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Bangladesh poised for growth in Man-Made Fiber garments: PwC study

Bangladesh poised for growth in Man-Made Fiber garments: PwC study

  A new study by Price Waterhouse Cooper (PwC), titled ‘From Shirts to Shores: Blueprint for Bangladesh RMG Industry’ paints a promising picture for Bangladesh's garment industry, with a focus on man-made fiber (MMF) apparel. Here are the key takeaways: Rising demand for MMF apparels The global ... Read more

Rules of Origin Reshape Garment Exports: A new landscape for global ap…

Rules of Origin Reshape Garment Exports: A new landscape for global apparel trade

  The global garment industry is facing a potential paradigm shift driven by stricter regulations on sourcing and production. Export markets like the European Union (EU) are increasingly favoring garments where countries source their own textiles internally, driven by compliance with stricter Rules of Origin ... Read more

France push for EU ban on used clothes exports, a complex issue with n…

France push for EU ban on used clothes exports, a complex issue with no easy answer

  The fashion industry is a major contributor to textile waste, with Europe alone generating 5.2 million tons annually. France is proposing a ban on EU exports of used clothing, aiming to curb this waste and prevent African nations from becoming dumping grounds for unwanted garments. This proposal has sparked... Read more

Textile, Apparel SMEs: A critical look at the CRISIL’s rebound report

Textile, Apparel SMEs: A critical look at the CRISIL’s rebound report

  The Indian textile and apparel industry, especially for SMEs, is poised for a potential rebound, as indicated by the recent CRISIL SME Tracker report. However, beyond the fluctuations in cotton prices, a multitude of challenges confront these enterprises. This comprehensive analysis aims to dissect the intr... Read more

France Cracks Down on Fast Fashion: A step forward or a symbolic gestu…

France Cracks Down on Fast Fashion: A step forward or a symbolic gesture?

  France's recent bill targeting ultra-fast fashion with penalties and advertising bans has sparked debate on its effectiveness in tackling environmental concerns within the clothing industry. Here's a deeper look at the issue, considering various perspective. The regulation to curb environmental impact ... Read more

India Tightens Belt on Chinese Textiles: A cause for celebration or mi…

India Tightens Belt on Chinese Textiles: A cause for celebration or missed opportunity?

  India's recent move to impose a minimum import price (MIP) of $3.50 per kilogram on specific synthetic knitted fabrics from China has sparked debate within the textile industry. This policy follows earlier restrictions on fibre and yarn imports under Quality Control Orders (QCO)/Bureau of Indian Standards (... Read more

India-Bangladesh Rupee Trade: Slow start amidst dollar dominance

India-Bangladesh Rupee Trade: Slow start amidst dollar dominance

  While India and Bangladesh launched rupee-based trade in June 2023 to reduce dependence on the US dollar, the initiative faces an uphill battle. With a turnover of just $0.46 million in nearly seven months, the program suffers from several challenges. Current challenges Dollar dominance: The global domina... Read more

Can EFTA countries become a gateway for Europe for Indian textile and …

Can EFTA countries become a gateway for Europe for Indian textile and apparel industry?

  The European Free Trade Association (EFTA) nations have the potential to act as a bridge for the Indian textile and apparel industry to access the European market. The EFTA comprises Iceland, Liechtenstein, Norway, and Switzerland, all of which boasts of strong economic ties with the European Union (EU) thr... Read more

China to view VIATT's success with a mix of caution and opportunity

China to view VIATT's success with a mix of caution and opportunity

  The recent show ‘The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) 24’ sent a clear message: Vietnam's textile and apparel industry is a force to be reckoned with. The expo's success highlights a complex relationship between Vietnam and China, a story of... Read more

RCEP: Countries see mixed fortunes in textile and apparel trade, Cambo…

RCEP: Countries see mixed fortunes in textile and apparel trade, Cambodia remains top gainer

  The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, has shown promising results for Cambodia in its first year. Its total trade with RCEP members reached nearly $30 billion, with exports growing by 28 per cent and imports falling by 13 per cent. However, the sto... Read more

