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2017-11-08 10:00:00
Synthetic textile raw materials getting costlier with rising crude oil price
Synthetic textile manufactures are witnessing raw materials getting costilier by two to five percent over the past month due to a sharp increase in crude oil prices. IT is expected a further
2017-11-02 14:00:00
US garment and textile firms seek their own investment opportunities in VN
The Southeast Asian country’s garment-textile and footwear exports to the US are likely to increase in the coming time, even without TPP, according to Nate Herman, Senior Vice President of
2017-11-01 11:00:00
Vietnamese products displayed at Hong Kong fashion fair
Vietnam is seen rapidly improving its supply chain for locally made garments and taking part in more free trade agreements with increasing number of overseas buyers are sourcing products from the
2017-10-31 00:00:00
Vietnamese textile, garment exports likely to exceed $30bn in 2017
Vietnam has not witnessed many large-scale new foreign direct investment (FDI) projects in its textile and garment sector this year as was seen three years ago. However, foreign investors are seen
2017-10-25 14:00:00
Egypt to partner with China to develop textile industries in Minya
Egyptian Supreme Council for Textile Industries is work to establish a partnership with a major Chinese company to develop a project that aims to improve a free zone specialised in textile industries
2017-10-24 17:00:00
Ludhiana based knitters seek higher import duty on man-made fibres
Ludhiana is a hub of knitwear industry in Punjab, having around 5,000 units with a majority of them in the MSME sector, disturbed over the rising imports of man-made fibre textiles from China due to
2017-10-24 12:00:00
Revision of incentives helps Pakistan’s textile exports gain traction
The Ministry of Textiles of the Pakistan Government has issued a notification stating that in pursuance of entry 7 of item 39 of Schedule II of the Rules of Business, 1973, the Prime Minister package
2017-10-13 15:00:00
Bal Tekstil signs supply contract with IKEA
Bal Tekstil, professional manufacturer of carpets and rugs in Ontustik, the South Kazakhstan region’s special economic zone, since 2011 has signed a supply contract with IKEA, Sweden’s
2017-10-13 14:00:00
Textile sector to get some relief with reduced GST on yarn
The man-made fibres and yarns were slotted under 18 percent GST rate while the fabrics were slotted under 5 per GST slab with a condition of no refund ITC at fabric stage. This had created a huge
2017-10-12 10:00:00
Textile exporters hit hard by unfavourable currency movement
Indian textile exporters have been facing subdued demand trends over the past few years in the key textile consuming regions of the US and EU which accounts for a majority of exports from India as
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