India’s coir exports create new record in 2012-13

May 22, 2013 (India) Beating all previous records, India exported Rs. 11.16 billion worth of coir and coir products in 2012-13, which is a 6 percent or Rs. 640 million more than previous fiscal’s exports of Rs. 10.52 billion, Coir Board Chairman G Balachandran has said.   According to a Board press release, India’s coir exports grew by five percent in volume from 410,854 tons in 2011-12 to 429,500 tons in 2012-13.   Exports...

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India’s textile exports may grow 15% in 2013-14

May 21, 2013 (India) India’s textile exports for the current fiscal year 2013-14 are likely to grow by 15 percent over last year, Minister of State for Textiles Panabaaka Lakshmi has said.   During the first eleven months of last fiscal year, India exported textiles worth US$ 22.25 billion, registering a dip of 4.1 percent, owing to slow demand from Western markets.   Inaugurating a six-day long exhibition ‘Shilpangan’ in New Delhi, the Minister expressed hope that the performance of the country’s textile sector...

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India's 2012-13 cotton exports to exceed estimates: USDA

May 17, 2013 (India) India’s cotton exports for the 2012-13 marketing year ending in July are likely to surpass the earlier estimates of 7.2 million bales of 170 kg each, a recent report of the US Department of Agriculture (USDA) says.   The report pegs India’s cotton exports at 9.2 million bales during the ongoing marketing season, which would, however, be 34 percent lower than last year’s exports of 14.17 million bales.   By April end, India’s cotton export registrations had reached 8.9 million bales, while...

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Realty turns gold in Surat's old city

SURAT: The narrow by-lanes of Salabatpura in Surat's walled city are leading to gold mines for its residents! House owners in this area are making a killing by selling their properties to businessmen, who are willing to pay a premium so that they can remain close to the area that houses the country's biggest wholesale textile market on the Ring Road. No wonder then that real estate prices here have gone through the roof. In fact, buyers have to shell out nearly Rs 3 lakh per square yard here, which is almost double than the prices...

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Surat fourth fastest growing city in world

SURAT: The diamond city's glitter has been noticed by the world. Surat ranks fourth in a global study of fastest developing cities conducted by The City Mayors Foundation, an international think tank on urban affairs. Ghaziabad stands at number two after Beihai in Southern China, which has the stupendous average annual growth rate of 10.58 per cent for 2006 to 2020. Ghaziabad's growth rate is given as 5.20 per cent. The City Mayors Foundation went by assumed annual growth rates for cities and urban areas between 2006 and 2020 based on...

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Exports of Surti fabric to Pakistan surpasses US, Saudi Arabia

SURAT : Pakistanis are fast lapping up saris and dress materials bearing 'Made In Surat' tag! For the first time, Pakistan has become the biggest importer of man-made fabric (MMF) from Surat, surpassing even the US and Saudi Arabia. The textile ministry's figures show that man-made fabric and yarn export to Pakistan increased by 30 per cent in 2012-13 and touched Rs 21 crore, as compared to Rs 16 crore in the previous year. The exports to US and Saudi Arabia, in fact, fell year-over-year. Industry sources said that Surti traders exported...

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Mimaki Dye Sublimation Printer

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