Egypt has started construction of the biggest city for textiles and clothing in the country in Al-Sadat city, minister of industry and foreign trade Tarek Kabil announced recently. The textile city, with 568 factories and $2 billion paid capital to be invested during seven years with 87 per cent foreign investment, will cover 3.1 million cubic metres. The new city in the Monufiya governorate will offer 160,000 jobs with an estimated annual production worth $9 billion, Kabil said in the prese

Ten US cotton organisations have pledged industry contributions in 2018 to support the demand-building activities of Cotton Council International (CCI), the National Cotton Council’s (NCC) export promotion arm, headquartered in Washington, D.C. The cotton industry contributions to Cotton USA play critical role in developing export markets. The ten organisations that have pledged to support CCI activities are the National Cotton Council; Cotton Incorporated; American Cotton Shippers Associatio

Chinese firm Wuxi No. 1 Cotton Mill will build a textile plant in Dire Dawa Industrial Park (DDIP) in eastern Ethiopia, investing $220 million. A cornerstone-laying ceremony was held recently for the plant, which will take 30 months to build and is expected to employ 3,000. The park is now being constructed by China Civil Engineering Construction Corporation. The plant's foundation stone laying ceremony was held in the presence of Liu Yu, economic and commercial counsellor at the Chinese emb

Over 11.334 million bales of cotton have arrived in 2017-18 season at various ginneries in Pakistan, as on January 15, 2017, up 7.58 per cent compared to arrival of 10.535 million bales during the corresponding period of last season, according to the latest fortnightly report on cotton arrivals, released by Pakistan Cotton Ginners’ Association (PCGA). In the major cotton producing province of Punjab, total cotton arrivals increased by 4.79 per cent year-on-year to 7.089 million bales, accordi

Silk production in India needs to be increased as inadequate production is leading to silk imports from China, Japan and Korea, Central Silk Board (CSB) chairman KM Hanumantharayappa said recently while inaugurating a sericulture fair in West Bengal. The fair in Behrampore attracted silk farmers from Birbhum, Murshidabad and Nadia districts. The fair was organised at the campus of Central Sericulture Research and Training Institute (CSRTI) in Behrampore, according to a report in an east Indi

Launched at Heimtextil last week (9-12 January 2018), Devan Chemicals has introduced a new range of health and wellness focused textiles, which incorporate ubiquinol – commonly known as Q10 – for improved skin, cell and organ health. Sven Ghyselinck, CEO of Devan Chemicals, says that with the company’s R-vital technology, Belgium-based Devan aims to “bring a better form of Q10 to the market.” Ubiquinol is a form of Coenzyme Q10 (CoQ10), an antioxidant and source of energy for cell rejuven

Vietnam aims to earn between US$19.5 - 20 billion from leather and footwear exports in 2018, up 10% from 2017, according to a conference in January 12. According to the Vietnam Leather, Footwear and Handbag Association (LEFASO), the leather and footwear industry is destined to increase by 5% from one year earlier, with the localisation rate of 55%. Footwear and handbags will remain Vietnam’s top four and 10 export items, respectively. In her remark at the conference, LEFASO Vice Preside

Workers process shoes in a FDI enterprise’s factory in Viet Nam. According to the latest statistics of the World Footwear Magazine in 2017, Viet Nam continued to rank second among the top 10 largest footwear exporters, with 1.02 billion pairs of shoes, equivalent to 7.4 per cent of the global footwear supply, said Diep Thanh Kiet, vice chairman of the Viet Nam Leather, Footwear and Handbag Association (LEFASO). China still maintained the top position in exporting shoes, with 9.31 billion p

Exports of jute and jute goods to India slumped by 47.62 per cent in the first half of the current fiscal year (2017-18) compared with that in the same period of last fiscal year (2016-2017) from the shock of anti-dumping duty India imposed on Bangladeshi jute products in January last year. Export earnings from jute and jute goods slipped to $55.81 million in July-December of FY18 from $106.54 million in the same period of FY17, according to the latest data of the Export Promotion Bureau.

A surge in cotton import growth in recent months has raised suspicion of capital flight from the country. Imports of cotton grew by 75 per cent in the first four months (July-October) of the current fiscal year of 2017-2018, which was not consistent with the growth of readymade garment exports, the Centre for Policy Dialogue said at a press briefing on Saturday. The price of cotton has remained stable in the global market and there has not been any fall in import of yarn and fabrics as wel