Textile Industry News

US-China Trade War To Boost Indian Economy The US-China trade war States is expected to boost the Indian economy with a 3.5 per cent rise in exports while the biggest winner will be the European Union (EU), which will gain $70 billion in additional trade, according to a recent report by the UN … Read more about US-China Trade War To Boost Indian Economy

Heimtextil 2019 Growing With New Concepts Adopting several new concepts, Heimtextil 2019 is seeing a rise in the number of exhibitors. Heimtextil has thus brought the progressive themes of trends, textile design and digital printing together, creating an area full of inspiration and future … Read more about Heimtextil 2019 Growing With New Concepts

Uzbekistan, Poland Expand Cooperation In Textile-Garments To explore the possibility of exporting textile products from Uzbekistan to European Union (EU) nations, particularly Poland, a delegation of the Uztextileprom association along with representatives from the country’s textile and … Read more about Uzbekistan, Poland Expand Cooperation In Textile-Garments

Growth And Innovation In The Indian Textiles Industry Increasing innovations, strong domestic consumption and a healthy export demand make the prospects for the Indian textiles industry look promising, writes C Kamatchisundaram. One of the oldest in India, the textiles industry is a major … Read more about Growth And Innovation In The Indian Textiles Industry

WUS, China Agree On 90-Day Trade War Ceasefire At G20 Meet The United States and China on December 1 agreed on a 90-day ceasefire in their trade war after talks between President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 Summit in Buenos Aires. Both sides agreed to no … Read more about US, China Agree On 90-Day Trade War Ceasefire At G20 Meet

Portugal's Tintex Expects To Grow By 30% By 2019 End Portugal-based fabric manufacturer Tintex expects to grow by around 30 per cent till the end of 2019 due to a strategic approach to the market, according to its chief executive officer Mario Jorge Silva. The company had a turnover of around … Read more about Portugal’s Tintex Expects To Grow By 30% By 2019 End

S Africa Working On Apparel-Textile Value Chain Masterplan South Africa wants to develop a master plan for the growth of the apparel, textile, footwear and leather retail value chain, targeting creation of 60,000 jobs, according to trade and industry minister Rob Davies, who said his department … Read more about S Africa Working On Apparel-Textile Value Chain Masterplan

Foreign Fashion Brands Eye Mergers, Acquisition In Vietnam Though many foreign fashion brands like Zara, H&M and Mango have been present in Vietnam, many such brands from abroad are now acquiring stakes in Vietnamese companies to strengthen their position in the domestic market. Japan’s Uniqlo … Read more about Foreign Fashion Brands Eye Mergers, Acquisition In Vietnam

Azerbaijan May Grow More Coloured Cotton If Tests Succeed If coloured cotton experiments show positive results, Azerbaijan may grow organic cotton in other colours, according to Imran Jumshudov, head of the state seed control service under the agriculture ministry. Brown and light-brown cotton … Read more about Azerbaijan May Grow More Coloured Cotton If Tests Succeed

Vietnam World's 3rd Largest Exporter Of Shoes, Leather Vietnam is now the world’s third largest exporter of footwear with a total export value in the first nine months of this year rising by 10.5 per cent to $11.7 billion, according to the ministry of industry and trade (MoIT). The sector, … Read more about Vietnam World’s 3rd Largest Exporter Of Shoes, Leather

South Africa Commits Support To Apparel-Textile Sector South Africa’s Clothing and Textile Competitiveness Programme has helped sector exports grow from 7.1-billion rand (R) in 2008 to R25.1 billion in 2017 and will receive its share of the R15.9 billion allocated to incentives and the Expanded … Read more about South Africa Commits Support To Apparel-Textile Sector

Sri Lanka's Textile Exports Up 4.7% in Jan-July '18 Sri Lanka’s earnings from textiles and garments exports increased by 4.7 per cent year-on-year to $2.984 billion in the first seven months of 2018, according to the statistics recently released by the Central Bank of Sri Lanka. Imports of … Read more about Sri Lanka’s Textile Exports Up 4.7% in Jan-July ’18