Ethiopia sets target of USD 435mn earning from textiles and apparel exports this fiscal year

Related Keywords: cotton cultivation, Ethiopia export revenue, Ethiopian textile export, garment, Growth and Transformation Plan period, Textile industry development institute, textile products, yarn and fabrics

Ethiopia
Ethiopia sets target of USD 435mn earning from textiles and apparel exports
Summary: 
Ethiopia’s export revenue from textile products has witnessed augmentation during the Growth and Transformation Plan period, but with lower pace, the Textiles Industry Development Institute (TIDI) said.

Ethiopia’s export revenue from textile products has witnessed augmentation during the Growth and Transformation Plan period, but with lower pace, the Textiles Industry Development Institute (TIDI) said.

The country's revenue from textile export which was 62.2 million USD in 2003E.C has reached 111 million USD last fiscal year.

http://allafrica.com/stories/201410100873.html
0

Cotton-to-Clothing Export Strategy to be launched by Zimbabwe to revive its cotton and textile industry

Related Keywords: Bulawayo, C2C, Cotton-to-clothing export strategy, economic growth, farmers, garment, indaba, ITC, textile producers, UN, WTO, Zimbabwean cotton and textile industry

Zimbabwe
Cotton-to-Clothing Export Strategy
Summary: 
Cotton and textile industry play a significant role in Zimbabweans economic growth and development. The International Trade Centre (ITC) a joint agency of the World Trade Organisation (WTO) and United Nations (UN) made an announcement that Zimbabwe will be launching the Cotton-to-Clothing (C2C) Export Strategy at an indaba in Bulawayo next week

Cotton and textile industry play a significant role in Zimbabweans economic growth and development. The International Trade Centre (ITC) a joint agency of the World Trade Organisation (WTO) and United Nations (UN) made an announcement that Zimbabwe will be launching the Cotton-to-Clothing (C2C) Export Strategy at an indaba in Bulawayo next week

The strategy is funded by the European Union (EU) under the EU-Africa partnership on cotton. The indaba will be held on September 26

http://www.thezimbabwean.co/business/manufacturing/73449/zimbabwe-to-launch-cotton-to.html
0

Vietnam textile and garment companies faces shortage of orders this year

Related Keywords: Embroidery and Knitting Association, garment, HCM City Textile, high-value contracts, production plans, technical demand, TPP, Vietnam garment companies

Vietnam
Vietnam textile and garment companies faces shortage of orders this year
Summary: 
Vietnam garment companies at this time last, around 80 to 90 percent of production plans was fulfilled for 50-60 percent of enterprises, while this year the figure is only 25-30 percent. Very few companies have orders for the fourth quarter of the year.

Vietnam garment companies at this time last, around 80 to 90 percent of production plans was fulfilled for 50-60 percent of enterprises, while this year the figure is only 25-30 percent. Very few companies have orders for the fourth quarter of the year.

According to the chair of the HCM City Textile, Garment, Embroidery and Knitting Association, Pham Xuan Hong, many member companies of the association still needed orders.
 

http://english.vietnamnet.vn/fms/business/108761/textile---garment-companies-short-of-orders-for-rest-of-year.html
0

Indian textile market to see strong growth with the government support

Related Keywords: cotton, domestic consumption, export demand, FDI limit, garment, Indian textile market, jute, promotiona visit, raw material, silk, sourcing hub, Textile, wool

New Delhi
Indian textile market to see strong growth with the government support
Summary: 
The textile market in India to see strong growth which will be further sustained by improved domestic consumption as well as increased export demand due to the abundant availability of raw materials, especially silk, jute, cotton and wool. Moreover, the industry growth has been driven by the presence of skilled workforce in the country which has made it one of the major sourcing hubs and the world’s second-largest producer of textiles and garments.

Textile & Apparel sector in India is an important contributor to the national economy in terms of direct and indirect employment generation and net foreign exchange earnings, contributing 4% to India’s GDP in 2012, the sector has also attracted direct foreign investments worth USD 1.11 billion from April 2000 to February 2014.
 
Currently, the overall textile and apparel sector accounts for about 24% of world’s spindle capacity and 8% of global rotor capacity and is expected to touch USD 223 billion by 2021.
 

http://www.whatech.com/market-research-reports/press-release/24309-textile-market-in-india-all-set-to-grow-on-back-of-government-initiatives
0

Bulk consumption of US textile exports seen in Mexico and Canada

Related Keywords: apparel, Canada, export, fabric, garment, Mexico, textile mill product, US department of commerce, US textile, yarn

USA
Bulk consumption of US textile exports seen in Mexico and Canada
Summary: 
In recent years, the US textile and clothing exports have been growing at a steady pace. A big leap in US textile exports was seen from January to April 2014, during this period they exported textile and apparel worth US$7.857B, growth rate of 2.64 percent year-on-year.

In recent years, the US textile and clothing exports have been growing at a steady pace. A big leap in US textile exports was seen from January to April 2014, during this period they exported textile and apparel worth US$7.857B, growth rate of 2.64 percent year-on-year. Mexico and Canada were to two countries who consumed bulk of textile and apparel exports made by the US.

http://www.textileweb.com/doc/mexico-and-canada-consume-bulk-of-us-textile-exports-0001
0

Made in Pakistan expo 2014 to be to held in India for the second time

Related Keywords: economic relation, garment, Made in Pakistan expo 2014, Pakistan clothing, Pakistani exhibitor, PRGMEA, value added sector

Karachi
Made in Pakistan expo 2014 to be to held in India for the second time
Summary: 
The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has decided to hold the 2nd edition of the Made In Pakistan Expo 2014 in India, subsequent to the success of the inaugural edition of MIPEM 2014 and also having received good number of response from the Pakistani exhibitors and almost 70 percent stall have already been booked.

