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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
Cotton prices depressed across major markets, yarn follow suit
In early June, YnFx had predicted that cotton prices will remain subdued in June as global supply and demand volumes then pointed to sustained weakness while a number of factors were underpinning
SIMA organized seminar for garment units on skill development scheme
Southern India Mills’ Association (SIMA) to create awareness among garment and made-up segments of the textile sector organized a seminar on June 23 in Coimbatore on the Pradhan Mantri Kaushal
BHE plan to upgrade its existing Ludhiana facility making investment of Rs15cr
Bhandari Hosiery Exports (BHE), a leading exporter, manufacturer and supplier of garments from Ludhiana are planning to gradually strengthen their backward integration business, which will
Readymade garment export from Bangladesh slowing down
Readymade garment exports from Bangladesh are although growing, but at a slower pace in the current fiscal year, the latest government data shows. According to Export Promotion Bureau data exports
Egyptian cotton production likely to see 35 pc drop in the next quarter
Egyptian cotton lauded for its soft texture and durability has been used to produce some of the world’s premium linen and clothing for over two centuries is presently facing a serious decline
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
PTA prices moderate as plants issues in Asia fade away
Purified terephthalic acid prices moderated in Asian markets as the spate plants issues subsided slowly and attention was turned towards waning demand for PET and polyester. Market plants expect spot
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
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