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Federation of Tamil Nadu Yarn and Cloth Dyeing, Printing and Processing Associations appealed to the Government to grant power tariff concession to textile-related units as given to powerlooms to improve job prospects of people depending on textile business.Setting up of common effluent treatment plants for Erode units and other areas, and linking them to the sea as it would be difficult for each unit to set up a reverse osmosis plant, was suggested by them.A demand for hike in interest subsidy
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Portuguese textile and clothing industry registered exports worth Euro4.118 billion recording a 6.7 percent fall in 2005, compared to 2004 at Euro4.118 billion. Clothing sector posted the highest decrease with export worth Euro2,556 billion in 2005, registering a 9.8 percent drop compared to 2004, stated CENESTAP Textile Observatory.Synthetic and artificial segment of the textile industry recorded an increase of 27 percent.Special and tufted cloth increased 20.6 percent and impregnated cloth ros
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The textile industry in east China's Zhejiang Province reaped 18 billion yuan (US$2.25 billion) in profit last year, 25.6 percent more than that of the previous year.
Despite foreign trade barriers and price increases for raw materials, the province exported US$24.4 billion worth of garments in 2005 and remained the largest exporter in China, followed by southern Guangdong Province.
The garments exported accounted for 21.24 percent of the country's total in 2005.
Observers said that Zhejia
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Person in charge of MOFCOM Department of Bureau of Fair Trade for Imports and Exports commented on the cross-strait trade dispute on towel and said that the mainland noticed the fact that Taiwan announced to carry out anti-dumping investigation on towel from the Mainland on March 1, 2006 after the notice of Taiwan on September 26, 2005 on launching of investigation on mainland towel for special protection. We believed in settling the trade friction through negotiation with the gradual developmen
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Apparel exporters insisted that the government should establish a central waste plant so that they can fulfill compliance issues.Exporters explained that the compliance was the key issue for apparel sector and as it was not possible to set up an advanced waste management plant in every factory, a central plant was practical.Various businessmen presented this proposal at an Export Promotion Bureau (EPB) at a meeting, which was attended by almost 52 organizations and was presided over by Mir Shaha
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Zimbabwe's clothing and textile industry should adopt modern production processes to be competitive on the export market and achieve exclusiveness on the domestic front, a government official said on Tuesday.
"Companies in the industry should ensure that they adopt effective production standards to keep the sector afloat," said the Small and Medium Enterprises Development Minister Sithembiso Nyoni.
"It is very important that they adopt polices which are related to positive operations so
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China's total retail sales of consumer goods reached 1264.4 billion yuan in the first two months of this year, up 12.5 percent from last year, according to the National Bureau of Statistics (NBS).
Consumer retail sales grew by 15.5 percent in January and 9.4 percent in February compared with the same period last year.
Consumer retail sales in cities came to 849.6 billion yuan, up 13.2 percent; and that at county level or below were 414.7 billion yuan, up 11.1 percent.
The sales volume of f
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Instituto Nacional de Estat?tica de Portugal (INE) released the Consumer Prices Index for Janurary 2006. It reported that in January, the goods and services included in the Portuguese Consumer Price Index (CPI) cost on average 2.6 percent more than in January 2005, the same as in the previous month. The core inflation index, which excludes energy components and fresh unprocessed food products and intends to reflect price growth trends, rose at a lower rate than the CPI. Compared with January 200
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NEW DELHI - Despite the substantial nuclear cooperation deal, sealed by visiting President George W Bush earlier this month, trade growth between India and China has been so rapid that the United States may lose out to China as India's largest trading partner within a few years. India's bilateral trade with China in 2005 set a new record at US$18.71 billion, up nearly 38% from 2004. India had set a target of $20 billion by 2008, but that could be achieved well in advance. India's exports to Chin
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The growth rate of China's textile exports is expected to fall from last year's 20.7 percent increase to around 15 percent this year, according to the National Development and Reform Commission (NDRC).NDRC predicts the total industrial output value of the nation's key textile enterprises will grow by about 20 percent in 2006, a decrease of 6 percentage points from the growth rate in 2005, Monday's Shanghai Securities News said.The report attributed the lower growth rate to the export limits impo