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Search Results for: low wage

Improving workforce skill becomes top priority ahead of automation for VN
Globalisation and technology revolution are posing increasingly greater challenges for Vietnam’s economy, as the country’s labour force will grow from 55.5 million on 2016 to 62 million
China offers Bangladesh technology and finance for jute viscose project
China has made an offer of technology and finance to Bangladesh for building a plant to make viscose fibre from jute. Viscose made from cellulose fibre found in trees by way of a complex chemical
Chinese designers keen to preserve culture
The Chinese community is making effort to preserve its textile culture. Hong Kong-based Elaine Ng, is among the growing number of designers focused on ecological and cultural sustainability who hope
Govt officials visiting textile hubs to help adopt digital transaction
The government has started sending officials to various textile and garment clusters across the country to facilitate the opening of bank accounts for workers, including the casual ones, and help
Eclat Textile plans to close its Chinese manufacturing base in Wuxi
ECLAT Textile, Taiwan’s largest technology-based textile company, professional functional and flexible knitwear fabric producer and apparel manufacturer decides to completely close Chinese
Jute supply plummeting after the monetary reform
With the decline of cotton supply to textile units vis-a vis demonetization, the jute supply is also following a similar trend. The supply of raw jute to mills estimated a disruption in the sourcing
Steep decline yarn prices affecting powerlooms sector
Cotton price that stood at Rs 52,000 a bale (172 kg) some months back has started declining slowly which is now available at Rs 46,000 to Rs 48,000 a bale. A steep decline in yarn prices is affecting
Textile ministry to focus on new markets for handloom sector
India sees a huge scope for promoting its handloom and handicraft products in the niche markets world over. Also the export of handicrafts continued to grow at the rate of 17 percent. As many global
Textile hub Ichalkaranji crippled due note ban bombshell
Ichalkaranji a major textile hub in the country, known as the Manchester of Maharashtra, in just 15 day the daily turnover at has plummetted from Rs 45 crore to Rs 13 crore as traders are cancelling
TN state to offer 50pc subsidy for setting up Mini Textile Parks
At a group meeting of about 20 entrepreneurs engaged in handlooms and textile business held here on Thursday, Collector S. Natarajan addressing the group said that the State government has offered
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