| India : Integrated textile parks to fetch Rs 37 billion export revenue (December 22, 10)|
Union Minister for Textiles, Dayanidhi Maran, while speaking at the inaugural ceremony of the Madurai integrated textile park at Thathampatti near Chennai, recently stated that the eight textile parks (ITPs) intended to be set up in the state of Tamil Nadu at a cost of Rs 21 billion, are expected to generate export revenues worth Rs 37 billion.
| Pakistan : Minister opposes duty on yarn export (December 22, 10)|
Federal Minister for Commerce Makhdoom Amin Fahim has said there should be no duty on cotton yarn export and he personally opposes it.
| India : Govt to allow export of 2.5 million bales of unshipped cotton (December 22, 10)|
The government would allow export of 2.5 million bales of unshipped cotton out of the 5.5 million bales permitted till December 15, Commerce and Industry Minister Anand Sharma said today.
| India : TEA appreciates WRAP Awareness Program (December 21, 10)|
Bureau Veritas Consumer Products Services has successfully organized a WRAP Awareness Program for the Tirupur Manufacturers. The seminar is jointly organized by Bureau Veritas and WRAP in Apparel Hub city Tirupur, India on December 13, 2010 at TEA HALL, No. 62, Appachi Nagar Main Road, Kongu Nagar, Tirupur.
| India : Polyester yarn prices expected to plunge further (December 21, 10)|
The spinners have already lowered the yarn prices by around Rs 8 per kilogram in the last few days apprehending the possibility of imposition of a ceiling on polyester yarn exports by the Textile Ministry of India as has been appealed by a big textile body in order to make the yarn prices steady in the local market.
| India : Cotton production may miss estimate on untimely rain (December 21, 10)|
Output may be around 35 mn bales, 2.7% less than the Nov estimate.