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Related Keywords: Bangladesh, China stands as the world leader USD one hundred seventy billion, competitors in Asia, garment making industry, not much capital input required, resisted automation, Sri Lanka and Cambodia growing, stagnant demand in world market, trend since early last year down, unit prices are down, Vietnam, worthe of garment exports

China though stands as the world leader with US$170 billion worth of garment exports a year but the trend since early last year has clearly been down, in part because of stagnant demand in world markets and, to some extent, because unit prices are down.

The dilemma for all developing economies that rely heavily on the rag trade is now facing China as new competitors emerge underneath it.

Related Keywords: allowed export of orders booked befor ban, Bangladesh, fulfills all basic raw material requirements, importing from a single country, imposed ban on jute exports, meet demand of federal and provincial governments, Pakistan jute industry, Pakistan jute mills association, policy for jute cultivation, Shortage may occur

Pakistan’s jute industry fulfills all basic raw material requirements importing from a single country, Bangladesh which has allowed export of 11,000 tons of jute to Pakistan, orders booked before exports were banned in November 2015.

Shortage may still occur as Islamabad has not taken up the matter with Dhaka to get the issue resolved immediately, said a local industry official.

Related Keywords: Bangladesh, Dhaka international textile and garment machinery exhibition, display latest and advanced innovations, Japanese leading computerized knitting machine manufacturer, knitting machines, market for knitwear manufacturing, participate for the ninth time, producing seam-free items in one-piece, Shima Seiki, wholegarment machines

Shima Seiki, Japan’s leading computerized knitting machine manufacturer will be exhibiting its latest solutions to meet those current needs, as well as advanced innovations for future market need at the 13th Dhaka International Textile & Garment Machinery Exhibition (DTG 2016) in Dhaka, Bangladesh, in cooperation with its partner Pacific Associates. This will be the ninth time the Japanese manufacturer will participate at DTG.

Related Keywords: Bangladesh, cotton and yarn for its garment industry, especially Gujarat state, heavily bank on India, Indo-Bangladesh trade promotion, invest in yarn manufacturing, neighbouring country, proposes to set up textile park, provide them the cost advantage, the park will have spinning units, top garment manufacturing and exporting country

Bangladesh, which is among the top garment manufacturing and exporting countries globally has to heavily bank on India, especially Gujarat, for cotton and yarn for its garment industry. The neighbouring country proposes to set up a textile park in the state of Gujarat.

Bangladesh has zeroed in on Kadi near Ahmedabad for the project which involves an initial investment of Rs 240-300 crore. To begin with, the park will have spinning units with cumulative capacity of 1 lakh spindles. Bangladesh has sought around 100 acres of land from the state government for the project.

Related Keywords: Bangladesh, for US fashion retailers, highest growth potential, second US Fashion industry benchmarking study, sixth most popular, sourcing destination, United States Fashion Industry Association, USFIA

The United States Fashion Industry Association (USFIA) conducted the second US Fashion Industry Benchmarking Study, where executives from 30 US-based fashion companies, retailers, importers and wholesalers were surveyed between March and April this year. The survey found that Bangladesh was the sixth most popular sourcing destination this year with 50 percent of the respondents currently buying from the country. The survey report was published early this week.

Related Keywords: Bangladesh, Bangladesh Garment Manufacturers and Exporters Association, Dhaka manufactures, enter Indian market, Federation of Bangladesh Chamber of Commerce and Industry, garment distribution, largest garment exporter, nodal logistics hub, sell apparel, set up store retail chain, Western buyers

Bangladesh, the world's largest garment exporter, wants to enter the Indian market, which was opened up some years back by removing all tariffs on Dhaka's manufactures. Moreover, with Western buyers increasingly demanding higher labour and safety standards, besides lower prices, Dhaka has long been eyeing the Indian market.

A group of Bangladeshi industrialists intend to set up a 1,000-store retail chain in India to sell apparel produced by the neighbour's $24-billion readymade garment industry. Their aim is to turn into a billion dollar retail chain within five years.

Related Keywords: attract foreign investment, attract Thai entrepreneurs, Bangladesh, bilateral trade, cheap labour, cost competitive, duty and quote free market, exploit business potential, export woven, grab local and global market, incentive package, knitted products, MCCI, promising sectors for investment, strategic location, textile and garment sector

Bangladesh has numerous promising sectors for investment due to its cost competitiveness, strategic location and the incentive packages offered by the government. This has attracted Thai entrepreneurs to invest in the country and exploit its colossal business potential for which Thai entrepreneurs are in talks with some of the Bangladeshi businessmen.

Chokedee Kaewsang, deputy secretary general of Thailand Board of Investment said that as part of the efforts, they held a discussion with the leaders of the Metropolitan Chamber of Commerce and Industry (MCCI) in Dhaka.

Related Keywords: Bangladesh, China, cotton, cotton corporation of India, cotton yarn, cotton yarn spinner, import quota, raw cotton prices, slow moving demand

A sharp decrease in price of raw cotton in domestic market this year has failed to cheer the yarn makers as buyers of cotton yarn are procuring yarn at a negotiated prices. Last year, the cotton yarn manufacturers who made a excess profits due to rally in domestic and international markets are in a somber mood over slow-moving demand and compressed prices.

Related Keywords: Bangladesh, China, cotton advisor board, Cotton Association of India, cotton bales, cotton consumption, exportable surplus, higher domestic cotton price, Indian cotton exports

Cotton exports is estimated to be between 6.5-7 million bales (1 bale = 170 kgs) this year by trade source as against 11.8 million bales shipment estimated by the Cotton Advisory Board (CAB) during last year. Decline by about 45% this year (October – September) on falling demand from its perennial importers i.e. China and Bangladesh.

China, the largest importer of Indian cotton has reduced cotton import from India in recent months. The second largest Bangladesh has also lowered its dependence on India due to higher domestic cotton prices.

Related Keywords: AEPC, Bangladesh, China, Clothing Manufacturers' Association of India, Indian apparel exports, off-loading export order, OTEXA, US market

Indian apparel exports to the US has witnessed rise by 7.5% at 745 million square metres equivalent (msme) for the period January-September 2014 over the corresponding period last year, as per the latest data by the US Department of Commerce's Office of Textile and Apparel (OTEXA).