Professional Documents
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PLG/67/2021-2023 Pages 06
COVID – 19
WORLD INDIA USA
215,362,504 4,485,543 32,602,325 436,889 39,296,231 650,906
UPDATE Total Cases Total Deaths Total Cases Total Deaths Total Cases Total Deaths
NSE (26 August 2021) - Reliance 2,230.45 27.85 (+1.26%) Welspun India 127.00 0.60 (-0.47%) Raymond 395.20 5.35 (-1.34%) For More Turn to Page 02
Samarth Training
NITMA lauds recommendation to impose ADD Centres benefitted
on PSY, Pleads for Expeditious Notification0 1,565 artisans
New Delhi: In order
to meet the skill gap in the
online meetings. Also, members of being cleared @ zero duty. consequence of which most of
NITMA & many other producers of
industry, Ministry of Textiles is
Following is the country- the units have become NPAs &
PSY throughout the country have wise data on import of Virgin the rest are on the verge of being implementing Samarth Scheme
had to carry out an immensely Polyester spun yarn from 2015- declared as NPAs. for Capacity Building in Textile
meticulous exercise, amidst the 2020, which explains that there He also added that out of Sector.
pandemic, of collecting data is an urgent need for notifying the total producers of PSY in The objective of the scheme
from one of the most fragmented imposition of ADD on Polyester India, only a handful of them are is to provide demand driven,
domestic industry consisting Spun Yarn: doing well & the majority of them placement oriented skilling
of more than 500 entities, so Following points can be have been in dire straits due programmes to supplement
that the facts can be presented drawn from the above data : to underutilization of their units the efforts of the industry in
before the designated authority & . Imports of Virgin Polyester owing to lack of demand. creating employment in textile
eventually DGTRs’ final findings , Import data (tons) for Virgin PSY from 2015-2020 from 4 countries and related sectors, covering
vide its notification dt. 19.08.2021, the entire value chain of textiles,
is a testimony to what NITMA excluding Spinning and Weaving
members have been stressing in organized sector.
Mumbai: Shri Sanjay Garg, upon for so long. The Ministry of Textiles
President NITMA is extremely He then shared the primary adopted 65 clusters for overall
appreciative of the Hon’ble factors why the situation of the development of artisans in a
Minister for Commerce & Industry, PSY producers is currently so time bound manner by ensuring
Shri Piyush Goyal Ji & DGTR grave: self-sustainment of the artisans
for their recommendation to • The anomaly in the of these clusters.
impose ADD on PSY, originating FTA agreement with Indonesia The need-based
in or exported from China PR, & Vietnam: The HS code under interventions are being
Indonesia and Vietnam and which PSY falls (HS-55092100) implemented for benefiting
above all, to the dynamic vision is included in the ASEAN FTA Source: Volza, as only HS code wise data is available on DGCIS website & PSY the artisans of these adopted
& leadership of the Hon’ble PM & hence cleared @ ZERO duty is a subset of the HS 55092100 *2020/21 is for data from 1st August 2020 to 31st clusters.
Shri Narendra Modi Ji. with the ASEAN certificate. While July, 2021 & omits the 7 month data from January to July During which all economic The upskilling of the
He then touched upon slew the Yarn is cleared zero duty, its activity came to a standstill due to Covid Pandemic handicrafts artisans in these
of measures & decisions taken by immediate raw material Polyester
Govt. to actuate the expansion of Spun Yarn have increased by While summarising the adopted clusters are being done
Staple Fibre HS code 55032000 943% from 2015 to 2020/21. entire scenario, Shri Sanjay Garg through providing technical
Indian Industry, Textile & clothing is not included in the FTA & hence
industry in particular, mentioning Imports from Vietnam alone have again expressed his sincerest and soft skill trainings under
cleared @ full duty rate of 5.5% increased by mammoth 8,835%, gratitude towards the authority SAMARTH scheme to enable
the following: since it is not included in the list.
. Recently announced that is, 88 times. for testifying the facts & figures sustainable livelihood either by
This has denied a level playing . Imports for 2020/21 submitted by the domestic wage or self-employment.
