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Stakeholders in Pakistan's cotton supply chain from farm to fabric have come together and constituted a Task Force (cotton) to seek a better deal for industry as a whole with Seth Muhammad Akbar of the All Pakistan Textile Mills Association (APTMA) Punjab as its first Chairman and Khawaja Tahir Mahmood of the Karachi Cotton Association (KCA) as its Vice Chairman.
The members of the Task Force (Cotton), who were elected unanimously hail from the Farmers Associate Pakistan (FAP), Kissan Itteha
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The Vietnamese textile industry currently ranks fourth globally in terms of size, behind textile giants China, India, and Bangladesh. With rapid expansion of textile industry, it stands a chance to become the world’s leading textile producer in the near future, said Le Tien Truong, general director of the Vietnam National Textile and Garment Group.
According to Truong, for any country to become the world’s textile production center must be able to supply 10 percent or more of the global deman
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Some prominent Indian designers from the fashion industry have taken the responsibility to promote hand crafted textile of the country after realizing that they have ignored the powerful legacy craftsmanship in a race to make their mark in the global market.
Delhi-based designer Rajesh Pratap Singh, Pero by Aneeth Arora, Anupama Bose from Jaipur, Hemang Agarwal and Asif Shaikh used the platform of Lakme Fashion Week, to give these artisans the much needed respect and recognition, by collabor
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Myanmar’s clothing industry is set to grow significantly in the coming years, it is predicted that that there could be up to 1.5 million jobs in the garment industry by 2020 compared with approximately 230,000 in mid-2015, and that garment exports could rise from US$1.5 million in 2014 to as much as US$12 billion in 2020, according to a report in the latest issue of Global Apparel Markets from the business information company Textiles Intelligence.
The first Western brand to source from Myan
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The textile exporters have been seeking review of India’s trade agreements like the Free Trade Agreements (FTAs) and Preferential trade Agreements (PTAs) to check decline in India's merchandise exports have been contracting for the last 15 months.
India's 40% of the total exports are handled by the MSME sector which feels that it's the country's trade agreements which are not helping them much for competing globally.
In India's merchandise exports, the top 20 categories account for four-fi
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“The textile and apparel industry cannot be characterized as a low value-added industry because it possesses labor-intensive as well as high-value added segments,” it noted.
The report confirmed that China remains the leading producer in all product categories but there are still pockets of opportunity for other countries to benefit from further globalization.
Other countries have also benefited from production relocation away from China by investors, including Vietnam.
From 2000 to 201
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More than 1,000 enterprises from 24 countries worldwide flocked to Ho Chi Minh City to join the 28th Sai Gon Textile and Garment Industry Expo (Saigon TEX 2016) which opened in the city on March 30.
The exhibition creates a golden chance for domestic garment companies to foster relations and investment oppertunities with foreign enterprises, while enhancing technology transfer to increase the rate of locally made content within garment products.
Along with exhibiting products to potential
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The government of northwest China's Xinjiang Uygur autonomous region has promised policies including rent-free factories and favorable loan deals to boost the local textile industry and create 11,000 jobs this year.
Xinjiang will establish a fund for textile and garment companies to help them increase exports to central and western Asia, Russia and Europe, said Liang Yong, deputy secretary-general of the regional government.
New companies from other provinces will be offered new rent-free
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Qingdao city, Shandong province has planned to open a business incubator for textile enterprises, and it will be ready in less than two months, according to a report by Qingdao Daily on March 27.
The incubator, named "Textile Valley" and located in the Shibei district, will be spread out in an area of 100,000 sq m, enough for up to 500 companies. The first phase of the project will be put into operation as early as mid of May, said the Human Resources and Social Security bureau.
The incuba
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The government on Monday revised the cash incentive scheme for the current fiscal year of 2015-2016, raising the rate of incentive for textile products export to the eurozone area and leather goods.
Potato starch will also get 20 per cent cash incentive against export proceeds.
Bangladesh Bank on Monday issued a number of circulars in this regard.
According to a circular, the government increased the rate of cent cash incentive for export of textile products to the eurozone area to 6 pe