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  • An 11-member delegation of China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT) will visit Pakistan to explore possibilities to production their units in the China Pakistan Economic Corridor (CPEC) economic zones through joint ventures with local companies. The delegation will also attend Texpo Fair which is scheduled to be held from April 7 to 10. Chief Coordinator Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) Ijaz A. Khokhar told th
  • At a conference hosted by the Vietnam Textile and Apparel Association (Vitas) recently, economic expert said that Vietnamese businesses in the field of garment and textile material have been showing lack of interest due to low profit margin and long payback period. They forecast that Vietnam now has 5,028 garment and textile businesses while the number of material suppliers is only 604. The material deficiency has created which is unlikely to improve in the next five years. At the same ti
  • The Maharam Design Studio recognized for its rigorous and holistic commitment to design as a leading provider of textiles to architects and interior designers has introduced a new range of upholstery textiles combining sustainable manufacturing with luxurious design and vibrant colours for dramatic commercial and residential interiors. Mode from the Maharam Design Studio is a high-performance, vibrantly coloured textile offering the look and feel of wool. Heavier-denier yarns have been used t
  • The Jute industry in India due to lack of innovation and diversification is facing biggest bottleneck, as sacking still rules the market and manufacturers shy away from diversification because of the steady orders they procure from rice and wheat producing states and their lack of exposure to the exponentially growing global market for jute diversified products, said Chhabilendra Roul, additional secretary at the agriculture ministry's research and education department. The Indian jute indus
  • Trading on the cotton market improved as needy spinners rushed back to replenish their stocks on Tuesday. However, buying pattern was more of short-term covering than building up of stocks. Market sources said that as the current season is drawing to a close, spinners are engaged in short-term requirements. The reports of better off-take in cotton yarn market also induced sentiment, brokers said. The rise in petroleum prices resulted in higher polyester yarn prices by up to Rs2 per kg also
  • Five years into talks for a free trade agreement (FTA) with Australia, India wants zero duty on textiles, automobile parts and fresh fruit. On its part, Australia is seeking tariff reduction in dairy products, fresh fruit, pharmaceuticals and wines. Commerce Minister Nirmala Sitharaman said on Monday that negotiations on FTA are progressing substantially and the two countries are probably “close to a deal”. Her comments came at a CII event in New Delhi. Sitharaman said she had met the Aust
  • An employee adjusts a thread on his mechanical lace-making machine called Leavers loom at the Desseilles Laces factory in Calais, northern France.[Photo/Agencies] Chinese leading textile company Yong Sheng, a Hangzhou-based privately owned enterprise, has acquired French lace producer Desseilles Laces SAS, one of the oldest lace producers in the country, for 300,000 euros ($341,300). Founded in 1993, Hong Kong-listed Yong Sheng sells its products to more than 60 countries and regions, and
  • The country’s export earnings in the July-March period of the financial year 2015-16 grew by 8.95 per cent to $24.95 billion from $22.90 billion in the same period of FY15, riding on an excellent performance of the readymade garment sector. Experts and exporters found the export earnings growth in the first nine months satisfactory and estimated that the government’s export target set for the current fiscal year would be achieved. They said the export earnings growth is mostly RMG-driven a
  • Cotton trading was listless on Monday as buyers and sellers generally remained on the sidelines. Ginners have very little quantity of stocks at present, especially of quality cotton. According to market sources, the latest report of phutti (seed cotton) arrivals issued by ginners’ body a day earlier has strongly indicated that crop size would not be more than 9.75 million bales this season. Consequently, it seems the ginners have adopted a wait-and-see policy in the hope of getting better
  • A new garment factory has been inaugurated in Kisumu county of Kenya, the country's media reported. The launch of the garment factory would provide an opportunity for many people to work in the apparel industry. It would also help those selling garments in open air markets and established shops. On the other hand many second hand clothes traders, who import their products from various countries abroad, would face a blow. “The initiative is set to benefit students from Kisumu national p
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