China’s stockpiling move fails to boost cotton prices
To boost recovery of China’s cotton market, Beijing aims to buy half a million tons of Xinjiang cotton for state reserves. China’s cotton market has been on decline ever since US announced ban on cotton made in Xinjiang. Beijing has announced plans to buy between 300,000 and 500,000 tons of Xinjiang cott... Read more
Focus on priority sectors can help Nepal achieve LDC targets
Despite being confronted by unfavorable conditions, Nepal, has made significant socio-economic progress in the last few years. However, it has demonstrated an absurd growth curve where below average economic growth is being supported by a sharp reduction in poverty. As per a report by Himalaya Times, in the l... Read more
A new year’s gift to the industry as government defers GST hike on tex…
Smiles are back on the faces of textile industry leaders as the GST Council has unanimously deferred its proposed hike to GST rates on textiles. The GST rate hike on textiles from 5 to 12 per cent was to come into effect from January 1. The decision to defer the hike was made at the 46th meeting of the GST Co... Read more
Brand accountability calls for collaborative efforts by suppliers
For decades, suppliers have been made a scapegoat by fashion companies and the same is true during COVID-19 as well. Taking undue advantage of the ongoing pandemic, companies have either been exploiting the loopholes in their contracts to cancel orders or voluntarily changing the terms of supplier agree... Read more
Pakistan eyes $28 billion textile exports by 2025
"The recently approved Textile Policy 2020-25 of Pakistan sets an ambitious target of increasing the country’s textile exports to $28 billion by 2025. To achieve this target, the country aims to boost cotton production from nine million bales to 20 million bales within five years. It also aims to improve the qual... Read more
Despite FDI relaxations, single brand retailers choose local partners …
"The Department for Promotion of Industry and Internal Trade (DPIIT) recently clarified that single brand retailers, owned by foreign companies, can fulfill their local sourcing requirements by procuring goods produced in units based in special economic zones (SEZs). It further clarified these goods to be sourced by th... Read more
India: Government formulating new textile policy
Since the last few years, the Indian textile industry has been facing problems like technological obsolesce, high input cost (power & capital), poor access to credit, fragmented units, absence of fiber neutrality etc. To address these issues, the government has been implementing various schemes over the years. It ... Read more
New disruptions await fashion industry in UK, EU post Brexit
"UK Trade Policy Observatory foresees, Brexit to impact the manufacturing sector which would lead to a significant drop in exports. However, continental manufacturers and retailers fear that UK operating outside the regulatory sphere of EU will be at an unfair advantage. Britian want to finalise this trade deal within ... Read more
Zero Defect Zero Effect (ZED): Enhancing global competitiveness of Ind…
An independent third party inspection service company, RSJ Inspection works as a quality control partner for securing Indian imports. The company was recently accredited as the rating agency for the zero defect initiative (ZED) launched by the Indian government. Sarath Chandran, Director of the company elaborates on th... Read more
US-China tariff battle ends with trade deal, apparel sector unhappy wi…
"United States will reduce the 15 per cent tariffs imposed on a wide range of Chinese consumer goods by half and also cancel another round of tariffs implemented in December. On its part, China will buy an additional $12.5 billion worth of agricultural products from the US in the first year and $19.5 billion worth of g... Read more
Myanmar becomes new hotbed of apparel manufacturing
"The garment industry in Myanmar has grown significantly in the past five years, from an export value of $900 million in 2012 to $4.37 billion in the first 11 months of FY 2018-19. The country now aims to reach an export value of $10 billion garments by 2024 besides creating over a million jobs for its unskilled and se... Read more
India needs to adopt a cautious approach to RCEP
"The subsidies given by its government and loans granted with low interest rates helped the Chinese textile industry to emerge as one of the top industries in the world. This coupled with zero per cent duty through the RCEP free trade agreement is likely to provide China with an open market, affecting medium and small ... Read more
European Parliament Tackles Fashion Industry's Harmful Effects
The European Parliament has taken a significant step in addressing the unregulated and detrim... Read more
USFIA joins other industry groups to voice concerns over 301 tariffs
The US Fashion Industry Association (USFIA) has joined other retail and fashion industry groups... Read more
Indonesia to use new technologies to increase textile industry competitiven…
Making Textile and Textile Product (TPT) industry, is one of priority areas in the Making Indon... Read more
Trade in rupee may not help apparel exports
Indian garment exports are not likely to get much boost from the new additional arrangements fo... Read more
Rebate scheme extended to 2024
The Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) has been extended till Mar... Read more
SIMA hails RBI’s decision on Exim trade with Indian rupee
The Southern India Mills Association (SIMA) has welcomed the RBI announcement on the internatio... Read more
India: Industry associations want GST hike to be scrapped totally
Praising the Goods and Services Tax Council’s decision to poste GST hike ... Read more
PLI incentives guidelines out, its payable for only five years
The incentive under the Production Linked Incentive scheme will be pa... Read more
India to have uniform GST from January 2022
Uniform goods and services (GST) tax will be applied at 12 per cent on manmade ... Read more
India: ATUFS makes progress in settling claims
Out of the total settlements under the Amended Technology Upgradation Fund Scheme (ATUFS) since... Read more
West Bengal to make textiles into a 70,000 crore industry in 5 years
The West Bengal government aims to make the state’s textile industry into a Rs 70,000 cro... Read more
