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India to see drop in cotton cultivation by 15% over low price and lower demand
India’s cotton cultivation is estimated to drop by 20 percent in 2015-16 if low price and lower demand continue to remain will discourage farmers to reduce cotton cultivation, after having
Reduction in excise duty on all manmade fibre suggest CITI
Globally, manmade fibre accounts for 70 percent of the fibre consumption while in India; it is less than 30 percent. The Indian textile industry to boost use of synthetic fibre want reduction in
Illegal smuggling of secondhand clothes has created a lucrative market in Indonesia
The Indonesian market has been witnessing increase in shipment of illegal secondhand apparel which is not only threatens local garment manufacturers but also poses health risks. Widodo, the Trade
ATA and GES to bring revival in Nigerian Textile Industry
Cotton was one of Nigeria’s major export commodities and formed a major component of the gross domestic product (GDP). The collapse of agriculture as a result of the discovery of oil
Woolmark presents latest innovation in Merino wool for outerwear at ISPO Munich 2015
The Woolmark Company presents the latest fabric innovations in Merino wool at this year's ISPO trade show, the leading international platform for the sport business elite which started from 5-8
Italian fabrics continues to be the driving force of its textile industry
At the opening of the 20th edition of Milano Unica, the Italian Textiles Trade Show, on Wednesday, Italian fabrics have shown to be a driving force promoting general recovery, according to 2014 data
Punjab yarn industry seeking reduction in VAT rate on yarn on priority basis
Punjab yarn industry are losing out to cheap yarn coming from other states, making a serious dent on their business volume. After state government rolled back controversial E-Trip system, yarn makers
Farmers in US, India and China to cut cotton acreage as prices slump
According to reports, cotton farmers in US will probably cut down acreage to the lowest since 2009 after prices slumped in January to a five-year low. Plantings is predicted to drop to 9.73
JCT to repay convertible bond holder from sale of its non-core assets
JCT Ltd, one of India's leading textile makers, plans to sell some of its noncore assets to repay holders of its foreign currency convertible bonds. The company’s non-core assets include 70
Sir Lankan garment exporters poised to achieve target of USD5bn export revenue this year
Sri Lanka Chamber of Garment Exporters (SLCGE) and its partner Sri Lanka Apparel Sourcing Association (SLASA) expressed confidence of achieving this year’s government target of USD five
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