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

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%

Industry

Relief For Bangladesh As WTO Extends Duty-free Market Access Till 2029

March 9, 2024

Bangladesh has successfully secured a three-year extension of duty-free market access following its graduation to a developing nation in 2026. The decision, endorsed by 166 members of the World Trade Organisation (WTO) at its Ministerial Conference in Abu Dhabi on March 1st, ensures continued trade benefits for Bangladesh until 2029. The extension comes after intense […]

Industry

Tamil Nadu Initiates Textile & Garment Skill Training Program

Textile Insights March 9, 2024

The Tamil Nadu Skill Development Corporation (TNSDC), the South India Textile Research Association (SITRA) and the Department of Textiles have launched a skill development training program. This skill development training has been started at KG Denim in Coimbatore as a part of a scheme to train 8,950 workers across the state for jobs in the […]

Industry

Odisha Expects Rs 10,974cr Investment In Textiles

Textile Insights March 9, 2024

Odisha is creating an eco system to attract investments in textiles, apparel, and technical textiles sectors and is looking forward to a total investment of Rs 10,974 crore. The Odisha government has developed or plans Technical Textiles Park at Bhadrak, Textiles Park at Kalibeti in Khordha, and an Apparel Park at Aranga in Khodha. The […]

Industry

Bangla Engineers Identify Challenges Impacting Textile & Apparel Sector

Textile Insights March 6, 2024

A group of 40 top Bangladeshi textile engineers and entrepreneurs have identified various challenges, inhibiting the growth of the textile and apparel industry in the country. The engineers met in Dhaka on March 3 under the banner of Textile Engineers – Entrepreneurs. This group identified skills gap, trust deficit between employers and employees, rising operational […]

Industry

Piyush Goyal Presents MATEXIL Awards In Various Categories

Textile Insights March 6, 2024

Manmade and Technical Textiles Export Promotion Council (MATEXIL) formerly SRTEPC presented various awards in various categories for 2022-23 Textiles Minister Piyush Goyal presented the awards to the winners and said that MATEXIL has done tremendous work and helped Indian textile exports reach more than 150 countries in the last 70 years. Rakesh Mehra received the […]

Industry

Tiruppur Knitwear Hub Navigating Through Various Challenges

Textile Insights March 6, 2024

Tiruppur, which is India’s biggest knitwear hub, has been navigating through various challenges on various fronts and also overcoming them since the last few years. But the biggest challenge in recent times has come due to the impact of the Russian-Ukraine war and through which the hub has not still been navigate through. It started […]

Industry

Bloomtex Starts Textile Unit In J&K At Investment Of Rs 120cr

Textile Insights March 4, 2024

Bloomtex Industries has started operations of a textile unit in Kathua district in Jammu & Kashmir at an investment of Rs 120 crore, which will create employment for 350 people. The company has acquired 25 acres of land on lease at Bhagthali Industrial Estate in Kathua and has started the first phase of the project. […]

Industry

VF Supports Reskilling Unemployed Women Garment Workers

Textile Insights March 2, 2024

VF Corp, owner of garment brands like Vans, The North Face, Timberland, etc has extended its support for a programme that helps women garment workers re-enter employment who have lost their jobs as a result of increased automation. VF has confirmed it will offer a further grant to Shimmy Technologies, a women-owned social enterprise which, […]