Textile Industry News

Textile and steel are two important sectors in Iran’s Isfahan province where India and Iran can cooperate for mutual economic development, Indian ambassador to Iran DP Srivastava said. The ambassador’s remarks came in a meeting with head of Isfahan Chamber of Commerce. He expressed India's … Read more about India Keen To Cooperate With Iran on Textiles

After successive drops between the period May 5-26, 2015, export parity is underpinning Brazilian cotton prices mainly because of high exchange rate. “In the last week, Brazilian cotton quotes were just 5 per cent above export parity, which had not occurred since mid-March,” CEPEA Brazil said in … Read more about Export Parity Underpinning Brazilian Cotton Prices

Vietnam and Germany will soon establish a joint chamber of commerce to boost trade of both sides to promote and increase business opportunities, especially when the Vietnam-EU Free Trade Agreement is signed, the Vietnam chamber of commerce and industry (VCCI) said on its website. Dr Vu Tien Loc, … Read more about Vietnam, Germany to Set Up Joint Chamber of Commerce

Bangladesh may emerge as an unlikely saviour for the Indian cotton sector that has been left reeling in the face of low Chinese imports. Indian cotton export is expected to fall to a six-year low as China continues to cut imports. According to government estimates, lesser cotton imports by China may … Read more about India Woos Bangladesh As China Cuts Cotton Imports

China’s cotton yarn market, one of the biggest in the world, has been relatively quiet since the country ended its cotton stockpiling policy last year. However, exhibitors at the Yarn Expo Spring show in 2015 had said they have seen signs indicating the market is starting to pick up. KL … Read more about Yarn Expo Exhibitors Expect Chinese Yarn Market to Perk Up

Credit rating agency Crisil has suggested the need for export interest subvention for spinning textile sector, according to media reports. As per the interim report, prepared based on the request of Texpreneurs Forum, a copy of which was presented to the Commerce Minister, Nirmala Sitharaman last … Read more about ‘Spinning sector needs export interest subvention’

Following the hugely successful inaugural event last year in Dresden, Germany, the ITMA Future Materials Awards returns to ITMA 2015 being held in Milan, Italy from November 12-19, 2015. According to a WTIN press release, the industry leading awards recognise innovation and achievement right … Read more about Future Materials Awards returns to ITMA 2015

Two Switzerland produced technical textile products are among the eight winners of the Techtextil Innovation Awards announced on day-1 at Techtextil . The first product to win an award in the ‘New Product’ category is the textile-based ECG belt, a product made in cooperation between the Swiss … Read more about Two Swiss Textile Products Bag Techtextil Innovation Award

LT Textile Cooperatief UA, a Dutch textile firm, has started the construction of a large textile complex spread over 30 hectares in Kashkadarya region of Uzbekistan, according to media reports. The construction of the textile complex comes on the back of an investment agreement between the ministry … Read more about Uzbekistan Starts Major Textile Complex Construction

Arvind Sinha delivering welcome speech The first ever Global Textile Congress held recently in Bangkok discussed ways to develop lasting business relations between countries producing textile fibres, fabrics, machineries and carrying out extensive research in all related areas. Organised by the … Read more about Bangkok Hosts first Global Textile Congress

  Yarn Expo Spring 2015, a yarn and fibre trade fair opens its doors on March 18 at the National Exhibition and Convention Center (Shanghai). Nearly 250 exhibitors from 15 countries and regions, including Bangladesh, Egypt, Hong Kong, India, Indonesia, Mainland China, Pakistan, Portugal, … Read more about Yarn Expo Spring 2015 kicks off from March 18

  The Bangladesh Denim Expo is returning to Dhaka and will be held on May 11-12, 2015 shocasing the best denim and resources from Bangladesh and beyond. “This show features denim mills, laundries, finishers and the entire denim supply chain, with the previous expo in November drawing more … Read more about Bangladesh Denim Expo returns to Dhaka from May 11-2015