Untitled Document
Issue dated - 14th Aug. 2003
Cover Story Quote of the Week

Maharashtra adopts sluggish approach to TMC modernisation process
Even though Maharashtra is one of the largest producers of cotton in the country, the state cotton community has failed to respond satisfactorily to the ongoing Technology Mission on Cotton (TMC) for the development of market yard and modernisation of ginning and pressing (G&P) factories. Arbind Gupta reports.

Lenpur fibre is here in India
Volleyball players are smiling. After several hours of hard training, their feet are still dry, keeping an ideal temperature even during the most intense training.


I want to be the big American brand, to remain relevant to a broad public.
- Tommy Hilfiger, owner of the brand on why it was necessary to hire a new president and CEO for the group.


News at a Glance
<Foreign Trade>
-
‘Backlash’ possible if tariff barriers not removed: US
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FIEO to organise buyer-seller meet at Riyadh, Dammam & Jeddah
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Indo-Thailand FTA to boost bilateral trade
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Barrier to free market access is against WTO spirits: PHDCCI

<Corporate Update>
- Bright economic outlook projection boosts market sentiment
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Group’s Q1 cash, net profits more than that of Tata, A V Birla groups combined
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International Results

<Yarns & Fibres>
- Super Fine, Medium Coarse witness downslides
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Polyester prices are rebounding in China
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Africa’s offensive against US cotton subsidies

<Fabrics & Garments>
- FIASWI urges government to expedite powerloom modernisation process
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Tex ministry plans conference with various ministries to sort out industry problems

<Tex Trade Monitor>
- RIL hikes polyester, fibre variants prices in August
Reliance Industries (RIL) has raised the prices of polyester and fibre intermediates by over three cent for the month of August as compared to July.

<Fashion Folio>
- TENCEL joins hands with Pantaloons for new RTW collection
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Oobe’s winter collection at NGF

<Edit>
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Special package for powerloom

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PSF exporters to drag Turkey to WTO over dumping duty

<Oped>
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Manmade fibre industry creating new production records
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WOOLTEXPRO to decide on market promotion activities
- Textiles sector tops ICICI Bank’s net bad loans list in 2002-03

<Last Word>
- Registrations for ITMA Forum crosses the 300 mark
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Textiles ministry to move SC against Calcutta HC order on JPMA dilution
<Trends/Events>
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Yarn Expo to be part of the inaugural Beijing Textile Arena 2004
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Pearl Academy and London College of Fashion launch fashion media make up programme, first time in India
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BULLETIN BOARD
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This Week
EDIT
Special package for powerloom
The new textile minister has rightly evinced a very keen interest in the development of powerlooms by announcing a special relief package.


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