Textile Industry News

Bangladesh Spinners Wary Of Another Gas Price Hike Bangladeshi cotton spinners have expressed concern that they may lose their competitive edge if the government carries out a over a proposed gas price hike for captive power plants. “The spinning sub-sector will be in trouble if the government … Read more about Bangladesh Spinners Wary Of Another Gas Price Hike

Higher Productivity Key To Asia-Pacific Economic Growth As nations begin implementing the 2030 Agenda for Sustainable Development, the next phase of Asia-Pacific economic growth should be driven by broad-based productivity gains, the UN Economic and Social Commission for Asia and the Pacific … Read more about Higher Productivity Key To Asia-Pacific Economic Growth

China Eyes More Investment In India: Chinese Foreign Minister Wang Yi has commended Indian's economic growth said that his country was keen to boost investments in India by which the two countries can contribute significantly in helping the world economy by keeping up their growth momentum. “First … Read more about China Eyes More Investment In India:

NERTPS To Boost Textile Industry In Northeast The Union Textile Ministry's North-East Region Textile Promotion Scheme (NERTPS) seeks to boost textile exports, increase jobs and curb the migration of workers. The scheme also aims to develop and modernise the textile sector by providing … Read more about NERTPS To Boost Textile Industry In Northeast

China's textile & apparel export jump 34% in March The exports of textile and apparel from China shot up by 34.13 per cent year-on-year in March 2016, according to data from China Customs … Read more about China’s textile & apparel export jump 34% in March

PTEA Concerned Over Lack Of Action Over Refund Claims Pakistan Textile Exporters Association (PTEA) has expressed serious concern over non-payment of exporters' long outstanding refund claims despite the record revenue collection of Rs 2.1 trillion in first nine months of current fiscal year by the … Read more about PTEA Concerned Over Lack Of Action Over Refund Claims

Government Urged To Lend A Helping Hand To Textile Industry Extreme cash flow crunch has squeezed the financial streams and breading the liquidity jerks. Exports are falling consistently both in value and quantities; Government's immediate intervention is solicited to check the drastic downfall … Read more about Government Urged To Lend A Helping Hand To Textile Industry

71,000 buyers visit Intertextile Shanghai Apparel Over 71,000 buyers visited the recently concluded Intertextile Shanghai Apparel Fabrics, which hosted 3,155 exhibitors from 27 countries and regions, up roughly 13 per cent compared to the show in 2015. “We weren't expecting such strong growth in … Read more about 71,000 buyers visit Intertextile Shanghai Apparel

Experts Warn Vietnamese Industries Of TPP Barriers Vietnamese textile, garment and footwear makers will need to navigate through a minefield of barriers to benefit from the opportunities that the Trans Pacific Partnership (TPP) will bring, experts have said. They warned that Vietnamese textile and … Read more about Experts Warn Vietnamese Industries Of TPP Barriers

IMF And India Set up Capacity Development Centre International Monetary Fund (IMF) managing director Christine Lagarde and India's finance minister Arun Jaitely agreed today to establish a capacity development centre in New Delhi. The centre, to be named the South Asia Regional Training and … Read more about IMF And India Set up Capacity Development Centre

Russia May Buy Turkmenistan Textiles Russia and Turkmenistan held discussions this week to explore possibilities of selling Turkmenistan's textile and cotton products in the Russian market, the Russian Chamber of Commerce and Industry said on its website. During the discussions, the Russian side … Read more about Russia May Buy Turkmenistan Textiles