Industry

$11mn Deal With US To Bolster Kenyan Textile & Apparel Sector

Textile Insights April 27, 2024

Kenya has signed an $11 million deal with the United States facilitated by USAID to boost its textile and apparel exports, Kenyan President William Ruto announced. According to the President, the investment would expand the country’s fashion industry, grow its apparel manufacturing base and

Fibre

Lenzing Will Present Young Scientist Award At Dornbin GFC

Textile Insights April 27, 2024

Supplier of regenerated cellulose fibres, Lenzing will present the Lenzing Young Scientist Award at the Dornbin Global Fiber Congress (GFC) which will be held from September 11-13, 2024. The award will be given to bachelor and master students who are working on innovative solutions to resolve ecological challenges in the fibre and textile industry. “The […]

Fabric

RIL Organises R|Elan ‘Fabric Innovation Meet’ In Bhiwandi

Textile Insights April 27, 2024

Reliance Industries’ fabric brand, R|Elan recently hosted its ‘Fabric Innovation Meet’ in Bhiwandi, Maharashtra, which was attended by over 100 fabric manufacturers, designers, and trade dignitaries. The highlight of this collaboration was the unveiling of R|Elan fabric innovations, meticulously crafted to meet the dynamic needs of today’s consumers. “Featuring a

Economy

Visitor Numbers Increase 29% At Techtextil And Texprocess

Textile Insights April 27, 2024

The recently concluded Techtextil and Texprocess witnessed visits from 38,000 buyers from 102 countries, up 29 percent over the previous edition. The two exhibitions also saw participation of 1,700 exhibitors from 53 countries and the density of forward-looking textile solutions that are transforming the industry was particularly noticeable. “The top visitor nations were

Event

CITI Team Visits Techtextil To Promote Ties With Switzerland

Textile Insights April 27, 2024

A CEO delegation from the Confederation of Indian Textile Industry (CITI) visited Techtextil 2024 to promote business opportunities with Switzerland arising from the recently signed EFTA agreement. India had recently signed a Trade and Economic Partnership Agreement with the European Free Trade Association (EFTA) countries, which includes Iceland, Liechtenstein, Norway,

Industry

China Shows Interest in Setting up $300mn Egypt Textile City

Textile Insights April 26, 2024

A delegation made up of representatives from the Chinese textile and apparel industry has expressed interest in establishing a vertically integrated textile city in Egypt at an investment of US $300 million. This announcement came after a meeting between Chairman of the General Authority for Investment and Free Zones, Hossam Heiba, and Chairman of the […]

Cotton

India To Launch Revamped Cotton Technology Mission

Textile Insights April 26, 2024

The Union Textiles Ministry is gearing up to launch a revamped Cotton Technology Mission aimed at improving the quality and output of India’s cotton by adopting best practices. “The goal is to position India as a prime destination for textile sourcing and foreign investment,” two people aware of the matter said. “This mission is designed […]

Industry

Depreciating Currency Adds To Woes Of Indonesian Textile Sector

Textile Insights April 26, 2024

To add to already existing woes of the Indonesian textile industry, the Indonesian currency Rupiah (IDR) is depreciating constantly against the US dollar. According to Refinitiv data, the IDR was quoted at 16,187 against one US dollar on April 26, 2024 as against IDR 14,929 per dollar on April 26, 2023, down by 8.42 percent […]

Export

Chinese Garment Exports Up 1.1% In First Quarter Of 2024

Textile Insights April 26, 2024

In the first quarter of 2024, China’s exports of apparels totalled US $33.82 billion, a year-on-year increase of 1.1 percent. “While, garment exports in March 2024 amounted to $10.43 billion, down 17.9 percent from a year ago month,” data from Chinese Customs informed However, when compared with March 2019, the year before the Covid-19 pandemic […]

Industry

TextileGenesis & Eon Collaborate On Digital Product Passports

Textile Insights April 26, 2024

TextileGenesis, a platform which ensures material traceability for the textile and garment sector has collaborated with Eon to create comprehensive Digital Product Passports (DPPs). Eon offers product digitisation, enabling retail brands to turn products into traceable, valuable assets through the creation of Digital IDs. “This collaboration will enable brands to create