Industry

Several Initiatives From Maharashtra To Become Textile Hub

Textile Insights March 27, 2024

Advancing its vision of establishing itself as a textile hub, Maharashtra has committed to developing 18 mini textile parks among various other initiatives. “These mini textiles parks will attract investment of Rs 1,800 crore and create employment for 36,000 people,” Chandrakant Patil, Textile

Industry

Premier Mills Group Inaugurates New School Building In Coimbatore

March 24, 2024

Premier Mills Group, a key player in India’s textile industry, continues to champion social responsibility with the inauguration of a new school building at the Gandhi Centenary Memorial Government Middle School in Varadarajapuram, Coimbatore. This initiative, funded by the company’s CSR fund, underscores Premier Mills Group’s commitment to enhancing

Industry

Technological Institute & TAI (Delhi) Sign MOU For Advancement of Textile Industry

March 23, 2024

On March 16, 2024, The Technological Institute of Textile and Sciences and Textile Association of India (Delhi) solidified their collaboration by signing an MOU. This partnership aims to bolster cooperation across training, placement, technical lectures and industrial visits, promising mutual benefits and advancements in the textile industry.

Industry

Kenya’s Polytechnic College To Commission Its Own Textile Mill

Textile Insights March 12, 2024

A textile factory is construction at the Kisumu National Polytechnic in Kenya which will develop skills and competencies to drive growth in the sector. Kisumu National Polytechnic is now the only institution in the country with a learning industry. Learners will have hands-on training to prepare them for the job market. The textile technology factory […]

Industry

Egypt Becomes Attractive For Turkish Textile & Apparel Sector

Textile Insights March 12, 2024

Turkish textile and apparel manufacturers are mulling shifting manufacturing to Egypt due to Egypt’s weaker currency, lower energy and labour costs and also promises of reforms. “Egypt’s shift toward rational policies makes it a very good investment destination for Turkish textile enterprises,” Seref Fayat, head of the apparel division at Union of Chambers and Commodity

Industry

US Textile Trade Body Accuses India Of Predatory Trade Practices

Textile Insights March 12, 2024

India is among five Asian countries which has been targeted by a US textile trade body for predatory trade practices and unethical cost reduction practices. India was accused by the National Council of Textile Organizations (NCTO) CEO Kim Glas while testifying before the US International Trade Commission (USITC). Kim Glas testified before the USITC as […]

Industry

CITI Welcomes FTA With European Free Trade Association Nations

Textile Insights March 11, 2024

The Confederation of Indian Textile Industry (CITI) has welcomed signing of the Trade and Economic Partnership Agreement with the European Free Trade Association (EFTA) countries. EFTA members include Iceland, Liechtenstein, Norway, and Switzerland which are an important trade bloc for the Indian textile industry. “CITI had been requesting the government to expedite

Industry

CCPIT Explores Collaboration With BGMEA

March 10, 2024

A delegation from the Sub-Council of Textile Industry, a branch of the China Council for the Promotion of International Trade (CCPIT), was led by Vice President and Secretary General Zhang Tao to meet Faruque Hassan, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), at its headquarters in the city. Accompanying Zhang Tao were […]

Industry

Bangladesh Govt’s Proposed Minimum Wage Of Tk 10,000 For Textile Sector Stirs Controversy

March 10, 2024

The Bangladesh government is poised to finalize the minimum monthly wage for textile workers at Tk 10,000, a move that comes three months after the minimum wage for garment workers was raised to Tk 12,500. However, this decision has ignited a contentious debate, with labour leaders deeming the proposed wage “unacceptable” amidst soaring inflation and […]

Industry

Manufacturing, Energy & IT Driving Job Growth: foundit Report

March 10, 2024

India’s leading talent platform, foundit (formerly Monster APAC & ME), has published the foundit Insights Tracker (fit), presenting the latest findings on hiring trends for February 2024. According to the tracker, there has been a gradual uptick in hiring activity across sectors, indicating a 3% month-on-month growth. Although the year-on-year comparison reflects 8%