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Textile manufacturing becomes costly in Zambia

Related Keywords: acrylic yarn and fiber, cost of blanket production, import of textile products, product quality, raw materials to produce blanket, textile business in Zambia, textile makers in Zambia, yarn manufacturing, Zambian curreny

With continuous depreciation of Zambian currency, textile makers are finding it too costly to import raw materials in Zambia as it would increase the cost of production, said Ajit Desai, managing director of Kariba Textiles.

The blankets are manufactured by using materials like acrylic yarn and fibre, which are not produced in the local market thereby making it costly to manufacture blankets in Zambia, he said.

Desai opined other investors to help in reducing the cost of producing blankets by focusing on yarn manufacturing domestically.

Vietnam garment firms strive hard to avail opportunities ushered in by TTP

Related Keywords: benefit most from TPP, businesses striving hard to avail opportunities, enjoy zero percent tax, export to US, finding access to market, improving design, investing in modern production lines, Made in Vietnam products, product quality, upgrading facilities, Vietnam garment and textile sector

Vietnam garments and textile sector is viewed as one of the industries which will benefit the most from the Trans-Pacific Partnership (TPP), many businesses are striving hard to stay ahead to avail opportunities ushered in by TTP and have started proactively putting in place measures to be able to avail these opportunities such as investing in modern production lines, upgrading facilities, improving design and product quality and finding access to the market.

Italian textiles generated revenues of 577mn euros, growth by 4.8pc in first half of 2014

Related Keywords: 577 million euros, Europe's top showcase, genereated revenue, Investments in technology, Italian textiles, Italian trade Show, Milano Unica, product quality, textile and accessories

Italian textiles in the first half of 2014 witnessed growth by 4.8 percent, organizers of Europe’s top showcase for textile and accessories, during the ongoing Italian Trade Show, Milano Unica running in Italy’s fashion capital Milan said.

Textiles, excluding knitted fabrics, registered a 7.6-percent increase on average in the January-June period.

Exports of Italian textiles performed positively, rising 4.2 percent in the first four months of this year, while imports grew further posting 7.5 percent increase.

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