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
India rejects the RCEP deal, textile industry hails decision
"Industry, traders and farmers in India have appreciated the government's decision not to join RCEP deal. Union commerce and industry minister Piyush Goyal termed the deal against India's economic interests and national priorities. “We have consistently upholded our demands particularly over-controlling trade def... Read more
Pakistan needs to evaluate policies while vying for top slot in global…
"The war for the best apparel maker crown is getting hotter with Pakistan joining the race alongside Vietnam, Cambodia, India, Bangladesh. However, as the country aspires to reach the top, it first needs to check the availability of a suitable product category, materials required, labor cost and skill, workers’ r... Read more
New challenges await Bangladesh as it gears up for LDC status
"Year 2024 will prove to be a milestone for Bangladesh as the country will graduate from being a Least Developed Country to a developing country. This will bring along a number of new challenges particularly its impact on the readymade garments industry. The industry will have to address issues like: How RMG entreprene... Read more
Indian apparel exports to stabilise in FY20 despite odds
"Credit rating agency ICRA’s latest research suggests, Indian apparel exports will continue to grow for the rest of the year, however the pace of growth will slow down as multiple challenges looming on the horizon, are a challenge for exporters to meet targets. Reviving after two consecutive years of decline... 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
India to restrict textile and clothing imports from Bangladesh
Indian government is exploring avenue to contain the imports of textile and clothing from Bangl... Read more
Various investor friendly initiatives in the Budget to help India’s textile…
Among the investor friendly initiatives taken in the budget are abolishing the dividend distrib... Read more
CMAI welcomes Union Budget 2020-2021
The Clothing Manufacturers Association of India (CMAI) has welcomed the Union Budget presented ... Read more
Cambodia may lose EU trade privileges
Cambodia may soon lose its tariff-free access to Europe. Less than two weeks remain until the E... Read more
EU’s tax concessions to Sri Lanka to continue
Following a meeting with Thorsten Bargfrede, Head of Political, Trade and Communications Sectio... Read more
Pakistan’s APTMA opposes more charges for electricity
All Pakistan Textile Mills Association (APTMA) has opposed Pakistan government’s decision... Read more
Ireland to reduce plastic and fast fashion waste
Ireland has formulated a ‘radical’ new strategy to focus on reducing plastic packag... Read more
Solapur garment makers urge government for a new textile policy
The Solapur Garment Manufacturers Association (SGMA) recently urged the Union government to fra... Read more
Maharashtra powerlooms units get state government subsidy
Powerlooms, spinning mills, and garment units in Maharashtra get a power subsidy. The release o... Read more
India looks to formulate a new 10 year textile policy
India’s new textile policy will envisage positioning the country as a fully integrated, g... Read more
Government announces new scheme to strengthen textile value chain
The Union government has announced a ‘Scheme for Assistance to Strengthen Specific Sector... Read more
US and China reach tariff agreement
The first phase of the Sino-US trade agreement has been greatly helpful for the textile and app... Read more
Schemes for Indian exporters yet to yield benefits
Garment and made-up exporters in India have yet to avail of benefits under the Merchandise Expo... Read more
Philippines to upgrade industry
The Philippines has prepared a roadmap for the garment and textile industry. The plan covers t... Read more
US amends the USMCA deal
The US government has strengthened labor, environmental, pharmaceutical and enforcement provisi... Read more
MEIS withdrawal scheme creates negative impact on export units
In a letter issued to the union finance ministry A Sakthivel, Vice-Chairman, Apparel Export Pro... Read more
Textile Ministry to form technical advisory cell for anti-dumping duty
The textile commissioner’s office will soon form of a technical advisory cell for the ant... Read more
Textile park scheme makes slow progress
The progress of textile parks, under the Scheme for Integrated Textile Parks (SITP), has been m... Read more
US imposes duty on imports of polyester textured yarn
The US has imposed duty on imports of polyester textured yarn from China and India. This follow... Read more
Samarth aims at imparting skills
Textile industry’s initiative Samarth has the broad objective of skilling youth for gainf... Read more
Tariffs unsettle US fashion apparel
The tariffs on Chinese imports continue to unsettle the fashion apparel industry in the US. The... Read more
HEWA seeks Prime Minister’s intervention on release of RoSCTL dues
The Home Textile Exporters’ Welfare Association (HEWA) has sought Prime Minister Modi&rsq... Read more
Philippines clothing exports down six per cent
Clothing exports from the Philippines in Q3 declined over six per cent compared to the same per... Read more
Indonesia curbs textile imports
Indonesia is tightening restrictions on textile imports. Restriction is aimed at protecting dom... Read more
Pakistan at work on a new textile policy
Pakistan is framing a long term and comprehensive textile policy. The aim is to increase Pakist... Read more
NCTO to launch its new blog for textile development
The National Council of Textile Organizations (NCTO), represents its full spectrum of U.S. text... Read more
WTO overrules Indian subsidies
The World Trade Organisation (WTO) has ruled against at least five of India’s export prom... Read more
India objects to RCEP origin rules
India has raised objections to the proposed Regional Comprehensive Economic Partnership (RCEP) ... Read more
Karnataka identifies thrust sectors in textile industry
Karnataka’s new textile and garment policy has identified five thrust sectors: spinning, ... Read more