India: Boost synthetics, low duties, compliance to revive textile indu…
"With low growth in synthetics, Indian apparel industry stands to be less competitive. The synthetic segment in India failed to make a mark in the global market because of low exports, low wages in factories producing synthetics and low investments in the sector. Indian textile units run for only six months in a year t... Read more
Trade war could boost India’s position in apparel, fashion segment glo…
"A recent survey by Weave Services, a supply chain consulting firm that specialises in demand and production planning shows, leading apparel brands and sourcing offices are moving their bases out of China over concerns of access to raw materials and lead times. This surely offers a golden opportunity to India to establ... Read more
Global garment factories demand fair labor standards
"The expectation was that post Rana Plaza tragedy, that killed at least 1,132 people and injured over 2,500 in Bangladesh, the global garment manufacturing industry had woken up to the social and environmental hazards of fast fashion. However, six years later, little seems to have changed as many workers are still bein... Read more
Budget 2019-20: Textiles allocation reduced, FDI norms for single bran…
"Finance Minister Nirmala Sitharaman presented her maiden budget in Modi 2.0 government. However, the textiles sector seems to have been low on her priority list as the Budget allocation for textiles has been reduced to Rs 5831.48 crore in fiscal 2019-20 from Rs 6,943.26 in the last fiscal. Total textile infrastructure... Read more
NCTO recommends strong policies, FTAs, improved infrastructure for US …
"While NCTO strongly supports the free trade structure established under NAFTA, it also agrees with President Trump’s desire to improve the terms of the original agreement. It specifically advocates certain improvements in NAFTA renewal negotiation. Some of these include: maintaining yarn forward as the fundament... Read more
NCTO CEO Kim Glas to revive the American textile industry
"Kim Glas, new the president and CEO of the National Council of Textile Organisations since April 2019, has set a definite goal to revive the flagging American textile industry. She notes the American industry in the last few years has seen a remarkable uptick in employment with the industry currently employing 600,000... Read more
India: Labor issues cloud India’s knitwear hub Tirupur’s development
"Once touted as the ‘knitwear capital of India, Tirupur, is currently mired by labor issues. Underemployment and rising costs of living, coupled with the continuing impact of policy measures such as the Goods and Services Tax, especially on small-scale manufacturers, is stagnating growth in the city with the shor... Read more
Sri Lanka’s apparel sector targets emerging markets to boost growth
In order to achieve its ambitious target of $8 billion worth of exports by 2025, Sri Lankan apparel sector is looking to first upscale access in emerging markets such as India, China and Brazil. The country will differentiate its products with quality standards and excellent product delivery to capture global demand. T... Read more
Stock management, decentralisation to help brands deal with Brexit
"The British fashion industry, over the past two years and nine months, has been preparing for an unforeseen future. As the UK voted to leave the European Union, a range of fashion and footwear businesses across the UK including manufacturers, brands, agencies and retailers are adopting various measures to mitigate the... Read more
New markets, technological innovations to boost India’s apparel export…
"An analysis of the macro-trends and proprietary data of 100 top apparel exporters in India reveals, export value and shipments from major markets like the UAE have consistently fallen during the year. A report by US-based Drip Capital, a major provider of trade finance for SMEs in the sector, notes demand from key imp... Read more
Strong economy, world class infrastructure to help India deal with GSP…
"The United States Trade Representative (USTR) recently announced, India and Turkey will soon lose their Developing Beneficiary Country (BDC) status under the General System of Preferences (GSP) of the WTO. GSP entails duty free access to less developed or developing countries to aid development. It allows the less dev... Read more
Delay in WTO reforms irks the US
"Dealing a huge blow to the WTO, President Donald Trump in August 2018 threatened to withdraw from the organisation if it fails to upgrade operations to reflect a modern, rapidly changing world. If this threat is executed by the WTO, it would not only impact multilateralism and global cooperation but also the entire in... Read more
- FoF
- GTF
- Tex-S
Zimbabwe reviews clothing rebate
Zimbabwe is plugging loopholes in the rebate scheme for clothing manufacturers. The country has... Read more
Cambodia approves 153 investment projects
In the first half of this year, the Council for the Development of Cambodia approved 153 invest... Read more
US apparel industry opposes tariffs
The apparel industry in the US supports maintaining strong trading ties with China and voices o... Read more
India: Tripura Exporters Association seeks alternative for MEIS scheme
Tirupur Exporters’ Association (TEA) has urged the government to introduce an alternative... Read more
Norteastern weavers in get government support
India is promoting the textile industry in the Northeast. The region accounts for nearly 50 per... Read more
Lenzing revenue up one per cent
Lenzing’s revenue increased by 1.2 per cent in the first half of 2019. The share of speci... Read more
APEC appeals for continuation of MEIS Scheme
APEC has appealed to the government to continue the Merchandise Exports from India Scheme (MEIS... Read more
BGMEA accuses Accord of harming the apparel industry
BGMEA President Rubana Huq has accused the new fire safety related conditions imposed by Accord... Read more
NIPR organises lecture on revival of the moribund Nigerian textile industry
The Kaduna state chapter of the Nigerian Institute of Public Relations (NIPR) recently organise... Read more
US textile industry supports tariffs
The US textile industry supports the 10 per cent tariff on the remaining $300 billion of import... Read more
AAFA decries US President tax move on Chinese imports
