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Egypt - Government Textile Industry Faces Immense Challenges
09 Jul , 2012 - Egypt [Free]
The government textile sector is suffering from variety of problems; it is indebted to banks and various government agencies, it suffers from ageing equipment, it is unable to produce enough output to cover the costs of labour and material inputs. ....

Indigo Price Rise Upset Denim Makers
09 Jul , 2012 - India [Free]
Despite a recent drop in prices of cotton, consumers will have to shell out extra for their denims. And this time the blame is on the increase of import prices of indigo dye which is used in making denims. India imports almost 100 per cent of the raw....

Ruia Acquires Hawick Knitwear Stake
09 Jul , 2012 - United Kingdom [Free]
UK textile firm Ruia Group has purchased a 50% stake in Hawick Knitwear in a deal that should spur growth in both the Borders-based firm’s private label and own-brand businesses. The Bolton-based Group operates a number of brands across ....

Italian`S Launch Green Label For Textile Machinery
09 Jul , 2012 - Italy [Free]
According to ACIMIT, the association representing the Italian textile machinery builders, last month’s ITMA ASIA + CITME exhibition provided positive indications for Italian exhibitors, in spite of the current uncertain economic outlook. In addition,....

Stable Orders for Italian Textile Machinery – Q1 2012
09 Jul , 2012 - Italy [Free]
For Italian textile machinery, 2012 begins with greater stability than the previous year. In fact, in the first quarter of the year, orders are up by a modest 2% compared to the last three months of 2011. According to joint surveys conducted by ACIMI....

Indonesia - Government Exempt Machinery Import Duty
09 Jul , 2012 - Indonesia [Free]
Import duty free up government machinery and goods for industrial development, in order to support increased investment and the program of national motor vehicle industry. Exemption from import duty is ditetapkaan in Ministry of Finance (PMK) No. 76/....

India - Union Urges CM To Seek Package From Centre Up Mills
09 Jul , 2012 - India [Free]
Puducherry based Textile Labour Union has requestd Chief Minister N Rangasamy to procure an aid package from the Centre for Sri Bharathi mills, Swadeshi Cotton Mills and Anglo French textile mill) under its control. A press release from Un....

Kenya - Rivatex to Expand Output With New Machine
09 Jul , 2012 - Kenya [Free]
Cotton farmers in North Rift have been urged to increase production following the acquisition of a larger machine by the Rift Valley Textile Industry (Rivatex) which is expected to boost capacity from the current 300 meters to 20,000 meters. ....

Govt Hopeful Of Meeting $40.5-Bn Textile Export Target In FY13
09 Jul , 2012 - India [Free]
The government is hopeful of achieving the revised textile export target of $ 40.5 billion for 2012-13 despite slowdown in demand from major western markets such as the US and Europe. "We are hopeful of achieving the textile export tar....

India - Textile Industry To Tap New Markets For Export Growth
09 Jul , 2012 - India [Free]
The textile industry is hopeful of meeting the revised enhanced export target by tapping into new markets. Despite demand slowdown, the Government had fixed textile export target at $40.5 billion (about Rs 222,750 crore) for this fiscal against $33 b....

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