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support+cotton+price
2015-03-02 12:30:00
Budget 2015 has almost nothing for textiles, but growth may spur demand
The Union Budget 2015-16 has nothing for the Indian textile industry as it failed to consider the demands put forth by the industry. The industry has expressed disappointment over the budget
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
2015-02-20 13:00:00
China to invest billions of dollars in textile factories to create 1mn jobs by 2023
China has assured to end a costly stockpiling program that has artificially exaggerated cotton prices. The Xinjiang Production and Construction Corps (XPCC) reluctant to accept the current weak
2015-02-18 14:00:00
Chinese textile industry struggles over slow moving global market conditions
Slow moving global market conditions have hit China's labor-intensive industries, especially garment and textile production. As the textile industry struggles, cotton imports declined 44.9 percent
2015-02-07 11:00:00
ATA and GES to bring revival in Nigerian Textile Industry
Cotton was one of Nigeria’s major export commodities and formed a major component of the gross domestic product (GDP). The collapse of agriculture as a result of the discovery of oil
2015-01-03 15:00:00
India sought clarification from the WTO on phasing out the subsidy for textile exports
India’s textile and garments sector employ over 35 million people and accounts for over 12% of its total exports. The export subsidies offered by India for Textile and Clothing are under
2014-12-21 10:00:00
Nigerian new policy measures to focus CTG and fashion sector
Nigerian cotton and textile sector once was actually the second largest employer of labour and a critical sector of the economy. There has been a decline due to a number of factors. The Federal
2014-12-20 10:00:00
New fine spinner textile factory brings prospect Ugandan textile sector
Ugandans textile industry at one time booming has remained in an indeterminate state despite incentives such as America's African Growth and Opportunity Act (AGOA) while some African countries,
2014-12-08 10:00:00
GSP Plus gateway can bring many positive changes in Pakistan textile industry
Pakistan has witnessed an increase of 20-25 percent in enquires and order from European countries in the last 11 months, said Multinational Export Bureau CEO Babar Khan who runs two textile factories
2014-12-03 15:00:00
Kenyan textiles industry set to grab bigger share of global market
Textiles have been a small part of the Kenyan economy, but the sector has the potential for growth, according to Adan Mohamed, industrialization minister. The government is trying to entice textile
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