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2014-12-15 17:00:00
Rise in polyester raw material prices impact margins of yarn makers in India
The two key raw materials Purified terephthalic acid (PTA) and mono-ethylene glycol (MEG) used in making synthetic yarn although have remained low globally but in India the same have risen by Rs
2014-11-12 11:00:00
Mombasa garments factory receives $25mn investment backing
Mombasa Apparels EPZ factory worth $25 million (Sh2.2b) located in Mtwapa, Kilifi County commenced operations last week. The new factory received backing of an investor in the textile manufacturing
2014-10-17 16:00:00
New Textile Alliance launched in Berlin to move international textile supply chain
Gerd Müller, Germany's Minister for Economic Cooperation and Development (BMZ), launched a new Textiles Alliance in Berlin on Thursday. Its goal is to help move the international textile supply
2014-08-09 14:00:00
Tesco, the only company India to receive investment bid in multi-brand retail
After the UPA-led government of India announced the policy of allowing 51 percent foreign direct investment (FDI) in the multi-brand retailing sector in September last year, Tesco Plc, UK-based was
2014-07-04 14:00:00
Tirupur keen to start with synthetic based products to augment revenue
Tirupur prominent for making quality cotton based knitwear garment as they are unable to generate more revenue with cotton exports, they need to diversify. Synthetic has global market throughout the
2014-06-21 12:10:00
Li and Fung keen to explore opportunities in Kenyan local textile sector
Li and Fung, Hong Kong headquartered industrial firm specializing in supply chain management of high-volume, time-sensitive goods for leading retailers and brands worldwide through an extensive
2014-06-19 10:00:00
UAE to develop as leading high end textile and garment re-export centre
Gulf countries are slowly but surely burgeoning as leading textile manufacturing and trading centres globally. The UAE is a leading centre for textile industry automation where nearly 150 apparel
2014-03-25 15:50:00
Policy change China to cut sale price for cotton from its strategic reserve
From 1 April, the Chinese government will accept bids as low as 17,250 Yuan a ton for standard-quality cotton in its daily auction. This will be 4.2 percent below the current floor price of 18,000
2014-03-12 09:45:00
India’s organic cotton production losing over green cotton
India, the largest producer of organic cotton in the world is losing over green cotton. After seen rapid growth for organic cotton from 2006-2010, it is production began sliding downwards. From 2011
2014-02-24 12:50:00
Bangladeshi jute mills likely to revival with implementation of packaging law
Bangladesh has 94 spinning mills in the country, of which around 20 were closed down in the last 7/8 months and many more mills are running below their capacity and will be forced to close down soon
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