Industry

PM MITRA Parks Aim To Make India A Global Textile Manufacturing Hub

November 10, 2023

The state and Central government backed mega textile parks under the PM MITRA (Pradhan Mantri Mega Integrated Textile Region and Apparel) Park Scheme is expected to generate satisfactory response from the textile industry, which is desperately trying to put up a cost competitive textile value

Industry

Customer Experience And Cyber Driving Technology Innovation And Digital Investment

November 10, 2023

KPMG International has published its ‘KPMG Global Tech Report 2023’ which explores the technology strategies employed by organizations across the globe as they embark on the next stage of their digital transformation journeys. It also examines the opportunity presented by emerging technology to drive value and gain a competitive edge during a sustained period of

Industry

Section Of Bangla Workers Unions Reject New Govt Wage Hike

Textile Insights November 8, 2023

A section of Bangladeshi garment workers unions have rejected the new proposed wage hike by the Bangladesh government and are insisting on a minimum wage of Taka 20,000 per month. State Minister for Labour and Employment Monnujan Sufian on November 7, informed that the wage has been hiked to Taka 12,500, up 56 percent compared […]

Industry

IDH Takes Centre Stage At Africa Sourcing And Fashion Week

Textile Insights November 7, 2023

Change catalyst IDH took centre stage at the Africa Sourcing and Fashion Week (ASFW) 2023 held from November 3 to 6 and showcased its IN Sustainable Textile and Apparel Parks (INSTEP) programme. Throughout the event, IDH played a pivotal role, leading insightful discussions and introducing initiatives to advance sustainable practices within the industry. Jenny Löfbom, […]

Industry

Knitter Trade Body Raises Alarm Over Surging Fabric Imports

Textile Insights November 7, 2023

A knitter’s trade body has raised the alarm on the surging imports of Chinese synthetic knitted fabrics and requested the government to intervene and safeguard the domestic industry. The All India Knitters Association (AIKA) in a communication to the Prime Minister’s Office emphasised the urgency of the issue with a plea for urgent intervention. “These […]

Industry

Textile Industry Set To Contribute Significantly To India’s Growth: CII And Primus Partners Report

November 6, 2023

CII and Primus Partners recently launched a report titled “Decadal Outlook for Textile Industry: Threads of Transformation for Textile Industry” at TEXFUTURE 2023 Conference, organised by CII and Government of Maharashtra. The report highlights the contribution of the textile industry to the GDP, which is expected to more than double from 2.3 per cent to about 5 […]

Industry

TN Open-End Mills On Strike For Second Time in Four Months

Textile Insights November 6, 2023

For the second time in four months, Tamil Nadu open-end spinning mills will shutdown from November 7 to 30. Weavers in Tirupur and Coimbatore districts too have decided to go on strike from November 5. While speaking with the press, G. Arulmozhi, President of the Open-End Spinning Mills’ Association said there are 600 open-end spinning […]

Industry

Piyush Goyal To Present AEPC Excellence Honours Award

November 5, 2023

The Apparel Export Promotion Council (AEPC) has revealed that Union Minister Piyush Goyal will present the prestigious AEPC Excellence Honours Awards on 9th December 2023 in New Delhi. These awards will recognize the exceptional contributions made by Indian apparel exporters in the years 2021-22 and 2022-23, acknowledging their pivotal role in building modern export

Industry

Bangladesh Garment Factories Shut Following Violent Protests

Textile Insights November 3, 2023

Hundreds of Bangladeshi garment factories stayed closed on Thursday following protests and violence by garment industry workers who are demanding a higher minimum wage. Sources said that around 50 apparel manufacturing factories were vandalised by workers on the outskirts of Dhaka, following which hundreds of factories shut their doors. Thousands of apparel sector workers

Industry

Andhra Pradesh Mills Seek Govt Support To Tide Over Crisis

Textile Insights November 2, 2023

The Andhra Pradesh Textile Mills Association (APTMA) has sought the support of the state due to the critical situation facing the textile industry in the state. APTMA cited several challenges, including escalating cotton prices, dwindling yarn prices, surging power charges, and the post-COVID market imbalance all of which have severely impacted the industry’s financial