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2016-12-22 15:00:00
Soaring wage prompt Chinese apparel makers turn to Vietnam
China exports about $169 billion worth of clothing annually. It used to be the unrivaled textile king of Asia. But with wages in China having doubled in the last five years and apparel makers there
2016-10-04 18:12:00
Hyosung Corp to invest US$ 27 million to increase spandex capacity
Hyosung Corporation, a leading textile company in South Korea plans to invest US$27 million to expand spandex capacity by 5000 tons in Istanbul, Turkey amid increasing demand from European and Middle
2016-10-04 18:12:00
Hyosung Corp to invest US$ 27 million to increase spandex capacity
Hyosung Corporation, a leading textile company in South Korea plans to invest US$27 million to expand spandex capacity by 5000 tons in Istanbul, Turkey amid increasing demand from European and Middle
2016-09-12 16:30:00
Time to revive Khadi market in Indian textile industry
The Indian textile industry, which caters to clothing need which has an estimated market size of $108 billion is divided into two broad segments within the industry, namely the traditional hand-woven
2016-09-12 14:00:00
Vietnamese garment export orders sees decline from foreign partners
Thanh Cong Garment, one of a few Vietnamese garment companies which owns a yarn – fabric – garment production line having strong demand from South Korea and the US, its key markets,
2016-09-03 11:30:00
Govt considering cut in excise duty on MMF in the new policy
The Ministry of Textiles is set to announce a cut in excise duty on MMF in the new policy in order to boost investment to meet growing demand from the synthetic textile industry. The MMF industry
2016-07-27 17:00:00
Mitsubishi Chemical to sell off its Chinese and Indian PTA operations
Mitsubishi Chemical Holdings plans to sell off its Chinese and Indian operations of terephthalic acid (PTA), the primary raw material used to manufacture various polyester products, amid
2016-07-23 14:00:00
CCI to start sell remaining stock of cotton to SME sector
Following directions by the textile ministry, the Cotton Corporation of India (CCI) will now start selling its remaining stock of about 24,000 bales to only small and medium scale mills as these
2016-07-20 16:00:00
India’s cotton cultivation declines by 8 percent this year
The Cotton Corporation of India, (CCI) had earlier predicted higher cotton acreage for 2015-16. Now, the total cotton output of India is also expected to be a dismal 352 lakh bales, compared to the
2016-07-03 12:00:00
China’s textile, garment exports via ports in Xinjiang rise
The China-proposed Belt and Road initiative and regional economic development, Xinjiang, which borders eight countries and boasts 29 national ports, has grown into a trading hub for garments.
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