Industry

Chinese Consider Bangladesh As Ideal Investment Destination

Textile Insights May 6, 2024

Chinese investors are considering Bangladesh as an ideal investment destination and are also interested in shifting investments to Bangladesh while also making new investments. The Chinese investors informed this to a delegation of the Bangladesh Export Processing Zones Authority (BEPZA) which

Industry

$11mn Deal With US To Bolster Kenyan Textile & Apparel Sector

Textile Insights April 27, 2024

Kenya has signed an $11 million deal with the United States facilitated by USAID to boost its textile and apparel exports, Kenyan President William Ruto announced. According to the President, the investment would expand the country’s fashion industry, grow its apparel manufacturing base and introduce new vertical integration capabilities to the textile sector. “40,000

Industry

China Shows Interest in Setting up $300mn Egypt Textile City

Textile Insights April 26, 2024

A delegation made up of representatives from the Chinese textile and apparel industry has expressed interest in establishing a vertically integrated textile city in Egypt at an investment of US $300 million. This announcement came after a meeting between Chairman of the General Authority for Investment and Free Zones, Hossam Heiba, and Chairman of the […]

Industry

Depreciating Currency Adds To Woes Of Indonesian Textile Sector

Textile Insights April 26, 2024

To add to already existing woes of the Indonesian textile industry, the Indonesian currency Rupiah (IDR) is depreciating constantly against the US dollar. According to Refinitiv data, the IDR was quoted at 16,187 against one US dollar on April 26, 2024 as against IDR 14,929 per dollar on April 26, 2023, down by 8.42 percent […]

Industry

TextileGenesis & Eon Collaborate On Digital Product Passports

Textile Insights April 26, 2024

TextileGenesis, a platform which ensures material traceability for the textile and garment sector has collaborated with Eon to create comprehensive Digital Product Passports (DPPs). Eon offers product digitisation, enabling retail brands to turn products into traceable, valuable assets through the creation of Digital IDs. “This collaboration will enable brands to create

Industry

China’s Cotton Textile Prosperity Index Above Critical Point

Textile Insights April 25, 2024

China’s Cotton Textile Prosperity Index has rebounded to above the critical point of 50 in March from that recorded in February 2024. China’s cotton textile prosperity index in March was 52.9%, higher than the critical point and up 6.5 percentage points from February. Cotton textile factories have successfully resumed work and production after the spring […]

Industry

Sewing & Embroidery Thread Maker Amann Starts India Plant

Textile Insights April 24, 2024

Amann has opened its first Indian production plant in Ranipet, Tamil Nadu which will produce sewing and embroidery threads of the highest quality for the leather and apparel industry. “It is our most sustainable production site equipped with state-of-the-art technology to protect the environment,” the German headquartered company said in a press release. “We are […]

Industry

Radicigroup Unveils Physical & Digital Nylon Traceability Platform

Textile Insights April 24, 2024

RadiciGroup has launched its first physical and digital nylon traceability project and as its first application has introduced a gilet made from the yarn manufactured in one of its industrial sites. “The QR code on the garment can reveal its origin and display information about its production process,” the manufacturer of Nylon 6.6 fibre said […]

Industry

Meijer Donates US$ 250,000 To Detroit-Based Industrial Sewing And Innovation Center

April 21, 2024

Meijer has announced a donation of $250,000 to the Industrial Sewing and Innovation Center (ISAIC), a Detroit-based national non-profit organization. ISAIC focuses on training the next generation of textile and apparel manufacturing industry talent through an innovative curriculum that blends technical skills, soft skills and digital literacy. Established in 2020, ISAIC

Industry

BTRA Presenting Latest Research Findings At Techtextil

Textile Insights April 20, 2024

The Bombay Textile Research Association (BTRA), a pioneering institution in textile research and development is participating at Techtextil 2024 being held in Germany. Visitors to BTRA’s booth can expect to learn about the latest research findings, technological advancements, and innovative solutions developed by the association. “With a rich history of pioneering research