Tirupur fabric supplier

Tirupur has two kinds of fabric supplier, one is who makes fabric for your requirements and the another has stock fabric where you can find fabric for your requirement. The later supplier who get the surplus fabric from the exporter and keeps stock and price of the same is also less but who make the fabric for your requirement is costly but gives you what you are looking for.

Are you looking for a fabric supplier in Tirupur, If you are new and need some help in finding a right fabric supplier we are ready to help you out. Send your requirements to us by email we will get back to you with a list of supplier with who you can directly contact for further information's. pls write us at nmayilsamy@gmail.com

Read More

11:59 PM | 0 comments

Olympics has hit Indian Textiles

The soaring yarn price and dying rate has almost made surat weaving mills to a stand still position. Chinese government has asked many of it's dyes manufacturing units to stop production in order to provide a less polluted environment for Olympics. This has made the textile chemicals to cost more by atleast 25%. This increase in the cost of dyes has been passed on to the textile manufacturers  and exporters. In Tirupur the dyeing units are already facing pollution problem and government has reduced the Dyeing factories capacity to reduce the pollution. The capacity reduction has made the dyeing prices to increase. With the already increased price the increased dyes rate is also added. In Tirupur orders are very less due pricing.

Read More

9:57 PM | 0 comments

Vietnam to become second largest exporter of Textiles to USA

Vietnam has been in the top five exporters of textile and garment to the US for the past three consecutive years, with an export value of 4.29 billion USD per year. In 2008, Vietnam is expected to export 5.4 billion USD worth of textiles and garments to the US market to secure the second place behind China in the export of those products to the country.

Read More

1:09 AM | 0 comments

Tirupur Yarn Price

The following are the rates from the leading spinning mill who is supplying to tirupur.

 

Counts	carded	semi combed	Combed	Red label
20's		Rs.119.13	Rs.126.33
24's		Rs.127.25	Rs.128.49
30's		Rs.128.83	Rs.129.75	Rs. 135.97
34's		Rs.129.90	Rs.137.01	Rs. 143.25
40's		Rs.139.90	Rs.145.33	Rs. 151.57
50's				Rs.175.49
60's				Rs. 179.65

 

The yarn price has increased by about 15.Rs in past few months which makes the tirupur exporters to face huge problem when it come to pricing their products.

Read More

3:03 AM | 0 comments

Another Yarn Price hike in Tirupur

Every exporter at Tirupur were expecting some decrease in the price but Yarn price in Tirupur  was increased by Rs.5 in the last week yet another price hike is expected soon. In past one month alone there is about Rs.10 to 15 rupees hike in the yarn price. Government has already scrapped the duty of cotton imports but this didn't have any impact on the yarn price. The Tirupur exporter who have confirmed the orders will been be having tuff times ahead.

Read More

12:53 AM | 0 comments

Chinese textile exports sluggish, Vietnamese textile exports on a run

Appreciating Chinese yuan, increasing labour cost, and reduced duty draw back hits hard at China’s export of textile and garments. Chinese textile and garment exports has reportedly seen a 3.7 per cent fall from September2007 to May 2008. The story in Vietnam is bit different, In the first half of 2008 garment and textile exports grew by 20% to US$4.5 billion, accounting for 44.21% of the whole year's US$9.5 billion target. The textile sector is expecting to achieve the target by the end of the year as they have signed up quite a lot of order for the remaining half of the year.

Even though the Vietnamese textile sector has seen a very good growth they are facing serious problems. Inflation in Vietnam is 26% ( In India 11%), because of inflation there is an increase in labour cost and labour shortage and Increase in raw material cost. This perhaps has wiped out almost 50% of profit that they have made in the first half of 2008. Government in order to cut the money supply to curb inflation has increase interest rate and to get a loan is also very difficult. Vietnam seems to have slowed down but the Vietnamese textile industry feels that they could still achieve the growth and keep the growth rate going.

Read More

1:11 AM | 0 comments

Cotton import duty abolished, much awaited relief to Indian textile industry

The government has scrapped 10 % import duty on cotton and withdrew incentives of 1% duty draw back on exports of raw cotton to boost domestic supply for the textile industry. This moved was much awaited by textile sector. The government has made this move after seeing the raise in domestic cotton price. Recent article from times of India exposed the price of domestic price of shankar-6 to around 80 cents/pounds (after ginning) and this is expect to reach 90 cents with inclusion of transportation cost but international price for similar variety was around 73 cents/pound. textile sector expect to see reason fall in the prices of cotton after this scrapping of import duty.

Read More

9:51 PM | 0 comments

Indian Apparel exporters, be aware of Steve & Barry's clothing retailer

  Steve and barry's is one of the leading apparel retailer in USA. India is one of the leading suppliers to the retailer. Texport syndicate is the top supplier from India. Recently university of Michigan has stopped all it's ties with Steve and berry's, which is a big blow to them. Recently wallstreet journal has also report that Steve and barry's have hired a  bankruptcy lawyer and looking for $30 million to avoid bankruptcy. The trend shows that it's not good for Indian apparel exporter to work with Steve and barry's.

source:University of Michigan official web site

Read More

1:38 AM | 0 comments

Fuel price hike hits both Bangladesh and Pakistan ready made garment exporters

Fuel price hike has increased production and transportation costs significantly to Bangladesh and Pakistan garment manufacturer. In Bangladesh price hike of fuel  would increase production cost of readymade garment by 15 per cent.Price of ready made garment product in the global market is at decreasing trend But cost of production is rising continuously. The recession in the US has lowered ready made garment product export by 35 percent in recent months But they are importing textiles from Bangladesh due to low price. If this trend seems to continue then Pakistan and Bangladesh would have to shed some of their market share to more efficient producers in Asia.

Read More

12:51 AM | 0 comments

49TH National Garment Fair, 2008 at Mumbai

On July 9th A National Garment Fair is planned at Bombay Exhibition Center, NSC Complex, Goregaon (East), Mumbai.  The garment fair will be spread over 25,000 sq. meters in two halls. More than 400 brands shall display their collections. There will be also a Franchising Zone, which will help to connect prospective franchises with established national & international brands. It is restricted to garment dealers only. 

Read More

12:22 AM | 0 comments

China plans to increase in duty drawback for textile exports

A leading news agency has reported that Chinese government is planning to increase the duty draw back from 11% to 13% in order to support the textile industry. The government in july cut the duty draw percentage to 11% as step to tackle the trade surplus.

Read More

5:08 AM | 0 comments