World class yarn operation by UTEXA

Related Keywords: $73 million man-made yarn company, advanced man-made yarn production facilities in the world, man-made fiber spinning plant, raw material input costs, sourcing and merchandising, textile and apparel sector, textile production facilities, trends and changing consumer values, world class yarn operation

Honduras
Summary: 
Honduras-based UTEXA is a new $73 million man-made yarn company that began operations in 2018. Founded with the goal of bringing enhanced competitiveness to the Central America Free Trade Agreement (CAFTA-DR) region, UTEXA was made possible through the combined vision and efforts of its investors, market opportunities and the Honduras 2020 country development program, a private sector initiative complemented by the public sector that was developed to grow the country both socially and economically.

Honduras-based UTEXA is a new $73 million man-made yarn company that began operations in 2018. Founded with the goal of bringing enhanced competitiveness to the Central America Free Trade Agreement (CAFTA-DR) region, UTEXA was made possible through the combined vision and efforts of its investors, market opportunities and the Honduras 2020 country development program, a private sector initiative complemented by the public sector that was developed to grow the country both socially and economically.

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This year Turkey is focusing higher to hit a sizeable rise in exports

Related Keywords: textile and apparel sector, textile and clothing producers, textile and raw materials

Ankara
Summary: 
In 2018 the textile and raw materials and ready-wear sectors combined constituted nearly 16 percent of Turkey's total exports. Turkey's exports last year hit an all-time high of $168.1 billion, up from about $157 billion in 2017, as per Trade Minister Ruhsar Pekcan announcement. She said that exports in 2018 climbed 7.1 percent year-on-year.

In 2018 the textile and raw materials and ready-wear sectors combined constituted nearly 16 percent of Turkey's total exports. Turkey's exports last year hit an all-time high of $168.1 billion, up from about $157 billion in 2017, as per Trade Minister Ruhsar Pekcan announcement. She said that exports in 2018 climbed 7.1 percent year-on-year.

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Ethiopian Industry Minister keen to promote trade with India

Related Keywords: aims to become major sourcing hub, attractive destinations, cotton, Ethiopia fastest growing economies, five day mission, foreign investment, global textile and garment industry, high level of Ethiopian delegation, in India, led by Mr. Bogale Feleke, Ministry of Industry, promote investment, State Minister, textile and apparel sector

Ghana
Ethiopian Industry Minister keen to promote trade with India
Summary: 
Ethiopia is one of Africa’s fastest growing economies and one of the region’s most attractive destinations for foreign investment which aims to become a major sourcing hub for the global textile and garment industry within the next decade. A high level of Ethiopian delegation led by the honourable Mr. Bogale Feleke, State Minister, Ministry of Industry, is in India for a five-day mission to promote investment in his country’s cotton, textiles and apparel sector.

Ethiopia is one of Africa’s fastest growing economies and one of the region’s most attractive destinations for foreign investment which aims to become a major sourcing hub for the global textile and garment industry within the next decade. A high level of Ethiopian delegation led by the honourable Mr. Bogale Feleke, State Minister, Ministry of Industry, is in India for a five-day mission to promote investment in his country’s cotton, textiles and apparel sector.

https://www.newsghana.com.gh/ethiopias-industry-minister-hopes-to-promote-trade-ethiopia-india-trade/
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Jharkhand govt takes steps to promote ethnic textile, handloom products

Related Keywords: Global Fair to be held in Dubai, handloom products, Jharcraft, led by Jharkhand Silk Textile and Handicraft Development Corporation Ltd, market its ethnic textile, promote livelihoods of craft persons, textile and apparel sector, The government of Jharkhand

Ranchi
Jharkhand govt takes steps to promote ethnic textile, handloom products
Summary: 
The government of Jharkhand, led by Jharkhand Silk Textile and Handicraft Development Corporation Ltd (Jharcraft) to promote livelihoods of craft persons in textile and apparel sector to market its ethnic textile and handloom products.

The government of Jharkhand, led by Jharkhand Silk Textile and Handicraft Development Corporation Ltd (Jharcraft) to promote livelihoods of craft persons in textile and apparel sector to market its ethnic textile and handloom products.

Jharcraft is a government of Jharkhand undertaking formed to initiate steps to provide sustainable livelihood opportunities in the rural areas, based on sericulture, handloom, handicraft and other allied activities.

http://www.dnaindia.com/money/report-jharkhand-to-promote-ethnic-textile-handloom-products-2356981
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India losing out in global apparel market, World Bank report

Related Keywords: being relinquished by China, entitled Stitched to riches, help firms grow in size, increase productivity, India focus on cotton, India losing out in global apparel market, Indonesia and Vietnam, less complex labour policies, need to reduce duties on import of MMF, textile and apparel sector, to Cambodia, TPP, World Bank report launched

New Delhi
India losing out in global apparel market, World Bank report
Summary: 
India is losing out in the race for a greater share in the global apparel market to countries such as Cambodia, Indonesia and Vietnam being relinquished by China. It needs to reduce duties on import of manmade fibre and increase productivity by helping firms grow in size with less complex labour policies, according to World Bank report entitled entitled ‘Stitches to riches? — apparel employment, trade and economic development in South Asia’ launched on Thursday.

India is losing out in the race for a greater share in the global apparel market to countries such as Cambodia, Indonesia and Vietnam being relinquished by China. It needs to reduce duties on import of manmade fibre and increase productivity by helping firms grow in size with less complex labour policies, according to World Bank report entitled entitled ‘Stitches to riches? — apparel employment, trade and economic development in South Asia’ on Thursday.

http://www.thehindubusinessline.com/economy/macro-economy/india-lagging-behind-in-garment-exports-world-bank/article8533334.ece
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