Textile Industry News

Asia Pacific E-commerce To Double In 5 Years China, Japan, South Korea, India, and Australia are tipped to fuel e-commerce growth in Asia Pacific in the next five years. According research and advisory firm Forrester, total online retail revenues will nearly double from $733 billion in 2015 to … Read more about Asia Pacific E-commerce To Double In 5 Years

Let Free Market Determine Cotton Seed Price' The Economic Survey 2015-16 tabled in Parliament on Friday does not favour the central government's decision to control sale price of cotton seeds, including that of genetically modified (GM) varieties. It said that markets should be allowed to … Read more about Let Free Market Determine Cotton Seed Price’

Indonesian Textile Body For Streamlining Stimulus Package Indonesia's textile industry has called for effective implementation of the government's economic stimulus packages to improve competitiveness as the country moves toward free trade agreements with several countries. Indonesian Textile … Read more about Indonesian Textile Body For Streamlining Stimulus Package

74 Textile Parks To Draw Rs 30,000 cr Investments Ahead of the new textile policy, Textiles Minister Santosh Gangwar has said that the government expects an investment of Rs 30,000 crore in 74 textile parks that would be set up in the country. "Our government has given approval to 24 Textile … Read more about 74 Textile Parks To Draw Rs 30,000 cr Investments

PCGA Urges Government To Impose Ban On Import Of Cotton From India Pakistan Cotton Ginners'' Association (PCGA) has stressed the need for imposing a complete ban on the import of cotton and cotton yarn from India till the end of cotton season and disposal of one million bales lying in ginneries … Read more about PCGA Urges Government To Impose Ban On Import Of Cotton From India

  Bengal trying to turn itself into textiles hub West Bengal can potentially emerge as a major textile hub with the state government unveiling plans for more than a dozen textile parks. Textile and garment was one of the focus areas at the recent Bengal Global Business Summit in … Read more about Bengal trying to turn itself into textiles hub

APTMA requests govt to drop TRS from industrial tariff Tariq Saud, chairman, All Pakistan Textile Mills Association (APTMA) has requested the Prime Minister of Pakistan to remove the tariff rationalisation surcharge (TRS) and adjust the Rs 3 per unit reduction in the industrial tariff, according … Read more about APTMA requests govt to drop TRS from industrial tariff

Aptma, China agree to more JVs, investment Ministry of Commerce China, Weihai and the All Pakistan Textile Mills Association (Aptma) have agreed to explore the potential of joint ventures and Chinese investment in textile sector of Pakistan. Ministry of Commerce China, Weihai has also invited the … Read more about Aptma, China agree to more JVs, investment

DTG 2016 to bring Latest Textile Machinery & Techniques The 13th Dhaka International Textile & Garment Machinery Exhibition (DTG 2016), the four day event to be held in January at Bangabandhu International Conference Centre (BICC), will exhibit the latest machinery and techniques for the … Read more about DTG 2016 to bring Latest Textile Machinery & Techniques

  Vietnamese Textile Sector Witnesses Spate Of Mergers There has been a rash of mergers and acquisitions in Vietnam's textile and garment industry as the sector jockeys to take advantage of free trade agreements, particularly the Trans Pacific Partnership (TPP), experts said. According … Read more about Vietnamese Textile Sector Witnesses Spate Of Mergers

'US Procurement Law Hits Indian Textile Exports' American legislation for federal procurement, which stipulates sourcing of raw materials from the designated countries or domestic suppliers, is hitting India's textile exports, the Federation of Indian Chambers of Commerce and Industry (Ficci) has … Read more about ‘US Procurement Law Hits Indian Textile Exports’

  Vietnam's Economy Grows Fastest in 5 Years At 6.68% Vietnam's economy grew 6.68 per cent, the fastest in five years, helped by an expanding industrial sector and record foreign direct investment. The growth figure beat the government's target of 6.2 per cent growth, according to new … Read more about Vietnam’s Economy Grows Fastest in 5 Years At 6.68%