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has decided to hold the 2nd edition of the Made In Pakistan Expo 2014 in India, subsequent to the success of the inaugural edition of MIPEM 2014 and also having received good number of response from the Pakistani exhibitors and almost 70 percent stall have already been booked.

http://pakobserver.net/detailnews.asp?id=245384
0

PerformanceScrubs.com to start high tech manufacturing facility in Florence

Related Keywords: a state-of-the-art facility, garment, high tech facility, PerformanceScrubs, sleepwear

USA
PerformanceScrubs.com to start high tech manufacturing facility in Florence
Summary: 
PerformanceScrubs.com a company based in Nashville, Tenn. designer and manufacturer of medical scrubs/uniforms and sleepwear, as well as sportswear to move its Cullman, Ala., manufacturing operations to high-tech manufacturing facility in Florence, Ala., for which the company has made an investment of $4 million.

PerformanceScrubs.com a company based in Nashville, Tenn. designer and manufacturer of medical scrubs/uniforms and sleepwear, as well as sportswear to move its Cullman, Ala., manufacturing operations to high-tech manufacturing facility in Florence, Ala., for which the company has made an investment of $4 million.

http://www.textileworld.com/Articles/2014/June/PerformanceScrubs.com_To_Open_Manufacturing_Facility_In_Florence_Ala.
Textile Auxiliaries
Company News
0

MoTI proposes zero-rated duty on textile machinery and no rise in sales tax on textile sector

Related Keywords: fabric, garment, Pakistan textile industry, Sales tax, textile machinery, Textile Ministry, textile policy, yarn, zero-rated custom duty

Karachi
Summary: 
As the textile policy (2009-14) formulated by the previous government will end on June 30, 2014. The Pakistan government is contemplating to impose 17 percent sales tax on import of textile machinery on expiry of the current facility ending in June, which is covered under the zero-rated custom duty and sales tax regime. Also the 2 percent sales tax on yarn, 3 percent of fabric and 5 percent on garments would be raised to 17 percent in next two year.

As the textile policy (2009-14) formulated by the previous government will end on June 30, 2014. The Pakistan government is contemplating to impose 17 percent sales tax on import of textile machinery on expiry of the current facility ending in June, which is covered under the zero-rated custom duty and sales tax regime. Also the 2 percent sales tax on yarn, 3 percent of fabric and 5 percent on garments would be raised to 17 percent in next two year.

http://www.brecorder.com/top-stories/0/1181626/
Textile Auxiliaries
0

Shandong Ruvi group to invest in Pakistani garment and textile sectors

Related Keywords: garment, Pakistan, Shandong Ruvi Group, textile export, textile sectors

Lahore
Shandong Ruvi group to invest in Pakistani garment and textile sectors
Summary: 
The Chinese Group, Shandong Ruvi Group is set to invest up to $2 billion in garments and textile sectors in Punjab for which the Chief Minister Muhammad Shahabz Sharif has assured the Group to provide it all possible incentives and protection of investment anywhere in the country.

The Chinese Group, Shandong Ruvi Group is set to invest up to $2 billion in garments and textile sectors in Punjab for which the Chief Minister Muhammad Shahabz Sharif has assured the Group to provide it all possible incentives and protection of investment anywhere in the country.

The agreement was reached during meeting which the delegation of Shandong Ruyi Group of China held with Chief Minister Muhammad Shahbaz Sharif here on Wednesday. The delegation included Chairman of Group Yafu Qiu, Vice Chairman Ms Weiying Sun, Vice President Jerry Liu and other office-bearers.

http://www.nation.com.pk/business/09-Jan-2014/chinese-group-to-invest-in-textile-sectors
Textile Auxiliaries
Company News
0

In TPP negotiations Vietnam's garment gets top preference

Related Keywords: garment, Textile, TPP negotiations, Vietnam

Xinhua
In TPP negotiations Vietnam garment gets top preference
Summary: 
Vietnamese government in the negotiating process of the Trans-Pacific Partnership (TPP), has given garment and textile utmost preference, as it saw an export revenue increase of 18.6 percent year-on-year. In 2013, Vietnam earned 17.98 billion U.S. dollars from selling garment products to overseas markets, according to Vietnam's Statistics Office (GSO).

Vietnamese government in the negotiating process of the Trans-Pacific Partnership (TPP), has given garment and textile utmost preference, as it saw an export revenue increase of 18.6 percent year-on-year. In 2013, Vietnam earned 17.98 billion U.S. dollars from selling garment products to overseas markets, according to Vietnam's Statistics Office (GSO).

http://www.turkishweekly.net/news/160960/vietnam-39-s-garment-seen-as-top-priority-in-tpp-negotiations.html
General
Company News
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
New nylon plant by Evonik  
  20 Sep , 2019 Read full story  
Additive manufacturing using reactive polymer systems  
  20 Sep , 2019 Read full story  
Hyosung to debut recycled spandex  
  20 Sep , 2019 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button