The Indian textile and apparel market size was estimated to be Rs 2,73,000 crores ($58 billion) in 2011 and is projected to grow at per cent CAGR to Rs 6,64,000 crores ($141 billion) by 2021, says the latest Technopak study ‘Textile and Apparel Compendium 2012’. The global textile and apparel trade by the next decade will be worth $662 billion by then clocking in a CAGR of 5 per cent. The study was launched at the 8th Technopak Leadership Forum on Fashion-Textiles and Apparel held in Mumbai recently. The event saw the who’s who of the textile and fashion industry sharing their expertise in panel discussions on various issues related to the industry. The panellists and speakers included: Bashir Ali Mohammad, President-ITMF & Chairman- Gul Ahmed Textiles Mill, Dilip Jiwrajka, MD, Alok Industries; S K
Indian textile, apparel industry to be $141 bn by ’21, Technopak study
The Indian textile and apparel market size was estimated to be Rs 2,73,000 crores ($58 billion) in 2011 and is projected to grow at per cent CAGR to Rs 6,64,000 crores ($141 billion) by 2021, says the latest Technopak study ‘Textile and Apparel Compendium 2012’. The global textile and apparel trade by the next decade will be worth $662 billion by then clocking in a CAGR of 5 per cent. The study was launched at the 8th Technopak Leadership Forum on Fashion-Textiles and Apparel held in Mumbai recently. The event saw the who’s who of the textile and fashion industry sharing their expertise in panel discussions on various issues related to the industry. The panellists and speakers included: Bashir Ali Mohammad, President-ITMF & Chairman- Gul Ahmed Textiles Mill, Dilip Jiwrajka, MD, Alok Industries; S K
Uranium should be on government agenda, ERA says
Uranium ore stockpiles at the Ranger mine site (Image: ERA)
The chairman of Energy Resources of Australia (ERA) has called on Australian governments to embrace the potential to expand the country's uranium mining industry and be prepared for an expansion in nuclear power generation worldwide.
Addressing shareholders at the company's annual general meeting in Darwin yesterday, Peter Mansell said that, with a third of the world's total undeveloped uranium reserves, the potential to expand Australian uranium mining was real.
"Australia already has a market for its product," he said. "Currently there are 25 bilateral nuclear cooperation agreements covering 43 countries to export our uranium oxide; Australia should be looking to capitalise on the eventual rebound in demand for uranium oxide and be prepared for an expansion in the nuclear power generating industry, especially in developing countries."
ERA, which is majority owned by Rio Tinto, operates the Ranger uranium mine in Australia's Northern Territory. The mine produced its first uranium oxide in 1981. Open cut mining in Pit 3 ended in December 2012, since when processing has continued using stockpiled ore. Ranger produced 2294 t U3O8 in 2017, with production guidance for 2018 of 1600-2000 tU3O8 from existing ore stockpiles.
The company is progressively rehabilitating the site, which is surrounded by the Kakadu National Park, in a project set to continue to 2026 at an estimated total cost of around a billion dollars. Mansell said completion of rehabilitation work to the highest standards is critical to retaining trust and respect from stakeholders, giving rise to future opportunities for ERA and for the industry as a whole.
"Often forgotten, is the need for us to make sure that the buyers of our uranium oxide are able, in the face of resistance to nuclear power, to talk proudly about the responsible mining (and mine site rehabilitation) of their suppliers in Australia. As much as good rehabilitation gives us a licence to operate, so too does the nuclear power industry need to be able to talk about its licence to operate - and our behaviour, as their suppliers, is key to their message," he said.
As well as the Ranger stockpiles, ERA's principal assets include the Ranger 3 Deeps resource and the Jabiluka mineral lease. The company announced in 2015 that the Ranger 3 Deeps project would not progress to a final feasibility study because of market conditions and economics.
"Given the market has seen little improvement since that time, the Ranger 3 Deeps decline and associated infrastructure has remained under care and maintenance," CEO Paul Arnold said, adding that the Ranger 3 Deeps mineral resource, based on an updated resource model, equates to 43,858 t U3O8.
