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Related Keywords: enjoying good growth in exports to the US market even without TPP, enterprises continuously made investment in machines and technology, forecasted to benefit greatly, from the Trans Pacific Partnership, holding second biggest market share in the US and Japan, improve productivity, reduce cost, Vietnam garment and textile sector, Vinatex

Vietnam’s garment and textile sector which is forecasted to benefit greatly from the Trans Pacific Partnership (TPP) is still enjoying good growth in exports to the US market even without TPP. Holding the second biggest market share in the US and Japan, according to Le Tien Truong, Director General of the Vietnam National Textile and Garment group (Vinatex).

Related Keywords: considering consolidation and modernization, expand it Entyce showroom network, helped mills improve productivity, improve quality, National Textile Corporation, reduce cost, textile sector, through franchisees, used for the free dhoti and saree scheme, yarn and fabric from the cooperative spinning mills and TNTC

National Textile Corporation (NTC) which has seven mills in the State, is considering consolidation and modernization. The NTC also plans to expand its Entyce showroom network through franchisees. It had invested in modernisation between 2008 and 2010 and taken up capacity addition in two mills two years ago. This has helped the mills improve productivity, reduce costs and improve quality, said A. Arulsamy, Executive Director (south).

Related Keywords: by ship, cost much lower, initiative to promote coastal shipping, offer incentives, reduce cost, shipping companies agreed, signs MoU, SIMA, start transport cotton from Gujarat, textile spinning mill in Tamil Nadu, transporting cotton through ship, use RO-RO ships, with INSA

Southern India Mills’ Association (SIMA) has signed a MoU (memorandum of understanding) with INSA (Indian National Ship Owners' Association) for transporting cotton through ships. Textile spinning mills in Tamil Nadu to start transport cotton from Gujarat to their units here by ship as the shipping companies have agreed to reduce cost, said T Rajkumar, chairman, SIMA.

Related Keywords: investment opportunities, Kenya textile industry, local manufacturers, one billion dollar, policies, reduce cost, Special Economic Zones law, Textile City, textile export

Kenya plans to push its current 300 million dollar worth of textiles exports to at least one billion dollars in the next two years for which they need to reduce the cost of doing business and at the same time improve the ease of doing business.

According to Industrialization Cabinet Secretary Adan Mohammed to achieve the target of one billion dollars of textile exports annually to the U.S. in the next 24 month, the goal will only be achieved if Kenya becomes a low cost apparel manufacturing country.