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Bangladeshi RMG units increasingly sourcing their raw material from aboard

Related Keywords: Bangladeshi garment manufacturer, BTMA, electricity supply, local manufactred fabirc, local textile mills, poor transportation system, pushed up prices, raw material, RMG units, unutilised production capacity

Bangladeshi garment manufacturers have started looking towards other destination such as China and India for source their raw materials as the local textile mills due to low pressure of gas and electricity supply disruption and poor transportation system have pushed up prices of their manufactured fabrics.

Kazakhstan working towards uplifting its garment industry

Related Keywords: advantage, cheap energy, clothing industry, cotton and wool, Day of Light Industry, economic growth, jobs, Kyrgyz textile and garment industry, Legprom, Light Industry trade fair, low labor cost, raw material

The Kyrgyz textile and garment industry was originally developed in the 1930’ as a result of the availability of raw material mainly cotton and wool, in South Kyrgyzstan. Kyrgyzstan’s garment industry has traditionally been of major importance to the country, with nearly 7% of the nation’s working-age population employed in the sector. It continues to do well by providing economic growth and jobs.

Anti-dumping duty on PTA leading to price rise, Indian polyester producers upset

Related Keywords: anti-dumping duty, Indo Rama Synthetics, Mitsubishi Chemical, polyester fiber and yarn, polyester producers, PSF manufacturers, PTA, PTA User Association, Purified terephthalic acid, raw material, RIL

The decision of purified terephthalic acid (PTA) producers like Reliance Industries Ltd (RIL) and Mitsubishi Chemical to increase prices by a steep Rs 2,100 a tonne from August 1 - just a week after the new government imposed anti-dumping duty on the product despite stiff opposition from the user lobby have added yet another chapter to their long-drawn battle.

BDL Group, Bangladeshi Company to come up with textile and garment factory in Ethiopia

Related Keywords: Bangladeshi company, BDL Group, benefit farmers, business opportunity, create jobs, investment in Ethiopia, manufacturing sector, Mekele town, raw material, textile and garment factory

BDL Group, a Bangladesh-based company, has decided to make investment in Ethiopia as there are great business and investment opportunities in the country. BDL group will be constructing a textile and garment factory in Mekele town of Ethiopia which will involve an investment to the tune of over 765 million Birr.

The Group has entered into an agreement with the town administration and received 68 hectares of land for the construction of the factory.

Ethiopia Govt working out mechanisms to address cotton shortage

Related Keywords: cotton, cotton demand, country's revenue earning, Ethiopia cotton industry, importing cotton, improve cotton production, Minister Ahmed Abitew, raw material, Textile Industry

Ethiopia has been witnessing shortage of cotton since recent years which has become a challenge for the effectiveness of the textile industries. The Government of Ethiopia is working out short and long term mechanisms to address challenges facing the textile industry in terms of raw material shortage, said the Minister Ahmed Abitew, the Ministry of Industry.

The increasing demand for cotton among industries and low level of supply are the main drives for the shortage.

Vietnam garment and textile sector to benefit from direct raw cotton trade with Africa

Related Keywords: African cotton, intermediary wholesaler, International Trade Centre, raw cotton, raw material, Trans-Pacific Partnership agreement, Vietnam Cotton & Spinning Association, Vietnam textile and garment sector

The rapidly growing textile and garment sector of Vietnam is excessively dependent on imported raw material for which it pays exceedingly high prices, as most of the raw materials for the sector originate in Africa and are sold to Vietnamese manufacturers through intermediary French, Swiss and Indian wholesalers.

Nigerian textile and apparel sector pointing out signs of progress

Related Keywords: indigenous product, Manufacturers Association of Nigeria, Nigeria Textile Manufacturers Association, Nigerian apparel and textile sector, Nigerian environment, raw material, signs of improvement, textile players

The apparel and textile sector showing signs of improvement despite continuous challenges that have brought a number of textile players to their knees as they continue to remind determined to survive the Nigerian environment.

In the first half of 2013 (H1 2013), capacity utilisation in the sector was 37.4 percent. But by the second half (H2 2013), this had risen to 44.9 percent as per data from the Manufacturers Association of Nigeria (MAN).

Indian weavers turning to vettiver fibre to weave sarees

Related Keywords: bangladesh and India, chrysopogon zizanioides, global bond, khus, natural fibre, raw material, tie-up, traditional weavers, vettiver, vettiver growers, vettiver saree

The traditional weavers of Anakaputhur is a town in Kancheepuram district in the state of Tamil Nadu, who are bent on keeping the creative legacy of the place alive have now turned to ‘vettiver’ (Chrysopogon zizanioides) as raw material for a fabric, after trying their hands at several natural fibres, including aloe vera, coconut husk, banana, and jute.
 

Bangladesh RMG sector reduce reliance on imported raw material

Related Keywords: Bangladesh RMG, BTMA, cotton yarn, export industry, knit fabric, local textile, Primary Textile Sector, raw material, specialized garment, woven fabric

Bangladesh readymade garment (RMG) manufacturers which dependent heavily on imported cotton yarn and woven fabric having gradually started using more such local raw materials for the export industry.
 
According to Textile Mills Association (BTMA), the country imported 236 million kilograms (kgs) of cotton yarn and 289 million kgs of woven fabrics in the last fiscal. The import figures were 240-million-kg yarn and 295-million-kg fabrics in the previous year.
 

Indian textile market to see strong growth with the government support

Related Keywords: cotton, domestic consumption, export demand, FDI limit, garment, Indian textile market, jute, promotiona visit, raw material, silk, sourcing hub, Textile, wool

Textile & Apparel sector in India is an important contributor to the national economy in terms of direct and indirect employment generation and net foreign exchange earnings, contributing 4% to India’s GDP in 2012, the sector has also attracted direct foreign investments worth USD 1.11 billion from April 2000 to February 2014.
 
Currently, the overall textile and apparel sector accounts for about 24% of world’s spindle capacity and 8% of global rotor capacity and is expected to touch USD 223 billion by 2021.
 

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