The Jabiluka lease remains under long-term care and maintenance in accordance with an agreement with the land's Traditional Owners. Jabiluka's JORC-compliant mineral resources are 137,107 t U3O8 at a cut-off grade of 0.2% U3O8.
Researched and written: by World Nuclear News, Source: http://www.world-nuclear-news.org
Second Presidential Debate: Clinton, Trump spar over lewd comments, emails
St. Louis (US): Republican Donald Trump and his Democratic rival Hillary Clinton sparred over a number of issues including the billionaire’s lewd comments about women and the former State Department Secretary’s deleted emails, in the second presidential debate here on Sunday night.
The two presidential nominees accused each other with Clinton saying Trump was “not fit to be the President”, while the billionaire taking on her over the whole birther claim against President Barack Obama, saying: “You owe Obama an apology.”
Beginning the debate, CNN’s Anderson Cooper asked about the 2005 video in which Trump made lewd comments about women, saying: “You bragged that you sexually assaulted women — do you understand that?”
Responding to Cooper, Trump said: “No that’s not what I said. This was locker room talk… I am not proud of it but this is locker room talk.”
He then pivoted to terrorism and “bad things happening” in the world.
Taking on Trump over the issue of lewd comments, Clinton said: “I’ve spent a lot of time thinking over the last 48 hours about what we heard and saw.”
Clinton said though she had differences on policies and principles with the Republican candidates in the past but for Trump, she said: “…he was not fit to be president and commander in chief.”
“I think it’s clear to anyone who heard it (video) that it represents exactly who he is. We’ve seen him rate women on their appearance, ranking them from one to 10… it’s not only women, it’s not only this video… This is who Donald Trump is,” she added.
Trump then accused former President and the Democrat’s husband Bill Clinton of doing much worse than talking about sexual assault.
Clinton quoted US first lady Michelle Obama saying: “When they go low, we go high.”
Trump then targeted Clinton on the email issue and said: “If I win, I am going to instruct my attorney general to get a special prosecutor to look into your (email) situation… you ought to be ashamed of yourself,” he said.
Clinton responded: “Everything he just said is absolutely false and I am not surprised.”
There was also a moment in the debate when Trump insisted Clinton to answer the question about healthcare first, after nearly jumping in to answer despite it not being his turn. “Go ahead, I’m a gentleman,” he quipped.
Clinton called reining in the cost of the Affordable Care Act the highest priority of the next president. She “agrees” that premiums have gotten too high.
Clinton added she wants to save what works with Obamacare but warned repealing it wholesale would lose all those benefits that came with the new healthcare system.
“Obamacare will never work. It’s very bad health insurance,” Trump said, insisting that it is too expensive.
Trump claimed Clinton “acid washed” 33,000 personal emails to delete them, something he said was an “expensive process”.
When asked by a woman in crowd about Muslims in the US being targeted and facing hate crime, Trump said: “Muslims have to report it when they see hate going on. Muslims have to report the problems when they see them.”
Trump also spoke about the parents of the dead and the Gold Star Iraq war soldier. “Captain Khan is an American hero… if I were president at the time he’d be alive today,” he said.
“I would not have had our people in Iraq, Iraq was a disaster.”
On his proposed Muslim ban, Trump said: “This is the greatest Trojan horse of our time. I don’t want to have hundreds of thousands of people coming in from Syria when we know nothing about their values, nothing about their love for our country.”Source: ummid.com
The two presidential nominees accused each other with Clinton saying Trump was “not fit to be the President”, while the billionaire taking on her over the whole birther claim against President Barack Obama, saying: “You owe Obama an apology.”
Beginning the debate, CNN’s Anderson Cooper asked about the 2005 video in which Trump made lewd comments about women, saying: “You bragged that you sexually assaulted women — do you understand that?”
Responding to Cooper, Trump said: “No that’s not what I said. This was locker room talk… I am not proud of it but this is locker room talk.”
He then pivoted to terrorism and “bad things happening” in the world.
Taking on Trump over the issue of lewd comments, Clinton said: “I’ve spent a lot of time thinking over the last 48 hours about what we heard and saw.”
