Industry

Vietnam, India Explore Deeper Textile Cooperation Amid US Tariff Challenges

Textile Insights April 14, 2025

Vietnam and India have significant potential to strengthen cooperation in the textile and garment sector, particularly as new reciprocal tariffs introduced by the United States are expected to increase export costs for both countries. According to Bùi Trung Thướng, Trade Counselor at the

Industry

U.S. Tariff Hikes To Spike Apparel Prices & Disrupt Global Supply Chains: ITMF President Srinivasan

Textile Insights April 14, 2025

The U.S. administration’s sweeping tariff hikes on imported goods are disrupting global textile and apparel value chains and pushing up apparel prices for American consumers. This unilateral move marks a departure from the established global trade framework, traditionally governed by multilateral (WTO), regional and bilateral (FTA) agreements. V. Srinivasan, President of

Industry

Inditex To Fund University Education For 50 Female Textile Workers In Bangladesh

Textile Insights April 14, 2025

Inditex, in collaboration with the Asian University for Women (AUW), has launched a scholarship programme aimed at supporting the academic development of female textile workers in Bangladesh. The global fashion retailer will allocate €3.75 million to fund the education of 50 women over the next five years, providing them with access to pre-university and university […]

Industry

Tecnorama Earns Italyx Certification For Excellence In Innovation And Craftsmanship

Textile Insights April 14, 2025

Tecnorama, a leader in textile dyeing automation, has been awarded the prestigious Italyx Certification, recognizing its outstanding commitment to innovation, design and quality—values that epitomize Italian tradition. This certification follows the company’s earlier qualification as an Innovative SME by Italy’s Ministry of Economic Development. The Italyx

Industry

ICRA Projects Growth For Indian Garment Industry In FY25

Textile Insights April 4, 2025

The Indian garment industry is poised for a strong recovery, with ICRA projecting a revenue growth of 12–14% in FY2025 and 9–11% in FY2026, driven by the global China Plus One sourcing strategy and inventory correction by global retailers. This comes after apparel exports from India rose 11.6% year-on-year during April–January FY2025, rebounding from a […]

Industry

Wage Theft Crisis In Bangladesh’s Garment Sector Demands Global Action

Textile Insights April 4, 2025

Bangladesh’s garment industry, a cornerstone of the global fast-fashion economy, is in the midst of a deepening wage theft crisis that threatens to tarnish the country’s development success. Despite employing over 4 million workers—most of them women—and producing apparel for top global brands like H&M and Zara, thousands of factories across Dhaka, Ashulia,

Industry

Bangladesh Struggles To Capitalize On China’s Zero-Duty Trade Benefits

Textile Insights April 4, 2025

Bangladesh has been unable to fully leverage the zero-duty trade benefits offered by China, largely due to a lack of product diversification. While imports from China have steadily risen, Bangladesh’s exports to its largest trading partner remain modest, failing to surpass the $1-billion mark. This imbalance highlights Dhaka’s increasing reliance on a single sourcing

Industry

Kosovo Ambassador Meets BGMEA Administrator To Strengthen Trade Ties

Textile Insights March 29, 2025

Lulzim Plana, Ambassador of the Republic of Kosovo, met Anwar Hossain, Administrator of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and Vice Chairman of the Export Promotion Bureau (EPB), at the EPB office in Dhaka on March 24. The discussion centered on enhancing bilateral trade and investment, with a focus on expanding Bangladeshi garment […]

Industry

Dangote Petrochemical Plant To Boost Nigeria’s Textile Industry, Save US$ 267M

Textile Insights March 27, 2025

The Manufacturers Association of Nigeria (MAN) has highlighted that the Dangote Petroleum Refinery & Petrochemicals’ production of polypropylene will play a key role in reviving Nigeria’s struggling textile industry while saving the country $267 million annually in import costs. The $2 billion petrochemical plant, located in Ibeju-Lekki, Lagos, is designed to

Industry

EDANA Calls For Caution On EU Countermeasures To US Tariffs

Textile Insights March 27, 2025

EDANA, the global association representing the nonwovens industry, has expressed concerns over the European Commission’s potential countermeasures against recently imposed US tariffs on EU steel, aluminium, and related products. While supporting efforts to protect EU industries, EDANA warns that retaliatory measures could have unintended consequences for the