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2013-11-22 14:24:57
Karnataka announces new textile policy, to create 5 lac jobs and attract Rs100 bn investment
The Karnataka state government has announced its ambitious new textile policy for 2013-18 and has set a target of attracting an investment of Rs 10,000 crore. It wants to make the state a preferred
2013-11-22 14:24:57
Cotton futures advance for second day on short-covering
Cotton futures gained on 13 November on short-covering in heavy trading as the index fund roll neared its conclusion and mill buying under the market continued to underpin prices. The most-active
2013-11-22 14:24:57
Bangladesh garment makers agree to raise worker wage to US$73 pm
After days of labour unrest that forced the closure of hundreds of factories in Bangladesh, the garment manufacturers have agreed to a US$73 minimum monthly wage for the country's four million
2013-11-22 14:24:57
Powerlooms in Maharashtra demand cut in power tariff
The Maharashtra state textile minister Arif Naseem Khan has written to minister for industries Narayan Rane urging that power rates must be reduced in light of wake of strike in the powerloom sector
2013-11-22 14:24:57
Ethiopia textiles exports rises 50pc to US$29 mn in Q1
Exports of textiles from Ethiopia was worth US$ 29 million during the first quarter of the fiscal year 2013-14 that began on 8 July 2013. The first quarter export earning was over 50 percent higher
2013-11-22 14:24:57
Textile sector to be linked with MNREGA scheme
The union textiles ministry wants to link the textile industry to be linked with Mahatma Gandhi National Rural Employment Guarantee Act or MNREGA with an objective to help attract skilled workers to
2013-11-22 08:51:45
Textile and apparel industry commits to sustainable sourcing through lifecycle analysis
Consumer attitudes about the materials and ingredients in products they buy are rapidly changing, shifting toward products that are ethically or sustainably sourced - and clothing is no different.
2013-11-20 04:42:00
Pakistan cotton production up as arrival increases 12 pc or 1 mn additional bales
World's third largest cotton grower – Pakistan, has produced more cotton than last year. Ginneries have reportedly received 9.518 million bales of cotton up to 15 November 2013, an increase of
2013-11-14 14:13:00
Cotton exports from India will decline in 2013-14 due to high price
According to a US Department of Agriculture (USDA) report, India's cotton exports are likely to drop by 9% to 9 million bales in the 2013-14 marketing year (August-July) due to sluggish demand and
2013-11-12 13:00:54
Is Ethiopia the next stop for textile industry?
Ethiopia's government has been giving special emphasis to its textile industry as it aims to export more than a billion dollars worth of apparel by 2016. From the economic development point of view,
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