Clinton said though she had differences on policies and principles with the Republican candidates in the past but for Trump, she said: “…he was not fit to be president and commander in chief.”
“I think it’s clear to anyone who heard it (video) that it represents exactly who he is. We’ve seen him rate women on their appearance, ranking them from one to 10… it’s not only women, it’s not only this video… This is who Donald Trump is,” she added.
Trump then accused former President and the Democrat’s husband Bill Clinton of doing much worse than talking about sexual assault.
Clinton quoted US first lady Michelle Obama saying: “When they go low, we go high.”
Trump then targeted Clinton on the email issue and said: “If I win, I am going to instruct my attorney general to get a special prosecutor to look into your (email) situation… you ought to be ashamed of yourself,” he said.
Clinton responded: “Everything he just said is absolutely false and I am not surprised.”
There was also a moment in the debate when Trump insisted Clinton to answer the question about healthcare first, after nearly jumping in to answer despite it not being his turn. “Go ahead, I’m a gentleman,” he quipped.
Clinton called reining in the cost of the Affordable Care Act the highest priority of the next president. She “agrees” that premiums have gotten too high.
Clinton added she wants to save what works with Obamacare but warned repealing it wholesale would lose all those benefits that came with the new healthcare system.
“Obamacare will never work. It’s very bad health insurance,” Trump said, insisting that it is too expensive.
Trump claimed Clinton “acid washed” 33,000 personal emails to delete them, something he said was an “expensive process”.
When asked by a woman in crowd about Muslims in the US being targeted and facing hate crime, Trump said: “Muslims have to report it when they see hate going on. Muslims have to report the problems when they see them.”
Trump also spoke about the parents of the dead and the Gold Star Iraq war soldier. “Captain Khan is an American hero… if I were president at the time he’d be alive today,” he said.
“I would not have had our people in Iraq, Iraq was a disaster.”
On his proposed Muslim ban, Trump said: “This is the greatest Trojan horse of our time. I don’t want to have hundreds of thousands of people coming in from Syria when we know nothing about their values, nothing about their love for our country.”Source: ummid.com
Not just poster girl for UNAIDS, will do ground work: Aishwarya Rai
Aishwarya Rai Bachchan, the newly appointed UN Goodwill Ambassador for UNAIDS, says she does not want to be just a "poster girl" for the organisation but will undertake the ground work to help the agency achieve its goal of eliminating new HIV infections among children by 2015. In her new role, Bachchan will help raise awareness on issues related to stopping new HIV infections in children and advocate for increased access to anti-retroviral treatment. UNAIDS Executive Director Michel Sidibe announced Bachchan's appointment as the Goodwill Ambassador in a press conference here. Bachchan said it was an "honour and privilege" to be working with the UN on eradicating AIDS/HIV. "I will initially be like a student, holding the hand of the organisation which will lead me to the real picture on the ground. I don't want to be just a poster girl, don't want to be just part of a platform that will have my face and quotes and voice," Bachchan said. She is planning to travel across India and other countries, interact with people, appeal to governments and talk with pharma companies to see what needs to be done. Bachchan said she had been approached several years ago by the United Nations to be part of several programmes and causes but due to her packed movie schedule, she could not make the time to be associated with the initiatives. "Now I am planning my time forward," she said adding that having been "wonderfully blessed" with a daughter, she can now take time off. "It has been an absolute pleasure to take time off and take care of my daughter," Bachchan said. She said she is at a "good" point in her life where she is planning her career ahead, while also giving time to her family and daughter. Lending her support to social causes like AIDS is not just the cliched "Miss World" talk, Bachchan said. "This is a turning point in my life. I wanted to be associated with the UN at a time when I could actually contribute to the work and the causes," she said, adding that having the blessing of celebrity will allow her to take her message to a larger audience. Bachchan said not many women in India, affected with HIV/AIDS come forward and seek help due to fear of social stigma, lack of awareness and education. She said there is need to spread awareness among women and children that there is hope for them and they should come forward to get adequate medical care for themselves. "By coming on board, I hope to give