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Spinning mills resort to capacity cut to overcome domestic glut
Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major
Indonesian textile makers in trouble over rising production costs and low sales
With an economic slowdown pressing people’s purchasing power, Indonesian textile producers are facing weak sales and rising production costs. They have urged the government to take swift
Mohawk plan realignment of its Georgia yarn plant
Mohawk Industries Inc.. the Calhoun Ga – based flooring manufacturers plans realignment of its yarn operations in northwest Georgia in order to better leverage its investments in manufacturing
AGOA duty free trade treaty likely to help African textile exports touch $4bn
The African Growth and Opportunities Act (Agoa), the new US duty free trade treaty which is likely to get extension for another 10 years in which about 40 African countries are eligible to take part
FICCI seeks Govt intervention vis-à-vis cotton crisis
Dr. A Didar Singh, Secretary General of the apex industry body Federation of Indian Chambers of Commerce and Industry (FICCI) wrote a letter to Textiles Minister Santosh Gangwar regarding the
Top Indian designers to give a face lift for Banarasi handloom industry
Designer-turned-BJP politician Shaina NC came up with an innovative concept of organizing an event where reputed Indian designers will converge in a bid to revive core Banarasi handloom products,
Short-staple spindles shipment falls in 2014, flat knitting machines up
The International Textile Machinery Shipment Statistics released by the International Textile Manufacturers Federation (ITMF), shows that shipments of textile machinery across segments declined in
CCI chooses Bangladesh for export of cotton comes through its global tender
The Cotton Corporation of India (CCI) has finally decided to come out with global tender for export of cotton to Bangladesh. CCI chose Bangladesh as the logistics are better and easier to manage
Bangla top businessmen intend to set up a 1,000 store retail chain in India
Bangladesh, the world's largest garment exporter, wants to enter the Indian market, which was opened up some years back by removing all tariffs on Dhaka's manufactures. Moreover, with Western buyers
Japanese firms in China looking to reposition their bases in PH
Many Japanese companies that have set up their bases in China are facing difficult to continue doing business due to declining economic growth, labor strikes and wage increase. They want to relocate
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