Simplfy rules in Simple Advance Authorization Scheme: AEPC
The Apparel Export Promotion Council (AEPC) has urged the government to simplif... Read more
PLI scheme to boost India's share in global textiles market: CITI
According to T Rajkumar, Chairman, Confederation of Indian Textile Industry (CI... Read more
Textie Ministry designs policy framework to promote handloom products
Textiles minister Smriti Zubin Irani says textile ministry has designed a polic... Read more
Kenya’s KBES develops new protocol for import of used clothes
As per a report by the Kohan Textile Journal, Kenya Bureau of Standards (KBES) ... Read more
India: Remove anti-dumping duty on VSF, urges CITI, industry stakeholders
The Confederation of Indian Textile Industry (CITI), along with other industry ... Read more
DGFT amends export policy for surgical masks and medical coveralls
The Directorate General of Foreign Trade (DGFT) has amended the export policy f... Read more
CFA appeals for postponement of partial withdrawal of EBA
The Cambodian Footwear Association (CFA) has appealed to the European Commissio... Read more
India: DGFT allows export 50 lakh PPE suits monthly
In a big win for PPE manufacturers, the Directorate General of Foreign Trade (D... Read more
India initiates countervailing duty on Bangladesh jute goods
India has initiated an anti-subsidy investigation for imposition of countervailing duty (CVD) o... Read more
Extend measures granted to MSME to garment retailers: CMAI
CMAI has urged the government to consider extending measures, which were given to the MSMEs in ... Read more
Coimbatore, Tirupur MSMEs welcome finance minister’s relief package
Textile industry and micro, small and medium-scale enterprises (MSMEs) in Coimbatore and Tirupp... Read more
Philexport urges for technological up gradation to boost garment exports
Robert M Young, the trustee of The Philippine Exporters Confederation (Philexport) has revealed... Read more
Indonesia’s textile associations urge for relaxation in government polices
Indonesian Filament and Fiber Producers Association (APSyFI) and the Indonesian Textile Associa... Read more
AEPC seeks two-year extension of interest subsidy scheme
AEPC has sought a two-year extension of the interest equalisation scheme that expired last mont... Read more
China tightens quality norms for mask export
To ease the pressure a leading medical exporter China has decided to ensure supervisions and st... Read more
China to launch online shopping festival
The Ministry of Commerce (MOC) recently revealed that China will launch an online shopping fest... Read more
Bangladesh to sue factory owners for non-payment of laborers
Bangladesh will sue factory owners that do not pay their staff during the lockdown, with thousa... Read more
Haiti to soon reopen its textile factories
Haiti has decided to reopen its textile factories from April 20. The poorest country in the wes... Read more
PRGMEA, PHMA appreciate exemption of textile industry from lockdown
The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and Pakistan H... Read more
South Africa to assist ailing textiles industries
Regulations giving effect to the government’s commitment to assist ailing industries and ... Read more
AAFA welcomes Senate’s $2 trillion war chest
The American Apparel and Footwear Association (AAFA) has welcomed US Senate approval of a S$2 t... Read more
GSP helps beneficiary countries
The EU has three different GSP schemes for beneficiary countries: General GSP, GSP+ and Everyth... Read more
Indonesia eases import restrictions
Indonesia plans to relax restrictions on importing goods as one of its fiscal measures to comba... Read more
India removes MMF duty on PTA
India has removed the anti-dumping duty on Purified Terephthalic Acid (PTA), a key raw material... Read more
India launches new refund scheme
India has put forth a mechanism for reimbursement of all taxes or duties or levies that are cur... Read more
GST council defers hike on textiles
The current economic slowdown and impact of coronavirus has compelled the GST Council to defer ... Read more
Sri Lanka proposes measures to minimise the virus impact on apparel industr…
At a recent multi-sectoral meeting chaired by Sri Lankan Prime Minister Mahindra Rajapaksa, Joi... Read more
GST council to address rates for garments, textiles
At its upcoming meeting, the GST Council plans to address the tax rates for sectors including t... Read more
EU Circular Economy Action Plan: Euratex stands ready with concrete and rea…
The European textiles and clothing sector cares about circularity of its products; for several ... Read more
NCTO supports US government’s economic stimulus to tackle Coronavirus
The National Council of Textile Organizations (NCTO), representing the full spectrum US textile... Read more
Textile industry wants policy interventions to compete with Asean competito…
A Northern India Textile Mills’ Association (Nitma) delegation recently met Ravi Capoor, ... Read more
Manmade textiles to benefit from duty removal
India’s withdrawal of the anti-dumping duty on purified terephthalic acid (PTA) would fur... Read more
EU withdraws EBA privileges for Cambodia
The EU has decided to withdraw one-fifth of the Everything But Arms (EBA) for Cambodia covering... Read more
India’s new textile policy to focus on structural issues
India’s new national textile policy will be out in a few months. The target will be to ad... Read more
Bangladesh looks to corner Cambodian orders post GSP removal
Bangladesh hopes to gain from the suspension of the European GSP facility to Cambodia. Post GSP... Read more
Coronavirus impacts UK retail
UK retail is reeling from the affects of Chinese Coronavirus. Delays in product deliveries will... Read more
Tiruppur Export Association welcomes Rs 1,224 crore budget allocation
The Tiruppur Export Association (TEA) has welcomed the Budget allocation of Rs 1,224 crore to t... Read more
TEXPROCIL appreciates revision of duty drawback rates
K V Srinivasan, Chairman of the Cotton Textiles Export Promotion Council (TEXPROCIL) has apprec... Read more
Bangladesh wants duty waiver on RMG made with US cotton
The Bangladesh government has stated that garments made with cotton produced from the US should... Read more
Need for a trade agreement to save EU, UK from future mayhem post Brexit
"Uncertainty prevails in Great Britain as the country exited from the European Union. Though ne... Read more