Export

Sri Lankan Apparel Exports Plunge 26% in Jan-Sept Period

Textile Insights November 4, 2023

The garment industry which accounts for around 45 percent of Sri Lanka’s export earnings saw apparel exports plunge 26 percent over a year ago period in the first nine months of the current year. Between January and September 2023, Sri Lankan clothing exports slipped to $3.34 billion, down 26

Cotton

Pakistan Cotton Arrivals Higher By 82% Till October 31

Textile Insights November 4, 2023

Cotton arrivals in Pakistan ginning factories till October 31 were 82 percent higher than the production of the cotton crop for the same period in the previous season. Data released by the Pakistan Cotton Ginners Association (PCGA) revealed that around 6.8 million cotton bales arrived at the ginning factories till Oct 31 percent, which is […]

Special Report

GDP Contribution Of Indian Textiles To Almost Double By 2030

Textile Insights November 4, 2023

A recently released report states that the contribution of the Indian textile industry will almost double from the current 2.3 percent to 5 percent by 2020. The report titled ‘Decadal Outlook for Textile Industry’ was jointly prepared by the Confederation of Indian Industry and Primus Partners. The report further said that Gross Value Added (GVA) […]

Machinery

Swiss Machinery Firms Focus On Sustainability At ITMA Asia

Textile Insights November 4, 2023

15 Swiss textile machinery companies are showcasing their latest, innovative and more important, sustainable technologies at the upcoming ITMA Asia. “In China, the textile industry is forward-looking and resilient, with a healthy appetite for new technologies and a determination to keep its leading position,” Swiss Textile Machinery Association (Swissmem) said in a press

Policies

PLI Scheme For Textiles Extended Till December 31

Textile Insights November 3, 2023

In view of the requests from textile industry stakeholders’, the Ministry of Textiles has decided to extend the date of inviting fresh applications under the PLI Scheme up to December 31, 2023. Earlier the Ministry had extended the period for inviting fresh applications from the textile industry till August 31, 2023 and then to October […]

Export

Canadian Apparel Imports Down 7.8% between Jan & Aug

Textile Insights November 3, 2023

In the first eight months of the current year, Canadian garment imports amounted to US $8.11 billion, down 7.8 percent from a year ago period Imports from China were $2.42 billion, a year over year decline of 11.6 percent, while accounting for 29.9 percent of overall apparel imports. Between January and August this year, imports […]

Cotton

Brazil Seeks 100,000 Tons Duty Free Cotton Exports To India

Textile Insights November 3, 2023

A team of Brazilian government officials and cotton farmers is visiting India to request and negotiate a 100,000 metric tons import duty free quota of Brazilian cotton to India. This was informed in a statement released by the Brazilian Cotton Farmers Association (ABRAPA) earlier this week. ABRAPA added in the statement that the visit would […]

Cotton

Better Cotton Unveils First-Of-Its-Kind Traceability Solution

Textile Insights November 3, 2023

Better Cotton, the world’s largest cotton sustainability initiative launched a first-of-its-kind traceability solution for the fashion and textile sectors. The solution has been developed over three years and will provide visibility of cotton’s journey through the supply chain by logging stakeholder input on the Better Cotton Platform. The organisation has worked closely

Industry

Bangladesh Garment Factories Shut Following Violent Protests

Textile Insights November 3, 2023

Hundreds of Bangladeshi garment factories stayed closed on Thursday following protests and violence by garment industry workers who are demanding a higher minimum wage. Sources said that around 50 apparel manufacturing factories were vandalised by workers on the outskirts of Dhaka, following which hundreds of factories shut their doors. Thousands of apparel sector workers

Export

Oct Pak Textile Exports Post Growth First Time This Year

Textile Insights November 3, 2023

Pakistani textile exports reported a growth for the first time this year in October 2023, after nine months of decline in the current year. “Overseas shipments of textiles grew 5 percent in October 2023 to US $1.43 billion when compared with October 2022,” data released by All Pakistan Textile Mills Association (APTMA) informed. However, textile […]