CITI Textile Times June 2008

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chairman’s word We have been following up the circular issued by the

banks. Details of funds released to the banks are also

Indian Banks Association on 9th May 2008 recommending a moratorium of one year on repayment of term loans taken

available on the Site. CITI has requested the Textile Commissioner to call a meeting of the Technical Advisory

by the textiles and clothing industry. I have met the Deputy Managing Director of State Bank of India along with our

Cum Monitoring Committee of TUFS to review the operation of the modified Scheme and see what changes or

Deputy Chairman, Shri R.K. Dalmia and requested him to

improvements are possible. The meeting is expected shortly.

place the circular before their Board for early implementation of the IBA decision. SBI has agreed to expedite the process.

I would request the industry to send us any suggestions that they have in this regard.

We have also written to many other banks and are in the process of meeting some of the major ones.

CITI hosted a dinner in honour of Shri Santosh Bagrodia, who has recently been appointed as Minister of State for Coal

Our suggestions to government for some urgent measures to curtail the ever increasing cotton prices have not yet been

in the Union Government. The function was well attended by textile industrialists and representatives from the other related

implemented. In its meeting held on 17th May 2008, the

industries and trade. While thanking him for the immense

Cotton Advisory Board has raised its estimate on exports this year to 85 lakh bales from the level of 58 lakh bales

help we have received from him as Chairman of the Department Related Parliamentary Standing Committee on

achieved during last year. Actual exports may even breach the revised estimates, according to trade sources. It is obvious

Industry, we also stressed the need for Shri Bagrodia's help in managing our energy problems. He has assured us of his

that cotton situation will remain critical, unless something is

continued support and stated that any coal shortage for the

done by the government to arrest local prices without any further delay. Considering the seriousness of the situation,

industry would be sorted out within a period of six months.

we are pursuing the matter with various Ministries in the Central Government and I hope something gets done before

have scheduled a Seminar in Mumbai for 25th September 2008 on 'Strategising Textile Business: Agenda for

things go out of hand. We ha ve been following up the issue of dela y in

Stakeholders'. We expect some of the senior luminaries from our industry to address the Seminar, in addition to other

disbursement of TUFS funds with the Ministry of Textiles and

experts and input suppliers. We will also use the opportunity

the Ministry of Finance. By now, the entire Budget allocation of Rs.1090 crore for the current financial year has been

to honour some of our Past Chairmen who could not attend the Golden Jubilee function that we had organized in New

released by the Ministry to the nodal agencies and banks. The amount has been exhausted by claims relating to the

Delhi in March 2008. I would request for active participation from the textile and allied industries in the event, details of

period upto September 2007. For further releases, fresh

which are being sent to all of you.

Budget allocation will be necessary. The Ministry of Textiles is seeking fresh funds for the Scheme and we hope these

been concentrating on Maharashtra for a few years now,

will be made available at the earliest. Meanwhile, the office of the Textile Commissioner had called a meeting of v arious

basically because of the distress situation prevailing in the cotton farming sector in the State. The situation in

banks operating TUFS on 27th May 2008 and briefed them

Maharashtra has now improved considerably in terms of production, productivity and quality. While we have to continue

on the need for proper reporting and speedy disposal of TUFS claims.

As part of the Golden Jubilee Celebrations of CITI, we

The cotton development activities of CITI-CDRA have

our activities in Maharashtra, we also need to pay more

In this context, I must place on record the appreciation of the T&C industry for the positive role being played by the

attention to Rajasthan because of the key role it plays in short staple cotton, which is fast developing into a problem

Textile Commissioner and his office, in sorting out TUFS related problems. Total transparency has been introduced in

slot. CITI-CDRA is planning its future programmes accordingly and we hope to give you the details shortly.

the procedures and the industry can now verify from the website of the Textile Commissioner whether and when the claims of individual units have been filed by the concerned

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editorial Survival Versus Sustainable Growth The problems arising from increase in raw material prices are only worsening, especially in the case of the spinning industry. During the last one year, cotton prices have increased by about 30 percent on an average. Prices of man made fibres are also bound to rise with the present petroleum prices and the possibility of spinners shifting away from cotton. However, yarn prices have not increased at all in some counts and have increased marginally in the others. This has led to a serious crisis in our spinning industry eroding the profitability and even viability of many units across the country. The demand for controlling cotton yarn prices raised by some segments of our industry and some state governments needs to be viewed in this context. With a long value chain, the finished product of one segment in our industry is the raw material for another segment, except in the case of home textiles and garments. In order to be effective, the issue of price rise has to be addressed at the fibre segment, which has a cascading effect on the entire downstream value chain. Presently, any increase in yarn prices is the result of a much sharper increase in the prices of fibres and therefore targeting the spinning industry for price control would amount to treating the symptoms rather than the disease. Meanwhile, there has been a perceptible improvement in our exports in recent months and if the present trend continues there are reasons to hope that most of the ground that we lost in exports during the last one year can be recouped in the coming months. As per the latest figures available from DGCI&S, our exports of T&C products grew by 9.33 percent in dollar terms during April-December 2007 compared to the same period of the previous year. And our exports of textiles and clothing to USA during January-March 2008 increased by 4.59 percent from those of the same period of last year, as per US figures. This is a reasonable increase when we view it in the back drop of a decline of USA's global imports of textile products during this period by 3.84 percent and imports from China by 5.39 percent. But here again, the position of yarn is not encouraging. As against an increase of 13.62 percent achieved by China during January-March this year in its yarn exports to USA, we registered a negative growth of 12.90 percent.

domestic market had caused some pessimism in our industry and many players even started doubting the relevance of Vision Targets and Plan Targets in this context. With internal measures of the industry to sharpen the competitive edge and more importantly with some of the remedial measures taken by government, it is now apparent that all is not lost. International developments are also becoming increasingly conducive for a turn around in our T&C exports. What we now need is to consolidate the present positive developments by sustained efforts on the part of both the industry and government. Any complacency at this stage will prove to be a serious dampener in the immediate future and can lead to long term losses. The hopes of a possible revival of our textiles and clothing exports are partly based on currency movements. After appreciating from a level of over Rs.45 a dollar to around Rs.38.50 a dollar within a year, rupee has now started weakening and is expected to breach the level of Rs.43 a dollar. Indications are that our currency is likely to remain weak during the rest of the current year. At the same time, the trend of currency appreciation seen in China during the last few months continues unabated. As of May this y ear, Chinese Yuan has appreciated by about 9 percent against US dollar, compared to the same period of last y ear. Vietnam, which was being assisted by a weakening currency, among other things, to take over much of the T&C business that China has been vacating in recent months, has also now started facing currency appreciation. In May 2008, Vietnam's Dong, which had been consistently depreciating during the last three years, strengthened by 1.21 percent, year on year. Thus, it does appear at present that China's pain is India's gain. But, currency movements and internal problems of competitors can at best have some ephemeral impact on our trade and help us to survive. For sustainable growth, we will need our own strength in raw materials, production efficiencies, cost control and marketing abilities. We are strong in raw materials, but are unable to properly leverage this strength for achieving cost competitiveness in the down stream value chain. And in the other areas listed above, we have a long way to go.

The abrupt down turn in our exports of textile products from late 2006 onwards and the resultant turmoil in the

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feature

Technical Textiles Destination Next for India's Industry Though the country has a long tradition in textiles, or perhaps because of it, India's textile industry has been focusing on traditional skills and value added products using the wealth of craftsmanship available in the country. This approach has helped the country to develop a fairly large textile and clothing industry over the years. However, one of the casualties in the process has been the highly potential technical textiles segment. The share of technical textiles in the total production of textiles is one of the lowest in India, when compared with the other major textile producers of the world. Though there have been some

textiles field and the present trends

initiatives in this front from the industry in recent years, these are too meager when seen in the context of the vast

indicated that India would also be following this trend.

Considering the important role that technical textiles could play in the future

Explaining the initiatives that the government had taken for encouraging the technical textiles industry, Dr. J.N. Singh pointed out that some

growth of the country's textile economy, the third Asian Textiles Conference (Atexcon) organized by CITI in March

additional incentives had been incorporated particularly for technical textiles, under the Technology

2008 in New Delhi had a Business Session devoted to this topic. The Session was chaired b y Dr. J.N. Singh, Textile Commissioner of India.

Upgradation Fund Scheme. Over and above the interest compensation of 5 percent available under the Scheme,

untapped potential.

Opening Remarks of Dr. J.N.Singh In his opening remarks, Dr. J.N. Singh observed that though India was relatively a late starter in the case of technical textiles, this had already become one of the happening segments of our textile industry. "As India grows more and more economically at the GDP growth rate

a 10 percent capital subsidy had been incorporated specifically for technical textiles in the modified TUFS announced for the 11th Five Year Plan Period.He also referred to the proposal to establish an Export Promotion Council exclusively for technical textiles. The Textile Commissioner explained that the government had designated four textile research

of 8% to 8.5%, traditional textiles will slowly give way to more and more high value products. And technical textiles

associations as 'Centers of Excellence' and had given them sufficient funds so that they could develop as international

are amongst the most value added products in the textile industry", he said. Dr. Singh added that the developed

centers for testing and accreditation of technical textiles. He pointed out that so far technical textiles of India had to

countries of Europe and others like USA and Japan had graduated from traditional textiles to the technical

be sent to Hong Kong, Singapore, etc. for testing and accreditation. "That can be done in India within a year or two",

Dr. J N Singh, Textile Commissioner

he stated. Referring to the statement of the Prime Minister, while inaugurating CITI's Golden Jubilee Celebrations a day earlier, Dr. J .N. Singh stated that the PM had reiterated what he had said in the Tex Summit of 2007 that technical textiles would be one of the priority areas for government and a Technology Mission o n Technical Textiles would be launched shortly. Dr. Singh added that the Textiles Ministry had already initiated the proposal and it was under discussion with the Ministry of Finance and the Planning Commission. He stated that technical textiles and cotton would be among the focus points for the Textile Ministry in the coming months. Dr. J.N. Singh observed that there were limitations on measures that the government could take and it would be MAY-JUNE - 2008

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feature more than 200 products classified as technical textiles and their application areas are increasing day by da y, on account of technological innovations taking place in fibres, materials and p r o d u c t i o n p r o c e s s e s . Tho ug h t he technical textiles industry consumes

possible to achieve the potential of this

raw materials in the form of unspun fibres, yarn and fabrics, the major consumption is in

segment only if the industry comes forward with projects and implements them efficiently. He pointed out that

the form of fabric which constitutes 67 percent. Unspun fibres accounted for 24% of raw material used in this

anybody who invested in technical textiles in India at this stage would have to take some risk, as all pioneers

industry and the remaining 9% is contributed by yarns.

would need to do. "It is well known that this is a new field and the products are also new. The products have to get developed, have to get accepted by

predominantly on man made/inorganic fibres/yarns because of inherent advantages of their strength and

people". However, the potential of this segment in the country is also well known and this would therefore be the ideal time to grab the opportunities. He added that the incentives being provided by the government would go a long way in addressing the risks involved.

