The US-China trade war intensified recently with the Trump administration banning cotton imports from the sprawling Chinese quasi-military organization, Xinjiang Production and Construction Corps (XPCC).
As per a report, the XPCC produces more than 2/3 of China’s cotton. In 2019, the organization expor... Read more
At International Textile Manufacturers Federation’s (ITMF) Hybrid ITMF Annual Conference 2020 held on October 22, 2020, the Committee of Management of the Federation elected new board members for 2020-22. Ruizhe Sun, President, China National Textile and Apparel Council (CNTAC), was elected the new pres... Read more
A new report by the RGE Group underlines its commitment to invest $200 million in next-generation textile fiber innovation and technology over a 10-year period. Released a week before the annual Textile Exchange Sustainability Conference, the report advances RGE’s ambition to develop a closed loop, circ... Read more
Although colored cotton is not new to India, the Indian Council for Agricultural Research (ICAR) through its All India Coordinated Research Project (AICRP) on Cotton plans to commercially release colored cotton by 2021.
Five colored cotton lines on the anvil
Under AICRP, ICAR will release four to five color... Read more
Focus on the value added MMF segment, technical textiles and manufacturing of indigenous textile machines, urged Ravi Capoor, IAS, Secretary, Ministry of Textiles at the 62nd Annual General Meeting (AGM) of Confederation of Indian Textile Industry (CITI) held in New Delhi on September 30, 2020. The meeting wa... Read more
Constrained by a slowdown in global economies and growing trade uncertainties, the International Monetary Fund revised its economic outlook in July 2018 from 3.9 per cent to just 2.9 per cent in January 2020. As per Textile Network, the IMF report cites weakening of large emerging markets and geopolitic... Read more
With COVID-19 causing significant cracks in its blooming economy, India needs to reexamine its approach to trade, especially its import of textiles and relics from China, wrote acclaimed fashion designer Ritu Kumar who owns a bespoke label in a recent article ‘How Chinese imports are destroying our trad... Read more
At its recent meeting, Cotton Association of India (CAI) increased its cotton production estimates for the 2019-20 season by 19 lakh (1.9 million) bales to 354.50 lakh (35.45 million) bales of 170 kg each. The committee increased its production estimate for the North zone by 3 lakh (0.3 million) bales, Centra... Read more
The 14th USDA Cotton and Wool Outlook predict global cotton production in 2020-21 will decline to a four-year low of 116.2 million bales. This is also 5.5 per cent decline from production in previous year. In 2020-21, the area under cotton cultivation is also forecasted to decline by 6 per cent to 33.0 millio... Read more
Eco-friendly fashion is the new buzzword as high street fashion brands like Zara, H&M are launching sustainable collections with aspirational names like C&A's ‘Wear the Change’, Zara's ‘join life’ or H&M's ‘Conscious’. Capitalizing on the consumers’ ... Read more
Uzbekistan has initiated one of its most ambitious privatization projects in the cotton sector in its post-Soviet history. The Central Asian republic aims to handover its state-managed cotton sector to local corporate operators and foreign investors. Through privatization, the government aims to upgrade its g... Read more