Export

Market Share Of Global MMF Apparel Exports To Reach 60% By 2030

Textile Insights April 5, 2024

A study informed that global apparel exports are expected to grow to $1,121 billion by 2030, from $953 billion in 2022. Of this, around 60 percent are projected to be manmade fibre (MMF) apparels by 2030. “Around 50 percent of the $953 billion in worldwide apparel exports were MMF-based in

Export

Indian Textiles Ministry To Curb Sub-Standard Quality Exports

Textile Insights April 5, 2024

In order to control exports of sub-standard textile products and bolster India’s reputation in the global market, the Union Textiles Ministry is planning a significant upgrade of its testing infrastructure. “The move comes amid concerns that poor-quality pashmina shawls and silk exports have been hurting the country’s image as a reliable supplier,” Mint

Industry

Ghana Identifying Opportunities In Circular Textiles Business

Textile Insights April 5, 2024

The Ghana government has commenced a feasibility study of the textiles and apparel value chain to identify circular business opportunities. The project is being undertaken in collaboration with the Korea Environmental Industry and Technology Institute (KEITI), which specialises in providing solutions to environmental problems. “One of the goals includes helping to revamp

Event

Textile Association (India) Mumbai Unit Hosting Lecture On 5S

Textile Insights April 5, 2024

The Textile Association (India), Mumbai Unit is organising a hybrid lecture on April 12, 2024 at TAI, Mumbai Unit Office. The theme of the lecture, which is online as well as offline is ‘5S – The First Step to Building a World Class Organisation’ and will be held from 4.00 to 05.30 pm. There will […]

Export

Bangladeshi Apparel Exports To India Drop 23% In July-Feb

Textile Insights April 4, 2024

Bangladeshi exports of garments to India totalled US $580 million in the first eight months of fiscal ending June 2024, a massive decline of 22.99 percent as against $750 million in same period of earlier fiscal. Overall exports from Bangladesh to India fell to $1.27 billion between July 2023 and February 2024, down 16.59 percent […]

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 and if exports to […]

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 […]