India's recent move to impose a minimum import price (MIP) of $3.50 per kilogram on specific synthetic knitted fabrics from China has sparked debate within the textile industry. This policy follows earlier restrictions on fibre and yarn imports under Quality Control Orders (QCO)/Bureau of Indian Standards (... Read more
China's dominance in the global yarn market was reaffirmed recently by the Shanghai Yarn Expo, which drew international participation from March 6 to 8. However, the post-Covid era has brought significant changes to the industry, presenting both challenges and opportunities. Challenges for China Rising co... Read more
While India and Bangladesh launched rupee-based trade in June 2023 to reduce dependence on the US dollar, the initiative faces an uphill battle. With a turnover of just $0.46 million in nearly seven months, the program suffers from several challenges. Current challenges Dollar dominance: The global domina... Read more
The Wazir Advisors, a leading financial advisory firm, released its latest textile and apparel sector performance report. The report, based on the Wazir Textile Index (WTI) and Wazir Apparel Index (WAI), reveals a mixed bag for the industry in the first nine months of FY24 (April-December 2023). Textile se... Read more
Pakistani textile manufacturers left their mark at the recently concluded Yarn Expo 2024, held in Shanghai from March 6th to 8th, showcasing their prowess in yarn production and innovation. The event served as a platform to showcase the country's prowess in yarn production and explore new business opportuni... Read more
The recent show ‘The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) 24’ sent a clear message: Vietnam's textile and apparel industry is a force to be reckoned with. The expo's success highlights a complex relationship between Vietnam and China, a story of... Read more
The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, has shown promising results for Cambodia in its first year. Its total trade with RCEP members reached nearly $30 billion, with exports growing by 28 per cent and imports falling by 13 per cent. However, the sto... Read more
The American textile industry, once a titan of global manufacturing, has faced numerous challenges in recent decades. After enduring the blows of trade agreements like NAFTA, it appeared to be on the path to revival. However, a new threat has emerged, not in the form of sweeping trade deals, but rather a se... Read more
The Indian textiles and clothing industry, primarily reliant on domestically grown cotton, faces a tumultuous period marked by surmounting challenges. Despite grappling with issues like high capital costs, tariff barriers, and soaring power expenses, the sector traditionally leveraged competitive domestic c... Read more
The US apparel industry is undergoing a significant paradigm shift, driven by evolving consumer preferences, changing global dynamics, and technological advancements. Gone are the days of solely relying on low-cost, mass-produced garments from traditional suppliers like China. Consumers are demanding more, ... Read more
The latest Economic Experts Survey paints a concerning picture for the global economy, with a significant risk of recession looming by the end of 2024. While experts remain cautiously optimistic overall, the potential impact on the textile and apparel industry is particularly worrisome. The World Trade Orga... Read more
China's domestic apparel market is poised for recover in 2024. With Government polici... Read more
A cornerstone of Pakistan's economy, the textile sector has faced a slight setback wi... Read more
In a pioneering move within the textile industry, the Lenzing Group has unveiled its ... Read more
The Indian government has set an ambitious target of achieving $10 billion in technic... Read more
Analysis of data from the US Office of Textiles and Apparel (OTEXA) indicates, Hondur... Read more
In Q2 of fiscal year 2024, Pakistan's Textile Composite sector witnessed a steep 57.8... Read more
The global sports apparel market is poised to reach $75.6 billion by 2027, growing at... Read more
Bangladesh's Ready-Made Garment (RMG) exports surged by 13.93 per cent Y-o-Y to $4.49... Read more
Omer Bolat, Minister of Commerce, Turkey, says, textile and raw materials exports fro... Read more
In a resolute stance against the staggering 223 percent rise in gas tariff over the p... Read more
All Pakistan Textile Mills Association (APTMA) has warned the Special Investment Faci... Read more
Marking the third consecutive month of year-on-year increase, Pakistan's textile expo... Read more
Currently valued at $425.5 billion in 2022, the global activewear market is expected ... Read more
In February, Indian cotton exports are poised to reach the highest level in two years... Read more
Recent data from the Cotton This Month report has revealed a remarkable upswing in co... Read more
Having surged to a staggering $863 billion in 2023, the global women's apparel market... Read more
Cambodia's textiles and apparel (T&A) exports declined by 13.3 per cent to $11.1 ... Read more
In a significant move to mark the Lunar New Year, three prominent Chinese fashion con... Read more
Rebounding notably, the comprehensive prosperity index for the China’s textile ... Read more
Growing at a CAGR of 5.7 per cent, the global technical textile market is poised to r... Read more
India’s textile leaders are urging the Central Government to establish a minimu... Read more
In 2023, China’s cotton yarn imports from Pakistan surged by 46.7 per cent to a... Read more
The International Cotton Advisory Committee's (ICAC) Task Force on Commercial Standar... Read more
Lindstrom India, a key player in textile rental services and a subsidiary of Lindstr&... Read more
The global yoga clothing market is poised to reach $70,291.0 million by 2030, e... Read more
In January, India witnessed an 11 per cent surge in its RMG exports to $11.57 b... Read more
In December 2023, Turkey’s exports of nonwoven fabrics decreased by 84.1 per ce... Read more
Affirming its projections, the Cotton Association of India (CAI) in January 2024, mai... Read more
Valued at $480,991.8 million in 2019, the global plus size clothing market is project... Read more
Propelled by Flipkart’s stellar performance during its annual Big Billion Days ... Read more
Bangladesh's textile industry is experiencing mixed fortunes, with knitwear exports e... Read more
The Philippine garment industry faces a challenging year ahead, with revenues expecte... Read more
Spinnova, the sustainable textile material company, made a striking return to the pre... Read more
Effective February 20th, 2024, the Indian government eliminated import duties and AID... Read more
Despite a 22 per cent decline in imports from July to December 2023 compared to the s... Read more
Driven by a surge in demand for personalised products, rapid technological advancemen... Read more
Tamil Nadu, long a powerhouse in India's textile industry, has faced challenges maint... Read more
The latest report from the Economics Department of ACIMIT reveals a stable performanc... Read more
Pakistan’s textile and clothing (T&C) exports grew for the second consecuti... Read more
In January 2024, India’s textiles exports declined by-1.18 per cent compared to... Read more
Sympatex, the forefront supplier of sustainable high-tech functional materials, is se... Read more
The Lenzing Group, a prominent global producer of regenerated cellulosic fibers, has ... Read more
In 2023, US’ total apparel imports plummeted by 22 per cent to reach $77.8 bill... Read more
Globe Textiles India Limited (GTIL), a prominent figure in the textile sector known f... Read more
Despite a 10 per cent drop in exports compared to 2022, Brazil managed to retain its ... Read more
Marking a second consecutive month of decline, export of women's hosiery items ... Read more
Global economic slowdown combined with local production hurdles led to over 25 per ce... Read more
Leading Vietnamese fashion brand, Canifa, has seen a remarkable 54 per cent jump in a... Read more
SP Apparels (SPAL), a prominent player in the apparel manufacturing and export indust... Read more
In January 2024, the latest ITMF Global Textile Industry Survey (GTIS) revealed a not... Read more
After a challenging 2023 due to global economic slowdown, textile machinery sales in ... Read more