Untitled Document
Issue dated - 5th June. 2003

Cover Story Quote of the Week

Tirupur water project to benefit processing industry
Tirupur, the knitwear city of India, has emerged the largest exporter of knitwear from the country. However, even as the town is registering significant growth in exports, lack of infrastructure has been holding back the full potential of Tirupur.


In order to bring back the old status of commodities futures in India, there is need for transparency.
- P H Ravikumar, National Commodities and Derivatives Exchange MD and CEO, commenting on how to make India a better futures trading country.


News at a Glance
<Dyes & Chemicals>
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Europeans look at ‘Begin-of-pipe’ approach to eco norms
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Results
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Cotton finishing keeps textiles in shape
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‘Post-2004 is a driving force for industry to put its act together’

<Corporate Update>
- Textile stocks continue to gain ground on improved sentiment
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Yash group: Rapidly expanding customer base
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Grasim may close down staple fibre plant by this month end
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International Results

<Foreign Trade>
- US expresses concern over trade imbalance with India
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‘Made in India’ show in Colombo
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Pak should accord MFN status to India
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B’desh for experimental free trade with India
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Kazakhstan seeks Indian investment
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Cii update

<Fabrics & Garments>
- DyStar introduces 10 new acid dye inks for Piezo printing
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Indian garment firm restrained from using Intel’s brand name
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Textiles ministry rules out creating revolving fund for JCI
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Krislon ties up with Italian design service company
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Garment exporters write to FM on excise registration
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No MDA for individual exporters

<Tex Trade Monitor>
- ‘No economy can insulate itself from globalisation’
As globalisation progresses no economy in the world can function on its own or insulate itself from the sweeping economic changes that are taking place, Union labour minister, Mr Sahib Singh said here recently.

<Energy conservation>
- Raymond plans captive power generation at Yavatmal denim plant
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Savings of 8-10 per cent possible with redesigned units

<Edit>
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Better days ahead

EDIT ARTICLE
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Bt technology: What does it hold for India? - I
Tex Talk
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Challenges before Mr Hussain

<Oped>
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A mission approach is required to infuse efficinecy in the system
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How Turkey has built up its competitive textile industry

<Last Word>
- Pearl Academy of fashion opens its doors in the Emirate of Sharjah
Envisaging the growing high-fashion industry in Dubai and Sharjah, Pearl Academy of Fashion (PAF), in association with the promoters of Indian School, Ajman has launched Pearl Design Centre in Sharjah to provide aspiring fashion designers in the UAE with an 18 month intensive, practical and industry-oriented programme in fashion.
<Trends/Events>
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Garment Technology Expo2004: India’s most comprehensive apparel production technology exhibition
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Strong rebound in world weaving machinery investments
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Intertextile Shanghai gets great results. Be there !
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BULLETIN BOARD

<Launch Pad>
- Pepe’s summer collection
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OOBE opens exclusive store in Thane
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Zodiac launches latest trouser collection 2003

<Yarns & Fibres>
- Super Fine, Medium Coarse remain steady
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Fibre year 2002 - Demand for fibres at record level

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This Week
EDIT
Better days ahead
The recent rally in textile counters was overdue for some time now. The domestic industry is certainly turning around, if one goes by the financial performance of textile companies for the fiscal ended March 2003.


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Untitled Document

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