WTO extends moratorium on e-commerce tariffs for two years

WTO extends moratorium on e-commerce tariffs for two years

  In a potential boost to global digital trade members of the World Trade Organization (WTO) have tentatively agreed to extend a moratorium on tariffs on electronic commerce for another two years, according to a draft document released last week. However, the decision still requires formal approval from all 1... Read more

SIMA cautions against panic buying as cotton prices rise

SIMA cautions against panic buying as cotton prices rise

  The Indian textiles and clothing industry, primarily reliant on domestically grown cotton, faces a tumultuous period marked by surmounting challenges. Despite grappling with issues like high capital costs, tariff barriers, and soaring power expenses, the sector traditionally leveraged competitive domestic c... Read more

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Rajapalayam Spinning Mills shutdown leads to mass job losses

  The textile industry in India, particularly in regions like Rajapalayam, is facing a ... Read more

India's textile ambition: $600b exports by 2047

  India is charting an ambitious trajectory in the textile sector, targeting a substant... Read more

Pakistan to introduce new policy for upliftment of the textile sector

  The Pakistan Government will soon introduce a comprehensive wheeling policy to uplift... Read more

Mexico reassesses anti-dumping duty on PFY imports from India, China

  Mexico’s Ministry of Economy is currently reassessing the anti-dumping duty app... Read more

Revenues from India’s textile industry to rebound next financial year: CRIS…

  After being hit by volatile cotton prices and muted export demand in the previous two... Read more

Introduce separate ‘Apparel Policy’, urges PRGMEA

The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has urged the ... Read more

Copenhagen Fashion Week updates first sustainability rules

  Copenhagen Fashion Week, as the pioneer in global fashion events, has mandated Sustai... Read more

Exporters appeal for exemption from compliance to Section 43B (h) of the In…

  Exporters spanning various sectors have united to appeal for exemption from a recentl... Read more

Government announces extension of the ‘Samarth’ scheme for textiles

  The central government has announced the extension of the 'Samarth' scheme, a flagshi... Read more

Government imposes Minimum Import Price on synthetic knitted fabrics

  In a bid to fortify domestic manufacturing and mitigate the inundation of low-cost im... Read more

France passes bill to address environmental impact of fast fashion products

  France's National Assembly has passed a bill aimed at addressing the environmental im... Read more

Introduce new textile policy on urgent basis, urges SGCCI

  In a recent meeting with the state government officials, several representatives of t... Read more

DGFT grants exemption from QCOs to viscose staple fiber imports

  The Directorate General of Foreign Trade (DGFT) has granted an exemption to certain i... Read more

NCTO: Asian apparel practices hurt US textiles

  The National Council of Textile Organizations (NCTO) warns of a looming crisis in the... Read more

Government extends RoDTEP benefits to the textile sector

  The government has declared an expansion of benefits under the renowned export promot... Read more

Karnataka announces new textile policy for 2024-2029

  The Karnataka Government has formulated a new textile policy spanning from 2024 to 20... Read more

Centre extends RoSCTL scheme for apparel exporters

  The Central Government has announced an extension of the Rebate of State and Central ... Read more

Kenya's textile players raise concerns over duty-free import of fabrics

  Kenyan textile manufacturers have raised concerns over a government proposal to allow... Read more

Stringent government restrictions exacerbating MEG scarcity in Indonesia: A…

  Stringent government import restrictions are exacerbating the scarcity of mono-ethyle... Read more

STMA urges for extension of VAT exemption to power loom manufacutrers

  Sri Lanka's Textile Manufacturers' Association (STMA) is urging the government to ext... Read more

Textile Ministry pushes for expansion of PLI scheme in textiles

  The Indian government plans to expand the Production Linked Incentive (PLI) scheme fo... Read more

Kenya textile manufacturers oppose import of duty-free cotton fabric

  Textile manufacturers from Kenya's cotton-growing regions are fiercely opposing the g... Read more

CMAI express concerns over recent amendment to MSMEs payments policy

  The Clothing Manufacturers Association of India (CMAI) has expressed concerns about t... Read more

