Quota restrictions on Chinese textile for uncertain period have been proved blessings for India and Bangladesh as the US retailers have redirected orders to these two countries.According to the data released by US Department of Commerce, Chinese apparel exports witnessed a sharp decline following the US government? embargoes last year.Overall shipments from China increased only 15 percent in volume in January compared with that in the same month last year. In turn, China? share in the American m

Buoyant with the growth, the Indian Textile Industry is aiming to touch us dollar 40 billion exports by 2010. "Domestic fabric production had almost become negative. But due to efforts of the industry and government support the sector has not only revived but surging ahead," Textile Commissioner, Government of India, J N Singh told reporters here today after inaugurating international apparel fabrics and accessories trade fair. "January exports to the us is up by 44 per cent compared to the same

China's textile and clothing exports clearly slowed down in the first two months of the year, with annual growth falling below 20 percent, according to China's customs data. Apparel exports to the European Union and the United States sharply fell in February, partly due to US and EU limits. Shipments under quota categories are down 30 percent. Prices are significantly rising at the same time. China's apparel exports to the United States and the European Union dropped in the first two months o

Nepal's trade with foreign countries has climbed 20.4 percent with revenues reaching Rs 120.42 billion for the first six months of the current fiscal year.The country? import grew by 22.5 percent to Rs 87.91 billion.Nepal? total exports registered a growth of 15.1 percent to Rs 32.50 billion.Increased imports compared to exports created trade deficit of 27.3 percent reaching to Rs 55.41 billion, during the period.Trade deficit in the previous year was Rs 43.54 billion.Nepal? trade with India inc

To boost the sick coir industry, an industrial park is proposed to set up at a budget of Rs 200 crore, at Pollachi, in Southern most State of India - Kerala.Viability of the proposed project is being conducted by Mahalingam College of Engineering and Technology that would spread over six acres."Coir industry has never faced raw material shortages, however, lack of upgraded technology is major drawback within, stifling the industry's progress. And to overcome this, advanced machineries are needed

Federal Government has launched Canadian Apparel and Textile Industries Program and applications for the program are being accepted currently.The project will examine various methods and implement them to increase competitiveness of the apparel and textile sector in international market.This program will fund various objectives like increasing productivity, launching new marketing strategies, identification of niche markets and developing e-business. Source:

KARACHI: Around 15 Italian textile machinery manufacturers have confirmed their participation in IGATEX 2006 exhibition, commencing from April 26 to 29 at Karachi Expo Centre.A leading importer of textile and leather garments machinery, Abdul Quddus Ghouri, on Wednesday said Italian machines are well-known and much appreciated. Pakistan imported Italian textile machinery worth around 73 million euros in 2005.He said Pakistan needed to improve quality of its textile products. The complete elimina

Want an elegant qipao, a trendy suit or safari togs? Those with a penchant for tailor-made cloths will have to look around a bit to find the city's famous fabric market, which moved over the weekend to a new location about 500 meters from its old site on Dongjiadu Road. Many vendors say they will keep prices down to encourage customers to seek out the new location. Keeping prices down will be tough in the long run, however, as rents at the new location are higher than they were at the old mark

A week after the European Union announced an antidumping tax on Chinese shoes on March 23, the EU and the United States have filed a WTO complaint against China over auto parts and the EU said it would resume an antidumping tax on Chinese color televisions. Three trade disputes in ten days have sparked concerns that China needs to change its mechanism for trade development. WTO statistics showed that from 1995 to 2005, China was subject to more antidumping investigations than any other membe

India? textile and clothing exports are about to transcend $15 billion limit this fiscal after achieving $13.04 billion in last fiscal.Post-quota regime in textiles opened up important markets like the US and the EU, informs a source from the Textile Ministry.Country? textile export composed of fibre, yarns, fabrics, made-ups, garments, handicrafts including carpets, handloom and jute earned the country $12,326.66 million during the first nine months of fiscal 2005-06, against $9873.37 million i