August 4, 2026
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Home Archive by category Industry (Page 43)
Industry

CITI’s Chairman Reviews Budget Impact

Textile Insights
The Chairman of the Confederation of Indian Textile Industry (CITI), Rakesh Mehra, congratulated the Hon’ble Minister of Finance, Nirmala Sitharaman, for presenting her 7th Finance Budget. He lauded it as a forward-thinking budget addressing key issues for the overall growth of the Indian economy. However, he emphasized the need for bold measures to address the […]
Industry

AEPC Outlines Key Demands For Union Budget 2024 To Boost Apparel Industry

The Apparel Export Promotion Council (AEPC), India’s apex body for promoting garment exports, has presented several key demands for the Union Budget 2024 to enhance the country’s textile and apparel sector. Sudhir Sekhri, Chairman of AEPC, emphasized India’s potential in the global textiles and apparel market, stating, “India is poised to become a significant player […]
Industry

Maersk Boosts China-Bangladesh Textile Trade With New SH3 Service

A.P. Moller-Maersk (Maersk) has launched a new ocean shipping service, SH3, between China and Bangladesh to meet the increasing trade demand, particularly in the retail industry. The service began on July 7, 2024, enhancing the existing ocean network between the two countries by adding more capacity. The SH3 service rotation starts from Shanghai Port in […]
Industry

Uzbekistan And Azerbaijan Textile Partnership Grows Stronger

The 13th meeting of the joint Intergovernmental Commission on Cooperation between Uzbekistan and Azerbaijan, held in Bukhara on July 10, emphasized the deepening collaboration in the textile sector. Chaired by Laziz Kudratov, Uzbekistan’s Minister of Investment, Industry and Trade, and Mikayil Jabbarov, Azerbaijan’s Minister of Economy, the discussions
Industry

SGCCI Calls for Policy Revisions In Textile Industry

Vijay Mewawala, President of The Southern Gujarat Chamber of Commerce and Industry (SGCCI), led a delegation on July 15th, to meet with key government officials, advocating for critical reforms in the textile sector. Accompanied by Union Minister for Jal Shakti, Shri C.R. Paatil, Mewawala engaged in discussions with Union Minister of Textiles, Giriraj Singh, addressing
Industry

Vietnam Faces Indonesian Trade Sanction Threat

The Vietnam Trade Office in Indonesia has issued a cautionary notice to Vietnamese businesses regarding potential trade sanctions, particularly targeting textiles and garments, amidst challenges faced by Indonesia’s textile industry. Indonesia has seen a decline in export orders and the closure of many textile factories, leading to significant job losses. Key sectors

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