The textiles industry in the United Kingdom is all set for a boost with £9 million investment. JR Group UK, global leader in the production of textile fibres, is moving its Halifax nonwovens business, Texfelt, to Bradford in UK. The business that will be shifted to state-of-the-art facility in Cutler Heights will focus on producing recycled textile items. With the set up of business in UK, it is expected that it will generate 46 new jobs in a period of 5 years. A major portion of the project

Kenya recently set up a national task force to oversee the commercialisation of transgenic cotton in the next five years. According to cabinet secretary for agriculture, livestock and fisheries Willy Bett, Kenyan farmers will start cultivating Bt (Bacillus thuringiensis) cotton in 2019 once the task force establishes structures to support that endeavour. Controlled field trials of Bt cotton have been conducted since 2002 at Kenya Agricultural, Livestock Research Organization (KALRO)'s resear

Domestic textile majors in Kerala State are making a beeline for the traditional Khadi and handloom production hubs with lucrative offers for outright procurement of their products, while the State government is gearing up to execute a textile modernization plan. Key players were coaxing the Khadi and handloom production units in Kannur and Thrissur, to begin with, to sell their products at competitive prices and also seeking an assurance that they would consistently meet the demand for a fix

The government has taken an initiative to allocate 500 acres of land to the country’s readymade garment exporters for setting up an ‘RMG Block’ in the Mirsarai Special Economic Zone of Chittagong. The Bangladesh Garment Manufacturers and Exporters Association on Saturday asked its members to inform the trade body within seven days about their interest in buying industrial plots in the SEZ. In a circular, BGMEA president Md Siddiqur Rahman said that the trade body started talks with the Ban

China will deepen economic and financial reforms and further open its markets to foreign investors as it looks to move from high-speed to high-quality growth, President Xi Jinping said on Wednesday. China will push ahead with market-oriented reforms of its foreign exchange rate as well as its financial system, and let the market play a decisive role in the allocation of resources, Xi said at the opening of a key, twice-a-decade Communist Party Congress. “China's open door will not be closed,

Apparel manufacturers have urged the government to ensure stable prices of power and gas to help boost their businesses along with long-term policy support to remain competitive in the global market. At a roundtable at a Dhaka hotel on Wednesday, the participants discussed the readymade garments sector’s (RMG) present situation and possible moves to improve while some of them also called for efficient functioning of all of the country’s ports. Bangladesh Garment Manufacturers and Exporters

The exports of readymade garments from India in September 2017 was recorded at Rs 10,707 crore, up 24.93 per cent over exports of Rs 8,570 crore in the same month of previous year, according to the trade data compiled by Indian Texpreneurs Federation (ITF). The rise in exports is a boost to the domestic manufacturing value chain of textiles. The growth in apparel exports was observed after a decline for two months. The robust retail sales in the festive season will also increase the domestic

India’s annual rate of inflation, based on monthly wholesale price index (WPI), declined to 2.60 per cent for the month of September 2017 over same month of last year. The index for ‘Manufacturing of Textiles’ group rose by 0.6 per cent to 113.4, while the index for ‘Manufacturing of Wearing Apparel’ group rose by 0.1 per cent to 136.6 in September. The official WPI for all commodities (Base: 2011-12 = 100) for the month of September 2017 declined by 0.4 per cent to 114.3 from 114.8 for the p

South Korean fashion firms are keen on tapping into overseas markets due to a prolonged domestic slump. The domestic fashion market’s size is projected to reach 39.3 trillion won in 2017, which would mark the fourth consecutive year of single-digit growth for the industry, causing many industry watchers to perceive it as a sector slowdown. Shinsegae International Inc., the apparel arm of retail giant Shinsegae currently runs 48 branches of the VOV womenswear brand, said it is planning to ope

Karl Mayer, a leader in the production of warp knitting and warp preparation machines, is set to host an in-house show in Changzhou, China, from November 23 to 25, 2017, to mark the company’s 80th anniversary. The company is also marking this milestone by holding a series of special events with other in-house shows held at its different subsidiaries. During this technical presentation, the new TMJ 4/1-T terry warp knitting machine in a gauge of E 24 will be showing its features whilst produc