Technical textiles are based

the highly potential area of technical textiles. He hoped that the country's encouraging overall economic growth process would also facilitate adoption

These and many other applications of technical textiles would sustain strong demand for synthetic raw

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that non-woven fabrics have an increasing role in both industrial and consumer goods in the technical textiles sector. Mr. Sanjiv Saran said that Indian presence in the technical textile area is relatively small at present but considering the size of the country and a fast growing economy (current estimate is 8% growth rate) coupled with diverse raw material base, a large textile industry and trained man power, it is expected that technical textiles in the country will grow at a significant rate during next 5 years. In fact, there is already a perceptible sign of growth in a few areas like automotive textiles,

Presentation by Rieter

media and environmental protection would be the driving force for fiber consumption.

the dominant raw material for technical textiles. He explained that there are

wound care, bandages, insulation tapes, narrow fabrics & compression bandages. Mr. Sanjiv Saran observed

increasing applications for fibrous material in non-conventional sectors such as protective clothing, medical devices and health care products,

the Textile Commissioner stated that the government was trying to facilitate and the industry was trying to invest in

M r. S a n j i v Sar an, Chairman, SRTEPC made a presentation in the Session on the role of synthetics as

substrates, tarpaulin, furniture components, bed ticking, protective clothing, electrical components, geotextiles, sports and leisure wear,

medical and healthcare textiles, industrial textiles, technical

Concluding his opening remarks,

Presentation by Mr. Sanjiv Saran

are consumed for filtration, flexible bulk containers, conveyor belts, luggage, carpet and carpet backing, PVC coating

versatility and this trend is expected to continue in future also. Mr. Sanjiv Saran pointed out that the ever

automotive components, building material, geotextiles, agricultural devices, sport and leisurewear, filter

of technical textiles in a big way.

type products are consumed for sutures, ropes, fishing gears, shoe components, swings, etc. Woven fabrics

materials in future. Explaining the uses of different kinds of raw materials in the technical textile industry, he pointed out that fiber is mainly consumed for reinforcement for composites, cushioning, fillings, electrical components, insulation, sports equipment & toys. Similarly the yarn

components of home textiles and protective textiles. Mr. AndrĂŠ Michalon, Head of Sales, Rieter Perfoject, made a presentation that explained the developments in the machinery industry catering to technical textiles and the role that Rieter was playing in this area. While talking about the Non-woven segment Mr. Andre Michalon said that the Non-woven sector is contributing about 17% of the technical textile industry. Currently the non- wo ven technical textiles have been growing at 11% in India. Engineered non-woven products of manufactured fibers are found in applications from surgical gowns and apparel interfacing to roofing materials, road bed stabilizers, and floppy disk envelopes & liners.


feature

Speciality Polyester fibres and yarns for Technical Textiles Dr. Anup Rakshit * and medium scale companies producing non-wovens is by and large traditional and cannot be compared to the stateof-the-art-technology used by global players. In India, nonwoven textiles is a more evolved segment and much of the development in the last two years has been in this category. Manufacturing Process Technical textiles comprise wovens, non-wovens and knitted fabrics depending upon the construction. The global end use of technical textiles is predominantly in the woven fabric form. DRA (David Rigby Associates) statistics show that nearly 73 percent of the fabric consumed is woven, 20 per cent non woven, followed by 5 per cent knitted fabric. Woven technical textiles can be manufactured in two or three dimensional (2D or 3D)

Introduction Technical textiles are textile products manufactured primarily for

since long. But the percentage in terms of market share is too small to deserve a mention. Most of the requirement is

their performance and functional properties that support a vast array of industries which include healthcare,

met through imports.

agriculture, construction, automobile and engineering to name a few. They can be broadly classified into many fields such as medical textiles

end applications are complicated to produce. Manufacturing of technical textiles require a very high level of understanding the functional

(medtech), geo textiles (geotech), agro textiles (agrotech), sports textiles (sportech), automotive textiles

requirement of the end product, technical knowledge, superior set of engineering skills and technology and

(mobitech), home textiles (hometech), clothing texiles (clothtech), protective textiles (protech), industrial textiles

most importantly , an un wa vering commitment to quality at every stage of manufacturing, from fibre to the end

(indutech) environment textiles (oekotech) packaging textiles (packtech) depending upon its end usage.

product. Simply put, a completely different mindset. The synergy between the fibre/yarn producer, the product manufacturer and the consumer is the

In India, ropes, nets, tarpaulins, parachutes, conveyor belts and few

key to success of the final product.

other products that fall in the category of industrial textiles are being produced

textiles is still at a nascent stage in India, the technology used by the small

Unlike apparel textiles, technical textiles, especially those used in high-

As development in technical

fabric structures. Similarly in knitting processes one can use either circular or warp knitting technology. Non woven fabrics can be produced in a wide range of technologies such as hydroentanglement, spunbonding, thermal bonding, melt blowing, chemical bonding, needle punching and stitch bonding, depending on the end product. Post treatment of fabrics or finishing is a major requirement for technical textiles. Common finishing treatment are resin or polymer coating, water proofing, lamination, etc. Multilayer composites with different type of fabrics and polymers are other high tech areas of producing technical textiles. Raw Materials In synthetic fibres and yarns, poly ester, polypropylene, n ylon, acrylic, viscose, carbon, nomax, kevlar and glass are popular raw materials used in producing technical textiles, while in natural fibres and yarn, cotton, MAY-JUNE - 2008

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feature wool and jute are used. Amongst these, polyester is emerging as the most preferred raw material because of its

land, sea and air. Automotive textiles, is the most attractive component of this segment at present, with nearly 30 end

several unique characteristics and superior attributes that meet the multifunctional demand of the end

applications in car interiors alone. India is a global hub for manufacturing of automotive textiles; and the recent

products in technical textiles. To cite a couple of examples, in automotive textiles, functional properties such as strength, dur abilit y, abr asion

boom in the domestic automotive sector has created a phenomenal demand for automotive textiles.

resistance, filtration efficiency etc., are essential characteristics that decide the selection of raw material. Similarly, in

segment of technical textiles, a large part of which constitute disposable,

medical textiles, hygiene, absorption, to xicit y, anti-bacterial properties assume significance. Polyester fibres

nonwoven forms. Sanitary napkins, surgical dressings and sutures have shown the largest market potential in

and yarns meet these functional requirements well. The cost-benefit ratio is also an additional benefit with polyester.

this segment.

The rising demand for technical textiles augurs well for polyester fibre, the consumption of which is expected to touch 23.8 million metric tonnes by 2010. Reliance Offerings Technical textiles, as we mentioned earlier, are produced in a wide range of manufacturing technologies and in turn these technologies demand specific functional properties of feed stock like fibre and yarn. The special properties are often engineered in the fibre, yarn or fabric to meet the final customer/ market specifications, either as a final

Functionalities: Although the type of fabric used and the fabric structure varies with the specific end use, all medical fibres must be non-toxic, noncarcinogenic, non- allergic, antibacterial and capable of being sterilized without suffering chemical or physical damage. In many applications, absorbency is also essential. Of late, polyester has replaced cotton in many of the applications because of its durability and low linting characteristics.

modifications are done at the polymer or fibre stage itself. Looking at the emerging needs in technical textiles,

antibacterial properties and provide comfort and safety to patients and medical staff are the other end uses.

Reliance has developed a few speciality fibres and yarns with its Recron速 brand, in some of the segments of technical textiles such as medtech,

Mobiltech

It covers all textile products used in health and hygiene applications and encompasses a wide range of products. It is a vast field and the fastest growing

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Applications: Headliners, seat belts, seat covers, air bags, sun roof, air and fuel filters, trunk liners, inside roof liners, floor carpet, upholstery, t yre cords, battery separ ator, hose are some of the applications in automobiles. Geotech

wipes, sanitary napkins, baby diapers, adult incontinence diapers are some of the popular products in nonwovens. Protective garments and surgical items such as caps, gowns, masks, bed sheets, drapes etc.,that have special

Medtech

textiles used should have high colour fastness, high abrasion resistance, high breathablity and porosity in order to maintain comfort levels and should be easy to clean.

Applications: Wound dressing, bandages, sutures, swabs are conventional medical textiles. Baby

product or as component in another product. The functionalities can be imparted almost permanently if such

geotech, mobitech, industech, clothtech, hometech and protech to meet a wide spectrum of applications.

Functionalities: Fabric is an important aesthetic component of the car and is expected to last as long as the vehicle does. As cars are exposed to extreme conditions of light, the

Mobiltech is again a vast segment comprising textile products used in construction, equipment and furnishing of all means of passenger and goods transportation, civil and military by

Geotextiles include woven and nonwoven materials used in civil engineering industry. The products are used to perform basic functions like separation, reinforcement, filtration and drainage. Permeable fabrics are used with soils as they have the ability to separate, filter, protect or drain. Polyester is a popular raw material used because of its compatibility with other materials, high strength and better creep behaviour. Indian geotech market is expected to reach 2400 crores by 2015 from its present size of 1000 crores. Functionalities: The fabrics used must have high strength, puncture resistance, durability, low moisture absorption, thickness and filtration


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feature properties depending on its applications. Impermeable membranes are used to prevent water absorption like canal beds.

and carpet backing are other important applications. Clothtech The sector covers those textile products which represent functional, mostly hidden components of clothing

Application: As reinforcement material in construction of roads, railways and dams; for strengthening

such as interlining, sewing thread, shoe laces, and also performance fabrics like umbrella cloth. Interlings

soil, slopes and walls; for distribution of load to prevent erosion, dry/ liquid filtration and drainage, roofing felts etc. Indutech Industrial textiles, one of the largest fields of technical textiles, constitute materials directly used in manufacturing industry. It is one of the high growth segments having the widest range of applications. Coated textiles are an important component of industrial textiles as they form the base material for applications.

a

number

of

end

utility personnel like fire service, police para-military forces, industrial security forces, etc. Functionalities: The textiles have to provide protection against fire, heat, wind, w ater, extreme cold, dust, hazardous chemicals & gas, cut & abrasion, ballistic impact, foul weather, etc. Applications: Fire retardant clothing, winter clothing like jackets, defence apparel, fire & bullet proof jackets, space suits, etc. Hometech In non-apparels, home textile has emerged as the fastest growing sector in India, in the last couple of years. The inside fill is an important component of home textiles, the consumption of which has grown manifold in the last

Functionalities: Strength, stretch, safety are the desired properties in end applications. Applications: Filtration products, conveyor belts and other industrial belts, industrial hose, abrasive products, papermaker felts, composites, etc. Wipes, insulation, covers, nets, ropes also fall in the category of industrial products. Hoardings, signage, soft luggage, shoe uppers, awnings, tarpaulins, tents, umbrella, air bags and parachutes use coated textiles. Protech Textiles used in production of protective clothing come under Protech. This is a significant area of technical textiles with very high-end applications that require high degree of engineering skills in manufacturing. The defense is the largest end-user of various protective clothing followed by public

is a high growth business segment. The market value of Clothtech is said to be around Rs.8415.80 cr.

few years with the increasing number of end uses. Functionalities: Hygiene, loft, resilience, toxicity, air circulation, easy care, comfort, durability and antimicrobial properties are key requirements in filling material. Applications: Filling material for mattress, pillows, cushions, quilts, duvets, furniture upholstery, soft toys, sleeping bags and other products; wipes, mops, header tapes for hanging curtains etc. Flame retardant curtains

Conclusion Technical Textile is one of the most exciting and promising segments of textiles that is waiting to be explored. So far, it has been the European countries and the US who have dominated this segment. But if Indian textile manufactures are aiming for a global presence, they would have to start looking at the world beyond apparel and tap the unlimited opportunities in Technical Textiles, which ha ve the widest range of applications with lucrative returns. For Reliance Industries too, Technical Textiles is an important area for achieving global leadership and therefore, its R&D is focused on developing raw materials required for the manufacture of technical textiles. In the past one year, it has increased its range of products to meet the growing needs of the domestic and export markets. Reliance is also lending its technical and market support to manufacturers desiring to make their mark in technical textiles.

*The author is Head- Product Development (Spinning & Nonwoven Fibres), Reliance Industries Limited, Mumbai. MAY-JUNE - 2008 11

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fibre trends

May 08 Synopsis

Polyester Raw Material prices increased due to high Crude Oil price Crude oil prices continued its upward trend in the month

Acrylic Chain

and averaged at US$123.21 a barrel. Prices have increased by 11.7% in May compared to previous month in April. Europe brent prices averaged at US$ 122.25 a barrel, that

Acrylic chain prices have moved up in the month of May. ASF prices for Taiwan averaged at US$ 2.46 per kg. Prices of ASF for the denier have been steady

is higher by 12.2% from the April a verage. Far East Asia CFR averaged at US$118.77 a barrel. Naphtha prices have also risen to record levels, a consequence of high crude oil prices. Far East Naphtha averaged at US$1029 a ton.

since the past 4 weeks. ASF prices are at its highest in the last 12 months. A marginal change is seen in the Acrylonitrile market and the prices averaged at US$

Polyester Chain Polyester chain saw some increase in its raw materials

2028 per ton in China. Propylene prices shoot up by US$ 150 to US$ 1,447 per ton FOB Korea, an increase of 11.7% compared to previous month.

costs seeping down to polyester fibre and yarn prices. Paraxylene prices in Korea averaged at US$ 1391 per ton, an increase of 8.25% over previous month. PTA prices surged by 4.8% in the month and average at US$ 1031 per ton, whereas MEG prices declined by -0.6 %. MEG average prices in Korea hovered at US$ 1090 per ton. Ethylene prices saw a increase of 5% in Korean market. Ethylene prices in Korea averaged at US$1408 a ton. Polyester staple fiber (PSF) average price in China increased by 3 cents to US$1.68/kg. Though high feedstock prices have impacted polyester, high cotton prices have bought some parity.

