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duties+are+so+high
2014-07-20 11:00:00
Higher incentive and cut in duty for textile exports to lessen trade deficit with China
The Cotton Textiles Export Promotion Council (Texprocil) has urged the ministry for higher incentives including 5 percent duty reduction for exports to China. This incentive will help to put another
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
2023-03-16 03:40:46
FibreTrace partners with Circular Systemsâ„¢ to tackle traceability in recycled cotton
Textile innovation company Circular Systems™, has partnered with FibreTrace® to embed physical traceability technology into Texloop™ RCOT™ recycled cotton on a worldwide scale. Circular
2021-02-06 17:26:16
Indian textile industry welcomes Union Budget 2021-22
 While announcing the budget plan on February 1, 2021 union finance minister, Nirmala Sitharaman made few announcements for the textiles sector regarding custom duties. A concern has been shown to
2019-10-10 20:00:00
UNIQLO comes to India with significant investments
UNIQLO founder and chairman Tadashi Yanai — Japan’s wealthiest man — who runs one of the world’s largest apparel retail company Fast Retailing Group said the company has made significant
2019-09-09 10:10:00
US profits hurt by cheap foreign polyester
A major U.S. consumer of RPET enjoyed higher sales figures but suffered significantly lower net income last fiscal year. One reason was cheap polyester imports from China and India. Unifi, which
2019-07-30 12:55:00
Pressure on the cotton prices remains maintained
Even though the trade dispute between the United States and China has moved away from escalation and towards reconciliation since the G20 meeting in June in Osaka, the consequences of this already
2019-07-09 12:40:00
EU-Mercosur trade deal makes way for new opportunities
The European Union and Mercosur states – Argentina, Brazil Paraguay and Uruguay, have reached a conclusion of negotiations for a comprehensive and ambitious Free Trade Agreement at the end of last
2019-06-03 14:45:00
India's apparel export's share in total exports fall from 51% in FY17 to 45% in FY19
The new government would have to rethink its policy on turning around India’s second-largest job provider, as the textile sector continues to gasp for growth. Three years after key regulatory
2019-05-30 11:50:00
Combodian garment workers wrote a plea to EU over tariffs
Cambodia’s biggest employer is its garment industry. Garment manufacturing has been critical to the country’s economic growth over the past several years, and has helped lift workers
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