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Textile and apparel exporters' earnings and EBITDA margins will be impacted in the near term due to the Indian rupee's 5 per cent appreciation against the dollar in 2017 year to date and weak apparel imports from markets such as US and UK, says a recent report. The on-going strength of the INR vs USD constrains the price competitiveness of textile exporters.
Apparel exporters' value-added garments mix, partially hedged forex exposure, debt-light structure and reasonable liquidity support the
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The Chairman of Central Silk Board of India, K.M. Hanumantharayappa , has taken a crucial decision to stop the import of silk from China. Presently, India is producing 28,000 to 30,000 tonnes of raw silk every year as against its requirement of 34,000 tonnes. A shortfall of 4,000 to 6,000 tonnes is being made good by imports from China.
According to him, though Karnataka accounted for as much as 60% of the country’s raw silk output, there was no State in the country that was not producing sil
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Vietnam earned 6.84 billion USD from garment and textile exports in the first quarter of this year, a rise of 11.2 percent year on year, according to the Vietnam Textile and Apparel Association (VITAS).
Currently, Vietnamese garment and textile products have been available in 40 countries and territories over the world, with major markets including the US, Japan, the Republic of Korea, China and the EU.
The VITAS urged enterprises to optimize the capacity of their equipment to reduce produ
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Domestic production of cotton yarn and cotton cloth during first eight months of current financial year grew by 0.67 percent and 0.43 percent respectively as compared the production of the corresponding period of last year.
According the computation of Quantum Index Numbers of large scale manufacturing industries released by the Pakistan Bureau of Statistics about 2.285 million tons of cotton yarn produced during the period from July-February, 2016-17 as compared the production of 2.269 milli
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While some say that China still relies on its traditional growth boosters for its strong results, the world' s second largest economy is making strides far beyond its expectation-beating growth.
Taking a closer look at China's 6.9-percent economic expansion in the first quarter, it is the increasing role of the consumption and service sectors, rather than infrastructure spending and credit growth, that deserves attention.
First-quarter GDP growth accelerated from 6.8 percent in the previ
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At ISPO 2017, held in Munich on 5-8 February, there was almost as much knitted fabric to be examined in the footwear ranges on display as there was in the clothing.
This follows the success of Adidas and Nike in introducing one-piece seamlessly knitted uppers into their footwear ranges. Constructions featuring full uppers or knitted mesh panels certainly now dominate the market.
They include the ISPO 2017 Product of the Year, the extremely lightweight Cloudflash by Swiss brand On Running, whic
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Brazilian exports of textiles and clothing to the Arab World has surged during the first two months of 2017, increasing by 87.5 per cent compared to the same period in 2016. Huge demand for synthetic fabric and sisal rope used in ships and rigs led to the increase in total sales reaching $3 million up from $1.6 million in January and February 2016.
The export figures have been announced by the Arab Brazilian Chamber of Commerce (ABCC). The Brazilian Textile and Apparel Industry Association (
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Under the heading ‘Living in Space’ and in cooperation with the European Space Agency (ESA) and the German Aerospace Centre (Deutsches Zentrum für Luft- und Raumfahrt – DLR), Techtextil is also in the age of space travel. Here the JWST’s primary mirror is inspected (c) 2017 Photo: ESA/NASA–C. Gunn
There is hardly any other sector that can boast of having a development dynamic and innovative power as impressive as the technical textile industry including the non-woven sector. This is not only
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Mimaki USA, a leading manufacturer of wide-format inkjet printers and cutters, has designed a new direct-to-textile printer, TX300P-1800B, which has an advanced belt transport system to ensure stable feeding of stretchy and thin fabrics. The printer with many features of high-end direct-print models is suitable for users making samples or short-run pieces.
The 74-inch wide TX300P-1800B direct-to-fabric textile printer has been designed specifically for direct-to-textile applications. It inclu
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Aamir Fayyaz, chairman of the All Pakistan Textile Mills Association (APTMA) exhorted the Chinese textile sector to invest in Pakistan by setting up joint ventures with Pakistani entrepreneurs or by relocating their facilities to Pakistan. He said the Chinese investors could take advantage of the duty free market access under the GSP+ facility.
"Fayyaz was addressing a delegation of textile companies from Tianjin city of China in the APTMA Punjab office," Pakistan media reported.
He also