-
Nafiu Badaru, a junior civil servant in northern Nigeria's biggest city Kano, doesn't make much money and it takes some cash to look good so he tends to buy made-in-China fabric. "A piece of high-quality brocade (cloth) costs around 10,000 naira ($50, 47 euros), which is way too expensive for me," he told AFP.
"With the same amount of money I can buy six pieces of cheap Chinese brocade which cost only 1,500 naira a piece and still keep some change."
The proliferation of Chinese-made textil
-
Although the Chinese government has pledged to use internet technology to upgrade manufacturing industry, there is a huge gap between the desire of the authorities and reality in the textile industry, the China Daily said a quoting a report by the China national textile and apparel council.
The council surveyed 103 textile and apparel enterprises in Jiangsu, Zhejiang, Hubei, Fujian and Guangdong provinces from January to March.
The survey covered cloud computing, information security prote
-
The Gujarat government on Thursday said that a Chinese investment firm has signed a deal to set up a textile park near the industrial town of Sanand, which is around 25 Km from here.
The MoU was signed between Gujarat government's Industrial Extension Bureau (iNDEXTb) and China Small and Medium Enterprise Investment Ltd (CSMEI), Arvind Agrawal, Additional Chief Secretary, Gujarat Industries and Mines department said at a press conference. Agrawal, who was a part of the delegation of Gujarat C
-
Pakistan’s exports of textile and clothing fell by 1.21 per cent in 10 months of the current fiscal year from a year ago.
Export proceeds of textile and clothing fell to $11.281 billion in July-April 2015 from $11.420bn over the corresponding period of last year, Pakistan Bureau of Statistics data showed.
On a monthly basis, nominal growth of 2.94pc was witnessed in April 2015. In the last couple of months, exports of textile and clothing witnessed a negative growth.
Export of low valu
-
An Apparel and Garment Making Centre is all set to come up at Agartala; the foundation stone for the same was laid byShri Santosh Kumar Gangwar, Hon'ble Minister of State for Textiles (I/C), Government of India and the Chief Minister of Tripura, Shri Manik Sarkar, on 20th May, 2015.
A Silk Processing and Printing Unit was also inaugurated on the occasion, by the Union Textiles Minister and the Tripura CM. The project cost is Rs. 3.41 crore.
These units are expected to provide employment to
-
Revival of buying interest pushed prices higher on the cotton market on Tuesday as many spinners rushed to replenish their stocks to meet their near future demand.
However, the issue of Gas Infrastructure Development Cess (GIDC) is keeping the textile industry apprehensive after the Supreme Court has vacated the stay, floor brokers said.
Depleting cotton stocks, particularly of quality lint, with ginners continue to restrict trading activity. Recent rains in Punjab have brightened the pros
-
Only one quarter of workers worldwide is estimated to have a stable employment relationship, according to a new report by the International Labour Organization (ILO).
The report titled World Employment and Social Outlook 2015 (WESO) finds that, among countries with available data (covering 84 per cent of the global workforce), three quarters of workers are employed on temporary or short-term contracts, in informal jobs often without any contract, under own-account arrangements or in unpaid fami
-
Export earnings from the Turkey market dropped by 19.50 per cent to $581.25 million in the first 10 months of the current fiscal year due to a devaluation of the euro as well as the Turkish currency lira, dashing the exporters’ hope of getting another billion-dollar-market.
Bangladesh’s export earnings from Turkey in the July-April period of the financial year 2013-14 were $722.12 million, according to the Export Promotion Bureau data.
Following the imposition of safeguard duties by Turk
-
According to China Cotton Association, the cotton import price continued to grow in this March amid a declining import quantity, both saw further decrease year-on-year.
Figures from the General Administration of Customs show that China imported 129,000 tons of cotton in March, down 31,100 tons or 19.6% from February and 42.4% from a year earlier. The import price stood at US$ 1,732/ton, rising US$ 34/ton or 2% from February, but down 16% from a year earlier.
The figures also show that Ch
-
Foreign textile and garment firms to enjoy a zero percent import tax rate under the commitments of free trade agreements (FTA) such as the Trans-Pacific Partnership Agreement, the EU-Vietnam FTA, and the South Korea-Vietnam FTA are moving is full swing with plans to build production facilities in ahead of FTAs in Vietnam.
Nguyen Duc Tiep, deputy head of the Quang Ninh Provincial Investment Promotion Agency’s Investment Promotion Division, said that Hong Kong’s Texhong Group is nearing complet