Cotton Cotlook A index averaged at 73.91 cents a pound in the month. Prices plunge by 2.22% compared to a month ago. After reaching a peak of 81 cents a pound in March, cotton prices are continued its downtrend.

Nylon Chain Nylon chain prices remained steady in the month except of Benzene prices which were directly pulled up by crude oil price surge. NFY prices averaged 2 cents higher at US$3.30/kg. Caprolactum prices showed a marginal drop in the month and averaged at US$2501/ton. Benzene prices averaged at US$1,237/ton rising 12.5% from the previous month level.

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fibre trends

April 08 Synopsis

Cotton Yarn Exports decline in April, Average Realizations remain steady Yarn exports from the major ports of India were at US$55,973 ton declining by about 7%.due to decline in Cotton and PV yarn exports. This was after a 19% jump in exports in March. The rupee again strengthened in April, moving below Rs 40/US dollar and thus shrinking margins. 43,428 tons of cotton yarn was exported in April, lower by 10% while PV yarn exports further declined 27% to 1,823 tons. Polyester yarn exports which had declined in March by 29% reversed its trend and increased 27%. Viscose yarn exports increased at a rate of 7% after jumping 43% last month and were at 3,348 tons. PC yarn exports increased 11% to 3,391 tons. Of the 111 tons of Dyed yarn exported, 45 were Viscose dyed and 39 were PV dyed. Average realized price for cotton was steady at US$2.98/kg while the average price of viscose yarn declined 8 cents to US$3.78/kg. PC and Polyester yarn prices averaged at US$2.47/kg and US$2.71/kg. PV yarn average prices however increased 15 cents to US$3.11/kg. Bangladesh was the biggest importer of Indian yarn followed by Brazil and Turkey, though exports to Bangladesh, Turkey and South Korea declined. Exports to Bangladesh

Trend in Yarn Exports to major countries in 2008 April

March

February

January

Bangladesh

4,724

6,591

5,597

5,795

Turk ey

4,189

5,452

4,517

7,181

Brazil

4,565

4,431

2,294

3,571

S Korea

3,915

5,528

3,124

1,749

Egypt

4,046

3,579

2,574

3,393

Cotton Yarn (All types) 12,551 tons of 30/1 was exported at an average price of US$2.66/kg and 7,230 tons of 40/1 yarn was exported at an average price of US$2.99/kg. 24/1 average price fell 15 cents to US$2.34/kg while 20/1 average price increased 17 cents to US$2.56. Bangladesh the largest importer of Cotton yarn, imported 4,420 tons at an average price of US$2.82/ kg while South Korea imported 3,758 tons at an average price of US$2.98/kg. Synthetic Yarn (Grey, dyed & mĂŠlange)

declined 28% and to South Korea declined 30%. The average prices paid by Bangladesh buyers was US$2.83/ kg, lower than the average price. The highest price among the major importers was paid by Italy, paying US$4.91/kg

Brazil and Turkey were the two largest destinations for Indian polyester yarn importing at an average price of US$2.28/kg and US$2.34/kg. The top counts exported in polyester yarn were 30/1, of which 575 tons were exported at an average price of US$2.16/kg. For 100% Viscose yarn, Belgium was the largest buyer, importing 1,030 tons at an average price of US$4.57/kg.

followed by Belgium and Germany.

Blended Yarn 30/1 and 30/2 were the top two exported counts. 610 tons of 30/1 was exported at an average price of US$2.58/ kg and 360 tons of 30/2 was exported at US$3.17/kg. Turkey and Brazil were the two biggest buyers who paid US$3.18.kg and US$2.68/kg on an average respectively. For PC yarn, Spain was the largest importer followed by China, Portugal and Argentina. 30/1 PC yarn was the most exported count at an average price of US$2.48/kg. Specialty

Qty-'000 tons

Yarn

Apr

Mar

Apr

US$/kg Mar

Compact

855

1070

3.77

4.26

Gassed

418

535

7.40

7.28

Organic

378

292

3.82

4.14

Core Spun

202

250

6.83

6.51

Lycra

6

120

5.24

6.45

Total

2032

2373

-

-

Specialty Yarn Specialty yarn exports declined steeply by 341 tons to 2,032 tons in April. Compact Yarn was the most exported yarn of which, 855 tons were exported at an average price of US3.77/kg. 418 tons of Gassed yarn and 378 tons of Organic cotton yarn were exported at US$7.40/kg and US$3.82/kg. MAY-JUNE - 2008 13

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textile growth

Textile Growth : March 2008

Jute and Other Fibre Textiles record 33.1% growth during April-March 2007-08 and 62.75% during March 2008 Jute and Other Fibre Textiles continued to record good growth. During March 2008, the segment recorded a growth of 62.75%. During April-March 2007-08 too, the segment recorded a high growth (33.1%). Manufacturing and Industry too, continued to post good growth.

The growth in textiles, a part of the manufacturing sector of industrial production is given by CSO for four broad categories: • Textile Products which include wearing apparel mainly cotton hosiery cloth • Cotton Textiles – Cotton yarn (including SSI) and Cotton cloth (excluding hosiery) • MMF Textile/ Wool and Silk textiles which consist of 100% non-cotton cloth, 100% non-cotton yarn, blended cloth and blended yarn

• Jute and other Fibre Textiles (except cotton) These recorded growth of 8.6% and 8.1% respectively during April-March 2007-08. The period also saw other segments like Manmade Textiles, Cotton Textiles and Textile Products record growth. While the former two had seen a growth of over 4% each, the latter had seen a growth of 3.3%. All segments recorded growth during April-March 2007-08. Though the exceptional growth that was witnessed in the case of Jute & Other Fibre Textiles during the last two months, i.e., January and February 2008, did not sustain itself, the segment did post a good 62.75% growth during March 2008. Segments other than Jute & Other Fibre Textiles that sa w growth during the month of March, was Manmade Textiles, Industry and Manufacturing. These witnessed growth of 7.47%, 3.22% and 3.07% respectively during the month. The segments that saw decline during the month were Textile Products and Cotton Textiles. These recorded decline of 5.47 per cent and 1.76 per cent respectively. Annual Growth Trends : March 2008 (% change) Year

Industry (100%)

Manufacturing (79.4%)

Manmade Textiles/Wool/ Silk (2.3%)

Textile Products (2.5%)

Cotton Textiles (5.5%)

Jute & Other Fibre Textiles (0.6%)

2002-03

5.7

6.0

3.0

14.4

-2.7

8.3

2003 - 04

7.0

7.4

6.8

-3.2

-3.1

-4.2

2004 - 05

8.4

9.2

3.5

19.2

7.6

3.7

2005 - 06

8.2

9.1

0.0

16.3

8.5

0.5

2006 - 07

11.6

12.5

7.8

11.5

14.8

-15.8

2007 - 08

8.1

8.6

4.2

3.3

4.1

33.1

Industry (100%)

Month

Monthly Growth Trends (% Change) Manufacturing Manmade Textile (79.4%) Textiles/Wool/ Products Silk (2.3%) (2.5%) 06-07 07-08 06-07 07-08 06-07 07-08

Cotton Textiles (5.5%) 06-07 07-08

Jute & Other Fibre Textiles (0.6%) 06-07 07-08

06-07

07-08

9.9

12.39

11.0

13.67

12.71

1.18

12.57

12.36

9.26

9.50

-6.6

17.75

11.7

10.93

13.3

11.71

12.39

14.78

18.03

2.94

13.98

5.33

2.5

40.36

9.7

9.04

10.7

9.86

-0.37

2.13

13.10

2.47

10.28

7.02

3.6

35.20

12.7

7.52

13.8

7.85

0.04

4.91

29.32

4.01

13.08

6.32

-5.1

16.03

9.9

10.69

11.4

10.39

7.93

4.77

15.44

-2.14

13.02

3.70

5.5

9.55

11.4

6.41

12.7

6.65

8.34

6.99

5.64

1.28

14.51

5.12

-0.1

4.67

4.4

12.22

3.8

13.76

-4.02

8.83

-0.42

15.28

9.68

7.54

-0.9

1.22

April May June July August September October November

15.36

5.49

16.72

5.39

26.54

-4.23

9.69

0.26

18.44

-3.75

9.92

-3.37

December

11.10

8.56

11.94

9.31

8.99

-3.93

3.12

3.42

18.31

1.57

1.03

0.16

January

10.93

5.51

11.59

5.98

11.56

1.03

4.88

6.93

22.41

3.22

-89.21

866.4

February

11.04

8.56

12.25

8.44

14.97

0.04

8.59

4.46

16.12

1.00

March

14.53

3.22

15.86

3.07

14.61

7.47

15.75

-5.47

20.66

-1.76

Note :

14

88.03 864.06 -37.70

62.75

1. Figures in bracket pertain to weights (% of industrial production) 2. The production figures are based on Index of Industrial Production released by Central Statistical Organisation (CSO). 3. The growth index has been constructed with base year 1993-94 = 100.

MAY-JUNE - 2008

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National NEWS Jharkhand to double tassar silk production to 300 tons Jharkhand, the state that tops in

domain of the Central Silk Board

tassar silk production, is on the way to double its 'tassar' silk output from 150

(CSB), it had been multiplying basic seeds to produce commercial seeds for

tons to 300 tons this year. For this purpose, the

onward distribution amongst rearers. During 2005, Jharkhand's demand of

state plans to i n v o l v e

20 lakh basic seeds could not be met by the CSB as it was producing

tribals and other locals

altogether about 19 lakh basic seeds in the country. In 2006, Jharkhand's

of the area. The state has

Handloom, Sericulture & Handicraft department ha s requested CSB to

successfully increased

support its plans to produce nucleus seeds in the state itself.

the number of its traditional silk rearers to around 65,000. Production of

The idea was successfully put on a trial run in 2007 and the state had

commercial cocoon and its sale involved three multiplication stages, the

reportedly produced around 15 lakh commercial seeds. At present,

nucleus

and

Jharkhand had a reserve of around 20

commercial seed. According to Mr. Dhirendra Kumar,

lakh nucleus seeds of which a part would be used in June-July, 2008 for the

Director, Jharkhand Handloom, Sericulture & Handicraft Department,

production of five to six lakh basic seeds. According to Mr. Kumar, with CSB's

the department made available the commercial seeds to poor farmers in

annual basic seeds quota of 2.5 lakh, Jharkhand's commercial seeds were

the state to produce cocoons to sell them later on.

expected to touch the 50 lakh-mark in 2008. In addition to this, Pradan, a

Though Jharkhand had not been handling nucleus seeds, which was the

prominent NGO, would also contribute handsomely, it was reported.

seed,

basic

seed

Textiles committee becomes first inspection body under ISO 17020 Textiles Committee, an autonomous body under the Government of India, Ministry of Textiles, became the first accredited inspection body in Asia under ISO 17020 (Type "A" Inspection Body). The Export Promotion & Qualit y Assurance Division of Textile Committee had achieved this co veted certification as an independent third party inspection body. ISO 17020 standard specified general criteria for the competence of impartial bodies performing inspection and gave international recognition. Shri G. J. Gyani, Secretary General, Quality Council of India, New Delhi, while presenting the ISO 17020 certificate to Shri D.P. Jadeja, CEO, Textiles Committee, stated that the ISO certificate would not only improve the image of Textiles Committee but would also help in spearheading the product quality of Indian textile industry.

