NEW DELHI: The worst fears of small textile exporting countries about the post-quota regime has come true. As predicted by industry experts, India and China have gained market share in the global pie for textile export at the expense of smaller exporters, including Pakistan and Bangladesh, since multi-fibre agreement ended on December 31 last year. India? two South Asian neighbours were initially expected to be spared the fate of their smaller counterparts of Asia, Africa and Latin America. The

Textile industry lobbyists in Washington, D.C., say U.S. restrictions on textile imports have helped push domestic production up slightly in the last few months. If the trend continues through the end of the year, 2005 would be the first time in three years that production numbers have edged upward. Domestic apparel production has also risen over the last few months, according to data from the American Manufacturing Trade Action Coalition, an industry group. "We do not believe that the incr

The long-awaited US-China textile agreement holds huge promise for the Indian textiles industry. Though the agreement provides for a progressive increase in textile exports from China until 2008, it would still cap growth at a far lower rate than that seen this year. The US, after five months of negotiations, has succeeded in placing a restriction on exports of 34 clothing and textile categories from China for a period of next three years. The deal broadly includes the term, to be effective fr

In many ways, fashion is about following trends. Think of all the women wearing velvet shrunken blazers with slim-leg jeans and stacked-heeled boots, carrying a studded hobo handbag. Sometimes, though, it's refreshing to see someone who rebels -- someone who wears something unique, something that can't be bought at the mall or even at a tony department store. If you want to be the only one in the room in that special dress, consider a vintage piece. The City Opera Thrift Shop in Manhattan hol

KARACHI: Leading industrialists of the country have expressed their concern over the deterioration in textile sector. They say that industry is working on negative margins and survival of value added textile industry in particular is at stake due to high cost of production, and exporters are relocating business to Bangladesh. Pakistan and Bangladesh had great specialty in textile and readymade garments respectively. Bangladesh has offered Pakistani industrialists to join hands in increasing expo

Volumes grew by 24% in first half of 2005, but rose 20% for nine months ended September. Textile exports from India to the US have grown at just 20.26 per cent during January-September this year in volume terms compared with the corresponding period of the previous year. This is much slower compared with the 24.18 per cent growth seen during January-June 2005 over the corresponding period in 2004. In value terms, the increase has been 25.63 per cent at $3.47 billion (Rs 1

The Japanese Fund for Reducing Poverty (JFRP) is carrying out a project for poor silk producers in the Central Highlands provinces of Kon Tum, Gia Lai and Dak Lak.The project will help the silk producers in rearing silkworms on cassava leaves.The total project cost is US $600,000 and Asian Development Bank will sponsor the project. A team of Japanese experts will visit Vietnam to impart training courses for local silk growers and transfer technology for rearing silkworms on cassava leaves.Silkwo

Viet Nam’s earnings from garment exports to the EU for the first ten months of this year grew by a mere 5 per cent over the same period last year. The meager earnings growth is far below earlier industry expectations. The country earned roughly US$700 million from garment exports to the EU through October, reported the Ministry of Trade. The textile and garment industry initially expected vigorous annual earnings growth of 18-20 per cent from clothing exports to the EU since the EU had a

Ludhiana, November 17: THE city is all set to host Textech 2005, the mega international exposition-cum-conference on textile technology, organised by Confederation of Indian Industry (CII). Textech is being organised from November 18 to 21 on the large PAU grounds, with 125 exhibitors from all over India, Pakistan, Bangladesh and many other countries. Union Minister for Textiles Shankersingh Vaghela will inaugurate Textech. Texcon 05 on Textiles and Clothing is being held concurrently with Texte

KARACHI: Lower cotton output this year could result into a decline of around 100 to 200 basis points in margins of the textile manufacturers of the country.Textile companies enjoyed fiscal year 2005 as a year of strong profitability growth by virtue of sharp increase in gross margins following the 26 percent decline in cotton procurement cost due to the bumper cotton crop of 14.6 million bales last year. Apart from soft cotton prices, another boon for the textile sector during fiscal year 2005 w