Economy

Sales Of Chinese Spinning Machines Stable Between Jan & June

Textile Insights September 30, 2023

In the first six months of the current year, sales of Chinese spinning and related machinery were stable due to good demand from domestic spinning mills. According to data released by the China Textile Machinery Association (CTMA) in the first half of 2023, around 3,100 carding machines were

Corporates

Kitex Setting Up World’s Longest Integrated Textile Project

Textile Insights September 30, 2023

Kitex Group, the second largest global producer of babywear laid the foundation stone of its second fully integrated fibre-to-apparel production hub in Telangana, which will be the world’s longest integrated factory. The foundation stone for the second cluster is located in Seetharampur, Rangareddy and upon completion; it will stretch across 1.2 kilometers, set to

Technical Textile & Nonwoven

Ministry Launches QCO On Medical & Agro Textiles Products

Textile Insights September 30, 2023

Ministry of Textiles has launched Quality Control Orders (QCOs) for six products related to medical textiles and 20 products related to agro-textiles, which will come into force from April 1, 2024. Medical textiles QCO encompass a range of products include sanitary napkins, dental bib/napkins, disposable baby diaper, reusable sanitary pad/ sanitary napkin/ period panties

Apparel, Fashion, Retail

Garment Manufacturers Revenue May Rise 8-10% In FY’24

Textile Insights September 30, 2023

Revenue of Indian garment manufacturers is expected to increase by 8-10 percent in current fiscal on the back of healthy domestic demand and revival in exports. According to a CRISIL Ratings report, volume growth will be higher at 6-8 percent in the present fiscal, as against 3-5 percent in the previous fiscal. The report also […]

Export

Pak Textile Exports Slip 9.49% Between July & Aug

Textile Insights September 30, 2023

Pakistani textile exports slipped 9.49 percent year on year in the months between July and August 2023 to touch $2.76 billion as against $3.05 billion during the same months of earlier year. Textile exports for the month of August alone reached $1.45 billion, up 10.95 percent over July 2023, when it stood at $1.31 billion, […]

Technical Textile & Nonwoven

Ministry Approves 18 R&D Technical Textiles Projects

Textile Insights September 29, 2023

The Ministry of Textiles has approved a total of 18 R&D projects worth Rs 46.74 crore across different segments of technical textiles. “Industry and institute’s pro-active and robust engagement is essential for the indigenous development of technical textiles in India,” Textiles Minister Piyush Goyal said. Among these 18 R&D projects, 14 are high value projects,

Fibre

Chinese PSF Exports Surge 16% In August

Textile Insights September 29, 2023

Chinese polyester staple fibre (PSF) exports surged 16 percent year on year and 4.2 percent month on month in August 2023 to reach 101.6 kilo tons. Although the volume of PSF imports was very less when compared to exports, they expanded by 35 percent from a year ago period and 13.5 percent month on month […]

Export

US Will Consider Duty Free Access for Bangladesh Garments

Textile Insights September 29, 2023

At the seventh US-Bangladesh Trade Investment Cooperation Forum Agreement (TICFA) meeting held in Dhaka, the US said it will consider including Bangladesh’s garment exports in a new GSP programme. Apparel products included in the programme will have duty-free access to the US market as against 15 percent duty currently paid by Bangladeshi clothing exporters. The […]

Cotton

CCI Organises 7th Annual Cotton Day in Jakarta

Textile Insights September 29, 2023

Nearly 400 Indonesian textile industry stakeholders attended the 7th annual Cotton Day in Jakarta, an event hosted by Cotton Council International (CCI) to celebrate the importance of US cotton to Indonesian mills and expand its usage. “The journey to a smart cotton future starts with US cotton fibre. US cotton’s sustainability, quality, transparency and innovation, […]

Sustainability

Sustainable Apparel Coalition Inks MoU With IAF

Textile Insights September 29, 2023

The Sustainable Apparel Coalition (SAC), has signed a Memorandum of Understanding (MoU), outlining a strategic collaboration with the International Apparel Federation (IAF). This collaboration aims to advance a shared vision for equitable and sustainable global supply chains for the apparel and fashion industry. The two organisations come together with the shared belief