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Vietnam earned 6.75 billion USD from garment and textile exports in the first quarter of 2017, up 12.4 percent against last year, according to the Vietnam Textile and Apparel Association (VITAS).
Exports to new markets grew strongly, with Russia up 115 percent, Singapore 38 percent, Cambodia 36 percent and Brazil and India 34 percent.
Traditional markets like the United States and the European Union saw more humble export growth at 6.3 – 6.4 percent.
The VITAS noted that traditional pro
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The Pakistan Tanners’ Association (PTA) has urged the government to abolish customs duty on the import of basic raw materials in the upcoming federal budget 2017-18.
In its budget proposals, PTA Regional Chairman Azam Malik demanded that the government should allow duty-free import of raw and wet blue hides, all tanning machineries, accessories, particularly the stamping foils used by the industry for up-gradation of leather which is in high fashion and demand in Europe.
He urged the gover
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Demand for dhaka garment and textile products is continuously growing in the international market as the result the confidence of Dhankuta-based entrepreneurs involved in the production of garments made from dhaka has been going up these days. Dhankuta is a district located in the eastern Nepal, is home to around three dozen small and cottage enterprises engaged in production of Dhaka textile and garments.
Rajganga Dhaka Factory, located at Maunabudhuk, is one such manufacturer of Dhaka garme
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Cotton cultivation during current sowing season has witnessed 18 percent increase across the crop growing areas of the country as compared to sowing of the corresponding period of last year.
The government had fixed a target to cultivate the cotton crop over an area of 3.11 million hectares during the crop season 2017-18 to fulfill the domestic requirements of the cotton as well as for exporting purpose, said Cotton Commissioner in the Ministry of Textile Industry Dr Khalid Abdullah.
Tal
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Shipments of new textile machinery segments in 2016 vary, according to the 39th annual International Textile Machinery Shipment Statistics (ITMSS), by the International Textile Manufacturers Federation (ITMF). The report covers six segments of textile machinery, namely spinning, draw-texturing, weaving, large circular knitting, flat knitting, and finishing.
Deliveries of new long-staple spindles and open-end rotors soared by nearly 111 per cent and 66 per cent, respectively from 2015 to 2016
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The Cotton 2040 initiative has been designed by Cotton Australia to drive change in cotton supply chains by taking collaborative cross-industry action so that more sustainable cotton becomes a mainstream commodity. The organisation met the stakeholders across the cotton supply chain in Berlin to progress the work of the Cotton 2040 initiative.
Through Cotton 2040, Cotton Australia is helping to develop a framework and practical tools for brands and retailers to help them solve some of the int
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The Indian High Commissioner to Bangladesh Harsh Vardhan Shringla speaking at a technical symposium on “Current Trends in Textiles” organized by Grasim Industries Ltd (Aditya Birla Group) in Dhaka on Monday night said that both countries India and Bangladesh need to work together to tap the benefits of global textile industry changes by creating and strengthening cross border value chains.
At present, the manufacturing is “increasingly” shifting to countries in South and Southeast Asia due to
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Japan is a major textile importing country with almost 97% of their textile requirement being sourced through imports in which India accounts for just 1.24% and hence it is looking to expand its share of the Japanese textile market by getting its government to pitch in and help Indian exporters by improving the testing standards and better understanding the requirements of their customers.
Kick-starting the initiative, the Centre held a workshop in association with Japanese quality regulator
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The government has set a target of $45 billion exports from the country's textile and garment sector in 2017-18, lower than the $48 billion set for the last financial year (FY) which was missed by a huge margin.
The country's overall textiles and garments exports during 2015-16 stood at $40 billion, mainly because of less demand in major markets such as the US, EU and China, and stiff competition it faced from countries like Vietnam and Bangladesh, which enjoy an edge over India.
"We ha
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Pakistan’s textile and clothing exports fell 0.92 per cent year-on-year to $10.29 billion in July-April mainly because of lower proceeds from raw material and low value-added products, such as cotton yarn and fabrics.
Data released by the Pakistan Bureau of Statistics on Monday showed the decline in export proceeds was also evident in rupee terms.
Exports of value-added products grew during the 10 months in terms of both value and quantity.
Product-wise details show exports of readym