India extended the imposition of antidumping duties against the products of nylon filament yarn from Indonesia to them because of administrative problems. Ministry of Commerce released the antidumping duty (BMAD) was for USS0.46 per kg to US $1.1 per kg, Besides Indonesia, other countries are also affected by BMAD of India on these products are China, Taiwan, Malaysia and Thailand.

The product was first imposed in 2006 BMAD and now extended to 2016. Since the imposed rules, the export volume of nylon filament yarn from Indonesia to India has decreased drastically, The investigation regarding the continuation of textile products iiudimulai BMAD on August 27, 2010 base request of the Association of Synthetic Fibre Industry, India. The investigation was announced by the directorate General of Anti-Dumping Alied Duties (DGAD) India on November 9 2011.

The new investigation results documents acceptable Embassy of the republic of Indonesia (Embassy) New Delhi on November 15 2011, So that the government rate is not enough time to respond, The Government of Indonesia since the early initation of the company’s continued support for co-operative and ask DGAD to grant an extension of time.” according to the ministry of Trade’s press release.

Ministry of Trade opportunities exporters from Indonesia who objected to the extension decision to bring a legal imposition of BMAD by filling an objection to that decision. The institution that could accommodate such objection is Customs Excise and Service Tax Tribunal Apellate. India is a market eksporurutan 11 for lilamen nylon yarn products from Indonesia, The period January –August 2011 total exports to India reached 4.5 mn tonne. As for the last year of 9.5 mn tonne.

Textiles Minister Anand Sharma informed that Rajya Sabha that centre has allocated 1,400 crore to set up 40 integrated textile parks in the 11th Five- Year Plan, In a written reply to the Rajya Sabha recently, Sharma added that out of the 40 parks sanctioned, seven have been completed and 14 have drawn 90 per cent of grants and 15 parks are in the progress.

The Mewar Integrated Textile Park, to be established at bilwara in Rajasthan, has been sanctioned on October 28 2011, with a total project cost of 112 crore,’ Sharma added. Looking to the successful implementation of the scheme and investor demand, the government has also sanctioned 21 new textile parks in the country. Out of these, 17 parks would commence implementation in December 2011.

Latest statistics of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) showed that during the first four months of the financial year of 2011/12 ( July-October 2011) , Bangladesh’s garment export to the US amounted to $1 .48 bn , a drop of $43 mn as compared with $1.63 bn in the same period of last year. This is mainly the result of decrease in orders for underwear.

Inface of economic recession and debt crisis respectively. Bangladesh’s two major export markets, the US and Europe, saw drop in retail sales of consumer products. Besides, the diminishing purchasing power of the US and Europe in apparel has further worsened the cotton yarn sector which was already on a low price level.

Bangladeshi industry professional suggested that the Bangladeshi government should proactively promote ‘duty-free’ and “tariff-free” for its garment exports to the US, in attempts to help expand the bilateral trade. Meanwhile, they expected that the forthcoming Christmas will be able to stimulate US consumers desire for shopping

According to a latest data, the US is forecasting another drop in global demand for cotton as ongoing economic uncertainty and a shift to man made alternatives continue to weigh on future purchases of the fiber, The US department of agriculture is forecasting that demand will drop by 2.6 per cent to 111.3 mn bales in the 2011/12 season, down on the previous projection of 114.3mn bales.

While there is set to be a surplus this year a number of brands are working to ensure future supplies through their membership of the Better Cotton Initiative. Brands like Levi Strauss and Marks and Spencer are working with their supply chains to promote more sustainable –grown cotton that provides a “middle way” for farmers who might not be able to implement more rigid schemes like Fair trade or organic certification programmes

The billabong Group received the Leader of Change award recently at the United Nations –Supported 2011 Global Conference for Social Change , where they were recognized as one of the the Leaders of Change. Billabong received this award in recognition of its action and steps to improve social and environmental outcomes throughout its business, Derek O’ Neill, CEO, Billabong accepted the award on be half of the company. The foundation aims to transform society to think and act on behalf of solving social problems. Other recipients of the 2011 award included Marks & Spencer.
Source:Apparel Online

After notching up, stupendous growth figures in the fiscal year ending June 2011, the Bangladesh clothing industry has set its sight on the Russian market. Brazil, along with Russia India and China (BRIC) a term coined by gold man Sachs in 2001, have been considered emerging Economics. The apparel sector has targeted US $2 billion in exports to Russia, which is Europe’s most populous country, in a bid to reduce overdependence on the markets of the US and EU, Currently, Russia meets most of its clothing imports from Turkey and China.

In the just concluded fiscal year, Bangladesh textile and clothing exports garnered $19 billion, up a stupendous 42 percent growth over the same period of the previous fiscal year, However, 85 percent of these exports are earmarked to just two regions; the 27-members EU and US, which makes it extremely susceptible to a possible downturn in these two developed economics.

He added by saying; A delegation from Bangladesh Knitwear Manufacturers Exporters Association will be first visiting in August , which will be followed up by another delegation in September , made up of official from the government as well as private sector.’

Informing about the challenges, he said, ‘There are some problems in the Russian market. Often it is difficult to open a LC with their banks. Secondly, we had a GST facility previously but, after sometimes, this GST facility was terminated by Russia, So we will enquire as to why the GST facility was terminated.’ Continuing he said,’ Customs is another problem because there are some rules in customs which are not feasible for us. We want these rules reframed and create a new system, for which too, our delegation will speak to the Russian.’

A bill has been introduced in the US Congress seeking extension of the current African Growth and Opportunity Act (AGOA) regulations on third country fabric till 2015. The clause of third country fabric in the AGOA is scheduled to expire in September 2012. If the bill is passed, it would largely benefit the garment export sector of AGOA beneficiary African countries. The bill acquires urgency as major international buyers generally plan their sourcing at least six to twelve months in advance. From the US perspective, the proposed legislation is not very significant as garments from African countries form only a small fraction of the overall US apparel imports. But, the provision is an important lifeline for garment exporters from countries like Kenya and Lesotho. Hence, at the recent AGOA meeting held in Lusaka.. the African Clothing and Textile Industries Federation (ACTIF) and other AGOA countries had asked for the extension of third countries clause, The proposed legislation also seeks to include the newly independent Republic of South Sudan in the list of AGOA –eligible countries.

India has rich experience in textile, an area which has recently started developing Azerbaijan. Hence, we would like to attract investment from India in this sector.’ said Huseyn Pashayev, Deputy Head, Department of Business Development Policy, and Azerbaijan’s Ministry of Economics Development ,while addressing a Business Forum’ Investment & Doing Business in India in Baku.

Debnat shaw, India’s Ambassador to Azerbaijan responded by saying that his country would like to increase exports of traditional Indian items, including clothing. He added that Indian exports of finished products and engineering goods to Azerbaijan have risen recently and the country looks forward to enhanced economics cooperation between both countries, with Indian entrepreneurs investing in Azerbaijan and vice versa.

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