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Indian textile industry facing dual challenge over currency move
Indian textile industry together with including cotton yarn is facing dual challenge with the Indian rupee appreciating while there is depreciation in the Chinese currency against the dollar. In
Engineered Floors coming up with the single largest carpet manufacturing plant
Engineered Floors, a privately-held firm by carpet pioneer Bob Shaw is growing to be a strong competitor in the high-stakes flooring market. The company’s first 800,000 square feet of carpet
Fruit of the Loom to move its textile operations from Kentucky towns over global competition
Fruit of the Loom, an American company, a leader in the apparel manufacturing business since 1851, headquarters is in Bowling Green, Kentucky has decided to move its textile operations from a small
Jeanologia technologies to help jeans producers save water and reduce toxic discharge into environment
Jeanologia a Spanish consultant to the apparel industry, specialised in product and process research and development, and engineering solutions for garment production, owning 73% of the
Indian cotton seen as a hot political debate this election likely to face slow demand
India, one of the world’s major cotton exporters sees cotton as a hot political debate at the centre this election which had never been a politically sensitive crop, unlike other crops with
China sets cotton target price at19,800 yuan for 2014
China scrapping its contentious cotton stockpiling policy this year has moved to direct subsidies for farmers. Under this policy, the farmers can sell cotton at market prices and will receive
Australian wool market looking for potential market to expand demand for wool
Australian wool market is looking out for potential market for their wool, with Europe, Korea and Japan taking only a small portion of their clip. Australian wool market is working out marketing
Market for Pakistan lawn cotton catching up popularity
Lawn is a light-weight, single cloth wash fabric, weighing from 1% ounces to 2% ounces per yard which was long seen as a staple for summer clothes and considered to be cheap every day option, is now
BB to initiate its own refinance fund to the tune of Tk 2.0b for jute sector
Bangladeshi business people in the jute sector including exporters and jute mills will now get bank loans with a lower rate of interest under the new Bangladesh Bank (BB) scheme. The central bank is
End consumer likely to be affected over duty on PTA as synthetic fabrics getting costly
With the central government imposing anti-dumping duty last week on the import of purified teraphthalic acid (PTA), a raw material for the production of polyester chips which in turn are used to
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