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India's apparel exports, expected to grow steadily, maintaining a compound annual growth rate of 12.06 per cent to hit $82 billion by 2020-21, are expected to remain flat during this fiscal and the first half of next year due to a decline in overseas demand, primarily in the United Arab Emirates (UAE), says a report by US-based trade finance company Drip Capital.
The overall market demand is pessimistic and exports have been declining in the key export markets, the report, titled 'Commodity
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The trading pace was slow in the Brazilian cotton market in March. The CEPEA/ESALQ cotton Index, with payment in 8 days, remained stable (+0.1 per cent) between February 28 and March 29, closing at 2.9346 BRL per pound on March 29. The average price for the month, at 2.9262 BRL per pound, was a slight 0.27 per cent lower than that from February 2019.
Pic: Erbs55 from Pixabay“Some processing plants had low interest in new purchases in the spot market, while others stayed away from the market.
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wo seminars were organized by Sunichem Corporation, China and Dysin-Chem Ltd., Bangladesh mainly for introducing Sunichem Corporation in Bangladesh textile market
Right time product delivery is one of the key challenges of textile and apparel industry. To overcome the challenge Dysin-Chem Ltd. can help the millers through comprehensive range of products. Dysin is the largest Dyestuff and Chemicals supplier and technical service provider for the Bangladesh Textile Industry. It is the pioneer t
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Major UK retailers, including Marks & Spencer, Debenhams and New Look, are closing a significant number of stores over the next three to five years and town centres will be the hardest hit locations, with clothing and footwear spending projected to fall by 13.8 per cent or by £2.4 billion between 2018 and 2023, according to data analytics firm GlobalData.
Pic: Global Data
Online penetration in clothing and footwear is set to reach 34.5 per cent by 2023, more than doubling since 2013 whe
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Bangladesh is growing fast to be a hub of organic textile manufacturing amid a rise in demand from international apparel retailers, said a statement of the Global Organic Textile Standard (GOTS), an international benchmark.
The number of globally recognized textile factories, which use organic raw materials, rose 29 percent last year in bangladesh, with the growth rate being highest globally, said Sumit Gupta, GOTS representative for India and Bangladesh, said in a recent statement.
Figure
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Archroma, a leader in colour and specialty chemicals towards sustainable solutions, will be presenting its system solutions for optimised productivity and/or value creation in textile colouring and manufacturing at China Interdye, in Shanghai, next week. The company offers a wide portfolio of dyes and chemicals aiming to increase sustainability and innovation along the entire value chain, from fibre to finish.
EarthColors by Archroma, a range of dyes synthesised from agricultural waste. © Arc
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Esmetex, a leader in producing and sourcing fabric, has introduced Frontier, an online platform designed to digitise the fabric supply chain from creative fabric development, to the inspection process, to 3D garment design. The Frontier digital platform can cut the creative development cycle by more than two weeks, effectively collecting and organising information from the supply chain, according to the company.
The Frontier platform is designed to streamline creative development for the text
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Indian Technical Textile Association (ITTA) – the apex body of Technical Textile manufacturers in the country has joined hands with Taiwanese counterpart Taiwan Technical Textiles Association (TTTA) to promote the Technical Textile Industry in both the countries. ITTA Chairman Dr. K S Sundararaman has taken initiative to forge the partnership between the two leading associations and accordingly, a Memorandum of Understanding has been signed in Taiwan recently.
From ITTA, Amit Agarwal, Vice Ch
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In the last quarter of 2018, the Department of Industrial Policy & Promotion (DIPP) received 67 proposals related to textile manufacturing. Of this, almost 27% were in yarn and related sectors, 24% was from the apparel sector, and 21% were proposals for technical textile manufacturing.
There were nine proposals from the fabric weaving sector (both cotton and manmade), and seven proposals for textile processing. There was one proposal for made-ups manufacturing, and one for ginning. The cu
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According to the market report published by Future Market Insights (FMI) titled ‘Fabric Care Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027’ the revenue generated from fabric care is estimated to be valued at over US$ 90,658.6 mn in 2018, which is projected to increase at a CAGR of 5.9% during the forecast period (2018-2027).
Fabric care detergents, a product type segment, is projected to gain significant growth in the global fabric care market owing to the in