Industry

EU-Vietnam FTA Threatens Bangladesh’s RMG Exports

Textile Insights December 4, 2024

Bangladesh’s RMG exports to the EU could decline by 21% due to the EU-Vietnam Free Trade Agreement (FTA) and Bangladesh’s LDC graduation, a study by RAPID and Friedrich-Ebert Stiftung revealed. The report highlights that Bangladesh’s overall exports to the EU may drop by 21% as it loses

Industry

Textiles Minister Pushes Innovation, Sustainability In Panipat

Textile Insights November 22, 2024

The Union Minister for Textiles, Giriraj Singh, held an extensive interaction with over 150 textile manufacturers and exporters in Panipat on November 18th, 2024. Recognized as a key hub for textiles and handlooms in India, Panipat hosts a vibrant SME and manufacturing sector. The meeting, organized by the Handloom Export Promotion Council (HEPC) in collaboration […]

Industry

Textile Minister Lauds North-East’s Role In India’s Growing Textile Sector

Textile Insights November 11, 2024

At the official inauguration of the permanent campus of the National Institute of Fashion Technology (NIFT) in Shillong on October 25th, Union Minister of Textiles, Giriraj Singh presented a dynamic vision for the future of India’s textile industry, highlighting the North-East’s substantial contribution. Speaking at the event, which also celebrated NIFT Shillong’s

Industry

Apindo Calls For Tax Incentives To Revive Indonesia’s Textile Industry

Textile Insights November 7, 2024

The Indonesian Employers’ Association (Apindo) has appealed to the government to reinstate the tax incentive for Income Tax Article 21 (PPh 21) borne by the government (DTP) to aid labour-intensive sectors, especially the struggling textile industry. This call comes in the light of the recent bankruptcy of PT Sri Rejeki Isman Tbk. (Sritex), a major […]

Industry

Tamkeen Launches Campaign To Address Harsh Conditions For Textile Workers In Jordan

Textile Insights November 7, 2024

Thousands of workers in Jordan’s textile and garment industry are enduring “harsh” working conditions, characterized by low wages and limited protections, exacerbated by a rise in subcontracting practices. In response to these pressing issues, the Jordanian non-profit organization Tamkeen is set to launch a campaign aimed at raising awareness about the

Industry

India Seeks Compensation From Turkiye Over Polyester Safeguards

Textile Insights November 6, 2024

India has formally requested compensation from Turkiye following Ankara’s decision to extend safeguard measures on polyester staple fibres, which has adversely affected Indian exports of the product. An official confirmed that India raised its concerns during recent bilateral consultations with Turkiye under the WTO’s safeguard agreement. On October 14, India

Industry

Centric Software’s Centric Planning Named ‘Recognized Vendor’ In Gartner’s 2024 Market Guides

Textile Insights October 27, 2024

Centric Software has announced that its Centric Planning solution has been named a Recognized Vendor in Gartner’s 2024 Market Guides for Retail Assortment Management Applications, covering both long life cycle and short life cycle editions. With over 40 years of expertise, Gartner is a leading technological research and consulting firm, providing actionable insights to

Industry

Alchemie Technology Recognized For Sustainability Efforts In Textile Industry

Textile Insights October 27, 2024

Alchemie Technology, a leading clean-tech company, has been featured in a prestigious new book celebrating the 75th anniversary of the Commonwealth and King Charles III’s role as Head of the Commonwealth. The book, titled The Commonwealth at 75, includes an article by Dr Alan Hudd, founder and CEO of Alchemie Technology, highlighting the company’s mission […]

Industry

Textile Ministry Drawing Roadmap To Take Industry To The Next Level

Textile Insights October 10, 2024

The Union textile ministry is in the process of creating a comprehensive roadmap which, on the one hand, aims to address on dealing with a wide range of existing issues hampering the growth and, on the other hand, it aims to chart an action plan to achieve the targeted growth strategies in a more inclusive […]

Industry

Faisalabad’s Power Loom Industry In Crisis Amid Soaring Electricity Bills

Textile Insights October 10, 2024

Faisalabad, Pakistan’s textile hub, is facing a severe crisis as the city’s power loom industry struggles under the weight of exorbitant electricity bills. Rising raw material costs have further compounded the challenges, leaving loom owners unable to sustain their operations and rendering thousands of workers jobless. The once-bustling area of Ghulam Muhammad