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Search Results for: investment+manufacturing

India expects to consolidate its position in textile sector over the coming years
The Indian textile industry plays an important role of the largest contributing sectors in the country’s exports by contributing nearly 13.25% to the country’s total exports basket
China’s textile industry looking for greener pastures in Africa
Rising labour costs, raw materials and slowdown has been staring at textile industry in China for quite some time now. And a move to expand outside China is also discernible to wade of from high cost
Sourcing pattern not been affected by shift in production base in China
Manufacturing has been shifting away from the more expensive southern China to Southeast and South Asian countries such as Vietnam and Bangladesh. The shift is being led by textiles which may have
Dickies global work wear maker heads to India with big plan
Williamson-Dickie Manufacturing Company, a global work-wear maker originally an American based company has signed an exclusive licensing agreement with ID Overseas. This agreement authorises the use
Indorama Venture Plc plans to acquire a leading premium polyester tire cord fabric producer
Indorama Venture Plc (IVL) has announced that (subject to the approval of regulators) it plan to acquire the Asian manufacturing operations of Performance Fibers Asia (PF Asia) from an affiliate of
Brooklyn to become a new fashion epicenter in America
The upcoming launch of the Manufacturing Innovation Hub for Apparel, Textiles & Wearable Tech in Brooklyn will make the region a new fashion epicenter in America. The space aims to support
Welspun to invest Rs 2,500 cr into modernization and expansion of textile facilities
Welspun India, Asia's largest and the 2nd largest Terry Towel producers in the World based in Mumbai, as part of its expansion plan would be making investment of Rs 2,500 crore in their textile
Sustainable Composite Technologies shows interest to locate in Port Arthur
Port Arthur, a small town on the Tasman Peninsula, Australia is a good place to do business, that’s the message delivered by the city’s Economic Development Corporation (EDC) and the
Chinese Cos duped by North Korean textile manufacturers used as a production base
The North Korean manufacturers are known as toll processors and use specialized equipment to produce export bound apparel for the Chinese companies, which supply the raw material. These contracted
Global clothing brands invited to localize their production in Russia
The textile industry in Russia has an ethical tradition and commands respect in the global market . Though the Russian textile industry faced challenges in the nineties, it is now emerging as a
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