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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?

Plan to invest $1 billion in new value added textile projects

Related Keywords: apparel, energy, export, exporter, Garments, import, Pakistan, supply chain, Textile, Textile Industry, yarn

Encouraged by the government’s initiatives to help reduce the cost of energy for exporters, major Punjab-based textile groups on Friday announced that they plan to invest $1 billion in new value-added textile projects and capacity expansion for exports.

The group that plans to invest include leading textile manufacturers such as Sapphire, Suraj, Kamal, US Apparel, Interloop, Fazal Cloth Mills, Ejaz Group, Mahmood Textile, Ayesha Group, Bhanero Group, Kohinoor Mills and Sadaaqat Textile.

Indian export of cotton textiles to China on the rise

Related Keywords: apparels, China, cotton, Cotton Association of India, export, Imports, India, Textile, Textile production

Export of cotton textiles from the country to China rose over 68 per cent to hit $1.55 billion between April and February during the 2018-19 financial year, according to data available with the Cotton Textile Export Promotion Council.

India’s cotton textile exports to major consuming countries got a boost with the recent government move to reimburse all state and central levies on such shipments.

Indian cotton production estimated fall to 321 lakh bales

Related Keywords: cotton, Cotton Association of India, cotton crop, cotton season, cotton supply, export, farmers, India, production, Slow growth in domestic consumption

Cotton Association of India (CAI) has released its March estimate of the cotton crop for the season 2018-9 beginning from 1st October 2018. The CAI has estimated cotton crop for 2018-19 at 321 lakh bales of 170 kgs each which is lower by 7 lakh bales than its previous estimate of 328 lakh bales made during last month.

Vietnam’s cotton import increasing bigger in volumes

Related Keywords: depends on imported cotton, export, garment and textile export, imported increasingly bigger volumes, recent years to feed growing, textile and garment production, Vietnam yarn industry

Vietnam’s yarn industry heavily depends on imported cotton, has imported increasingly bigger volumes of the material in recent years to feed its growing textile and garment production and export.

According to its Ministry of Industry and Trade, Vietnam imported 140,000 tons of cotton worth 244 million U.S. dollars in January, up 49.7 percent in volume and 51.1 percent in value against January 2017,

Cotton output estimate revised to 338 lakh bales this season

Related Keywords: better incentives, compared to the domestic rates, consumption of cotton discussed, Cotton Advisory Board, cotton production, especially in the central and the southern zone, export, farmers shifting to other crops, import, international cotton prices weak, production, state-wise area, Textile Commissioner Kavita Gupta

Cotton production is estimated to be 338 lakh bales in the 2015-16 season (which began on October 1) from 386 lakh bales in the previous year as the area under cotton has decreased to 119.10 lakh hectares this season compared to 128.46 in the previous year.

This is mainly as farmers are shifting to other crops, like pulses, where they are getting better incentives, especially in the central and the southern zone, said Textile Commissioner Kavita Gupta.

New ATUFS to benefit textile industry

Related Keywords: Amended Technology Upgradation Fund Scheme, attract investment, benefit textile industry, better quality in processing industry, better technology looms, boost Make in India initiatives, Cabinet Committee on Economic Affairs, export, introduction of ATUFS, promotion of technical textiles, replace existing RR TUFS, targets employment generation

The Cabinet Committee on Economic Affairs on Wednesday gave nod to the introduction of “Amended Technology Upgradation Fund Scheme (ATUFS)” which will replace the existing Revised Restructured Technology Upgradation Funds Scheme (RR-TUFS) for technology upgradation of the textile industry.

A budget provision of Rs 17822 cr has been approved of which Rs 12671 cr is for committed liabilities under the ongoing scheme and Rs 5151 cr for new cases under ATUFS.

Focus of Maharashtra’s new textile policy on generating employment

Related Keywords: address issue of high electricity tariff, at a single point, cotton to garment manufactuing, export, generate huge revenue, generate employment, long term strategy, Make in India, Make in Maharashtra, new textile policy, set up textile units, State Textile Minister Chandrakant Patil, Textile parks

State Textile Minister Chandrakant Patil told the Legislative Assembly that the new textile policy would be unveiled soon that will address issues of high electricity tariff and also include measures such as cotton-to-garment-manufacturing at a single point for setting up textile units.

The focus of new textile policy would be also on setting up textile parks in Vidarbha and Marathwada. It's not only expected to reduce farmer suicides but also generate employment.

Govt plans to set up readymade garment units in each of the eight northeast states

Related Keywords: Apparel and Garment Unit, boost textile industry, demand for garment, eight northeastern states, export, Indian government, National Building Constructions Corp, readymade garment manufacturing units, Tripura handloom and handicrafts

The Indian government plans to set up ready-made garment manufacturing units in each of the eight northeastern states to boost the textile industry in and export of ready made garments from the region, which would also boost local employment, particularly for women. The government-run National Building Constructions Corp would set up the units in Assam, Arunachal Pradesh, Manipur, Meghalaya, Nagaland, Mizoram, Sikkim and Tripura.

PH can now export 6200 tariff lines includes textiles

Related Keywords: 200 tariff lines, EU, European Parliament, European Union's GSP, export, export 6, General System of Preferences Plus, GSP plus, manufacturing sector, PCCI, Philippines, Textiles, zero duty

The Philippines already enjoyed benefits from the European Union's GSP, wherein 2,442 products out of 6,209 are subject to zero duty while the rest have lower tariffs. But with the European Parliament completing the process to grant the Philippines request for inclusion in the European Union’s (EU) General System of Preferences Plus (GSP+). The Philippines can now export 6,200 tariff lines, including textiles

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