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Related Keywords: environment, export, fabrics, fibre, growth, India, man-made, MMF, polyester, sustainability, technology, Textile, value chain, viscose, yarn

Man-made fibre (MMF) industry is contributing 2% to India’s GDP and providing jobs to over 18 million people directly and more than 20 million indirectly and technical textiles are expected to see a significant growth in coming time, according to a textiles export body.

Synthetic & Rayon Textiles Export Promotion Council chairman Ronak Rughani said with an increasing focus on protecting environment, the demand for man-made fibre (MMF) textiles as a substitute for cotton is growing globally.

Related Keywords: fabric, GST, import, India, man-made, MMF, polyester, raw material, technology, Textile, yarn

With production on a nosedive, all is definitely not well in the country’s largest man-made fabric (MMF) hub. Polyester fabric has decreased production by almost half from 13,000 metric tonne (MT)to 7,500MT per annum.

Related Keywords: cotton, Cotton Association of India, export, Imports, India, Pakistan, Textiles, yarn

Pakistan’s move to stop import of products from India or of Indian origin is not expected to have much impact on the Indian textile industry, said Siddhartha Rajagopal, executive director of the Cotton Textiles Export Promotion Council.

Related Keywords: bales, buyer, cotton, Cotton Association of India, exports, India, Iran, trade

Cotton exports to Iran reported a phenomenal jump of 1070 per cent to 1.85 million kg during 2018-19.

Amid slowing raw cotton exports in recent months, India has seen sharp jump in cotton demand from an unexpected buyer, Iran. After many Western nations imposed trade sanctions on it, Iran’s cotton purchases from India has gone up multiple times in recent months.

Going by the DGFT data, India exported 15,877 kg raw cotton (HS Code 52010015 of staple length 28.5 mm and above but below 34.5 mm) during the year 2017-18.
Phenomenal jump

Related Keywords: Agriculture, America, bale, Bolinger, cotton, Cotton Association of India, exports, India, trade

The Cotton Association of India lowered its cotton production forecast for India in the agricultural season 2018/19 by 10.3%. Will the Cotton quotations continue growing?

Related Keywords: fabric, India, manufacturing, PET, polyester, Recycle, Reliance, RIL, Textile, Turkey

Reliance Industries Ltd. (RIL) has joined hands with textile firm Kıvanc Tekstil of Turkey to manufacture and market R|Elan GreenGold, a sustainable and innovative fabric, to leading apparel brands and consumers across the world.

Related Keywords: anti dumping, DGTR, duty, government, Imports, India, nylon, WTO, yarn

The government may impose anti-dumping duty on imports of certain types of filament yarn from China, Korea, Taiwan and Thailand as the commerce ministry has started investigation into alleged dumping of the product following complaints from domestic players.

The Directorate General of Trade Remedies (DGTR), under the commerce ministry, has initiated the probe as it has found "sufficient evidence" of dumping of nylon multi-filament yarn from these countries.

Related Keywords: apparel, Bangladesh, environmental impact, fashion, fast fashion, government, Higg Index, India, innovation, market, Textile

India feels the adverse social and environmental impact of ‘fast fashion’; however, this may change soon.

India is a global manufacturing hub for textiles and apparel, coping with growing international and domestic demand. The global textiles market is projected to reach $1.3 trillion by 2025. Similarly, the domestic market for apparel is estimated to reach $59.3 billion by 2022 and that for textiles to grow to $223 billion by 2021. The industry is also critical in terms of income and employment generation, contributing to 5 percent of India’s current GDP.

Related Keywords: China, clothing, Garments, H&M, India, Inditex, Mexico, Myntra, Pretax, profit, Sweden, Textile, Textiles, Thiland, Tmall, Zara

The apparel retailer said that the composition of inventory has improved, implying it will become easier to sell the garments.

Hennes & Mauritz AB surged after the struggling Swedish clothing retailer showed progress coping with a buildup of unsold garments, raising hopes that the worst may be over after a three-year slump in earnings.

Inventory dropped slightly as a proportion of sales, easing to 18.2% at the end of May from a record 18.9% as of last August, H&M said Thursday. CEO Karl-Johan Persson said H&M still aims to boost operating profit this year.

Related Keywords: China, export, fiber, HTSUS, Imports, India, polyester, Reliance Industries Limited, synthetic, United States, yarn

On June 26, 2019, the U.S. Department of Commerce (“Commerce Department”) announced affirmative preliminary determinations that imports of polyester textured yarn from China and India are being unfairly sold below their fair value in the United States at significant double-digit margins, as follows.

Polyester Textured Yarn Imports from China
Producer/Exporter Preliminary Dumping Rate (%)
Fujian Billion Polymerization Fiber Industrial Co Ltd. 77.15
Suzhou Shenghong Fiber Co., Ltd. 77.15
Jiangsu Hengli Chemical Fiber Co., Ltd. 76.07
PRC-Wide Entity / All Others 77.15