RoDTEP scheme for exporters field for the Indian Spinning Mills
covering entire textile value chain. are 60,810 tons out of the total industry & at the same time The government has
as compared to their counterparts domestic consumption of 264,000 he humbly appealed to Smt. established 65 handicrafts
.Encouraging MMF in Indonesia & Vietnam & makes
segment via PLI scheme tons which means that imports Nirmala Sitharaman Ji, the training centers in the adopted
it impossible for the domestic enjoy 23% of the total market Hon’ble Minister for Finance, to
. Removal of ADD on clusters for providing technical
industry to compete with the share & this trend has been notify the same at the earliest,
Viscose Staple Fibre (VSF) training in the NSQF aligned
dumped & zero duty imports. increasing with great speed. as any amount of delay now
. Revoking ADD on PTA Handicrafts courses.
• Removal of safeguard . Import numbers have been may well push the domestic
which is the primary raw material against imports with the The attendance of the
for Polyester Staple Fibre (PSF) rising substantially year after year synthetic industry beyond revival artisans is being monitored
introduction of GST: Surge due to dumping by Indonesian, jeopardizing massive employment
. Setting up of Seven in import has been happening through Aadhar Authenticated
Mega Textile parks under MITRA Vietnamese & Chinese spinners associated with it. Biometric Attendance System
post- GST, as the excise duty as well as due to the clearance at He concluded his statement
scheme on imported PSY negated the and the wage compensation
. Extension of RoSCTL zero duty under the ASEAN FTA. on a cheerful note by asserting a to successful trained artisans
advantage that they enjoyed due Shri Aman Gupta , Vice sturdy conviction that the present
scheme, for Garments & Made- to the FTA. transferred directly to their bank
ups, upto 31.03.2024 President of NITMA stated government has got everything
This was because domestic account.
Shri Garg further added painstakingly that as a result of it takes to nurture, strengthen &
yarn was exempt from excise. First batch in each 63
that all of the above steps will the above, the Synthetic segment restore the domestic industry in
Post-GST, with the removal of training centers have been
provide India’s textile industry an of India’s textile sector has been order to accomplish the mission
excise and SAD, polyester yarn is devastated operationally as a “Aatmanirbhar Bharat”. completed successfully
opportunity to attain unparalleled benefitting 1,565 artisans. The
success. Moving back to the ADD second batch will also complete
on PSY, Shri Siddharth Khanna , Jharkhand to launch Industrial & Investment Promotion Policy during the month of August 2021
MD of Arisudana Industries Ltd. benefiting 1,421 artisans.
,Ludhiana & Head of NITMA’s Mumbai: Chief minister Hemant Soren will launch the Jharkhand Industrial and Investment Promotion
Policy (JIIPP) 2021 at the August 27-28 investor’s meet in New Delhi to revive business opportunities and A d d i t i o n a l l y, 6 5 n e w
MMF chapter, shared briefly handicrafts training centers are
that in pursuit of the same, transform the state’s image from a mines and minerals state to one full of opportunities across sectors. The
state looks forward to opportunities in several fields, including textile and apparel. The aim is to attract an being established to scale up
NITMA members made several the training program so that the
representations to all the pertinent investment of up to ₹1,00,000 crore through the policy. Soren reportedly envisions establishing the state
as one of the first and foremost investment destinations in India. Jharkhand is one of the largest producers maximum number of artisans can
authorities coupled with offline & be benefitted.
of tasar silk in India and the second largest producer of horticulture crops.
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Libas Consumer 63.30 0.88 76.40 27.25 93.05
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who carried out research under Nobel Technologically sound, Wellknown, is the
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where vaccines are not yet available for
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it is important to consider safety measures equipped with the latest Oerlikon Barmag
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like wearing face masks and practicing technology for Continuous Polymerization
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China's Retail
Sales in July’21
China: China's retail sales value of
consumer goods totaled 3.4925 trillion
Yuan in Jul 2021, up 8.5% year on year. Of
E-Paper
the total, retail sales of garments, footwear,
Exporoots
Waste, which is using for Textile sector was worth $23.09 million in the last
Department of Maharashtra and Central five years and is growing as the latter steps
Government). TUF Scheme only for industry (Rotor Spinning) that’s count
10 Ne to 30 Ne. We also Export up efforts to quadruple exports of handloom
Textile New Machinery. textiles in the next three years.
Break Comber and Import Fabric
We offer cute and trendy Kurtis, The UAE topped the list of investors
For Enquiry Contact us: clips. Our moto is quality product and
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the ordinary. A line of Spectacular
(Mr. Gaurav Nimbalkar) second and third places respectively.