...news in brief Government Resolution on TUFS on Technooperational parameters The Government’s resolution on Technology Upgradation Fund Scheme (TUFS) applicable during the 11th Five Year Plan has been modified b y incorporating clarifications & decisions notified through circulars. According to Smt. Shashi Singh, Jt. Textile Commissioner, the objective of the revised GR was to further strengthen the momentum achieved in the Scheme as a result of tremendous efforts on the part of both Govt. and industry. Inspite of a strong and diversified fibre and production base, for various historical reasons, the Indian textiles industry had suffered from severe technological obsolescence and lack of economies of scale. The Scheme which was introduced on 01.04.1999 has provided a "fresh lease of life to the textile industry." It had helped in transition from quantitatively restricted textiles trade to market-driven merchandising.

global

Lee Coopers to launch 24 new outlets in India Lee Cooper, a denim br and that offes an entire range of casual wear apparel for both men and women, plans to open 24 new outlets in India during the current year. The objective is to secure a dominant position in the country. The company had plans to extend its presence in northern region including Punjab, Himachal Pradesh and Haryana. The company presently had 31 stores across the country. MAY-JUNE - 2008 15

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national news

Indians growing increasingly fashion conscious, says study The continuously improving and growing

Diesel (24%), Christian Dior (16%), and DKNY

Indian economy that is also opening up its market

(10%). India also made it to the top ten markets

has given rise to a group of affluent consumers who

globally for some of the brands.

are more than eager to adopt the latest fashion

India ranked third highest globally for

trends, points out the recent Nielsen Global

people who bought Gucci products, sixth for

Luxury Brands Study. According to the study,

Calvin Klein, ninth for Diesel, and tenth for

35% Indians who participated in the survey

Fendi. Foreign brands were synonymous to

agreed to buying designer brands. This was the third

status and the survey found that 57% of

highest percentage internationally with Greece

Indians surveyed bought designer brands

at the top with 46%, followed by Hong Kong with 38%.

as a status symbol. The number of outlets for these brands that

Despite the mushrooming of imita tion designer-branded products in some

opened recently in the country was proof enough that Indians were

markets, surprisingly more than threefourth of Indians surveyed reported that

becoming conscious.

imitation products did not match the qualit y offered by the real one. Top

Though 73% Indians felt that most designer brands were overpriced, 35%

brands that Indian consumers spent on were Calvin Klein (34%), Gucci (25%),

believed that as they offered quality, they were definitely better.

increasingly

fashion

Anti-dumping investigations initiated on imports of Yarn Anti-dumping investigations have been initiated by India on imports of

subject goods which were being dumped into India were identical to the

all fully drawn or fully oriented yarn, spin draw yarn, flat yarn and polyester

goods produced by the domestic industry. There were no differences

from China, Thailand and Vietnam. The investigations are the result of

either in the technical specifications, quality, functions and end-uses of the

an application filed by The Association of Synthetic Fibre Industries, on behalf

dumped imports and the goods domestically produced by the

of M/s.Reliance Industries Ltd. , M/s. Gupta Synthetics Ltd., M/s. Nova

petitioners. As the two were technically and

Petrochemicals Ltd. and M/s. Chiripal Industries Ltd. The prima facie

commercially substitutable, they were to be treated as 'domestic like articles',

evidence pointed out to dumping of the said goods by the subject countries,

stated the petition. A request was made for retrospective imposition of duty on

injury to the domestic industry and causal links between the dumping and

the ground that there was a history of dumping and injury to the domestic

injury. The application claimed that the

industry.

16

MAY-JUNE - 2008

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'Trident Homescapes' Lifestyle store launched by Trident Group Tr i d e n t Group, winner of awards from leading international retails chains including Wal Mart and J C Pennay, launched its first Lifestyle store Trident Homescapes in Chandigarh through Abhishek Industries Ltd, the flagship Company of the group. M r. P K Markanda y, Chief Ex ecutive, Abhishek Home Textiles, Trident Group said at the launch that there is a vast emerging class of consumers in India who have refined taste and appreciated international quality. Trident Group, through Trident Homescapes, is geared to fulfill the needs of these world-class consumers who wanted world-class services and products. The test run of the products had led to overwhelming results. Trident Homescapes occupied 2500 sq feet and housed a wide and exclusive range of home products. Trident has the advantage of an extensive understanding of international trends which it hoped to encash. The store offers an exquisite range of bed and bath linen, home accessories and decor, floor coverings etc that were designed to offer a wide choice to consumers with different tastes. According to Mr. Sugato Bose, President- Retail, Trident Group, the kind of quality and range that is on offer had never been attempted in a specialty home lifestyle store in India. The group plans to open 30 more stores in the first phase with an investment of Rs 20 crore, another 100 stores in the next financial year and up to 300 stores by the next three years.


national news

Karnataka drafts new Textile Policy to attract investment Karnataka has drafted a textile policy that expects to attract

textile parks, companies such

investments worth Rs. 10,000 crore and create half a million jobs in five years

as Bombay Rayon Fashions

by offering sops to the industry. The policy is now awaiting approval of the

Ltd, S. Kumars Nationwide Ltd,

new government. Primarily aiming at two aspects: generation of employment

and Madura Garments have also set up shops in Karnataka.

in the rural interiors and new investments in the sector, the draft

The draft suggests giving the industry subsidised electricity, easy

policy proposes subsidised electricity, easy rules and suitable infrastructure.

employment rules and suitable infrastructure, particularly to start-ups.

The textile and readymade garment industry—the second largest

A long-standing demand for removing entry tax is a part of the draft— a 2%

employer in the state after information technology—is worth nearly Rs. 5,000

entry tax is now levied on raw and packaging materials in the sector. The

crore excluding exports, and employs 500,000 workers in and around

draft also proposes textile training centres, particularly in rural Karnataka.

Bangalore, as per government data. Some of the largest exporters

At present, power is subsidised up to 20 horsepower for powerlooms. Textile

including Gokaldas Images Pvt. Ltd, Gokaldas Exports Ltd and Himatsingka

department officials say that the draft has proposed increasing the subsidy,

Seide Ltd are based in the state. With the state aggressively building

and extending it to readymade garment factories.

Central Sales Tax (CST) reduced to 2% w.e.f. 1st June, 2008

Wills Lifestyle registers excellent growth I TC Ltd. ’s Wills Lifestyle Retailing concluded yet another year of strong performance with Gross Turnover of Rs.21356 crore, a growth of 10.7% over the previous year. Both the premium and popular segments of the branded apparel market of the Lifestyle Retailing business continued to enjoy popularity. Domestic sales grew by 26% over the previous y ear, while exports recorded a growth of 17%. In the premium segment, 'Wills Lifestyle' continued to provide a classy expression of contemporary trends, styled and accessorized to give discerning customers the look of the season, in tune with the international fashion mood. The Wills Lifestyle brands were available nationwide at 50 exclusive stores and in more than 150 'shop-in-shops'. In a Global Luxury Survey conducted by Time Magazine, Wills Lifestyle was rated amongst the top 5 Luxury brands in the country. 'Wills Lifestyle' was also voted as the 'Retailer of the Year' in 'Fashion & Lifest yle' category at the Asia Retail Congress,

On the basis of the discussions

Form-C) shall now be the lower of 2

between the Empowered Committee (EC) of State Finance Ministers and the

per cent and the rate of VAT or State Sales Tax applicable. This reduction

2008.

Union Finance Minister regarding the compensation package, the

forms a part of the roadmap for phasing out CST completely by 31st

Government of India, Ministry of Finance, Department of Revenue has

March, 2010 in preparation of introducing Goods & Services Ta x

Westside ties up with designers

issued a notification on 30th May, 2008 to bring into effect from 1st June, 2008

(GST), the roadmap for which is being worked out by the EC of State Finance

the new reduced rate of CST of 2% on inter-State sales of goods. The

Ministers together with the Union Finance Ministry.

notification of new CST rate of 2% in place of earlier 3% is in accordance

The Central Government and the Empowered Committee of State

with the announcement made by the Union Finance Minister in his budget

Finance Ministers have further agreed that the compensation for revenue loss

speech in Parliament in February 2008 that the rate of Central Sales Tax would

to the States in any year arising from the lowering of CST will be limited to

be reduced. The rate of CST on inter-State sale

the proportionate loss based on the actual collection of CST in the relevant

of goods to registered dealers (against

year.

Westside has tied up with three emerging fashion designers from the Lakme India Fashion Week who would showcase Westside collections at its stores across the country. The designers who are the new talent of fashion industry would get a retail platform at national level and access to a large customer base. Beginning September, the designers would showcase specially created prêt collections at Westside stores across India. MAY-JUNE - 2008 17

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national news

Levi's Jeans celebrate 135th birthday in New Delhi Levi's celebrated its 135th birthday of the jean with Timeless Jean Fest at

Prizes are to be awarded to the best displays and visuals, decided through

Levi's Square, South Extension, New Delhi. Levi's the brand that invented

consumer votes. Speaking on the occasion of the

the blue jean in 1873, believed it was at the forefront of youth fashion.

Timeless Jeans F est, Mr. Sh yam Sukhramani, Marketing Director for the

At the Fest that started on 23 May 2008, Levi's allowed youth to not only

Levi's brand in India said, "Levi's jeans have always been worn by pioneers

make Levi's jeans their own but also take over their Flagship store at South

who took a stand. We've kicked off this year with a campaign that celebrates this

Extension. Three of Delhi's best fashion design colleges showcased their store

icon followed up by the Fest in the South Ex. store with a whole lot more coming

display and visual merchandising skills.

up in the second half of 2008."

IAM announces admissions for new UG/PG programmes

Turtle presence soon in Middle East Turtle, leading menswear apparel brand announced plans to make its presence felt across Middle East, in Dubai, Muscat, Bahrain, Saudi Arabia, Kuwait, Fiji Islands, and Latin America. The process had already been started by Turtle which had registering its brand name across these regions. The entire Turtle range, including shirts, trousers and accessories would be available at stores in the region. Domestically, Turtle was already on the growth path and was now available in 380 cities across 1000 retail points such as Globus, Shoppers Stop, Pantaloons, Central, India Bulls,

India's first Institute of Apparel

in association with Royal Melbourne

Management (IAM), under the aegis of Apparel Export Promotion Council

Institute of Technology (RMIT), Australia. Details of the programmes

(AEPC), is conducting UG and PG programmes, the academic session of

could be had from the IAM's website: www.iamindia.in.

which begins in July 2008. The PG programmes include

For conducting its various programmes, IAM had initiated

e xclusiv e showrooms. Mr. Amit Ladsaria, Director, Turtle Ltd said,

Apparel Marketing & Merchandising, Entrepreneurship Programme for

partnerships and training agreements with international institutes in fashion

"Having established a strong presence domestically, we are delighted to now

Apparel Industry, Apparel Export Merchandising, and Apparel Retail

and apparel management arena of Australia, UK, Germany and Singapore.

be available internationally. Our sole mission at Turtle has been to deliver

Merchandising & Store Operations. While the former two courses are of

IAM which was also a member of International Apparel Federation (IAF),

world class quality at affordable prices and we are confident that

18 months durations, the latter two are of 1year durations. The UG Programme

a global association, had signed a MoU on education cooperation with Fair

in Fashion & Textiles Merchandising is

Labor Association (FLA).

internationally too, we shall create a mark for ourselves."

and so on. In India, Turtle had expanded into semi metros such as Ahmedabad, Bhopal, Bhubaneshwar, Meerut, Chandigarh, Indore and P atna. Turtle also had its own

FTA with EU: India's gain is neighbours’ pain The proposed FTA between India and the EU is likely to adversely impact gross domestic product of other countries, including neighbouring countries like Bangladesh, Sri Lanka and Pakistan, a study sponsored by the European Commission says. Once implemented, the agreement is likely to result in a gain of Euro 1.4-17.7 billion to India's national income, in turn pushing up its economic growth r ate. F TA

18

MAY-JUNE - 2008

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negotiations between the two sides

The draft Global Analysis Report,

started in April 2007. The EU accounts for 19% of India's global trade.

commissioned by the EU, took into account six different trade

Howev e r, India's share in the economic bloc's total trade

liberalisation scenarios, noting benefits of the currently operational

engagement is only 2%. The agre ement will result in lower

India-Sri Lanka FTA may be eroded when the India-EU agreement comes

duties in India and the EU as well as enhanced foreign investment flows. As

into effect. Moreov er, it will also adversely impact the GDP of other

a consequence, other countries will lose out to Indian companies in doing

South Asian countries, least developed countries as well as the rest of the

business with European nations.

world to a varying extent.


OERLIKON AD. (CDR FILE)

MAY-JUNE - 2008 19

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4TH ATEXCON AD. (CDR FILE)

20

MAY-JUNE - 2008

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Global NEWS

...news in brief

Hohenstein, Germany to detect manufacturing flaws Terrot offers Circular Inspecting product quality directly of the testing and the timetable to meet Knitting Machines

at the place of manufacture would help companies, which source goods

the individual customer's needs. The inspection team insists on conformity

worldwide to spot flaws in the manufacturing process at an early

with accepted prototype products, product compliance with European

stage and to avoid subsequent expenditure.

legislation on harmful substances, meeting international quality

At the Hohenstein Institutes in BĂśnnigheim, the main priority of the

standards, processing tested on site, and, contractual product properties

Inspection Service is to avoid expensive complaints. That's why

guaranteed. According to the Institute, the inspection team consists of specially

intervention at the earliest possible stage in the production process is

trained textile engineers and technicians who monitor ongoing

needed, according to the Institute. Hohenstein has customised the scale

production for compliance with the AQL standard (Acceptable Quality Level).

