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
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
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
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
"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
"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
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
"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
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
"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
"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
"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
The European Parliament has taken a significant step in addressing the unregulated and detrim... Read more
The US Fashion Industry Association (USFIA) has joined other retail and fashion industry groups... Read more
Making Textile and Textile Product (TPT) industry, is one of priority areas in the Making Indon... Read more
Indian garment exports are not likely to get much boost from the new additional arrangements fo... Read more
The Scheme for Rebate of State and Central Taxes and Levies (RoSCTL) has been extended till Mar... Read more
The Southern India Mills Association (SIMA) has welcomed the RBI announcement on the internatio... Read more
Praising the Goods and Services Tax Council’s decision to poste GST hike ... Read more
The incentive under the Production Linked Incentive scheme will be pa... Read more
Uniform goods and services (GST) tax will be applied at 12 per cent on manmade ... Read more
Out of the total settlements under the Amended Technology Upgradation Fund Scheme (ATUFS) since... Read more
The West Bengal government aims to make the state’s textile industry into a Rs 70,000 cro... Read more
The Apparel Export Promotion Council (AEPC) has urged the government to simplif... Read more
According to T Rajkumar, Chairman, Confederation of Indian Textile Industry (CI... Read more
Textiles minister Smriti Zubin Irani says textile ministry has designed a polic... Read more
As per a report by the Kohan Textile Journal, Kenya Bureau of Standards (KBES) ... Read more
The Confederation of Indian Textile Industry (CITI), along with other industry ... Read more
The Directorate General of Foreign Trade (DGFT) has amended the export policy f... Read more
The Cambodian Footwear Association (CFA) has appealed to the European Commissio... Read more
In a big win for PPE manufacturers, the Directorate General of Foreign Trade (D... Read more
India has initiated an anti-subsidy investigation for imposition of countervailing duty (CVD) o... Read more
CMAI has urged the government to consider extending measures, which were given to the MSMEs in ... Read more
Textile industry and micro, small and medium-scale enterprises (MSMEs) in Coimbatore and Tirupp... Read more
Robert M Young, the trustee of The Philippine Exporters Confederation (Philexport) has revealed... Read more
Indonesian Filament and Fiber Producers Association (APSyFI) and the Indonesian Textile Associa... Read more
AEPC has sought a two-year extension of the interest equalisation scheme that expired last mont... Read more
To ease the pressure a leading medical exporter China has decided to ensure supervisions and st... Read more
The Ministry of Commerce (MOC) recently revealed that China will launch an online shopping fest... Read more
Bangladesh will sue factory owners that do not pay their staff during the lockdown, with thousa... Read more
Haiti has decided to reopen its textile factories from April 20. The poorest country in the wes... Read more
The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) and Pakistan H... Read more
Regulations giving effect to the government’s commitment to assist ailing industries and ... Read more
The American Apparel and Footwear Association (AAFA) has welcomed US Senate approval of a S$2 t... Read more
The EU has three different GSP schemes for beneficiary countries: General GSP, GSP+ and Everyth... Read more
Indonesia plans to relax restrictions on importing goods as one of its fiscal measures to comba... Read more
India has removed the anti-dumping duty on Purified Terephthalic Acid (PTA), a key raw material... Read more
India has put forth a mechanism for reimbursement of all taxes or duties or levies that are cur... Read more
The current economic slowdown and impact of coronavirus has compelled the GST Council to defer ... Read more
At a recent multi-sectoral meeting chaired by Sri Lankan Prime Minister Mahindra Rajapaksa, Joi... Read more
At its upcoming meeting, the GST Council plans to address the tax rates for sectors including t... Read more
The European textiles and clothing sector cares about circularity of its products; for several ... Read more
The National Council of Textile Organizations (NCTO), representing the full spectrum US textile... Read more
A Northern India Textile Mills’ Association (Nitma) delegation recently met Ravi Capoor, ... Read more
India’s withdrawal of the anti-dumping duty on purified terephthalic acid (PTA) would fur... Read more
The EU has decided to withdraw one-fifth of the Everything But Arms (EBA) for Cambodia covering... Read more
India’s new national textile policy will be out in a few months. The target will be to ad... Read more
Bangladesh hopes to gain from the suspension of the European GSP facility to Cambodia. Post GSP... Read more
UK retail is reeling from the affects of Chinese Coronavirus. Delays in product deliveries will... Read more
The Tiruppur Export Association (TEA) has welcomed the Budget allocation of Rs 1,224 crore to t... Read more
K V Srinivasan, Chairman of the Cotton Textiles Export Promotion Council (TEXPROCIL) has apprec... Read more
The Bangladesh government has stated that garments made with cotton produced from the US should... Read more
"Uncertainty prevails in Great Britain as the country exited from the European Union. Though ne... Read more