Restore silk yarn import duty to 30% - Indian Minister

The Union Finance Minister and the Minister of Commerce and Industry and Textiles have been urged to reinstate the import duty on silk yarn to the earlier 30 percent from the prevailing five percent, at the earliest.

The demand has been put forward by Corporate Affairs Minister M Verappa Moily, who also sought of the Centre to announce a special package of three billion rupees for sericulture industry.

The Minister said reduction in import duty in the last Budget has raised the concerns of the sericulture farmers and reelers in Karnataka. This is because import duty cut has caused the silk yarn prices to plummet from Rs. 400 per kg to Rs. 150 per kg, and the prices have not increased even after 11 months of the move, he added.

The Centre’s decision to reduce import duty on silk yarn to five percent is being protested against by the Karnataka sericulture farmers ever since the prices started to drop.

Around 80 percent of the total silk production in Karnataka takes place in Kolar, Mysore, Chikkaballapur and Chamrajnagar districts. Sericulture farmers in these areas are quite agitated as the duty cut has resulted in a considerable fall in their earnings.

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Maharashtra expects 1.1mn new jobs from new textile policy

In a bid to provide a boost to the textile sector in the state, the Government Maharashtra announced a new Maharashtra Textile Policy 2011-2017 recently and expects the policy to generate 1.1 million new jobs in the state.

The policy envisages attracting investments of Rs 400 billion in the value-chain across the whole textile processing industry in a bid to add value to the 4.5 million bales produced in the state in the next five years.

The salient features of the policy are –

I) For Co-operative Spinning Mills:
A) Financial help to co-operative mills in Vidarbha / Marathwada and North Maharashtra will be continued as per the existing pattern.
B) Financial help as per the existing rules will not be provided to set-up new cooperative mills in those talukas where government has already helped co-operative mills in the form of share capital.

2. For Powerloom/Warping/Weaving/Sizing/Dyeing /Printing/Garmenting/Knitting units, etc:
A) As per the availability of funds, Co-operative Projects of Shuttle-less
Looms/Warping/Sizing/Yarn Dyeing/Dyeing/Processing/Garmenting etc. will be given consideration for financial help as per the existing pattern.
B) Plan for starting financial help, by way of seed capital, government share capital and loan under pattern 5:45:50 instead of pattern 10:40:50 for powerloom units of Scheduled Caste, Scheduled Tribes and Minorities will be drawn with consultation of respective department. Independent decision will be taken accordingly. For this 5% additional amount will be provided from the fixed expenses of the concerned department.

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Mélange Yarn - The History of Yarn Manufacturing

History of yarn manufacturing draws our attention to the earliest days of the 19^th century, when practically this was made possible by Ring Spinning. After this many developments have been made in terms of technology and improved process techniques have been adopted for the most efficient and convenient method of yarn manufacturing. So, what in fact the yarn is? "Yarn is a long continuous length of interlockedfibers, which may be used in various applications depending upon the intended end use.

There may be variety of yarns depending upon the manufacturing process for instance spun yarn, twist less yarn, fancy yarn, slub yarn, mélange yarn (Dyed yarn) and so on.

Indians were the pioneers in making the mélange yarn for the first time in 1980s. It may be defined as "the yarn produced by the combination of at least two or more than two fibers". Conventionally, the term mélange is used for such yarns which are produced by the combination of two fibers (whether of same type but different in color or type of fiber used is different). Further more, mélange yarn can be classified into two of its very basic types:

• Blended Mélange Yarn
• Non-Blended Mélange Yarn

For More Information Visit here: Mélange Yarn at Fibre2fashion.com

MAG Solvics unveils four new yarn testing machines

MAG Solvics Pvt Ltd - an ISO 9001:2008 certified company, a market leader and the only manufacturer in India to provide textile testing equipments for testing fibre, yarn & fabric all under one roof, has recently introduced four new yarn testing equipments in the Indian market.

MAG Solvics follows major global standards like ISO, AATCC, ASTM, BS, IS, SDC, IWS, IWTO and ITF, which are comparable with any international norms.

Among these four new testing equipments, one is the improvised version of the MAG AutoWrap XT - Automatic Wrap Reel for accurate measurement of Yarn Count and Lea Strength.