Turkish Authorities issue Notification on Cotton import Safeguards

At the trade fair TĂźy ap, Terrot presented four Circular Knitting Machines that met special interest of the visitors. The first of them was the S296-1 Open Width - Single-Jersey High Production with a new compact Open Width Frame. The backbone of the Turkish knitting industry was still the Single Knit Open Width market for which Terrot designed a very easy to use new mc which had been supplied from the fair to a well known knitting mill. S6F348 Single-Jersey 6-Colour Striper machine was another Terot creation. This new 6-colour striper was shown to the customers with the special Terrot speed-up function by which the

Turkish A uthorities

increased in the last

production output of striped fabrics were increased by up to 20 % wherever

have initiated Safeguard Measures on import of

years and the domestic market was harmed and

the design kept the same colours over more than 2 revolutions.

cotton yarn. Their notification says that the

it posed a serious threat.

TERROT invented the striper technology for knitting machines way

General Directorate for Import of Foreign Trade

The information provided by the domestic

back in 1950. The third machine was the UCC548T - Electronically controlled

Undersecretariat had received complaints from

manufacturers for the subjected items showed

Jacquard Double-Jersey machine with Transfer technique. The UCC548T was

the domestic manufacturers of the items falling under HS codes 5205,

that there was disruption in domestic production, rate of capacity utilization,

capable of producing very low weight fabrics with transfer designs for

5206 and 5207, covering cotton yarn (other than sewing thread), containing

domestic sales, end-of-period inventories, employment and

Lingerie that were in demand by high fashion producers because of the

85% or more by weight of cotton, not put up for retail sale (5205), cotton

profitability. The Rating Committee for the Safeguard Measures had decided

special optical surface of the fabrics. The last of the machines was the

yarn (other than sewing thread), containing less than 85% by weight

to initiate an investigation regarding the complaint of the subjected items and

UCC572M - Electronically controlled Jacquard Double-Jersey machine that

of cotton, not put up for retail sale (5206), and cotton yarn (other than

also decided to submit a proposal to the parliament in the framework of the

was a highly productive knitting machine meant for mattress tickings.

sewing thread) put up for retail sale (5207).

article 9.1 of the WTO agreement on Safeguard Measures regarding

The machine attracted attention and interest of the visitors as these fabrics

The complaint claimed that in the framework of the legislation regarding

exemption provided to the developing countries, to apply temporary

had been witnessing a strong growing market. With the added new 90

the Safeguard Measures on Import, the safeguard measures should be

measures for 200 days on import of the subjected items and to determine

feeders, the machine was a class by itself with a productivity increase of

applied on the import of these products since the import had

the additional measure of US $ 1.03 for each kg. net.

50% and nearly 30 kg/h production output. MAY-JUNE - 2008 21

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global news

Nanocoated boards to reduce friction on jacquard harnesses AGM Jactex has announced plans to introduce nanocoated comber boards which could be attached to jacquard machine harnesses that would ultimately lead to reduced friction on harnesses. In an interview, Mr. Mark Feer, CEO of the company said "the boards are made from a vulcanized regenerated cellulosic material which makes it more effective as it absorbs a little of the coatings. The harness cords will last longer on account of reducing the abrasion particularly at high speeds." Mr. Feer added "90% of the company's business

was generated from jacquard weaving sector, with rest of the contribution coming from accessories for the general weaving industries." The company is looking in to coatings being researched at universities across Switzerland that would help reduce friction on the harness, more particularly those set at an angle down from the jacquard machines to the loom. AGM Jactex was founded in 1997 from the sale of the textile division of AG Muller. The company has customers in more than 80 countries across the globe.

Texfair 2008 to see participation of 15 international buyers Texfair 2008, supported b y the Brazilian Textile and Apparel Industry Association would bring nearly 15 international buyers from countries like Costa Rica, France, Portugal, Colombia, Mexico and Canada, as well as journalists from England, Turkey and Italy. The visitors are coming to the country through sponsorship by Texbrasil, a program developed in partnership with Apex - Brasil. Texbr asil's mission was to support and prepare sector companies to present Brazilian products in the

German study says wearers prefer skin compatibility in apparel

international arena in a systematic manner. The program is aimed at

A study conducted by the German Oeko- Tex Certification Centre and

professionals provided this assessment in a BBE questionnaire administered in

administered by the consulting firm BBE Retail Experts, pointed out that

conjunction with CPD, the International Fashion Fair for Women's wear and

alongwith product quality and a fashionable appearance, important

Accessories which was held in D端sseldorf this January. Among

considerations among consumers was skin compatibility and proof of absence

consumers, awareness that the Oeko Tex Standard 100 was the best-known

of harmful substances in the apparel they used. Some 205 apparel

textile symbol on the German market, was high.

promoting business rounds that generate business opportunities between the exhibiters and international buyers. Textiles and apparel form the main industrial activity in the city of Blumenau.

African "Ks" a hit among art lovers The traditional garments of Africa, the Kitenge, Kangas and

24th World Apparel Convention in October

Kik oy, ha ve had a special place among the art lo vers world o ver.

The 24th W orld Apparel Convention, to be held in Maastricht,

manufacturing operations or none at all. Asian manufacturers are now

These rich and brilliant apparel had been attracting a lot of attention due

Netherlands, on October 29-31, 2008 hopes to provide insights and ideas on

looking at their national, more profitable, markets.

to their interesting combinations and patterns. The garments made of

many issues faced by companies all over the world today whose core

The change has seen the linear relationship between design, quality

100% cotton are thickly woven using bright colours in patterns & symbols

business is fashion or fashion-related. The changing consumer needs and the

and price getting lost as consumers ha ve more choices in clothes. Fashion

reflecting various moods, culture and customs of Africans. The domestic

future of the fashion business would be the theme of the Convention. In

is now perceived differently by consumers as they are more aware of

designers had been all along playing a vital role in making these national

developed countries, manufacturing companies had been converted to

various options available in the market. Many consumers are also

attires truly international. Kitenge was primarily worn by women as a wrap-

marketers and retailers. Large retailers have created successful

increasingly concerned environmental issues.

around, headscarf or as a baby sling. The African men used it by wrapping it

apparel brands that have either limited

22

MAY-JUNE - 2008

TEXTILE

TIMES

with

around the waist during hot weather.


...news in brief

CITI NEWS Efforts for addressing cotton problems CITI has been examining the

Dinner hosted in honour of Shri Santosh Bagrodia CITI hosted a dinner on 24th of May, 2008 at The Taj Mahal Palace & Towers, Mumbai in

means available to ensure that the spinning industry and the down stream

honour

segments of the textile chain in the country get the advantage of increased

appointed Minister of State for Coal in the Union Government.

production and improved quality of Indian cotton.

The function was well attended

A set of specific suggestions formulated by Office Bearers and

representatives from the other

senior members of the Confederation had been forwarded to the Textile Commissioner last month.

of

Shri

Santosh

Bagrodia, who has recently been

by textile industrialists and related industries and trade. While welcoming him, Mr. P.D. Patodia, Chairman, CITI thanked him for the immense help that the industry received from him

In the context of the continuing increase in cotton prices, there is a strong feeling in the industry that increased exports have been handing over the advantages of the country's cotton economy to the competitors in other Asian countries.

during his tenure as Chairman of the Department Related Parliamentary

Standing

Committee

Industry.

on

Participants in the function also requested the Minister for his help in managing the energy problems of the textile industry.

Subsequently, Mr. Shishir Jaipuria, Vice Chairman and the Secretary General met Mr. A.K. Singh, Secretary (Textiles) and Dr. J.N. Singh, Textile Commissioner and Joint Secretary in the Ministry of Textiles and explained the suggestions. In the context of the continuing increase in cotton prices, there is a strong feeling in the industry that increased exports have been handing over the advantages of the

Shri Bagrodia assured his continued

support

to

the

industry and stated that any coal shortage for the industry would be sorted out within a period of six months.

Follow up on Moratorium for Repayment of Term Loans Following the positive decision taken by the IBA and its circular issued

country's cotton economy to the competitors in other Asian countries.

on 9th May 2008 recommending a one year moratorium for repayment of term loans taken by textile units, CITI has been following up this issue with

In its efforts to safeguard the long term interests of both farmers and the

major banks. CITI Chairman has written to the Chairmen of all major banks requesting early implementation of the IBA decision.

industry, CITI has receiv ed some more suggestions from Past Chairmen

Mr. P.D. Patodia, Chairman CITI and Mr. R.K. Dalmia, Deput y Chairman have also met the Deputy Managing Director of State Bank of India (SBI)

and major users of cotton in the country, which will be examined and

and the Chairman and Managing Director of IDBI and requested that the IBA circular be considered by the Board of the banks for immediate

discussed by the Committee of CITI in its meeting scheduled for 18th June

implementation so that the textile and clothing industry could look forward to revival and growth and repayment of loans without any default. Meetings

2008 in Mumbai.

with the other banks are in the process. MAY-JUNE - 2008 23

TEXTILE

TIMES


24

TEXTILE

MAY-JUNE - 2008

TIMES 273.15

Nahar Spg.

83.60

Sutlej Industries

625.10

63.85

123.40

29.55

595.30

124.70

40.05

17.15

123.85

19.00

12938.09

279.45

78.20

218.70

26.70

725.20

70.10

67.45

22.65

177.55

20.00

74.10

441.65

345.25

825.05

--

162.00

255.00

1,690.30

3,010.75

52.95

122.00

2212.60

16.30

137.10

550.55

50.55

61.10

1194.85

21.55

100.55

Feb '07

* Source : BSE

17648.71

* Figures in Rs.;

BSE Index

* Figures till April 30th, 2008;

276.20 14090.92

Zodiac Cloth

91.05

Welspun India Ltd.

29.50 251.65

Vardhman Textile

Vardhman Spg. Gen

815.50

87.10

Suryalakshmi Spinning

Trent

27.10

216.55

Super Spinning

Siyaram Silk

25.00

Shree Rajasthan Syntex Ltd.

133.95

1359.15

625.90 72.10

357.35

1034.00

71.50

106.30

194.35

1690.00

392.95

S.Kumars Nationwide

Ruby Mills

Raymond Ltd.

1048.45

163.25

Nahar Industries

Ramco Industries

280.00

Loyal Textiles

1,897.25

Lakshmi Mills Company Ltd.

45.35 2069.15

54.15 3,538.50

87.05

2948.75

12.85

128.50

748.30

46.55

66.85

1998.00

21.20

68.90

Jan '08

131.60

Lakshmi Machine Works

Indo Rama Syn

Himatsingka Seide Ltd.

2,778.55

19.10

Ginni Filament

Grasim Industries

701.60 142.50

Bombay Dyeing

59.15

Arvind Mills

Century Enka

69.10

Alok Industries

1190.05

23.20

Aditya Birla Nuvo

107.6

Aarvee Denim

Jan '07

Abhishek Industries

Companies

17578.72

555.75

62.60

118.65

28.20

570.35

113.15

39.00

16.95

121.50

17.70

155.00

1071.25

342.20

868.50

69.15

90.00

194.90

1615.05

2029.90

44.00

80.50

2888.45

12.16

126.50

692.80

49.20

69.30

1713.90

19.30

73.70

Feb '08

13285.90

252.45

71.30

206.55

21.10

684.65

65.00

57.30

20.55

151.05

18.45

72.10

408.00

341.55

783.60

116.00

140.00

221.00

1,405.70

3,008.70

50.65

118.65

2091.25

15.40

124.85

540.85

43.50

57.05

1061.80

20.10

102.20

Mar '07

15644.44

451.00

45.15

103.75

25.90

525.10

92.90

30.90

13.40

96.50

15.90

88.40

766.40

297.65

759.85

55.10

87.05

171.50

1256.20

1597.30

34.65

60.55

2574.70

8.97

108.35

614.30

37.75

56.95

1394.90

16.40

77.20

Mar '08

13477.79

275.60

73.75

193.30

24.00

726.85

70.70

57.00

20.85

139.00

19.50

80.00

487.25

344.95

711.00

108.00

128.70

249.10

1,790.00

2,710.10

51.00

118.55

2,442.35

15.30

137.80

543.35

44.95

64.10

1,144.45

21.10

91.95

Apr '07

17287.31

441.10

52.80

121.90

26.50

526.15

117.00

36.10

15.17

113.45

16.60

105.20

1027.60

277.30

835.60

63.30

78.10

180.00

1,361.05

1705.50

39.40

54.90

2402.75

10.30

123.60

1024.55

51.90

65.35

1450.25

19.00

72.30

Apr '08

22.04

37.52

-39.68

-58.57

9.43

-38.15

39.57

-57.89

-37.44

-22.52

-17.47

23.95

52.58

-24.40

14.91

-70.62

-64.79

-38.39

-31.52

-58.90

-29.44

-115.94

-1.65

-48.54

-11.49

46.97

13.39

1.91

21.09

-11.05

% change from over last year -27.18

3848

529572

264880

36045

31277

24303

24762

460648

62987

64104

30774279

69321

615144

15945

432011

1257384

5706

3114

222682

260784

1546842

504733

236185

167570

8887941

38400796

10501453

375641

2039989

No. of Shares (Mar '08) 125024

Average Closing Prices, Volume of Trade and Turnover of Select Textile Mills on BSE*

Textile Share Movement - April 2008

239

5424

2637

294

1295

307

239

2252

1161

322

160247

2136

13538

468

4174

3173

96

507

14151

2804

9836

26423

1955

2401

220756

133202

49722

10229

7796

No. of Trades (Mar '08) 1086

textile share movement


textile exports

Cotton garments continue to enjoy the largest share Textile exports continued to witness growth. During April-December 2007-

was worth US$3375.63 million during April-December 2007-08.