further impetus to the work that UNAIDS has done and further contribute to the help spread the message," she said. She said it is a "hugely positive step" that UNAIDS believes it is possible to eliminate new HIV infections among children by 2015. "UNAIDS' passion is infectious and I would like to contribute to it. This is shared responsibility and we can achieve it and make it possible," she said adding that it will be a "blessing" to have a generation born free of HIV. UNAIDS Executive Director Michel Sidibe welcomed Bachchan to the UNAIDS family. "Bachchan is respected and admired by millions of people around the world. I am convinced that through her global outreach, Bachchan can help UNAIDS reach its goal of eliminating new HIV infections among children by 2015," Sidibe said. The main focus of Bachchan will be to advocate for the Global Plan towards the elimination of new HIV infections among children and keeping their mothers alive. This plan was launched at the United Nations in June 2011. The Global Plan focuses on 22 countries including India, which account for more than 90 per cent of all new HIV infections among children. Twenty one of them are in sub-Saharan Africa, where the estimated number of children newly infected with HIV fell by 25 per cent, from 360 000 in 2009 to 270 000 in 2011. Progress in sub-Saharan Africa has been made possible through rapid improvement in access to services that prevent new infections in children. There was a dramatic increase in coverage of services in the 21 sub-Saharan African countries between 2009 and 2011: from 34 per cent to 61 per cent. HIV transmission rates from mother-to-child have also declined since 2010 with the introduction of more effective prophylaxis regimens. "Through her work in raising awareness of the issues and advocating for increased access to services Mrs Rai Bachchan will be instrumental in helping to ensure that no more babies are born with HIV and that their mothers stay alive and healthy," said Sidibe. "We look forward to working with her to reach our collective goals." UNAIDS is the Joint United Nations Programme on HIV/AIDS that leads and inspires the world to achieve its shared vision of zero new HIV infections, zero discrimination and zero AIDS-related deaths. Source: Indian Express
Will Mukesh Ambani's billion-dollar bet on aerospace business work?
There is a talk in India's defence circles that when Reliance Industries Ltd (RIL) chairman Mukesh
Ambani hired Vivek Lall from Boeing more than a year ago to launch RIL's aerospace and homeland security businesses, India's richest man had a dream: to build an entity like Boeing. There are others who say Ambani dreams not just big, but bigger — he wanted to build an aerospace company bigger than the world's best. Whatever the talk may be, the "quiet aggression" from India's largest private-sector company in forging ahead with its plans in aerospace business is remarkable, says a Mumbai-based consultant who has watched RIL for decades. "They are ready for the long-haul game," he says asking not to be named because he isn't authorised to speak to the media. ET reported on Saturday that RIL has sought an industrial licence to make aircraft parts and develop aerospace technologies. The company has filed an application with the department of industrial policy and promotion ( DIPP), under the ministry of commerce and industry. As the report says, the objective of the new entity, called Reliance Aerospace Technologies Pvt Ltd, is "to design, develop, manufacture, equipment and components, including airframe, engines, radars, avionics and accessories for military and civilian aircraft, helicopters, unmanned airborne vehicles and aerostats". The report quoted executives close to the matter as saying
that RIL is expected to invest close to $1 billion in its aerospace business in the next few years. The Rs 44,000-crore conglomerate is also looking at hiring more than 1,500 people in the new business, the report said. Idea of a Hub Creating a manufacturing hub is at the heart of Mukesh Ambani's ambition in the aerospace business, says the Mumbai consultant. "He seems to be focusing on aircraft parts in the short term and on developing new technologies in the long term," this person said. He also felt RIL, now ranked No. 99 on the Global Fortune 500 Companies list, is likely to emerge as a "predominant player" in the aerospace and defence segments "to the extent that its other businesses might not be as important in a decade from now". RIL executives refuse to be drawn into making forecasts about the chunk of its revenues that would come from defence projects a decade or so later. However, they have long maintained that aerospace is a "significant segment" for the company — both in the aircraft parts and the aircraft building business. They have also said the highly networked and deep-pocketed company clearly has a natural edge in such cost-intensive segments Source: Link
