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India's apparel export's share in total exports fall from 51% in FY17 to 45% in FY19

Related Keywords: Bangladesh, decline, export, Garments, import, India, Industry, manufacturing, Textile, Vietnam

The new government would have to rethink its policy on turning around India’s second-largest job provider, as the textile sector continues to gasp for growth. Three years after key regulatory and labour changes were put in place, India’s textile and apparel exports have declined from $38.60 billion in 2014 to $37.12 billion in 2018 while imports have increased from $5.85 billion to $ 7.31.

Fast fashion slowing down

Related Keywords: appparels, Bangladesh, clothing, fabrics, fashion, fast fashion, Mills, sustainability, Textile

It may be quite some time until the fast-fashion industry completely slows down, but with new trends being set in motion, there is now hope that 'slow fashion' is a trend gathering traction.

The demand for 'cool', affordable clothing is hard to keep up with, with clothes being delivered in bulk into highstreet shops to try and match retail expectations. But more often than not, they come with a high environmental price tag in the long term; the fashion industry is the second biggest polluter in the world, only second to oil.

Offshore apparel manufacturing may move back home as automation takes over

Related Keywords: apparel, apparel manufacturing, Bangladesh, China, export, fabric, garment, import, jeans, labour, manufacturing, production, sewing, supply chain, Textile, tshirt, workers

Offshoring of apparel manufacturing has been a blessing for many developing countries. The readymade garments (RMG) industry, employer of 4 million workers, mostly rural women, contributes more than 80 percent to Bangladesh's export revenue. Low-cost labour has been the primary reason for western retailers to wait for months to get a shipment from offshore destinations. Once technology becomes a cheaper alternative to the least costly manufacturing labour, will apparel manufacturing complete the journey in returning home?

Global Fashionology summit on textile industry to take place in Dhaka

Related Keywords: apparel manufacturing, attract wide spectrum of fashion, Bangladesh, bridge gap between present and future, entire ecosystem, fashion industry, garment makers, host Fashionology Summit, innovation stakeholders, international brands, marketing hub, organized by Bangladesh Apparel Exchange, software service providers, technology, Textile

Bangladesh to host its first ever Fashionology Summit in February 2018 organized by Bangladesh Apparel Exchange (BAE) with an aim to attract a wide spectrum of the fashion, technology and innovation stakeholders across the entire ecosystem. The event will help to bridge the gap between the present and the future of the textile and fashion industry.

Bangladesh plans to set up six new denim mills in 2yrs

Related Keywords: at least six new denim mills, Bangladesh, Bangladesh annual demand, become operation in next two years, Denim Expo, denim fabrics, India and Pakistan, investment of $100 million, local suppliers meet only 40 percent, planning to set up, rest met through imports from China

Bangladesh with an investment of $100 million is planning to set up at least six new denim mills which will become operation in the next two years as presently local suppliers can meet only 40 percent of Bangladesh's annual demand for denim fabrics and the rest is met through imports from China, India and Pakistan.

Currently, Bangladesh has 30 denim mills with a capacity to produce 435 million yards of fabrics a year, said Mostafiz Uddin, organizer of Bangladesh Denim Expo, who is also the managing director of Denim Expert Ltd.

Bal Tekstil working to export carpets to Chinese textile market

Related Keywords: Bangladesh, high tech Belgian equipment, in Kazakhstan, India and other states, leader in production of carpets, making carpets bought from Russia, polypropylene yarns, production carried out, Raw materials need, Shymkent based company Bal Tekstil, specializes in carpet products, Turkey

Shymkent-based company Bal Tekstil is a leader in the production of carpets in Kazakhstan, It also specializes in the production of carpets, carpet products and polypropylene yarns. Raw materials need for making carpets are bought from Russia, Turkey, Bangladesh, India and other states. Production of carpets is carried out on high-tech Belgian equipment Michel Van De Wiele.

Bangladesh home textile exports unable to expands market share in EU

Related Keywords: allows twenty percent of Pakistani exports, ate up export value, Bangladesh, duty benefits extended to Pakistan, enter the EU at zero duty, European Union, GSP Plus status, huge potential in home textiles, including home textile, seventy percent at preferential rates, unable to expand market share, volatile currency exchange rate

Bangladesh has huge potential in home textiles but unable to expand its market share in the European Union because of duty benefits extended to Pakistan. In December 2013, the 28-nation bloc granted Pakistan the GSP Plus status for four years. The GSP Plus status allows 20 percent of Pakistani exports, including home textile, to enter the EU at zero duty and 70 percent at preferential rates.

Bangladesh takes initiative to cultivate Bt cotton to increase production

Related Keywords: agriculture minister of the country, Bangladesh, boost crop production, Cotton development board, Cotton the main raw material, genetically modified organism, GMO cotton, Matia Chowdhury, new cotton variety, or Bt cotton, taken initiative to begin cultivating, textile industries

Bangladesh has taken initiative to begin cultivating genetically modified organism (GMO) cotton or Bt cotton in order to boost the crop's production, according to Matia Chowdhury, agriculture minister of the country.

The decision to cultivate Bt cotton has been taken as the harmful pest bollworm is posing as an obstacle in increasing the production of the crop in the conventional method so, Bangladesh has initiated Biotechnology based BT cultivation to boost cotton production.

Chowdhury disclosed this information while replying to a query that was raised in Jatiya Sangsad.

Heimtextil and Ambiente India to open doors this month

Related Keywords: Ambiente, and Thailand, Bangladesh, China, Fourth edition of India finest home fashion business platforms, from India, Heimtextil India, hundred and eighty leading companies, ILA Experience Zone, Korea, living and home furnishing collections, Nepal, Union textiles minister Smriti Irani, will be inaugurated, will present their dining

The 4th edition India's finest home fashion business platforms - Heimtextil India & Ambiente will be inaugurated by Union textiles minister Smriti Irani on June 20 in New Delhi. Over 180 leading companies from India, Bangladesh, China, Korea, Nepal, and Thailand will present their dining, living and home furnishing collections at the 3-day fair.

The minister will address the gathering and unveil the world's largest cushion representing ‘Fabrics of India’ at the fair.

Farmers in race to scale up farming with jute pack law enforcement

Related Keywords: ban on raw -jute export, Bangladesh, BJMA, BJMC enforcement of the packaging law, DoJ, farmers in race to scale up farming, FBCCI, fueled demand for fibre, golden fiber, implementation of mandatory jute packaging law, jute farming, key player in world jute market, quality raw jute supplies, smooth supply of the item for local millers

Bangladesh is a key player in the world jute market, contributing almost 45 percent to production, while 60 percent to exports. After implementation of the mandatory jute packaging law, which has fueled demand for the fibre at home, farmers are in race to scale up farming.

After a slight decline in production last year, a bumper output of jute is expected this year as farmers this time are cultivating the fibre, encouraged by higher prices on the local market.

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