December 2007-08 as against US$2777.98 million during April-

08, it saw a growth of 9.33 per cent. Exports were worth US$12002.10

In dollar terms, except for Man Made Fibre Garments, all segments

December 2006-07, a decline of 4.91 per cent. The only segment where USA

million during the period as against US$10977.60 million during the same

recorded a gain in exports during AprilDecember 2007-08 as compared to the

had seen a gain in its imports was Garments of Other Textile Materials

period of 2006-07. In rupee terms however, a similar comparison shows

same period of the previous year. The decline witnessed in Man Made Fibre

where it saw imports increase by 11.38 per cent.

that exports had declined by 3.13 per cent during the period as against the

Garments was to the extent of 12.89 per cent. Exports declined from

Turkey continued to record high growth in its imports. As compared to

same period of the previous year. Cotton Garments continued to

US$712.89 million during AprilDecember 2006-07 to US$621.02

imports that it had made during AprilDecember 2006-07, imports during

occupy the largest share in the export basket. During April-December 2007-

million during April-December 200708. In Rupee terms, the percentage of

April-December 2007-08 were 118.74 per cent higher. Turkey's imports were

08, the share of the segment was a good 43.20, only marginally down from

decline was 22.82 per cent. Among the segments that gained, the highest

worth US$388.29 million during AprilDecember 2007-08. The growth in its

the share of 43.25 per cent that it had occupied during the month of

growth was that of Manmade Textiles (29.28 per cent). This was followed

import were due to the high volumes of Cotton Textiles and Man made

November. Comparing the segment's share during April-December 2007-08

by Garments of Other Textile Materials which gained by 22.64 per cent. The

Textiles that it had imported during the period. In fact, these were the only

with that of the same period last year, shows a decline of 1.52 percentage

gain in segments other than these two, were lesser than 10 per cent.

segments where Turkey figured among the top ten importers.

points during the current period. In terms of share, Cotton Garments

USA continued to be the largest importer of textile products from India.

Exchange Rates Dec 2006 44.63

was followed by Cotton Textiles which occupied a share of 28.12 per cent in

USA also continued to see a decline in its imports. USA's imports were worth

total exports. Exports in the segment

US$2641.65 million during April-

Dec 2007 Apr-Dec'06-07 Apr-Dec'07-08

39.44 45.61 40.41

Summary Table - Exports Exports in

Exports in

Share in

Share in

April-Dec 2006-07

April-Dec 2007-08

April-Dec 2006-07

April-Dec 2007-08

(US$ Mn)

(US$ Mn)

(%)

(%)

Cotton Textiles

3092.28

3375.63

28.17

28.12

Man Made Textiles

1605.76

2075.85

14.63

17.30

Woolen textiles

63.07

64.47

0.57

0.54

4908.63

5184.66

44.72

43.20

MMF garments

712.89

621.02

6.49

5.17

Woolen Garments

273.35

286.03

2.49

2.38

Cotton garments

Garments of other textiles Total Exports

321.62

394.43

2.93

3.29

10977.60

12002.60

100.00

100.00 MAY-JUNE - 2008 25

TEXTILE

TIMES


textile exports

( December, 2007)

India’s Exports of Textile Products December December 2006

2007

Apr-Dec

Apr-Dec

% Change

’06-07

’07-08

between Apr-Dec ’06-07 & Apr-Dec ’07-08

Cotton Yarn, Fabrics, Madeups, etc.

Manmade Yarn, Fabrics, Madeups

Wollen Yarn, Fabrics, Madeups, etc.

Cotton Garments Incl Accessories

Manmade Fibre Garments

Wool Garments

Garments Of Othr Textile Matrl

Total

26

MAY-JUNE - 2008

TEXTILE

TIMES

US$ (Million)

321.26

322.44

3092.28

3375.63

9.16

Rs. (Crore)

1433.80

1271.70

14103.89

13640.92

-3.28

US$ (Million)

195.26

213.60

1605.76

2075.85

29.28

Rs. (Crore)

871.44

842.45

7323.88

8388.53

14.54

US$ (Million)

6.84

8.56

63.07

64.47

2.23

Rs. (Crore)

30.54

33.77

287.65

260.53

-9.43

US$ (Million)

601.57

538.94

4908.63

5184.66

5.62

Rs. (Crore)

2684.80

2125.58

22388.25

20951.23

-6.42

US$ (Million)

70.24

45.64

712.89

621.02

-12.89

Rs. (Crore)

313.47

180.02

3251.49

2509.53

-22.82

US$ (Million)

26.08

32.05

273.35

286.03

4.64

Rs. (Crore)

116.38

126.41

1246.75

1155.83

-7.29

US$ (Million)

38.70

49.05

321.62

394.43

22.64

Rs. (Crore)

172.72

193.44

1466.91

1593.89

8.66

US$ (Million)

1259.95

1210.28

10977.60

12002.10

9.33

Rs. (Crore)

5623.16

4773.36

50068.82

48500.47

-3.13


textile imports

Readymade Garments record highest growth seen an import growth of 11.00 per cent during the period as compared to

As compared to its exports during AprilDecember 2006-07, exports made

the same period of 2006-07. MMF Yarn with imports worth US$444.23 million

during April-December 2007-08 was a gain of 18.55 per cent. China continued

was the next biggest segment. The segment occupied a share of 26.87 per

to export the most in all segments except Woolen and Cotton Rags. In this

cent during the period. MMF Yarn that had witnessed a decline of 0.37 per cent

segment, the largest exporter was Bangladesh. Bangladesh's supplies in

during last month, saw a gain of 0.37 per cent during the current month.

the segment were worth US$2.83 million. As compared to its exports

Since the last few months, the highest growth in imports had been

during April-December 2006-07, exports made by them during April-

that of Woolen Textiles. This position was now occupied by Ready Made

December 2007-08 were over 200 times higher.

During April-October 2007-08,

Garments which recorded a 56.61 per cent growth during April-December

Other than China; Italy, Japan and Thailand saw gain in its exports.

India's imports of textile products were worth US$1653.12 million. Imports had

2007-08 as compared to the same period of 2006-07. The growth

Among these, the highest export growth was that of Italy (37.49 per

witnessed a gain of 8.29 per cent during the period as compared to the same

recorded by Woolen Textiles was 53.13 per cent. Imports of Ready made

cent). Among the countries that saw a

period of 2006-07. In Rupee terms, however, a similar comparison shows

Garments were worth US$81.37 million and that of Woolen Textiles, worth

decline in exports, the highest was that of Taiw an which saw its exports dip by

a decline to the extent of 4.05 per cent. Imports in Other Textiles, the

US$41.02 million. The top supplier, China, had

8.88 per cent.

segment that had the highest share in total imports (46.28 per cent), were

exported textile products worth US$740.31 million to India during April-

Exchange Rates Dec 2006 44.63 Dec 2007 39.44

worth US$765.00 million during AprilDecember 2007-08. The segment had

December 2007-08. This was a good 44.78 per cent of India's total imports.

Apr-Dec'06-07 Apr-Dec'07-08

45.61 40.41

Summary Table - Imports Imports in

Imports in

Share in

Share in

April-Dec 2006-07

April-Dec 2007-08

April-Dec 2006-07

April-Dec 2007-08

(US$ Mn)

(US$ Mn)

(%)

(%)

Woolen Yarn and fabrics

26.79

41.02

1.76

2.48

Cotton Yarn and fabrics

237.76

243.22

15.58

14.71

MMF Yarn

442.61

444.23

28.99

26.87

Made Ups

51.06

59.29

3.34

3.59

689.20

765.00

45.15

46.28

Readymade garments

51.96

81.37

3.40

4.92

Woolen and Cotton Rags

27.16

19.00

1.78

1.15

1526.53

1653.12

100.00

100.00

Other textiles

Total Imports

MAY-JUNE - 2008 27

TEXTILE

TIMES


textile imports

( December, 2007)

India’s Imports of Textile Products December December 2006

2007

Apr-Dec

Apr-Dec

% Change

’06-07

’07-08

between Apr-Dec ’06-07 & Apr-Dec ’07-08

Cotton Yarn, Fabrics, Madeups, etc.

Manmade Yarn, Fabrics, Madeups

Wollen Yarn, Fabrics, Madeups, etc.

Cotton Garments Incl Accessories

Manmade Fibre Garments

Wool Garments

Garments Of Othr Textile Matrl Rs. (Crore)

Total

28

MAY-JUNE - 2008

TEXTILE

TIMES

US$ (Million)

2.90

1.95

26.79

41.02

53.13

Rs. (Crore)

12.96

7.70

122.19

165.77

35.67

US$ (Million)

27.83

23.43

237.76

243.22

2.30

Rs. (Crore)

124.22

92.40

1084.41

982.86

-9.36

US$ (Million)

37.92

40.85

442.61

444.23

0.37

Rs. (Crore)

30.54

33.77

287.65

260.53

-9.43

US$ (Million)

4.96

5.80

51.06

59.29

16.11

Rs. (Crore)

22.14

22.86

232.89

239.58

2.88

US$ (Million)

66.82

65.69

689.20

765.00

11.00

Rs. (Crore)

298.20

259.06

3143.45

3091.37

-1.66

US$ (Million)

5.04

9.10

51.96

81.37

56.61

Rs. (Crore)

22.50

35.89

236.97

328.80

38.75

US$ (Million)

2.35

1.68

27.16

19.00

-30.05

10.48

6.61

123.86

76.76

-38.03

US$ (Million)

147.83

148.49

1526.53

1653.12

8.29

Rs. (Crore)

659.75

585.65

6962.51

6680.28

-4.05


data bytes March, 2008

Average Prices of Selected Cotton Varieties Cotton Prices from October, 2005 to April 2008 Bengal Deshi

(Rs. per candy, Ex- Mumbai)

V-797 J-34-SG (GUJ) (PNB)

Y-1 (MAH)

LRA5166 (AP)

NHH-44 (MAH)

Bunny

H-4MECH/1 (M.P.)

S-6/4 (GUJ)

MCU-5 (A.P.)