The American Apparel and Footwear Association expressed its deep frustration following the anno... Read more
CMAI demands rules of origin for import of raw materials
Speaking at the recently concluded 69th National Garment Fair, Rahul Mehta, President, CMAI urg... Read more
US mulls tariffs on EU imports
The US is likely to impose tariffs worth $7 billion on imports from the EU. The proposed tariff... Read more
Vietnam: EVFTA to replace GSP rates with MFN tariffs
According to a report from Bảo Việt Securities Joint Stock Company (BVSC), textile, garment and... Read more
India: Textile industry hails new budget proposals
The Indian textile industry has hailed the Budget proposals for 2019-20. As the Cotton Textiles... Read more
Pakistan: Introduction of sales tax shuts down textile units
The business of wholesalers and retailers associated with textile processing mills has come to ... Read more
Several measures needed for growth of Indian technical textiles
Indian technical textile market is expected to witness substantial growth from 2016 to 2024. Th... Read more
India to revise customs rules
India may revamp its customs duty regime, weeding out some exemptions and correcting inverted d... Read more
India may extend rebates to yarn and fiber
India may extend the rebate scheme to other textile categories like yarn and fiber. As of now t... Read more
India plans anti-dumping duty on yarn imports from four nations
The Indian government may impose anti-dumping duty on imports of certain types of filament yarn... Read more
Bangladesh removes domestic yarn from the VAT net
The Bangladesh Textile Mills Association has thanked the government for imposing Tk4 tax on sal... Read more
Handloom weavers want GST fixed at five per cent
India’s power loom weavers and business owners want the current GST rate for power loom t... Read more
India unveils textile package
India has unveiled a special package for the domestic apparel sector. The aim is to encourage t... Read more
Bangladesh mills want tax scrapped
Textile mills in Bangladesh want the five per cent advance tax proposed on import of textile ma... Read more
Bangladesh exporters seek more incentives
Bangladesh garment manufacturers and exporters want cash incentives to be raised from one per c... Read more
BGAPMEA calls for a reduction of corporate tax rate to 12%
Bangladesh Garment Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) ... Read more
Bangladesh grants 5% cash incentive for RMG sector
The Bangladesh readymade garments industry has received the highest cash incentive of 5 per cen... Read more
CCA to request for waiver of import tariffs on uncombed cotton
The China Cotton Association (CCA) will request the US government to waive off the import dutie... Read more
Pakistan may abolish zero rating on leather, garments and carpets
Pakistan plans to abolish zero-rating for exports of leather, surgical, sports goods and carpet... Read more
Bangladesh makes it mandatory for buying houses to register with DoT
Buying houses in the garment and textile sector of Bangladesh have to get themselves registered... Read more
Exporters in Pakistan want 60 days claims
Exporters in Pakistan want to be paid their sales tax claims in 60 days. They say their money i... Read more
NCTO & AAFA oppose new tariffs on Mexican exports
The National Council of Textile Organizations (NCTO) and American Apparel & Footwear Associ... Read more
Government, GST Council to address distress in the Indian export sector
The Central government and the Goods and Services Tax (GST) Council, will meet later this month... Read more
SIMA appeals for early release of pending TUFS subsidies
Southern India Mills’ Association (SIMA), the largest spinning mills association in the c... Read more
GST on textiles may be tweaked
GST on textile products may be reworked. The move is expected to help the sector be more compet... Read more
US ends GSP for India
The US has ended trade concessions for India under GSP. India calls the decision discriminatory... Read more
US suspends GSP for India
The US has suspended GSP benefits for India. The Generalized System of Preference (GSP) is the ... Read more
NACC urges EU to continue tariff-free access to Cambodian brands
In an open plea, National Union Alliance Chamber of Cambodia (NACC representing 400,000 Cambodi... Read more
Pakistan: Textile sectors reject move to discontinue zero-rated status
The value-added textile manufacturers and exports association in Pakistan has advised the gover... Read more
CITI advises caution on RCEP pact
Sanjay K Jain, Chairman, CITI has advised the Indian government to be cautious about the textil... Read more
India considering fast refunds
India is considering boosting exports by introducing fast refunds of central and state taxes an... Read more
VF Corp Q4 revenue up five per cent
VF Corp’s total revenue rose 5.5 per cent in the fourth quarter. Revenue from Vans, known... Read more
Philexport urges govt to revive law on local fabrics use
The Philippine Exporters Confederation (Philexport), has urged the government to revive a 2004 ... Read more
India: Apparel exporters seek more clarity on new tax rebate scheme
Pointing out that export business has significantly picked up after the announcement of rebate ... Read more
UK may impose compliance code on companies
UK multinational companies may come under pressure to follow fair and clean practices in their ... Read more
EU decision to withdraw preferential trade access to hurt Cambodia
The EU may withdraw preferential trade access to Cambodia over Cambodia’s human rights re... Read more
India: Rebates may replace MEIS
India may replace the Merchandise Export Incentive Scheme (MEIS) with the Rebate of State and C... Read more
India to seek deadline extension for GSP withdrawal
India is looking for an extension of the deadline US for withdrawal of export benefits to domes... Read more
India: Rebate scheme to replace MEIS for all textile products
India will extend the upgraded Rebate of State and Central Taxes and Levies scheme to all texti... Read more
No deal Brexit: UK exporters to face tariffs
In the event of a no-deal Brexit, the UK will impose tariffs on manufacturers and exporters. Al... Read more
Texprocil welcomes rebates on embedded taxes
The Cotton Textiles Export Promotion Council (Texprocil) has welcomed the cabinet’s appro... Read more