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ATA, GMTA, AMIE, MBA
(Mrs. Paromjeet Kaur) Proprietor gauravnimbalkar2294@gmail.com The Government has released funds worth
(Textile Chartered Engineer) ₹1.25 billion for eight Centres of Excellence
Phone No.: +91-(0) 8369778542
Email : info@exporoots.com Thane, India in textile research across India.
Phone No.: +91-(0) 9530903422
Mumbai, India
Mr. Deepak Nagpal (Resume)
(0) 9306034449
BTMA appoints New CEO
ADORN BY SAKINA I have 17 years of Experience
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Mumbai: The British Textile Machinery
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in Channel Trade & Modern Trade in Jason Kent as the chief executive officer
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DBL Group to Jack revenues in H1 ’21 within the secondhand space, thereby revenue from bio-valorisation segment
extending the life span of their clothes. in the H1 FY21 improved marginally by 3
Mumbai: Jack Sewing Machine Co., Urban Outfitters brand is known for per cent to €297.4 million (€287.6 million).
setup 10 Units During the period, the company has
Ltd. has stood tall in its H1 ’21 revenues. women’s and men’s fashion apparels,
footwear and beauty products, besides
The group's adjusted EBITDA for the first
half climbed 21 per cent to €236.0 million
Bangladesh: DBLGroup will invest achieved operating income of US $ 520.15 others. It operates in the US, the UK, the (€195.5 million), while profit for the period
$650 million in three years to set up 10 million, noting a year-on-year increase of UAE, France, Germany and Italy, amongst expanded 62 per cent to €117.3 million
manufacturing units for textiles, ceramics 105.20 per cent. others. It generated US $ 3.9 billion in 2019. (€72.6 million).
and sanitary ware at the Sreehatta The net profit of Jack valued US
Economic Zone in Moulvibazar,
The state-run zone has received $1.5
$ 39.54 million across product portfolio
(sewing machines, cutting machines, Shanghai's Garments Import from EU
billion in investment proposals till now. hanger system, sewing equipment, etc.),
DBL would begin the construction which is 206.47 per cent higher than the China: Shanghai witnessed were worth 13.47 billion yuan ($2.07
of a spinning mill this month. Twenty eight profit recorded in H1 ’20. nearly double growth in import of billion) from January to July, rising by
economic zones, including 14 state-owned, According to Jack, the growth garments and accessories from the 99.9 per cent year on year, and nearly
are operational. The industrial park of the has been registered mainly due to the European Union (EU) in the first seven two times the export volume during
group is expected to generate $500 million rapid revival in consumer demand from months of this year. Such imports the same period, which logged 7.04
in revenues annually. developed economies such as Europe and billion yuan.
The park will also have a polyester
recycling unit as well to produce staple
the United States.
The company has made a strategic
Fabletics steps In the first seven months,
Shanghai's import of leather and fur
fibre as a raw material for spinning factories
with a targeted production capacity of 18
and production capacity layout in advance
to seize textiles, clothing, shoes, hats, into loungewear products from the EU totaled 11.2
billion yuan, surging by 94.8 per cent
tonnes per day. bags, furniture, toys, etc. year on year.
Mumbai: Fabletics has introduced
a new loungewear category. The new In that duration, Shanghai's trade
Crystal International’s unveiled its New Jeans Collection category will debut with the launch of a
17-piece collection on September 1, which
volume with France and Italy reached
61.21 billion yuan and 60.02 billion
Mumbai: Crystal International Group the foundation’s Jeans Redesign project. comprises sets, coordinates, separates yuan respectively, growing by 39.1 per
Limited has officially unveiled the new The new Jeans Redesign Collection and robes across seven color choices. cent and 49.5 per cent year on year.
Jeans Redesign Collection in the market aligns with the Jeans Redesign Guidelines Materials include natural cotton, Shanghai's trade volume with EU,
which is a result of its collaboration with developed by 80 denim experts, an Spandex and fleece knit from recycled Shanghai's biggest trading partner, hit
Ellen MacArthur Foundation. industry-wide effort to provide minimum fibers. According to a recent report by 451.58 billion yuan in the first seven
The partnership with the foundation requirements on garment durability, Market Research Future, the loungewear months, growing by 26 per cent year
was weaved up in August ’20 – exactly a material health, recyclability and market is estimated to be worth 9.98 billion on year and accounting for 20.4 per
year ago, to scale up denim circularity in traceability. dollars by 2027. cent of the city’s total foreign trade.