DCH-32 (KAR)

2005-06 October

14600

12935

16625

15935

16720

16130

19720

17640

19540

21395

34945

November

15850

13785

16985

16595

17410

16420

20390

18595

19265

22520

40710

December

15995

15525

17825

17530

18680

17950

23290

19320

20040

24560

47705

January

15305

15840

17460

17250

18760

17575

22700

19225

20640

25895

50145

February

14400

13095

16910

15920

17575

16370

21290

18555

20195

24675

44235

March

14285

12705

17020

15515

17640

16110

21290

18600

20215

24360

44445

April

15100

13110

18030

16165

18135

16825

21910

18960

20595

24555

46275

May

15140

12930

18110

15860

17655

16170

21320

18345

19990

23675

46415

June

15295

13630

18505

15975

17645

16270

21180

18370

20050

22760

46415

July

16245

14580

18890

16490

18200

17080

21215

19145

20670

22700

45720

August

16915

16215

19535

17470

19755

18010

22055

20305

22055

23800

44775

September

16580

15415

18985

17965

19285

18370

22335

20180

21660

23645

42780

2006-07

(O.C)

(O.C)

(N.C)

(O.C)

(O.C)

(O.C)

(O.C)

(N.C)

(O.C)

(O.C)

(O.C)

October

16370

14730

17785

17575

18555

17900

21835

19650

20630

23145

42590

November

16305

14730

17395

17075

18275

17510

20470

19045

20030

28905

35590

(N.C)

(N.C)

(N.C)

(N.C)

(N.C)

(N.C)

December

15825

14660

17435

17010

18220

17600

20630

19045

19920

28825

35495

January

15630

14610

17310

16755

17955

17550

20250

18935

19805

23405

35495

February

15690

15595

18365

18415

19350

18515

21085

19955

20360

23575

36200

March

16375

16945

19910

19470

20270

19760

22300

20835

21390

24445

36580

April

16650

17520

20310

19770

20610

20420

22910

21025

21600

24535

35805

May

16520

16685

20420

19240

19965

19495

22390

20370

21090

24455

35485

May

16520

16685

20420

19240

19965

19495

22390

20370

21090

24455

35485

June

16810

17025

20795

19440

20120

19715

22425

20755

21310

24455

35205

July

17800

18175

21740

20415

21505

20890

23360

21910

22460

24795

35625

August

17840

17790

21740

20635

21880

21270

23375

22125

22770

25005

35530

September

17465

17715

20940

20795

21880

21180

23540

22355

23245

25005

35485

October

17280

17415

19330

20420

20815

20725

22430

21255

21985

25005

33100

November

18775

17135

19970

20200

20850

20520

22055

21180

21835

23145

31660

December

18785

17135

20640

20125

20675

20630

22440

21100

21930

23395

31660

January

19060

18735

21610

21080

21750

21320

23245

22055

23120

24130

32325

February

18840

18710

22045

21530

22270

21800

23930

22820

23745

24520

33340

March

20475

19105

21110

21845

22965

22355

25060

23610

24740

26770

34395

April (P)

21615

18990

22700

22495

23695

23035

25550

24115

25110

27190

34395

2007-08

(P)= Provisional Figures

Source: Cotton Association of India, Mumbai MAY-JUNE - 2008 29

TEXTILE

TIMES


data bytes US Import of Textiles (Year-To-Date) Value (Million $) March ‘07

Quantity (Mn. sq. mtrs.)

March ‘08

March ‘07

UVR ($/sq. mtrs.)

March ‘08

Share in Imports (%)

March ‘07

March ‘08

1.8

March ‘07

March ‘08

Total Imports World

22666.24

21796.47

12406.71

11838.77

1.8

China

6996.80

6619.79

4500.98

4425.32

1.6

1.5

30.87

30.37

India

1408.61

1473.28

717.23

721.12

2.0

2.0

6.21

6.76

714.79

690.29

769.09

684.60

0.9

1.0

3.15

3.17

6.64

Pakistan

Yarns World

378.79

346.23

891.50

747.684

0.4

0.5

China

20.22

22.97

60.37

84.096

0.3

0.3

5.34

India

17.60

15.33

53.12

41.929

0.3

0.4

4.65

4.43

Pakistan

18.21

7.18

60.09

23.6

0.3

0.3

4.81

2.07

World

1293.26

1292.69

2108.10

1977.79

0.6

0.7

China

225.67

254.31

361.51

385.43

0.6

0.7

17.45

19.67

India

43.03

48.51

102.30

105.78

0.4

0.5

3.33

3.75

Pakistan

44.95

26.52

77.45

470.48

0.6

0.1

3.48

2.05

0.9

Fabrics

Made ups/Misc. World

3527.91

3576.88

3969.13

3921.31

0.9

China

1854.17

1915.42

2422.71

2427.65

0.8

0.8

52.56

53.55

India

417.43

469.54

313.14

320.45

1.3

1.5

11.83

13.13

Pakistan

329.44

339.87

472.70

460.26

0.7

0.7

9.34

9.50

3.2 26.69

Apparel World

17466.28

16580.67

5437.98

5191.98

3.2

China

4896.75

4426.09

1656.38

1528.15

3.0

2.9

28.04

India

930.55

939.90

248.67

252.96

3.7

3.7

5.33

5.67

Pakistan

322.20

316.73

158.85

153.68

2.0

2.1

1.84

1.91 Source: OTEXA

Progress of Tufs Period

Applications Received No.

Cost of Project

(In Mn. Kgs.) Applications disbursed

Applications sanctioned No.

Project

Amount

No.

Amount

1999-2000

407

5771

309

5074

2421

179

746

2000-2001

719

6296

616

4380

2090

494

1863

2001-2002 2002-2003

472 494

1900 1835

444 456

1320 1438

630 839

401 411

804 931

2003-2004

867

3356

884

3289

1341

814

856

2004-2005

986

7941

986

7349

2990

801

1757

2005-2006

1086

16194

1078

15032

6776

993

3962

6248 475.32

50154 209.7

6217 476.72

48145 220.29

19863 193.14

6123 516.62

16530 317.18

2684

12076

2678

12494

5030

2614

6496

383

4294

390

4313

1701

370

1353

600.78

181.2

586.67

189.68

195.63

606.49

379.98

11279

93447

10990

86026

36950

10216

27449

2006-2007 (%) variation March, 2007 (P) March, 2006 (%) variation March, 2007 March, 2006 As on 31.03.2007

Note:-Since the format for submission of data has been revised, some of the lending agencies have still not submitted their data for the month of March-07 and the same will be incorporated as and when received.

30

MAY-JUNE - 2008

TEXTILE

TIMES

Source: Office of the Textile Commissioner, Mumbai


data bytes Production of Fabrics in Different Sectors 2003-04

2004-05

2005-06

2006-07

(Mn. Sq. Mtrs.) 2007-08

2007-08 (A)

(Apr-Oct) (P) Mill Sector Cotton

969

1072

1192

1305

1131(-1200)

1235

Blended

253

243

100% Non Cotton

212

211

252

330

372(-300)

403

212

111

95(-102)

Total

1434

1526

1656

106

1746

1598(-1602)

1744

Cotton

4519

4792

117

146

5236

5717

5576(-5197)

6242

145

99

110(-88)

106 726

Handloom Sector Blended 100% Non Cotton

857

784

727

720

685(-652)

Total

5493

5722

6108

6536

6371(-5937)

Cotton

6370

7361

8821

9647

9132(-8808)

10550

Blended

4688

4526

4632

5025

4457(-4641)

5451

Decentralised Power Looom Sector

100% Non Cotton Total

15889

16438

17173

18207

17562(-16470)

19303

26947

28325

30626

32879

31151(-29919)

35304

Decentralised Hosidery Sector Cotton

6182

7430

8624

9569

9058(-8706)

10618

Blended

1010

1117

1269

1428

1296(-1283)

1607

100% Non Cotton Total

655

565

525

507

368(-472)

420

7847

9112

10418

11504

10721(-10461)

12645 28645

All Sectors Cotton

18040

20655

23873

26238

24897(-23911)

6068

6032

6298

6882

6234(-6312)

7567

100% Non Cotton

17613

17998

18637

19545

18710(-17696)

20555

Total

41721

44685

48808

52665

49841(-47919)

56767

662

693

769

724

663(-663)

724

42383

45378

53389

50504(-48582)

57491

Blended

Khadi, Wool & Silk Grand Total

49577

P = Provisional; A = Annualised Figure Figures in bracket indicate the corresponding figures of the previous year.

Source: O/o the Textile Commissioner

Growth in Capacity of Cotton / Manmade Fibre Textile Mills (Non SSI) Year

No. of Mills Spinning

Composite

Installed Capacity Total

Spindles

Rotors

(Mn.)

0

Looms 0

31-03-1997

1438

281

1719

33.15

276

124

31-03-1998

1504

278

1782

33.88

313

124

31-03-1999

1543

281

1824

34.72

383

123

31-03-2000

1565

285

1850

35.10

392

123

31-03-2001

1565

281

1846

35.53

394

123

31-03-2002

1579

281

1860

35.75

409

123

31-03-2003

1599

276

1875

36.10

379

119

31-03-2004

1564

223

1787

34.02

383

88

31-03-2005

1566

223

1789

34.24

385

86

31-03-2006

1570

210

1780

34.14

395

73

31-03-2007

1608

200

1808

35.61

448

69

31-03-2008

1597

176

1773

39.07

621

71

(P)= Provisional

Source: O/o the Textile Commissioner MAY-JUNE - 2008 31

TEXTILE

TIMES


data bytes Production of Spun Yarn (SSI & Non-SSI Units) Month / Year

(in Mn. Kgs)

Production of Yarn Cotton

Blended

100% N.C.

G. Total

2002-03

2177.16

584.61

319.61

3081.37

2003-04

2120.71

589.33

341.76

3051.80

2004-05

2272.26

584.97

366.29

3223.52

2005-06

2520.87

588.11

349.31

3458.29

2006-07 (P)

2823.59

635.1

354.6

3813.39

2006-07 (April-Dec)

2104.95

479.28

264.32

2848.55

2007-08 (April-Dec)

2216.46

507.90

283.22

2997.58

5.30

5.97

7.15

5.23

% Change (P)= Provisional

Source: O/o the Textile Commissioner

Production of Manmade Filament Yarn Month/ Year

(in Mn. kg.)

Filament yarn Viscose

Polyester

Nylon

Poly propylene

Total

2002-03

50.8

995.37

29.73

24.41

1100.31

2003-04

53.17

1013

30.99

20.82

1117.98

2004-05

53.56

1003.63

35.41

16.3

1108.9

2005-06

53.09

1075.82

36.84

13.58

1179.33

2006-07 (P)

53.98

1270.83

32.25

13.41

1370.48

2006-07 (April-Feb)

49.27

1158.03

29.64

12.17

1249.08

2007-08 (April-Feb)

47.12

1296.75

25.18

9.64

1378.69

% Change

-4.36

11.98

-15.05

-20.79

10.38

(P)= Provisional

Source: O/o the Textile Commissioner

Production of Fibres Synthetic

Raw Cotton

As on

(Oct-Sept)

(In Mn. Kgs.)

PSF

ASF

PPSF

Cellulosic

Sub

VSF

Total

22002-03

2312

582.13

105.27

2.46

224.61

914.47

2003-04

2907

612.58

117

2.74

221.01

953.33

2004-05

4131

644.16

127.61

2.88

247.95

1022.6

2005-06

4097

628.15

107.81

3.08

228.98

968.02

2006-07 (P)

4760

791.99

97.13

3.52

246.83

1139.47

2006-07 (April-Feb)

--

720.97

90.23

3.21

223.24

1037.68

2007-08 (April-Feb)

--

809.73

73.23

3.19

254.13

1140.28

% Change

--

12.31

-18.84

-0.62

13.84

9.89

Source: O/o the Textile Commissioner

P=Provisional

32

MAY-JUNE - 2008

TEXTILE

TIMES


ex p o r t wa t c h

YnFx Yarn Price List - 25th April 2008 Cotton

Shankar 6 MCU-5 CURRENT 1 YR AGO CURRENT 1.58 1.37 1.65 Cotton Combed Yarn YARN TYPE CURRENT 1 MO. AGO 20s CH 2.41 2.40 30s CH 2.70 2.70 40s CH 2.97 2.98 20s CW 2.46 2.55 30s CW 2.74 2.75 40s CW 3.03 3.03 Polyester Staple Fiber DENIER CURRENT 1 MO. AGO 0.80 NA NA 1.20 NA NA 1.40 NA NA 1.50 1.50 1.52 7D NA 1.50 14D NA NA Viscose Staple Fiber DENIER CURRENT 1 MO. AGO 1.2D Du NA NA 1.5D Du 2.96 2.96 1.5D Br 2.83 2.83 Blended (65/35)

