Increased investment in the non-cotton textile sector is important to propel Bangladesh’s move towards high-value garments, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) outgoing President Faruque Hassan said.Faruque high...

Exports of Pakistan’s textile sector showed marginal growth of 3% year-on-year in March, clocking in at $1.3 billion compared to $1.26 billion recorded in the same month of the previous year, showed provisional data released by the All-Pakist...

Bangladesh has surpassed the $100 billion mark in external debt for the first time, signifying a challenging path ahead amid foreign exchange shortages.
Media reports maintained this citing Bangladesh Bank’s latest data, as per which the t...

Chinese textile and garment entrepreneurs are increasingly becoming optimistic about Bangladesh’s position as a key supplier of apparel items, evidenced by a steady influx of orders from international clothing retailers and brands.
The inc...

In a strategic move to enhance India’s e-commerce exports, the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry has signed a memorandum of understanding (MoU) with global logistics leader DHL. This colla...

India’s textiles and garments exports have declined over the last five years by 7.6 per cent to $34.24 billion in calendar year 2023 from $37.16 billion in 2018, with China, the EU, Bangladesh and Vietnam dominating global garments trade, say...

A renowned platform bringing together Indian fashion and accessories brands, Sutraa aims to connect smaller labels with a wider customer base by organising its fairs to showcase ethnic wear across the country.
Following its successful fair i...

Aditya Birla Fashion and Retail Ltd (ABFRL) plans to separate the business of Madura Fashion & Lifestyle from its portfolio and spin it into an independent listed company.
The split will enable ABFRL to focus on its value retail, ethnic ...

Lee Cooper, the iconic denim brand, hosted an exclusive “No Shoe Party” in Mumbai to announce the launch of its flagship women footwear collection. Lee Cooper, a Reliance Retail brand announced its foray in the women footwear segment with ...

Intertek, a prominent provider of Total Quality Assurance to industries globally, is thrilled to announce the introduction of iCare in India. This digital platform, initially launched in Türkiye last November, serves as a comprehensive solutio...

After being hit by volatile cotton prices and muted export demand in the previous two financial years, India’s textile industry is expected to witness a rebound in revenues in the next financial year.
As per a report by CRISIL, the indust...

A state-of-the-art textile industry park aimed at addressing pollution challenges is set to come up near Ahmedabad.
Developed by Rupam Eco Green Textile Park, the Rs 500 crore facility will span 100 acres in Mahijadi village and incorporate ...

The President of the Northern India Manmade Fibre Manufacturers Association (NITMA), Sanjay Garg, applauded the Ministry of Textiles for implementing a Minimum Import Price (MIP) on synthetic knitted fabrics.
This move comes after consistent...

Taneira, a TATA product in collaboration with Central Silk Technology Research Institute (CSTRI) has been recognized by the Ministry of textile for being the first in the industry to set up standards of zari certification. In 2019, Taneira part...

The latest ITMF Global Textile Industry Survey, conducted in March 2024, reveals a cautious sense of optimism within the textile sector amidst persisting challenges. Despite a slight uptick in the business environment between November 2023 and ...

In a move aimed at tackling the influx of low-cost Chinese textile products, the government is gearing up to introduce new Quality Control Orders (QCOs) covering a range of textile items including technical, protective, and build-tech textiles....

In a move to incentivise innovation in the technical textiles sector, the Indian government is preparing a framework to grant exclusive intellectual property (IP) rights to industry and academia. The proposed guidelines aim to foster the devel...

The Prime Minister’s Office (PMO) has asked the commerce ministry to examine the model text of the bilateral investment treaty (BIT) and suggest modifications to further improve the ease of doing business, according to sources.
The exercis...

The bilateral trade between Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission said.Singapore is India’s eighth largest trade partner (2022-23), with...

India’s outward foreign direct investment (FDI) commitments witnessed a significant rise in February 2024, reaching USD 3.47 billion, as per the latest data released by the Reserve Bank of India (RBI).This surge marks a notable increase compa...

The Union Textiles Ministry plans to revamp testing infrastructure to tackle the issue of sub-standard textile exports and boost the country’s reputation on the global stage. Industry leaders have been raising concerns regarding the impact of...

Exporters from various sectors are urging for an exemption from a recent regulation mandating the settlement of outstanding invoices to micro and small enterprises within 45 days.
Represented by approximately 15 export promotion councils, in...

The Southern India Mills’ Association (SIMA) has warned that speculation is fuelling the current high cotton prices rather than market fundamentals.
SIMA has urged textile mills to rely solely on the cotton production estimates published p...

India’s apparel exports are expected to rebound in the upcoming fiscal year 2024-25, with growth projected at 8-9 per cent according to rating agency ICRA’s analysis.
This recovery will be led by anticipated demand for inventory replenis...

Walmart has announced a pilot project with unspun, the Oakland, California-based developer of Vega 3D weaving technology, which could help reduce the environmental impact of garment production
The microfactory of unspun promises to more quic...