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Search Results for: textiles

U.S. Congress renews AGOA for another 10 years will boost US-Africa trade
The African Growth and Opportunity Act (AGOA), a 15 year old law which had been due to expire at the end of September, allows sub-Saharan African nations duty-free access to U.S. markets for certain
Far Eastern plan to expand its production base in Vietnam investing NT$10 bn
Far Eastern New Century Corp., a Taiwanese conglomerate involved in production and finishing of synthetic fibres and other textiles. It has factories in China, Taiwan and Southeast Asia. The company
Solvay plan to invest R$50 mn in innovative textile fiber technology
Solvay Group to meet the growing market demand for innovative textile products is planning investment of around R$50 million in fiber and smart polyamide textile yarn production technology. The
Almeda Textile plans to boost revenue by 50pc to $30mn a year by 2018
Almeda Textile is the biggest textile manufacturing company in Ethiopia plans to upgrade factory equipment and training staff to increase revenue by 50 percent to $30 million a year by 2018. It
Polish govt plan to invest €95m to bring innovation in Lodz’ textile industry
Lodz, once the biggest and fastest growing the centre of Poland's textile industry to revamp and modernize its under invested and troubled textile players, the Polish government as part of the
UCMTF organized Iranian French seminars at various Iranian textile hubs
The Iranian French seminars were organized at various Iranian textile hubs like Tehran, Kashan, Ispahan and Yazd by the French Textile Machinery Manufacturers Association (UCMTF) during the month of
Karnataka urge the Centre to increase import duty on Chinese silk
After the reduction from 15 percent to 10 percent on Chinese raw silk, announced in the 2015-16 Budget, the Karnataka state having witnessed steep decline in prices in the raw silk and cocoon
RMG exports from India jumped 33pc in FY15 and is likely to continue the uptrend
As per the latest data of Ministry of Textiles, India's exports of readymade garments jumped 33 per cent from INR72,592 crore in 2013-14 to INR96,523 crore in 2014-15. Experts opine that the
Indonesian yarn markers want safeguard duty on yarn imports
Yarn producers in Indonesia have urged the government to impose a temporary safeguard duty on imported yarn, which they claim is severely damaging the local producers. Local yarns, especially made of
Egyptian exports to African countries declined in first quarter of current year
During the first quarter of the current year, the trade balance due to the political tensions and difficulties in transport because of higher freight rates has decreased between Egypt and other
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