances of members of the Association of Residents Doctors (ARD).The hospital’s Chief Medical Director (CMD), Prof. A. W. O Olatinwo made the promise in a reaction to the three-day warning strike declared yesterday by the doctors.
Source: The Gurdian
Exhibitors from Belgium, India, Morocco, Pakistan, Taiwan and Turkey along with domestic suppliers from Haining, Yuhang, Shaoxing and Tongxiang will showcase their products at the Intertextile Shanghai Home Textiles, a four day event being held during August 23 -26, 2017 in Shanghai. The event will have featured product zones displaying range of products. Intertextile Shanghai Home Textiles - Autumn Edition is being organised by Messe Frankfurt (HK), the Sub-Council of Textile Industry and the China Home Textile Association. Top-end branded exhibitors including JAB, Yada and Euroart will be at the Editors Zone, while big names such as Enzo Degli Angiuoni, D Décor and Culp will gather in the Upholstery Zone. Fine products including sun protection, wall coverings, carpets and rugs and bedding and towelling demonstrated by leading international and domestic exhibitors round out the other product categories. The show also helps buyers access the finest suppliers of upstream designs and printing technologies. More than 20 worldwide textile design studios will be located at Intertextile Design Boutique, while the latest digital printing technology will be presented at the Digital Printing Zone by top brands like Digitex. Wendy Wen, senior general manager of Messe Frankfurt (HK) said that the prevalent whole-home trend in China would stimulate the market as a whole. “More and more companies are starting to promote the whole-home concept which emphasises unified styles of decoration throughout the entire home to customers. Compared to demonstrating home textile products separately, showcasing whole-home furnishing is more appealing to Chinese buyers and will encourage sales. The synergy among products, especially those between home textile products and furniture is the emerging trend at present,” said Wen. Chinese market is showing strong signs of rejuvenation. Not only will the estimated 10 million couples getting married every year contribute to the strong demand for home textiles products, but the ascending living standards resulting from increased urbanisation together with the flourishing hospitality industry are also driving forces for the market. Apart from the domestic market, the Chinese home textiles industry is also actively opening up new markets around the world, particularly in the ASEAN region where exports continue to increase.
Source: Fibre2Fashion
