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2017-12-15 14:00:00
Power loom sector hit hard with the increasing yarn prices
Yarn is basic raw material for power loom sector and the increasing nylon and polyester yarn prices has destabilized the sector further which is reeling under the after-effects of implementation of
2017-12-13 12:00:00
Ethiopian textile, garment exports earns USD 31.2 mn over last 3 months
The Ethiopian Textile Industry Development Institute disclosed that the foreign currency generated from the textile sector has been steadily growing. Over the last three months Ethiopia has earned
2017-12-07 14:00:00
Indian denim manufacturing industry urge govt to increase support
Indian denim fabric manufacturing industry a the sunrise industry in the entire textile value chain of India is currently under stress. To bring the industry out of this situation the Denim
2017-12-05 10:00:00
Textile body urge to raise imports duty on MMF yarn, cotton fabric
The Confederation of Indian Textile Industry (CITI) has urged commerce and textile ministries to raise import duty on man-made fibre (MMF) yarn, cotton fabric and MMF fabrics by 15 percent to
2017-11-17 10:00:00
Garment exports fall highest in percentage term in October on GST woes
Garment exports hit hard in October as order bookings didn’t happen due to the ambiguities relating to GST. The fall is one of the highest in percentage term, the worst performing export
2017-11-08 10:00:00
Synthetic textile raw materials getting costlier with rising crude oil price
Synthetic textile manufactures are witnessing raw materials getting costilier by two to five percent over the past month due to a sharp increase in crude oil prices. IT is expected a further
2017-11-01 11:00:00
Vietnamese products displayed at Hong Kong fashion fair
Vietnam is seen rapidly improving its supply chain for locally made garments and taking part in more free trade agreements with increasing number of overseas buyers are sourcing products from the
2017-10-24 17:00:00
Ludhiana based knitters seek higher import duty on man-made fibres
Ludhiana is a hub of knitwear industry in Punjab, having around 5,000 units with a majority of them in the MSME sector, disturbed over the rising imports of man-made fibre textiles from China due to
2017-10-13 15:00:00
Bal Tekstil signs supply contract with IKEA
Bal Tekstil, professional manufacturer of carpets and rugs in Ontustik, the South Kazakhstan region’s special economic zone, since 2011 has signed a supply contract with IKEA, Sweden’s
2017-10-10 10:00:00
Latest revision of GST rates welcomed by textile industry
The Country’s finance minister Arun Jaitley on Friday announced latest revision in the goods and services tax (GST) rates. Tax rates on man-made yarn is reduced from 18 percent to 12
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