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high+inflation
2015-02-27 06:16:02
Rising labour costs in 2014 pushes global sourcing costs to increase
2014 saw more wage strikes, resulting hikes and general unrest among workers when rates were not sufficiently raised. But despite discontent among the workforce, wages are up worldwide and labour
2015-02-26 17:00:00
Indian economy surges as other big developing market stumble
Multinational companies are looking to expand their Indian operations or start new ones as the stock market and rupee are surging. The growth in India's economy, long a laggard, just matched China's
2015-01-27 16:00:00
Pakistan textile industry gets some relief with interest rate cut
The longstanding demand of the Lahore Chamber of Commerce and Industry (LCCI) that the mark-up rate should be at the lowest to provide some breathing space to industries has been taken care of with
2015-01-02 17:00:00
EU lost its top spot to the US of Vietnam’s largest export market in 2014
Vietnam raked in $28.5 billion from exports to the U.S. in 2014, up 19.6 percent compared with 2013, according to the General Statistics Office of Vietnam (GSO). In particular, the fastest growth
2014-12-19 14:30:00
Organic certification made mandatory for finished textile products
Raw cotton export already required certification under the National Programme for Organic Production (NPOP). It is now required of any finished textile product exported as an organic one such as
2014-12-06 09:00:00
Indian textile firms Q2 net profit affected over erratic costs and demand cycle
India is the second largest producer of textiles and garments in the world. The Indian textiles and apparel industry is expected to grow to a size of US$ 223 billion by 2021. But during the Q2 of
2014-11-25 17:33:00
Spun yarn export declines sharply, apparel also slows down
A weaker rupee and steady demand from China and US had helped the textiles exports in the past year. From April, demand for raw material like yarn from China has fallen dramatically and inventory
2014-10-30 11:00:00
Indian apparel exports registered 17.6 pc growth in Apr-Sept
Apparel Export Promotion Council (AEPC) informed Tuesday that garment exports are on the sustained path of growth with apparel exports from India having registered 17.6 percent growth in
2014-07-19 12:00:00
MMF traders and processors dissent to hike in job charge
MMF traders and processors highly disturbed with the hike in job charges recently announced by South Gujarat Textile Traders Association (SGTPA). They have strongly opposed to accept any further
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
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