MAG introduced the improved version of Wrap Reel with the basic objective to generate precise skein length and ensure maintenance-free operation. It produces precisely 1.5 yards or 1 metre girth length to evaluate various count systems. This is achieved by the micro-controller based automation with the possibility for the selection of quarter lea, half lea and full lea.

This equipment is constructed with the latest engineering components for easy and maintenance free operation. Added features are the ergonomic design and patented stainless steel reel construction for high accuracy testing. It incorporates ceramic trap guides to avoid yarn friction in spreader loop reeling arrangement and includes collapsible swift for easy lea removal. A specially designed cop stand with adjustable tensioner fulfills the entire need of the lea preparation.

For more details please visit : MAG Solvics unveils four new yarn testing machines @ Fibre2fashion

Yarn producer Spinrite to boost Beaufort’s textile sector

Gov. Bev Perdue announced that Spinrite Services LLC, a manufacturer of craft yarns, will locate a facility in Beaufort County. The company plans to create 90 jobs and invest $9.1 million over the next three years in Washington. The project was made possible in part by an $180,000 grant from the One North Carolina Fund.

“Creating jobs is my top priority,” Gov. Perdue said. “Spinrite’s expansion is the result of our top-ranked education and workforce training programs and highlights why we need to fund them. Those programs are an essential ingredient in our nationally acclaimed business climate that attracts companies like Spinrite and enables them to thrive.”

Spinrite Limited Partnership, based in Listowel, Ontario, is a wholly-owned subsidiary of Spinrite Acquisition Corp. Spinrite is a leading manufacturer and marketer of craft yarns sold throughout North America. The company has a diverse hand-knitting product line sold under its Bernat, Patons, Lily Sugar n’ Cream, Peaches and Crème, and Phentex brands.

Spinrite acquired certain assets, including the Washington facility, from Caron International, Inc in 2011. Workers who were laid off following that acquisition will have an opportunity to apply for new positions with Spinrite.

Salaries will vary by job function, but the total payroll for the new jobs will exceed $2 million.

“We are very excited about our new opportunity in North Carolina,” said Ryan Newell, President of Spinrite Limited Partnership. “The talented workforce in Beaufort County will provide an excellent foundation for further expansion and growth of our business. The One North Carolina Fund incentives were a key component in our decision to choose Washington over other alternatives.”

For more details please visit: Yarn producer Spinrite to boost Beaufort’s textile sector @ Fibre2fashion

Pak textile bodies seek ban on cotton & yarn exports

Several textile associations in Pakistan have urged the Government to either ban raw cotton and coarse yarn exports from the country or levy a 15 percent duty on their exports, so as to safeguard the domestic textile industry against rising cost of doing business and competition.

All Pakistan Textile Mills Association’s (APTMA) representative Yasin Siddik, Pakistan Apparel Forum’s (PAF) Jawed Bilwani, Pakistan Towel Manufacturers Association’s (PTMA) Feroze Azam and Karachi Cotton Association’s (KCA) Shakeel Ahmad made the plea, while highlighting the continuous decline in exports of value-added textile items from the country.

The associations noted that cost of doing business for the value-added textile industry has increased, as exports have led to shortage of raw cotton, cotton yarn and polyester fibre, the basic raw materials used by the domestic value-added textile industry.

Hence, the textile bodies demanded that the Government introduce a levy of 15 percent duty on export of raw cotton and coarse yarn or ban exports of the same.

Mr. Ahmad said that even while retaining high-quality, Pakistan’s cotton and coarse yarn are still cheaper than those from other countries. He added that the Government is acting biased towards the ginning sector and it is neglecting the interests of the country’s biggest employment and foreign exchange generating value-added textile industry.

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USDA revises global cotton output estimates

Global cotton production is expected to be 122.84 million bales (1 bale = 480 pounds) in 2011-12, less than 123.42 million bales estimated in the December report released by the US Department of Agriculture (USDA).

According to the January report of the USDA, world beginning cotton stocks are expected to be 45.35 million bales in 2011-12, lower than 45.49 million bales in its previous month estimate.

Global cotton imports are expected to be 36.51 million bales, lower than 36.55 million bales in its December report and cotton use is expected to be 109.99 million bales, smaller than 111.34 million bales given in its last report.

Worldwide exports are anticipated to reach 36.52 million bales, against 36.57 million bales and global ending stocks are projected to be 58.35 million bales, larger than 57.67 million bales from its December report.

For more details please visit : USDA revises global cotton output estimates @ Fibre2fashion