The Indian textile lobby is pressing its government to impose fresh non-tariff barriers on Bangladesh's apparel exports against the backdrop of rising shipment to the neighbouring country, officials said. The pressure came at a time when readymade garment exports to India clocked a 79 per cent growth...
Uzbekistan plans to raise textile export volume to $2 billion this year, according to Uzbek Textile Industry Association chairman Ilhom Haydarov. The government is planning to reprocess all cotton yarn produced in the country domestically by 2025 and hike export of textile items to $7 billion, he...
A three-day apparel sourcing exhibition ‘Apparel Textile Sourcing Canada (ATSC)’ will begin at the International Centre in Toronto of Canada on August 19. “Like many other countries, Bangladeshi business entities will take part in the tradeshow for promoting Bangladeshi products in the Canadian market,” Export Promotion Bureau...
Vietnamese garment manufacturers have so far received less order than 2018 and the shortage of orders is becoming more common, according to the Vietnam Textile and Apparel Association (VITAS), whose vice president Truong Van Cam recently said the number of orders in the first half of 2019...
Cotton accounts for 51 per cent of the total raw material cost in the Indian textile industry and continues to remain at an elevated level, thereby pressurising domestic industry margins, according to India Ratings and Research (Ind-Ra). This raw material cost inflation has been difficult to pass...
Russia remains the primary consumer of Uzbek textile items, according to the Uzbek state statistics committee. During January-May 2019, more than 38 per cent of Uzbek textile exports worth $250.2 million were shipped there. Exports of Uzbek textiles to China more than doubled from $90.9 million in...
More than 40 international brands from India, Turkey, Greece, Taiwan, Italy, Poland, Germany, Korea, Japan, China and US among others exhibited at the recent Screen Print Uzbek. Themed 'New Business Horizons', the exhibition focused on screen printing, textile printing, digital printing, sublimation printing, textiles and apparel machinery....
Eurecat, the industrial technology provider of Catalonia that offers business services applied R&D, technology services, and technology consulting, showed its new Blackbelt 3D textile printer at the recently held 18th edition of ITMA 2019 exhibition. ITMA is the trendsetting textile and garment technology platform for effective solutions...
Tata Group's retail arm Trent Ltd is planning to raise up to ₹1,550 crore ($222.9 million) during the current fiscal to fund its expansion plans in India. About ₹950 crore will be raised from issuance of shares to promoter Tata Sons on a preferential basis, while the...
Master plan submitted to the Department of Trade and Industry (DTI) in South Africa aims to revive the country’s ailing apparel and textile industry, which had shed between 140,000 to 160,000 jobs in recent years. Job losses, however, have stabilised over the last decade. The plan aims...