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India needs to adopt a cautious approach to RCEP

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

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…

Pakistan needs to evaluate policies while vying for top slot in global textile market

"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

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

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

US-China trade war an opportunity for India to increase global trade: …

US-China trade war an opportunity for India to increase global trade: Study

"A new research report by DBS Bank’s economist Radhika Rao, says the US-China trade conflict is a golden opportunity for India to increase its trade footprint particularly in categories on which Washington has imposed tariffs on Beijing. The report lists various ways the trade war can benefit India." A new res... Read more

India: Boost synthetics, low duties, compliance to revive textile indu…

India: Boost synthetics, low duties, compliance to revive textile industry

"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…

Trade war could boost India’s position in apparel, fashion segment globally

"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

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…

Budget 2019-20: Textiles allocation reduced, FDI norms for single brand retail relaxed

"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 …

NCTO recommends strong policies, FTAs, improved infrastructure for US textile growth

"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

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

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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

Government to amend the MSME Act

The government plans to amend the Micro, Small & Medium Enterprises Development Act to allo... Read more

Indian textile units ask for liquidity support

Indian textile units have asked for liquidity support and a one or two year moratorium. Other i... Read more

Bangladesh reduces source tax on exports to boost garment sector

Bangladesh has reduced the source tax on export proceeds for all sectors from 1.0 per cent to 0... Read more

India to ease debt repayment for textiles makers

India may extend the two-year moratorium for debt repayments by textile units. While steps have... Read more

APTMA seeks elimination of change in tax refund mechanism

All Pakistan Textile Mills Association (APTMA) in its letter to Razzak Dawood, Adviser to Prime... Read more

Myanmar to set up textile-garment zones in Yangon, Mandalay

The Ministry of Industry of Mynamar plans to set up special zones for textiles and garments in ... Read more

Bangladesh to finalise list of products for duty free access to Indonesia

Under the proposed Preferential Trade Agreement (PTA), the Bangladesh government will finalise ... Read more

Karnataka textile policy fails to achieve intended target

As per the Comptroller and Auditor General of India, the Karnataka textile policy 2013-18 faile... Read more

Government plans apparel cluster and park in Noida

The Union Ministry for Textile and Women and Child Development plans to develop an apparel clus... Read more

India hopes US reinstates GSP

India wants the US to resume trade concessions under GSP.The US terminated India's designation ... Read more

India’s textile industry suggests GST revision

The textile industry in India wants a cut in GST.It is felt a GST cut across the value chain fr... Read more

US fashion brands struggle with tariffs

Tariffs on goods imported from China have been devastating to small fashion brands in the US.Th... Read more

Apparel exporters applaud Centre’s move to continue MEIS till Dec 2019

Apparel exporters have applauded the central government’s decision to continue the Mercha... Read more

ITF discusses measures to revive the textile sector

Prabhu Dhamodharan, Convenor of Indian Texpreneurs Federation (ITF) met Union finance minister ... Read more

Rebate scheme replaces MEIS for Indian exporters

The Merchandise Exports from India Scheme (MEIS) was introduced to benefit exporters. The inten... Read more

US apparel companies wanting to invest in India support an FTA

American clothing companies are scouting for greater investment opportunities in India. They ar... Read more

TEA appeals to Union Textiles Ministry to resolve Tirupur knitwear issues

Tirupur Exporters’ Association (TEA) had appealed to the Union Textiles Secretary to the ... Read more

US tariffs on Chinese imports come into force

More than 90 per cent of Chinese apparel imports into the US will be hit with 15 per cent tarif... Read more

Pak yarn merchants oppose increase in withholding tax

As clarified by the Federal Board of Revenue (FBR), Pakistan Yarn Merchants Association (Sind &... Read more

USTO to implement additional 5 per cent duty on Chinese products

The United States Trade Organisation (USTO) has confirmed that an additional duty of 5 per cent... Read more

India's new FDI rules to attract more luxury brands

As per the new FDI rules, India will allow single brand companies to start online sales even be... Read more

CMAI welcomes new FDI rules but worries about affects on domestic brands

The Clothing Manufacturers Association of India (CMAI) welcomes the changes made in the FDI rul... Read more

Indian yarn may get export incentives

India may devise a new export incentive scheme especially for the yarn and fabric sector. Expor... Read more

G7 Fashion Deal to set up fashion transparency framework: Clean Clothes Cam…

Clean Clothes Campaign has welcomed the G7 Fashion Deal for sustainably produced textiles. The ... Read more

Indonesia to tax Chinese textile imports

Indonesia will impose a tariff of 2.5 per cent to 18 per cent on imported textile products. The... Read more

Zimbabwe revises clothing rebates

Zimbabwe is plugging loopholes in the grant of rebates to clothing manufacturers. Some players ... Read more

India launches measures for small units

The government has announced measures to infuse confidence in small and medium units in the gar... Read more

India’s powerloom weavers want release of tax credit

The small and medium sector will receive GST refunds within 30 days. However, powerloom weavers... Read more

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