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2015-02-18 14:00:00
Chinese textile industry struggles over slow moving global market conditions
Slow moving global market conditions have hit China's labor-intensive industries, especially garment and textile production. As the textile industry struggles, cotton imports declined 44.9 percent
2015-02-09 16:00:00
Vietnam likely to become second biggest EM apparel supplier surpassing Bangladesh
Vietnam apparel industry to benefit from Trans Pacific Partership agreement (TPP) according to a research report by Standard Chartered Bank. A wave of foreign investment in Vietnam’s textile
2015-02-03 15:00:00
New draft textile policy of Maharashtra proposes to improve efficiency like China
The Suresh Halwankar Committee formed to review the existing textile policy of Maharashtra taking into consideration that India are losing out the market to China mainly because it takes nine
2015-01-03 15:00:00
India sought clarification from the WTO on phasing out the subsidy for textile exports
India’s textile and garments sector employ over 35 million people and accounts for over 12% of its total exports. The export subsidies offered by India for Textile and Clothing are under
2014-12-26 11:00:00
TN textile sector seeking govt support to move up the value chain
Tamil Nadu textile industry has lot of potential and is looking for government’s assistance to move up in the value chain. Their share of yarn exports was nearly 60 percent. The industry in
2014-12-16 13:15:00
Will the crude oil price free fall stop, will chemical fibres react?
Crude oil prices have retreated US$50-53 per barrel or US$360-390 a ton since its peak of June 2014. More than that, the first two weeks of December has already seen them falling more than US$11 a
2014-12-16 10:00:00
Chinese group acquired one fourth of Masood Textiles total shareholding
Shanghai Challenge Textile Company, a Chinese company purchased 14.6 million shares of Faisalabad-based company Masood Textile Mills, which constitutes 24.3% shares roughly one fourth of the total
2014-12-08 10:00:00
GSP Plus gateway can bring many positive changes in Pakistan textile industry
Pakistan has witnessed an increase of 20-25 percent in enquires and order from European countries in the last 11 months, said Multinational Export Bureau CEO Babar Khan who runs two textile factories
2014-12-01 17:00:00
Texpreneurs forum urge for fibre policy to make the spinning sector in India more competitive
The Indian textile industry is facing hurdle on account of differential taxation, rising energy cost, lop-sided fibre and trade policy. And this is at a time when the global demand for fibre
2014-11-17 12:00:00
Bangladeshi RMG units increasingly sourcing their raw material from aboard
Bangladeshi garment manufacturers have started looking towards other destination such as China and India for source their raw materials as the local textile mills due to low pressure of gas and
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