Textile engineering industry (TEI) is sceptical about the domestic textile sector attracting the projected huge investment for the Eleventh Plan period in the face of the current difficulties being experienced by the latter.
While orders booked earlier were not being lifted, fresh orders are not forthcoming to the TEI because textile units across the value chain […]
The Confederation of Indian Textile Industry (CITI) has reiterated that the Central and State Governments should reimburse all duties and taxes to the textile and clothing exporters, since these units are hit by rupee appreciation.
The confederation chairman, P.D. Patodia, has said in a release that though it welcomed the increase in duty drawback rates, the […]
The Union Government of India had approved the proposal for setting up nearly 25 textile parks across India. These parks are anticipated to boost the Indian textile industry strengthening its position in the international market.
Tamil Nadu Chamber of Commerce and Industry, jointly with Madurai Textile Exporters Association, was seriously considering setting up an Integrated Textile […]
Permanent Secretary for Industry Chakkramon Pasukvanich on Thursday voiced confidence that Thailand’s textile and garment industry next year would grow over half again as much as this year due to the implementation of the Japan-Thailand Economic Partnership Agreement (JTEPA) and the government’s efforts to seek new export markets.
Speaking at a seminar on “The Future of […]
The Ministry of Textiles will soon submit a report to the Ministry of Commerce and Industries on the problems being faced by domestic exporters due to non-tariff barriers (NTBs) imposed by the western world.
“The survey is underway and the results are likely in a month. The report will be submitted to the Ministry of Commerce […]
the eleventh international African Arabian exhibition for textiles, embroidery, and sewing machinery and accessories, is expected to register a 25 per cent space increase and record visitor attendance, as more than 700 exhibitors from 30 countries confirm their participation at this year’s show, being held over 12 halls at the Cairo International Fair Ground in […]
As the US dollar weakens against the rupee, the going is getting tough for textile exporters here. The dollar, which fell around 15 percent from March this year, has burned a Rs.450-million ($11.4 million) hole in the pockets of exporters.
Kannur, around 350 km north of Kochi, is Kerala’s leading textile export hub. Its export of […]
The rapidly growing Chinese textile industry is continuing to upgrade its technical level, a new survey reveals.
The survey was conducted on China’s textile and apparel markets by a Chinese journal, “China Textile & Apparel” (CTA) this year. With Synovate Ltd as the technical advisor, the survey receives the support from industrial associations including the China […]
In a new two-storey building, scores of computerised machines cut reams of denim into different shapes as women in headscarves bend over new sewing machines. Other women scrub jean shorts with sandpaper to obtain that special, distressed, look.
The Lotus Garments Company factory is a hive of industry, one of many companies taking advantage of an […]
Prime Minister Mohammadmian Soomro has praised the services of businessmen and industrialists to the national economy and said the caretaker government would take necessary measures to solve their problems on top priority basis.
He was addressing the First Export Merit Trophy Award ceremony of the Pakistan Textile Exporters Association (PTEA) here on Wednesday. He said that […]
The High Level Committee on Manufacturing (HLCM) under the Chairmanship of the Prime Minister, while considering the Action Plan of the Ministry of Textiles for the growth of textile industry, inter alia, decided that the Ministry of Finance, in consultation with the Ministry of Textiles and the National Manufacturing Competitiveness Council (NMCC), would expeditiously consider […]
There has been a remarkable reversal of fortunes for the Indian textile industry less than three years after it was liberated from the quota-based curbs on exports to the US and the European markets because of the relentless rise in the exchange value of the Indian rupee vis-À-vis the dollar.
The rupee has appreciated about 12 […]