Filament Yarn

Textured Yarn

Bunny 1 YR AGO CURRENT 1.48 1.62 MAR EXP 2.33 2.63 2.87 NA 2.60 2.96

YARN TYPE 20s KH 24s KH 30s KH 20s KW 24s KW 30s KW

MAR EXP NA NA NA NA NA NA

YARN TYPE 20s 30s 40s 50s 60s

MAR EXP NA NA NA

YARN TYPE 20/1 OE 30/1 OE 20/1 Ring 30/1 Ring

Polyester / Cotton YARN TYPE CURRENT 1 MO. AGO MAR EXP 8s NA NA NA 10s NA NA 2.08 20s 2.50 2.45 2.33 30s 2.72 2.70 2.50 40s 2.91 2.90 2.94 50s NA NA NA 60s NA NA NA Polyester Filament Yarn YARN TYPE CURRENT 1 MO. AGO MAR EXP 70/34 1.69 1.67 NA 130/34 1.57 1.57 NA 250/34 2.00 1.96 NA

YARN TYPE 75/34 150/48 75/72 75/108 150/108

Polyester Textured Yarn CURRENT 1 MO. AGO MAR EXP 2.00 2.00 NA 1.85 1.80 NA 2.15 2.10 NA 2.20 2.15 NA 2.03 1.97 NA

YARN TYPE 10s 15s 20s 30s 40s 50s 60s YARN TYPE 20/1 SD 40/10 SD 20/1 Br 44/24 Br 70/24 Br

Cotlook A 1 YR AGO CURRENT 1 YR AGO 1.46 1.69 1.26 Carded CURRENT 1 MO. AGO MAR EXP 2.23 2.20 2.27 2.35 2.35 2.40 2.48 2.45 2.33 2.26 2.23 2.20 2.36 2.35 2.26 2.51 2.52 2.60 100% Polyester Spun Yarn CURRENT 1 MO. AGO MAR EXP 1.95 1.90 1.97 2.20 2.15 2.12 NA NA 2.46 NA NA NA NA NA 2.76 100% Viscose Spun Yarn CURRENT 1 MO. AGO MAR EXP 3.10 3.00 NA 3.25 3.15 3.41 3.00 3.10 3.15 3.20 3.35 3.15 Polyester / Viscose CURRENT 1 MO. AGO MAR EXP 2.39 2.37 NA 2.50 2.47 NA 2.54 2.56 NA 2.62 2.66 2.79 3.00 3.03 3.13 NA NA MA NA NA NA Nylon Filament Yarn CURRENT 1 MO. AGO MAR EXP 5.20 5.25 NA 4.20 4.20 NA 5.40 5.50 NA 4.30 4.30 NA 4.10 4.10 NA Exchange rate on 25/04/08-40.14

Note: Export price is the Mode Price of all the respective yarn type. In case where the Mode could not be calculated, prices have been Averaged. Exp prices-are the actual FOB prices and may contain portion of commission.

Centerac India Private Ltd. Doulatram Mansion, St. Kittridge Road, Colaba , Mumbai - 400 005, India Tel: 91 22 66291050; Fax: 91 22 22023563; Email: sales@ynfx.com; Website: www.YnFx.com

MAY-JUNE - 2008 33

TEXTILE

TIMES


survey

YnFx Business Confidence Survey Report The 11th Quarterly Survey on the

reached over US$100 in the beginning

No. of mills

Business Confidence of Indian textile companies indicates a more confident

of 2008, thus also raising petrochemical prices. Howeve r,

Spindles (mln)

textile industry in the next three months. Following a set back on the

synthetic yarn manufacturers had a natural hedge, as the adverse effect

Looms (Mills)

1,777 34.87

Rotors

460,000 56,000

of their exports getting expensive was set off by cheaper imports of their raw

Knitting machines Workers (Nos)

940,000

Confidence survey, as the situation has stabilized.

material. About the constraints faced by the

Powerloom units

440,865

Powerlooms

2.00 mln

The Business Confidence Index which reflects the expectation of the

sector, over 50% of the respondents pointed Electricity power to be the

Handlooms

3.89 mln

textile industry in the current quarter showed some recovery. The Index

biggest hurdle while 30% asserted that the demand was not present. Labour

stood at 72.09 for the quarter January -March, 2008 as against 70.19 in the

and infrastructure constraints.

other

prices. Howev er, synthetic y a r n manufacturers have a natural hedge,

last quarter. Among all the respondents 58% expected a better current quarter

Indian Textile Industry Recent Trends

as the adverse effect of their exports getting expensive was set off by

as compared to 48% in the last survey. The Current Status Index showing

Though the current fiscal 2007-08, has seen growth in textiles, a weak

cheaper imports of their raw material. Total yarn production increased

the business conditions in the OctoberDecember 2007 as expected declined

dollar, high cotton prices and global competition has given a tough time to

7% in 2007-08 compared to the 11% increase in 2006-07. Total spun yarn

by 15%. About 58% of the respondents thought the current status

the sector. This was in a year with over 9% economic growth and a

production being 2.9 million tones of which cotton yarn production was 2.2

to be about the same and the ones who thought it was better - made up

record cotton production of 30 million bales. Man-made yarn manufacturers

million tones. According to Index of Industrial

only 14% of the respondents. This shows that the bottom lines are still

also had to face record raw material prices. Crude oil price reached over

Production (IIP) data, Cotton yarn production increased by 5.7% and

under pressure. The Margin Expectations Index,

US$100 a barrel in the beginning of 2008, thus also raising petrochemical

cotton cloth production increased by 4.2%, while wool, silk and man-made

exports side due to a strong rupee, as indicated by the last Business

which indicates the future profitability, is lower by 15%. High crude oil and

were

450

Share in world (spindleage)

19.6

Textiles Production

cotton prices have stretched raw material costs. Only about 47% of the

Cotton

respondents expect the prices of their raw material to be the same and 35%

(Mln. kgs.)

Fibers MMFs

Total

Spun

Yarns Filament

Total

(Mln. kgs.)

Cloth prodn (Mln sq. mtrs.)

of the respondents thought that raw material prices will jump in the current

1999-00

2,652

835

3,487

3,046

894

3,939

38,626

2000-01

2,380

904

3,284

3,160

920

4,080

39,675

quarter. Though the current fiscal 2007-08,

2002-02

2,686

834

3,520

3,101

962

4,063

41,390

has seen growth in the Indian textile sector, a weak dollar, high cotton

2002-03

2,312

914

3,226

3,081

1,100

4,182

41,311

2003-04

2,907

953

3,860

3,052

1,118

4,170

41,721

prices and global competition has given a tough time to the sector. This

2004-05

4,131

1,023

5,154

3,224

1,109

4,332

44,685

2005-06

4,097

967

5,064

3,458

1,179

4,638

48,808

was in a year with over 9% economic growth and a record cotton production

2006-07

4,760

1,139

5,899

3,813

1,370

5,184

52,689

of 30 million bales. Man-made yarn manufacturers also had to face record

2006-07

943

943

2,848

1,010

3,858

39,317

2007-08

855

855

2,994

1,124

4,118

40,660

raw material prices. Crude oil price

34

MAY-JUNE - 2008

TEXTILE

TIMES

Apr-Dec


survey Spun Yarn and Fabric Production Yarn (million kgs.) Cotton Blended Yarn Yarn

fibre textiles by 4.5% compared to the corresponding period in 2006.

Cloth (million sq.mtrs)

100% Non Cotton Yarn

Total Cotton Blended Yarn Yarn

100% Non Cotton Cloth

Total

The overall production of fabrics increased by 3.4% in the period AprilDecember compared to 7.7% increase in 2006-07. The growth in the Mills

1999-00

2,204

621

221 3,046 18,989

5,913 13,724 38,626

2000-01

2,267

646

248 3,160 19,718

6,351 13,606 39,675

2002-02

2,212

609

280 3,101 19,769

6,287 15,334 41,390

2002-03

2,177

585

320 3,081 19,300

5,876 16,135 41,311

2003-04

2,121

589

342 3,052 18,040

6,068 17,613 41,721

2004-05

2,272

585

366 3,224 20,655

6,032 17,998 44,685

2005-06

2,521

588

349 3,458 23,873

6,298 18,637 48,808

2006-07

2,824

635

355 3,813 26,225

6,881 19,583 52,689

(SITP) launched in 2005 have been approved for continuation in the 11th

2006-07

2,105

509

234 2,848 19,512

5,226 14,579 39,317

2007-08

2,204

536

254 2,994 20,276

5,118 15,266 40,660

Five Year Plan. The Indian textile market can be

Apr-Dec

Production of Man-made Fibres and Filaments (Mln kgs) Polyester Fibre

Viscose

Fil. Fibre

Acrylic Nylon Polypropylene Total %chg

Fil.

Fibre

Fil.

Fibre

Fil.

sector was negative whereas in the Powerlooms was 3% and in the Handlooms was 7.5%. The two flagship schemes of the Ministry of Textiles, namely the Technology Upgr adation Fund Scheme (TUFS), launched in 1999 and the Scheme for Integrated Textile parks

broadly be classified into three categories based on consumption, that is the domestic house hold sector contributing 60% of the consumption,

1999-00

551

801

202

49

79

26

2

17

1,729

2000-01

566

820

236

55

99

26

2

18

1,824

2002-02

551

866

185

48

95

28

2

20

1,796 -1.5

2002-03

582

995

225

51

105

30

2

24

2,015 12.2

2003-04

613 1,013

221

53

117

31

3

21

2,071

2.8

2004-05

644 1,004

248

54

128

35

3

16

2,132

2.9

2005-06

628 1,076

228

53

108

37

3

14

2,146

0.7

2006-07

792 1,271

247

54

97

32

4

13

2,509 16.9

industry seems to be coming back even as the margins are expected to

1,864

tighten. Manufacturers are facing both higher raw material prices both for

5.5

Apr-Dec 2006-07

598

935

179

40

75

25

3

10

2007-08

674 1,057

208

39

58

20

3

8

2,067 10.9

Trends in Textiles Exports (US$ Mln) 2002-03 2003-04 2004-05 2005-06 Fibres

2006-07

59

266

182

742

1,550

Yarn/fabric/madeups Of cotton

5,085 3,351

5,593 3,395

5,887 3,450

6,416 3,945

6,812 4,137

Of manmade fibre Of silk

1,372 311

1,761 379

1,963 405

1,958 428

2,165 427

Of wool Readymade garments

51 5,690

58 6,445

70 6,777

85 8,618

84 8,695

Of cotton Of manmade fibre

4,445 727

4,790 768

5,044 739

6,554 1,026

6,752 871

Of silk Of other material

137 162

379 229

405 241

261 407

257 452

Of wool Carpets

218 533

280 586

636 636

853 853

887 887

Jute Coir products

188 73

242 78

276 106

296 133

258 156

785 12,413

500 13,709

377 #####

462 #####

372 18,730

Handcraft (Excl Carpet) Total

the industrial and technical textiles and the export sector which contributes 19% of the consumption. With a robust economic growth and urbanization, domestic house hold sector will play a vital role in the future development. Conclusion The confidence of the textile

natural and man-made fibers. Inspite of a bumper cotton crop of 30 million bales cotton prices are at its highest, not just domestic but global. Crude oil price is over US$100 a barrel. The last Business Confidence survey showed week expectations which has now reflected in the current status index. Probably among lack of infrastructure, shortage of power is the most daunting whereas an economic slowdown is also threatening. No matter how hard the conditions are and how uncertain the future, modern technology is the only way and more than half the firms are willing to go ahead with tech up gradations. Along with better technology, developing new products is about to be the choice of MAY-JUNE - 2008 35

TEXTILE

TIMES


survey the Indian textile Inc followed by diversifying into new markets. Respondents had strong perceptions of the destination from which growth could possibly come. Expectations of Europe as a major destination for growth just got stronger followed with Asia and South America. On the production side, there has been a slow down in production. Total yarn production has increased by 7% in 2007-08 and fabric production increased 3.4% in April-December, 2007. Appendix I: Statistical Tables YnFx Textile Business Indices For qtr ended

Current

Business

Margin

Status Index

Confidence Index

Expectation Index

March 2005

75.00

June 2005

66.13

86.54

50.00

September 2005

80.26

83.87

48.39

December 2005

82.50

81.58

50.66

March 2006

78.21

87.50

51.25

June 2006

69.32

85.90

48.72

September 2006

75.53

81.82

49.43

December 2006

54.17

88.30

53.72

March 2007

73.91

84.38

52.08

78.26

51.09

70.19

54.90

72.09

47.67

June 2007 September 2007

50.96

December 2007

43.02

March 2008

Centerac India Private Ltd . Doulatram Mansion, St . Kittridge Road, Colaba, Mumbai - 400 005, India Tel: 91 22 66291050; Fax: 91 22 22023563; Email: sales@ynfx.com; Website: www.YnFx.com

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