Industry

Indian Retailers Urged to Prioritize Domestic Sourcing for Job Creation

Textile Insights January 16, 2025

India’s apparel imports reached US$ 1.07 billion (Rs 8,900 crore) in the first eight months of FY 2024-25, with projections indicating imports could rise to Rs 13,000 crore by the fiscal year-end. Key import sources include Bangladesh, China, Spain, Vietnam, and Sri Lanka. Segment-wise,

Industry

Pune Municipal Corporation To Launch Pune’s First Textile Waste Processing Unit

Textile Insights January 12, 2025

In a major step toward sustainable waste management, the Pune Municipal Corporation (PMC) is set to establish the city’s first dedicated textile waste processing unit. The initiative aims to address the growing challenge of managing the 100 to 125 tonnes of textile waste generated daily, which cannot be processed alongside regular solid waste. Officials have […]

Industry

Bangladesh Launches National Single Window To Streamline Trade

Textile Insights January 6, 2025

The National Board of Revenue (NBR) of Bangladesh has launched the National Single Window (NSW) to simplify import-export processes, bringing seven key customs agencies under one digital platform. The system, unveiled at a city event, aims to eliminate paperwork, reduce costs, and speed up goods clearance, benefiting traders and businesses. With agencies like the

Industry

DGTR Launches Anti-Dumping Probe On Nylon Yarn Imports

Textile Insights January 6, 2025

India’s Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into the import of nylon filament yarn from China and Vietnam, according to the Trade Remedies Authority of Vietnam. The investigation targets nylon filament yarn under the following Harmonized System (HS) codes: 54021910, 54021990, 54023100, 54023200, 54024500, 54025100,

Industry

MPTMA Proposes Green Zero-Waste PM MITRA Park In Dhar

Textile Insights January 6, 2025

The Madhya Pradesh Textile Mills Association (MPTMA) has urged the government to establish the upcoming PM MITRA Park in Dhar district as a zero-waste generation hub, incorporating renewable energy sources into its framework. The association believes that promoting a green environment within the park could significantly enhance its attractiveness to foreign investors. In a

Industry

AEPC Urges Tax Reforms In Budget 2025 To Boost Garment Exports

Textile Insights January 6, 2025

The Apparel Export Promotion Council (AEPC) has urged the government to introduce critical tax incentives and policy reforms in the upcoming Union Budget 2025 to enhance the competitiveness of India’s garment export sector. In its statement on Saturday, the council highlighted the need for measures to streamline compliance, support manufacturing and reduce operational

Industry

Assam CM: Textile Owners Abetting Illegal Bangladeshi Influx

Textile Insights January 2, 2025

In a pressing revelation, Assam Chief Minister Himanta Biswa Sarma has drawn attention to the involvement of Indian textile factory owners in the growing issue of illegal immigration from Bangladesh. Speaking at a press briefing on Wednesday, Sarma alleged that certain industrial houses are actively “importing” cheap labor from the neighboring country,

Industry

Egypt Completes First Phase Of Textile Industry Revitalization Project

Textile Insights December 30, 2024

Prime Minister Mostafa Madbouly has announced the successful completion of the first phase of Egypt’s large-scale initiative to modernize its textile industry. Key milestones achieved in this phase include the operational launch of facilities like Ghazl 4 and Ghazl 1, the establishment of textile preparation factories, and the construction of power generation

Industry

Mexico Raises Tariffs On Textile And Apparel Imports

Textile Insights December 30, 2024

On December 19, Mexico announced a significant tariff increase on textile and apparel imports, with rates of up to 35%. The new tariffs will take effect on December 20, 2024, and remain in place until April 23, 2026. The move aims to address unfair competition impacting Mexico’s textile and apparel industry, which has been affected […]

Industry

Slight Capacity Growth and Lower Fiber Consumption

Textile Insights December 30, 2024

The International Textile Manufacturers Federation (ITMF) has released its International Textile Industry Statistics (ITIS) for 2023, covering productive capacity and raw materials consumption in the short-staple spinning mill sector across global textile-producing countries. The data was calculated using a new method and includes a review of past time series. In 2023, the