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  • The value-added textile export associations have lauded the Economic Co-ordination Committee (ECC) of the Cabinet on approval of export package for 2017-18 which will provide 50 percent of the export package incentive for eligible textile and non-textile sectors on the same terms as for the period from January 1 to June 30, 2017 without condition of increment and the remaining 50 percent of the rate of incentive would be provided if the exporter achieves an increase of 10 percent or more in expo
  • Iluna Group, involved in knitting, dyeing, or finishing warp knit fabrics, is presenting its Iluna Green Label lace collections made with the Roica Eco Smart GRS (Global Recycle Standard) certified family, a premium stretch fibre with stretch and recovery properties, at the Interfiliere New York, being held from September 27 and 28, 2017, in booth 147. Iluna Green Label, in addition to the all over, jacquard, double jacquard and mesh, made with premium stretch, thanks to the use of the unique
  • The $ 5.6-billion leather exports from the country will be seriously affected due to certain impediments following the implementation of the goods and services tax (GST) regime, if the issues are not addressed immediately, said Council for Leather Exports (CLE). The Council welcomed the new tax regime and said that this would be beneficial for the country in the long term, though there are issues to be solved in the short term. The industry is facing a financial burden and significant outflo
  • Sustained demand from spinners ahead of long closure on account of Ashura helped cotton prices to stay firm on Tuesday. However, it was interesting to note that spinners were not ready to pay more for the lint suggesting that they are conscious of the viability of yarn in domestic as well as world marketd. The phutti (seed-cotton) arrivals into ginneries were gradually improving and according to market reports by middle of next month the flow would increase manifold to over 50,000 bales per d
  • With support from the Zimbabwe government, an increase of 150 per cent has been recorded in the production of cotton. This year, the cotton yield was 70,000 tonnes compared to 28,000 tonnes last year, the lowest since 1992. The drastic surge in cotton output also generated employment opportunities for the locals, improving the country's economy. The assistance from the government helped in the development of Zimbabwe's cotton industry. The government in association with The Cotton Company of
  • The government in Kano state in northern Nigeria has signed an agreement with China’s Shandong Ruyi Technology Group to establish a $600-million textile industrial park. The agreement was signed recently by secretary to the state government Alhaji Usman Alhaji and the company’s chairman Yafu Qiu at the company’s headquarters in Jining, Shandong. The planned investment in Kano would be the Chinese company’s biggest in Africa upon completion, A Nigerian newspaper reported quoting a statement f
  • Bangladesh's primary textile sector, an essential cog in the garment export wheel, has been witnessing a dearth of fresh investment for the last few years due to gas crisis and scarcity of bigger industrial land. Only five new spinning, three weaving and two dyeing mills with an investment of about Tk 1,300 crore were set up in the last four years, according to data from the Bangladesh Textile Mills Association. The textile sector needs heavy investment and bigger industrial plots to set u
  • Vietnamese textile and garment industry is yet to see big impact of the 4.0 revolution on his enterprise and other member companies of the assocaiton, said Nguyen Xuan Duong, chair of Hung Yen Garment Corporation, who is also deputy chair of the Vietnam Textile & Apparel Association (Vinatas). Robots and machines can only replace humans in some links of the production chain, which need repeated operations. In the fashion industry, designs must be diverse because customers don’t want to we
  • China's new economy will account for an estimated 12 percent of the country's annual GDP this year, according to a research report. "China's development strategy of innovation and industrial integration is seeing some early success," according to a report released at a forum jointly held by the Renmin University of China, and China Chengxin Credit Management. The new economic sectors have been growing at a quite steady pace, said the report. In 2014, about 8 percent of Chinese GDP was co
  • VTT Technical Research Centre of Finland has been able to dissolve worn and discarded cotton and use it as a raw material for new fibre. The first product models show that recycled fibre can be transformed into a yarn and pleasant fabric. The first batch of recycled fabric has been produced in a pilot facility based on a carbamate dissolution process. The fabric made from the recycled fibre meets the researcher's expectations: it is smooth with a subdued matt finish and drapes nicely. Ali Ha
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