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Related Keywords: caused Zimbabwe gross domestic product to shrink, exports, immediately start working, keen to export to Sweden, loss of export earnings, Open Trade Gate Sweden, restart stalled investment, resume exports, Sofia Calltorp, stave off an economic collapse, Sweden new ambassador to Zimbabwe, Zimbabwe needs to revive manufacturing output

Zimbabwe needs to revive manufacturing output and exports to stave off an economic collapse. The loss of export earnings has caused Zimbabwe’s gross domestic product to shrink by almost a third. Sweden’s new ambassador to Zimbabwe, Sofia Calltorp, said that she would immediately start working to restart stalled investment here and resume exports from the southern African country that plummeted after the controversial land grab programme.

Related Keywords: APTMA, become unviable owing to a steep rise, boost falling exports, cost of doing business, expanding into retail markets, exports, revive closed production capacity, save collapsing industry, sharp increase in energy prices, shortages, support investment in textile industry, textile manufacturers, textile manufacturing

The textile manufacturers are expanding into retail markets as textile manufacturing and exports have become unviable owing to a steep rise in the cost of doing business mainly on account of sharp increase in energy prices and shortages in the last three years, said Aptma leader Gohar Ejaz.

Related Keywords: domestic textile industry, dyeing, export promotion body Enterprise Mauritius, exports, fashion hub, higher end production, investment in textile sector, knitting and finishing capacity., manufacturing operations, Mauritian garment and textiles industry marketing centre, spinning plants, value chain, verical integration

Mauritian garment and textiles industry leaders are dreaming big and seeking to make the country into a marketing centre and fashion hub after seeing many of Mauritius's largest companies continuing to grow due to vertical integration that allows them to control value chains. They have been investing in technology and training, moving to higher-end production and shifting manufacturing operations to cheaper destinations. While, the domestic textile industry has been declining.

Related Keywords: business fashion shows, exports, FICCI, forming new business relations, international textile and apparel fair, investment destination in textile sector, Live demos of traditional textile crafts, Ministry of textile, partnerships worldwide, platform to participants and exhibitors, projecting India as prominent sourcing hub, RIICO, Vastra

Following the grand success of the VASTRA 2014 where business worth $85 million was generated, VASTRA - 2015 is all set to blaze a new precedent. Rajasthan State Industrial Development and Investment Corporation Ltd.(RIICO) in collaboration with FICCI and support of Union Ministry of Textiles to organize the fourth edition of international textile and apparel fair 'VASTRA'.

Related Keywords: APTMA, cotton farmers, employment, energy, exports, load shedding, Punjab textile industry, textile industry circles, textile workers

The Punjab based textile industry needs immediate attention of the government, as continuity of the industry wheel can be the only way forward of growth, employment and exports of country for which both energy affordability and security must be ensured at all costs.

Related Keywords: cotton, cotton importation, Egypt, Egyptian cotton industry, Ethiopia, exports, Imports, long stable cotton, short stable, spinner, weaver

Egyptian cotton is extra long stable and they want to import short stable for which the spinners and weavers want to open more countries to be a source of cotton importation. They want to import short stable to produce a coarser yarn for T-shirts, for denim.

Related Keywords: exports, India, textile and apparels

Indian textile and apparels exports in the first six months of the current financial year 2013-14 as per the latest data revealed by RBI earned nearly 15 billion dollars (around Rs 92,926 crores). Of the total 14.935 billion dollars exports, textile and garments contributed about Rs 92,358 crores during the first half of the current fiscal year, with readymade garments accounting for 7.074 billion dollars (Rs 43,745 crores) of the same.

Related Keywords: Bangladesh, exports, home textile

The Bangladeshi home textile exports have declined due to political unrest and inadequate supply of gas in the dyeing factories. Hampering production and compelled them to spend more to generate energy by alternative means. It has seen a 6% decline in the first half of the current fiscal year. It also fell 9% short of the period’s target of $388.21m. The home textile export target was set at $831 for the whole fiscal.

In July-December period of the FY2013-14, home textiles fetched $350.20m, which is 6.30% lower compared to $375m for the same period of previous fiscal, EPB data showed.

Related Keywords: exports, international market, textile and garment industry, Vietnam Textile and Apparel Association

Vietnam Textile and Apparel Association (VITAS') deputy chairman, Le Tien Truong, said that an improving global economy will be favourable for Vietnam, in general, and the local textile and garment industry, in particular, because the county will be able to boost its level of exports to the international markets.

Moreover, the global economic forecasts by the World Bank and the International Monetary Fund says that the world economy's outlook is expected to improve in 2014, as large economies, such as the US, the EU, Japan and South Korea, have seen recovery.