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Falling Indian domestic price gap to boost cotton imports

Related Keywords: bales, Brazil, China, cotton, domestic, prices, raw material, Textile

The continuing contraction in international and domestic cotton prices following higher global production and a decline in domestic output is likely to boost imports further this year, says a report. The gap or spread between global and domestic cotton prices has been on a declining trend owing to higher production in Brazil and China, coupled with a fall in domestic production, says an India Ratings report Tuesday.

China's domestic garment sales increases

Related Keywords: China, domestic, Garments, profits, revenue, Sales, yuan

China's garment industry saw an increase in domestic sales in the first five months this year despite slower expansion in the industry.

From January to May, retail sales of garment enterprises above a designated size amounted to 397.4 billion yuan (about 57.71 billion U.S. dollars), up 2.3 percent year on year, according to the Ministry of Industry and Information Technology (MIIT).

Iran boosting garments output, exports

Related Keywords: clothing, domestic, economy. output, exports, Garments, Iran, manufacturers, production

In an interview by Tasnim news agency, Abolqasem Shirazi also announced about exports of garments to Afghanistan, Iraq, Russia and Yemen.

Increasing non-oil exports to the neighboring countries is one of the major plans that Iranian government is pursuing in the current year.

Iran shares border with fifteen countries, namely the United Arab Emirates, Iraq, Turkey, Afghanistan, Pakistan, Russia, Oman, Azerbaijan, Turkmenistan, Kuwait, Qatar, Kazakhstan, Armenia, Bahrain, and Saudi Arabia.

Ethiopian textile sector leads the path to Industrialization

Related Keywords: apparel, attract top international firms, domestic, ease in entry, Ethiopian textile sector, Garments, global market, Hawassa Industrial Park, join middle income status, making all efforts, paves the way for nation, preferable gateway, productions of textile, step into industrialization, textile sector would benefit large number of people

Ethiopian textile sector is a preferable gateway to step into industrialization because of the ease in entry and it is making all efforts to attract top international firms. The textile sector would benefit large number of people and paves the way for nation to join middle income status in the very near future.

Vietnamese garment sector make efforts to remodel its production methods

Related Keywords: chain linkage, domestic, Free trade agreement, garment producer, international market, marketing, original design manufacturer model, product development, production methods, production targets, regional trade blocs, remodel, TPP, Vietnam garment industry, Vietnamese enterprises

Vietnam one of the world's largest garment producers to maintain its status is making all efforts to remodel its production methods. The move comes in the light of advantages offered by the Trans Pacific Partnership (TPP) and other free trade agreements that the country has entered into with regional trade blocs around the world.

According to Le Tien Truong, Vietnam Textile and Garment Group (Vinatex) General Director after years of manufacturing, Vietnamese enterprises have gained much experience in manufacturing, management and labour.

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