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Search Results for: export+growth

U.S. gripes over Uganda Ban on second-hand clothes
The Ugandan government has in the past proposed a ban on importation of second hand clothes, commonly known as mivumba, in order to protect and promote the local textile industry. But the US embassy
Govt considering cut in excise duty on MMF in the new policy
The Ministry of Textiles is set to announce a cut in excise duty on MMF in the new policy in order to boost investment to meet growing demand from the synthetic textile industry. The MMF industry
India’s woollen industry facing double whammy
India’s woollen industry is facing distress with decline in exports of woollen yarn, fabirc and made-ups by 48 percent and woollen garments by 9 percent in the first quarter of the current
Blended yarn price moves down in China, up in Pakistan
In Qianqing, PC (65/35) 32s yarn prices US cent 1 a kg in the third week of August while 45s PC combed yarn prices were stable during the week. 32s PV (65/35) were flat on the week. Blended yarn
Viscose yarn price inches up amid fair liquidity
In Jiangsu, 30s spun viscose prices in Xiaoshan climbed US cent 1 a kg in the third week of August while 40s compact sirospun yarn prices inched up US cents 2 a kg. Spun viscose yarn markets were
Zambia to invest USD15m in re-establishing Mulungushi Textile Factory
The Government of Zambia identifies textile as one of the priority sectors for the country’s industrialization and economic development will make investment of USD15m in re-establishing the
VITAS suggests govt to update textile sector development strategy
The Vietnamese textile industry’s export value under the current planning was targeted to reach US$20 billion by 2020, but the figure exceeded $27 billion in 2015 and is expected to hit $31
Indian textiles sector likely to get hurt by TPP
Textile and clothing sector accounts for roughly 5 percent of India’s GDP, 15 percent of its industrial output and export earnings and provides livelihood support to 55-60 million people
Tunisian textile industry at risk due to anarchic importation and smuggling
The Tunisian textile industry’s local production that currently accounts for only 20 percent of the goods available for purchase on the local market is threatened by uncontrolled imports and
Rebirth of cotton spinning in Manchester
English Fine Cottons (EFC) is bringing cotton spinning to Manchester after a near 30 year hiatus. It has restored a mill in Dukinfield, to the east of Manchester, that was built in 1853 and stopped
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