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Vietnam firms dwindling as FDI in textile and garment expands
Textiles and garments are the key export item of Vietnam, with $24 billion worth of export turnover in 2014 and an expected $27-27.5 billion in 2015. However, there is a big problem that while
Nortex to make investment of P3m on machinery to increase production
Northern Textiles (Nortex), Botswana’s largest towel manufacturer which presently produces six tones of towels a day are planning to increase production to 6.5 tonnes in the current financial
KSIC flying high with AI picking up Mysore silk saris for airhostesses
The Karnataka Silk Industries Corporation Ltd (KSICL) is flying high with Air India staff opting for its Mysore Silk saris. During the last fiscal, Air India ordered 10,000 saris -- 6000 were
Extended public holiday has reduced fresh enquiries for cotton from mills
The Pakistan government on the occasion of Eid-ul-Fitr announced that public holiday has been extended from 17 July, 2015 to 21 July, 2015 as a result business activity has mostly ceased as the
Polyester pricing in June 2015 A year of fall - Part I
Watching the fall in polyester chain for about a year now, one segment which has apparently escaped the trend is the ethylene chain including its derivative mono ethylene glycol segment. Crude oil
Cotton continues to face constant challenges from synthetics fiber
Cotton Incorporated, aims to improve the demand profitability of cotton through research and marketing as cotton continues to face unremitting competition from synthetic fibers. The organization
TN synthetic yarn manufacturers decide to restrain production
Tamil Nadu textile spinning mills producing blended yarn including polyester cotton by using synthetic material, have decided to stop production during the weekends with immediate effect as losses
Bangladesh govt revises cash incentive rates for several sectors to boost exports
The Bangladesh government has reworked on cash incentive rate for 14 sectors including apparel to encourage exports during the current fiscal year. The central bank issued a circular to this effect
Chinese textile industry may be affected as US and Vietnam push for TPP
China's export industries, the textile sector in particular, may possibly be affected as the US and Vietnam join hands in pushing the trade partnership. Vietnamese Communist Party chief Nguyen Phu
Cbazaar link up with Ritu Kumar to reinvent textiles of Indian heritage for modern era
Cbazaar, one of the largest ethnic fashion e-store based in Chennai has relaunched itself with a new brand identity "EthnoVogue" to take the Indian fashion story forward across the globe. Ritu
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