Several Pakistani value-added textile firms recently rejected the government decision to discontinue zero-rated status of five export-oriented sectors, cautioning that the move will lead to flight of capital and high unemployment and affect the manufacturers. It will also lead to corruption through flying invoices, over-invoicing and refund...
India, which was the second largest exporter of textile and apparel during 2014-17 after China, has fallen to the 5th rank in 2018 as Germany, Bangladesh and Vietnam have stepped in, according to chairman of Confederation of Indian Textile Industry (CITI) Sanjay K Jain. India's exports in...
To boost job creation and exports, the new government at the Centre should resolve issues related to Technology Upgradation Fund Scheme (TUFS), Southern India Mills’ Association (SIMA) has said. The association has also appealed for release of ₹9,000 crore pending TUFS subsidies on a fast track. The...
The Central African country of Cameroon has banned the use of five chemicals in textile manufacturing in the country. The banned chemicals are azo dyes, formaldehyde, alkyl phenol, phthalates, and heavy metals that have a negative impact on both the environment and consumer health, Cameroonian ministry of...
ACIMIT (Association of Italian Textile Industry Manufacturers) members are set to display latest Italian textile machinery at ITMA 2019 exhibition. The leading textile and garment technology expo will be held from June 20-26, 2019, in Barcelona, Spain. ACIMIT promotes the Italian textile machinery sector and supports its...
The US secretary of commerce Wilbur Ross presented R&M International, a textiles company, with the President’s ‘E’ Award for Exports recently in Washington, D.C. Ross honoured a select group of US companies with the Presidential Award, the highest recognition any US entity can receive for making a...
Vietnamese textile and garment exports to Trans-Pacific Partnership (CPTPP) markets have failed to match the country's stature as the world’s second largest apparel exporter, general director of the Vietnam National Textile and Garment Group (Vinatex) recently told a Montreal workshop attended by representatives of 35 Canadian enterprises....
The inclusion of chapters 50-60 in the recently imposed additional tariff on Chinese imports by the US has put India in an advantageous position, according to the Confederation of Indian Textiles Industry (CITI). Indian textile industry has an opportunity to increase its exports to US, particularly cotton...