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2014-11-03 17:00:00
Ethiopian govt to sell all its shares in companies jointly owned begins with Saygin Dima Textile Factory
The Ethiopian government sells all of its shares in the Saygin Dima Textile Factory S.C. to its Turkish private sector partner company Saygin. The Turkish company will pay 563 million Br over five
2014-10-25 10:00:00
Botswana Textile and Clothing Association plans to eliminate competition from Asian companies
The textile and clothing companies have newly formed Botswana Textile and Clothing Association (BTCA) that will help in enhancing growth and sustainability of their trade in highly competitive
2014-09-24 17:00:00
Estonian textile company acquires knit fabrics factory Qualitex from Tolaram
Kristi Täht is Estonian businesswoman and owner of the Estonian textile company K.Täht Holding OÜ, has acquired the knit fabrics factory Qualitex AS from Tolaram Group, which operates in
2014-09-12 13:00:00
New national textile policy aims to beget $120bn investment in India
The draft vision paper, given to the ministry in July, aims at bringing investment of $120 billion, so the sector can achieve $650-billion growth by 2024-25 for which it will require 35 million
2014-09-08 15:30:00
Textile Ministry pro FDI in multibrand retail restricting to Indian apparel only
At present, foreign direct investment policy does not allow any FDI in Indian brands or retail but only in foreign brand/retail, which is owned and operated by an international company. The
2014-08-19 16:30:00
Technocraft Industries faces industrial relation unrest at its yarn division at Murbad
Technocraft Industries (INDIA) Limited established in year 1972 diversified into textile business by setting up state-of-the-art ISO 9001:2000 Certified Cotton Yarn Spinning Mill in 1997, which has
2014-08-04 16:30:00
Indian yarn shipment plunged 20% over lesser demand from China and Pakistan GSP status
Indian yarn shipment plunged to about 100 million kg in April and, according to industry estimate, further to 90 million kg each in May and June, after clocking average monthly exports of about 120
2014-07-22 16:00:00
Jamdani with its roots in Dhaka yet to be registered as GI product
Jamdani, one of the finest Muslin textiles with its roots in Dhaka District, Bangladesh for centuries, but not yet legally registered. It is a hand woven, fine cotton fabric deftly embellished with
2014-07-15 10:59:00
Union Budget 2014-2015 intents to bring Acche Din for textiles
The Narendra Modi government, which has sought 60 months from the Indian electorate to bring good days, in its first budget exuded its intent to kick start the investment cycle to nurse India's
2014-07-12 21:15:00
Indian readymade garments sector to spur
Finance Minister Arun Jaitley’s announcement of duty-free entitlement for import of trimmings, embellishments and other specified items to five percent of the value of their exports, from the
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