Export

Vietnamese Textile & Apparel Exports Grow 9.62% In Jan-March

Textile Insights April 4, 2024

In the first quarter of 2024, exports from the Vietnamese textile and garment industry reached US $9.53 billion, an increase of 9.62 percent over the same period of previous year. The industry has set a target of reaching $44 billion in textile and apparel exports, up 9 percent compared to 2023

Cotton

Cotton Area In Brazil’s Biggest Cotton Producing State Up 16.8%

Textile Insights April 4, 2024

Cotton acreage in Mato Grosso, the biggest cotton producing state in Brazil has been projected at 1.41 million hectares in the 2023-24 cotton season, up 16.84 percent compared to the earlier season. “This increase was driven by the fibre’s greater competitiveness in relation to other crops, especially corn,” Mato Grosso Institute of Agricultural Economics said […]

Export

Indian Clothing Exports Expected To Rebound In Current Fiscal

Textile Insights April 4, 2024

Indian clothing exports are anticipated to rebound in fiscal 2024-25 at around 8-9 percent led by expected demand from inventory replenishment by brands and retailers in key markets of the US and EU. “After a sluggish fiscal 2023-24 impacted by high inventory levels, apparel exports are expect to touch Rs 28,150 crore in the ongoing […]

Machinery

50 Italian Textile Machinery Companies Exhibiting At Techtextil

Textile Insights April 4, 2024

Over 50 Italian textile machinery companies will exhibit at Techtextil Frankfurt which will be held from April 23 to 26 in Germany. Among them, 30 will be present at the Italian Pavilion organised by the Italian Trade Agency and ACIMIT in Hall 12.0, Stall A06 and B11. Companies exhibiting in the Pavilion include Aeris, Bematic, […]

Event

Ludhiana Seminar On Development Of Capital Goods Sector

Textile Insights April 3, 2024

ITAMMA recently organised an event in Ludhiana as part of its pan-India seminars on the topic of ‘Development of Capital Goods Sector’. Charanjiv Singh, General Secretary of Knitwear & Textile Club spoke about the vibrant Ludhiana hosiery and knitwear industry, highlighting its profound history and role in driving the region’s economy. He pointed out how […]

Export

Pakistan Textile Exports Inch Up 3% In February 2024

Textile Insights April 3, 2024

Pakistani textile exports reported an increase of 3 percent in March 2024 to total US $1.3 billion as against $1.26 billion posted in the same month of the earlier year. Textile exports dropped in March 2024 by around 8 percent month on month from $1.41 billion in February 2024. “This is the fourth successive month […]

Industry

Euratex Launches Upskilling & Reksilling Initiative

Textile Insights April 3, 2024

European Textile And Apparel Association (Euratex) has launched an initiative to promote upskilling and reskilling in the textiles, clothing, leather and footwear (TCLF) industries named ‘TCLF SkillBridge’. In the context of the EU TCLF Pact for Skills, Euratex will work together with CEC and COTANCE to support the creation of regional partnerships in the area […]

Machinery

Redwave Tex Identifies & Sorts Apparels For Recycling

Textile Insights April 3, 2024

Redwave will showcase its latest sorting technology Redwave Tex, a new sorting solution designed to identify and sort textiles at IFAT 2024. “Redwave Tex sort’s materials on predefined parameters and can handle sorting whole garments for reuse and sorting shredded textiles for recycling,” a press release from the Austrian company said. Redwave Tex’s sensor technology

Industry

Bangladesh Apparel Factories Have Gender Pay Gap Of 30%

Textile Insights April 3, 2024

Bangladesh’s apparel manufacturing factories have a gender pay gap of up to 30 percent in base wages, which is in favour of men. This was revealed in a study report titled ‘Gender pay gaps in global supply chains: Findings from workplaces in Bangladesh, Colombia, Morocco, Thailand and Turkey.’ The study found that the garment factories […]

Corporates

ABFRL Demerging Madura Fashion Into Separately Listed Entity

Textile Insights April 3, 2024

Aditya Birla Fashion and Retail Ltd. (ABFRL) has planned to demerge its Madura Fashion & Lifestyle (MFL) division into a separate listed entity. The Aditya Birla Group company aims to create two growth engines with distinct value creation trajectories and a well articulated capital allocation strategy and parallel value creation opportunities. The MFL portfolio has