Nicosia, Oct 18 (ANI): As a result of significant investments and the construction of several new smelters, the share of the Gulf Cooperation Council states in global aluminium production is expected to increase by 150 per cent by 2010.

This estimate belongs to the organizers of Aluminium Dubai, a major trade show that will take place from 29 to March 31 in Dubai next year.

Amanda Westerman, of Reed Exhibitions Middle East, said that the GCC currently accounts for four per cent of current global aluminium production, but this share is expected to go up to 10 per cent by 2010.

"The Gulf's growing focus on economic diversification has boosted demand for aluminium and investments in the sector have increased almost two-fold since 2002 to reach eight billion dollars.

Aluminum production, which was once confined to western countries, is now shifting to the developing countries that either have the raw materials or have the energy resources to produce aluminum, namely, the GCC region with its abundant energy resources.

The GCC region has two established smelters in the UAE and Bahrain.

UAE's Dubai Aluminium (Dubal)DUBAL is currently one of the largest single-site aluminum operators in the eastern world, producing 900,000 tons of aluminium a year.

The other smelter is that of Aluminium Bahrain (Alba) with a capacity of producing 860,000 tons a year.

Another eleven smelters are either under construction or in the planning stage in the Gulf. (ANI)

Tirupur (Tamil Nadu), Oct 18 (ANI): Coimbatore's apparel industry is severely hit due to the ongoing recession in US economy and is now receiving only few export orders.

The present economic crisis in the United States has affected the apparel industry with the apparel exports going down by 15 per cent in Tirupur. In knitwear exports, Tirupur has registered a fall of five per cent.

The Apparel Exports Promotion Council is taking various steps to meet the present crisis.

"Well this crisis in US is affecting us a lot. We are definitely expecting a drop of 10-15 per cent in the immediate future. Stores are coming in. I have the reports. The buyers who are coming in are not buying in as large quantities as they were buying earlier. The orders are already down by 20-25 per cent in terms of quantity," said Rakesh Vaid, Charirman, Apparel Exports Promotion Council.

Tirupur is a major source of foreign exchange earnings for the country because of its exports. 56 per cent of India's total knitwear exports comes from Tirupur.

"Tirupur exports apparels worth 14,000 crores. Total knitwear export is 16,500 crores. But this year, we expect about five per cent minus growth rate because of the recession in United States so we may do 10,500 crores, about five per cent less," said Sakthivel, president, Tirupur Exporters Association.

Tirupur is famous for the export of all knitted garment wears such as t-shirts, polo - shirts, sweat shirts, banyans, pajamas and night dresses on various fabrics like single jersey, interlock, fleece, polar fleece, pique jersey, pointelle jersey, rib, pointelle rib and drop needle.

The textile and clothing sector is the largest employer after agriculture and accounts for nearly four per cent of India's gross domestic product. By JehovahANI)

New Delhi, October 16 (ANI/Business Wire India): G4S, the leading professional security organization in India and the principal founders of IFSEC, proudly announces the commencement of IFSEC for the second year in India.

At IFSEC 2008, G4S displays a wide range of security services for its customers, ranging from large multinationals to financial institutions to individuals, covering virtually every security product or service available in the market.

The security industry is dynamic and growing with many facets. To fulfill this dire need of its customers, G4S would be present at the exhibition with all their products and services on display. This reflects the market requirements to one which looks at a security and/or safety requirement and identifies the mix of products from the various disciplines which can work together to provide the best solution.

Last year, this landmark event attracted over 8,000 people from around the world and even more are expected this time around at the exhibition scheduled to take place at Pragati Maidan from 16th to 18th October between 10am-6pm.

G4S services on display:

- Guarding

-- Security Systems and Products

-- Cash Services

-- Training

-- Facility Management

-- Central Monitoring Services

-- Garment Manufacturing

-- IT Services and Secure IT

-- Security Consultancy

-- Recruitment and Placement

-- Fleet Management

Speaking on the occasion, David Hudson, MBE, Regional President, G4S India said, "It is an honour to be associated with a prestigious event like IFSEC in India, which is going from strength to strength. We are all aware that the commercial security market in India is growing at a tremendous rate and the demand for security across industries and the Indian Government is unending. IFSEC is an exceptional platform that gives an opportunity to security solution companies to showcase intelligent products. The response and reach that we get here is impressive, extremely client centric and productive. Most importantly, we are extremely excited about showcasing our 'next level' innovations at the exhibition which we are certain will exceed client expectations."

Rehana Qureshi, Regional Marketing Director, G4S India, described the IFSEC experience in her own way. She said, "It gives us a profound pleasure to be the principal founders of IFSEC and participating in it has always been a rewarding experience. We are expecting a huge crowd this time because of a sudden surge in the need to be secure amongst the people, given the present turbulent times. This also gives us a chance to showcase our latest technological innovations and also compare them to our global competitors, all in a good spirit. That is why the tagline for the event goes, "Global Outlook, Local Approach" and we couldn't agree more."

The IFSEC 2008 will have over 150 exhibitors showcasing different products and services. This year co-located with IFSEC India is Firex India. Firex India will be a major opportunity for the fire protection industry to meet leading specifiers and installers operating in India. This is one event, where one can find all the important domestic and international key exhibitors under one roof. G4S is a quality supplier of the world's best Fire Detection and Alarm Systems. The equipment used is of a very high aesthetic value and fits well with the overall ambience. (ANI)

New Delhi, Oct 16 (ANI): Inflation fell to 11.44 per cent for the week ending October 4 due to decline in oil prices and manufactured goods.

In the previous week the inflation was 11.80 per cent.

The index for fuel prices declined by 1.1 per cent on account of lower prices of naphtha, aviation turbine fuel and furnace oil.

In manufactured goods category, wholesale prices, declined by 0.5 per cent on account of cheaper imported edible oil, steel, pig iron and lead ingots.

However, in the foods category, several items like fruits and vegetables, pulses and cereals became dearer during the week.

The fall in inflation has given some respite to the government, which is battling the impact of the global meltdown. (ANI)