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invest+major+expansion
2014-10-21 12:00:00
Almeda plans to expand its textile factory five times bigger
Almeda Textile is the biggest textile manufacturing company in Ethiopia having 100 million Birr sales volume. That is 70% sales volume in local market and 30% sales volume in global market . Almeda
2014-10-19 12:00:00
Pakistan textile firms being trained to avail maximum benefit from GSP Plus status
Pakistan is facing a challenge to turn the GSP Plus conditions into an opportunity as textile companies although best but unaware of how to avail the duties and tax concession under GSP Plus given by
2014-09-08 17:00:00
Russia to impose ban on machinery import for technical textiles and nonwovens production
The Russian government has recent taken up decision to impose a ban on the import of industrial equipment from Western countries. The decision was the Russian government’s response to recent
2014-08-12 16:20:00
Himatsingka Seide to become the sole shareholder of Giuseppe Bellora S.p.A, Italy
Himatsingka Group a vertically integrated Indian Home Textile major with a global footprint, which currently owns 70% of the share capital of Giuseppe Bellora S.p.A, (owner of the luxury Italian
2014-07-11 22:30:00
Vietnamese enterprises want to take up China plus one policy to ease reliance on China
China plus One or China +1 is an international business strategy that consists of the expansion of one company's current operations in China, to another country having low wage rate, strong
2014-05-27 12:35:00
Narendra Modi textile connect will boost growth and employment
The newly elected prime minister of India, Narendra Modi’s connection with the textile industry appears promising and the industry is well poised to experience a major breakthrough at the
2014-04-29 09:00:00
Knitwear industry to see their dream come true with the inauguration of KTM Centre
The Indian knitwear industry to soon see their dream coming true as Zohra Chatterji, Secretary, Union textile ministry will be inaugurating the Knitwear Technology Mission Centre on 6th May in
2014-03-20 09:00:00
Himatsingka focusing on design and technology for profitable growth
Himatsingka Seide, a family-owned business with Rs 2,500 crore (sales) a vertically integrated home-textile major with manufacturing operations in India and with global footprint, it have retails
2014-03-07 16:45:00
Ethiopian makes efforts to boost its clothing and textile sector
The Ethiopian government is keen to boost its apparel manufacturing industry for which a target of US$1bn is set in textile exports by 2016. The country's efforts to build its textile and garment
2014-02-08 12:30:00
Pakistan trying to reinvent its textile and apparel industry
As textile being highly labour intensive industry, developed nation have already lost their cost competitiveness and big firms in developed countries are trying to re-locate their activities in low
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