Tamil Nadu to adopt local procurement policy for technical textiles

  The Tamil Nadu Government plans to adopt a local procurement policy to capture a larg... Read more

India to boost textile exports to Australia, UAE

  As demand for textile exports in Europe and the US market continues to wane, India pl... Read more

Textile Ministry to promote exports under Kasturi Cotton Initiative

  The Union Textile Ministry plans to promote cotton exports under the Kasturi Cotton I... Read more

Transforming global textile alliances: India's journey to ESG excellence

  In a groundbreaking shift, India's textile industry has embraced Environmental, Socia... Read more

Introduce support measures for spinning segment, urges CITI

  Rakesh Mehra, Chairman, Confederation of Indian Textile industry (CITI), has urged th... Read more

New trade policy may trigger batik imports: Chairman, API

  Jemmy Kartiwa Sastraatmaja, General Chairman, Indonesian Textile Association (API), s... Read more

Make urgent policy changes for uninterrupted access to raw materials: Presi…

  KV Shrinivas, President, International Textile Manufacturers Federation (ITMF) urged ... Read more

RoSCTL extension has become a necessity: AEPC

  Current global economic uncertainties have made the extension of the RoSCTL scheme fo... Read more

Centre to set up seven PM MITRA parks

  The central government plans to set up seven Pradhan Mantri Mega Integrated Textile R... Read more

Maharashtra forms study group for power loom industry improvements

  The Maharashtra government is taking steps to address issues within the state's power... Read more

Pakistan textile's $50 bn boost includes opening 1,000 units, incentives, g…

  Focusing on its ambitious target of reaching $50 billion in export, key players in Pa... Read more

India boosts circular textiles with new HSN codes and record-keeping

  India’s Ministry of Textiles in India is taking significant steps to enhance th... Read more

Deadline for applications under PLI scheme for textiles extended

  The government has extended the deadline for new applications under the PLI scheme fo... Read more

Government to extend cotton pilot project beyond March 2024

  Following a 25 per cent surge in cotton production across 10 states, the government p... Read more

EU GSP report flags human rights concerns in Bangladesh

  In the evaluation report spanning 2020-33, the European Union (EU) has raised apprehe... Read more

Bihar's Global Investors' Summit to attract investments in textiles from Ba…

  The Bihar government is enticing entrepreneurs from Bangladesh to invest in the state... Read more

India proposes changes in Comprehensive Economic Partnership Agreement with…

  India’s Commerce Ministry is planning to introduce amendments to the rules of o... Read more

Africa seeks AGOA extension beyond 2025

  Multiple African nations are actively pursuing an extension of the African Growth and... Read more

AMHSSC plans new centres of excellence across the country

  The Apparel Made-Ups and Home Furnishing Sector Skill Council (AMHSSC) is embarking o... Read more

Extend refinancing facility to textiles, BTMA urges Bangladesh Bank

  Mohammad Ali Khokon, President of the Bangladesh Textile Mills Association (BTMA), ha... Read more

India signs supply chain agreement with 13 IIPEF partner countries

  India has signed a Supply Chain Agreement within the Indo-Pacific Economic Framework ... Read more

ASEAN urges India to join RCEP for mutual benefits

  Kao Kim Hourn, Secretary-General of ASEAN, has advocated for India to reconsider join... Read more

SIMA urges Tamil Nadu CM for textile industry support

  The Textiles and Clothing (T&C) sector in Tamil Nadu, known as the backbone of th... Read more

India: RoDTEP Scheme extended for Nine Months

  Welcome Step The Indian government has recently announced the extension of the Remis... Read more

H&M to Resume Operations in Ukraine in November

  Swedish fashion retailer H&M announced on Thursday that it plans to reopen most o... Read more

India: National e-commerce policy nearing finalization

  The commerce and industry ministry is finalizing the national e-commerce policy. The ... Read more

Germany backs Philippines-EU trade talks for stronger ties

  Germany has expressed firm support for the revival of negotiations concerning a free ... Read more

'Make in India' initiative drives economic transformation, global investor …

  The "Make in India" initiative, launched in 2014, has been a major success. FDI in th... Read more