Industry

Uzbek President Visits Company in Indian Textile Cluster

Textile Insights November 20, 2023

Uzbek President Shavkat Mirziyoyev recently visited a company located in the Indian textile cluster in Termez to assess and discuss the challenges and opportunities in Uzbekistan’s growing textile industry. Started in 2019 at an investment of US $10 million, the Indian company has become

Industry

Germany Top Destination For FDI In Greenfield Textile Projects

Textile Insights November 20, 2023

According to a GlobalData report, Germany is the leading destination market for foreign direct investment (FDI) in greenfield textiles, while the US is the top source for FDI. Between 2019 and 2022, the textiles sector was the eighteenth largest FDI sector in terms of the number of greenfield investments and the textiles sector accounts for […]

Industry

Global Garment Brands Moving Back Production Base To China

Textile Insights November 18, 2023

Under the influence of multiple factors such as trade frictions, rising labour costs and environmental pressures, clothing brands were trying to move their supply chains out of China in order to reduce their dependence on Chinese factories. “But as the macro environment continues to weaken and consumer behaviour is cooling down, global apparel brands and […]

Industry

Tamil Nadu Will Unveil Revised Textile Policy Soon

Textile Insights November 18, 2023

The Tamil Nadu government will soon announce a revised textile policy soon with an objective to make the state a leader in textiles. This was informed by R Gandhi, Minister for Handlooms and Textiles, Tamil Nadu in Coimbatore. Gandhi was speaking at the inaugural session of the second edition of the Conference on Technical Textiles, […]

Industry

US Senators Urge Customs To Enforce Uyghur Forced Labour Act

Textile Insights November 17, 2023

Several US senators have called upon the US Customs and Border Protection to ensure Chinese companies are not evading US laws against forced labour and costing American jobs. In a letter, they urged the US Customs to strictly enforce provisions in trade agreements with Central American and North American trading partners. According to the senators, […]

Industry

ITMF Elects KV Srinivasan MD Of Premier Mills As President

Textile Insights November 16, 2023

During the Annual Conference of the International Textile Manufacturers Federation (ITMF) held in China, KV Srinivasan from India was unanimously elected as the new President of the federation. KV Srinivasan, born in 1961 and Managing Director of Premier Mills and Premier Fine Linens has completed B.Tech in Textile Technology at PSG College of Technology. He […]

Industry

Ahmedabad Textile Process Houses Extend Diwali Holidays

Textile Insights November 15, 2023

Several Ahmedabad based textile process houses have decided to extend Diwali holidays to a fortnight as against the 3-5 holidays in previous years. Most of these fabric printing or dyeing factories were running at half of their production capacities in a week before Diwali due to low orders in hand, and hence the decision to […]

Industry

Padmashri Dr. A. Sakthivel Honoured With Launch Of Biography

November 12, 2023

In an event attended by Union Minister of Commerce, Industry, Textiles and Consumer Affairs, Piyush Goyal, the biography of Padmashri Dr. A. Sakthivel, titled “The Bhishma Pitamah of India’s Exports: The Story of Padmashri Dr. A. Sakthivel,” was unveiled. The ceremony was marked by reverence and grandeur and witnessed the presence of Dr. Sakthivel’s

Industry

CHT Group Marks 70 Years Of Global Success With Grand Celebration In India

November 12, 2023

CHT Group, a leading provider of smart chemistry solutions, celebrated its 70th anniversary at the Taloja production facility in India. The event, themed ‘One Winning Team at India,’ brought together the CHT India team from regional offices and Taloja’s production facility. The festivities commenced with a traditional Indian welcome for families and

Industry

Bangladesh Needs To Double Denim Exports To Reach $100bn Target

Textile Insights November 11, 2023

Speakers at the Bangladesh Denim Expo said that Bangladesh needs to double its denim export to achieve US $100 billion apparel export target by 2030. This was said by Siddiqur Rahman, former President of Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in his inaugural address. “Denim and denim related products accounts for about one fourth […]