Industry

The Yarn Bazaar Stories Podcast Redefining Textile Industry

January 10, 2024

In an era dominated by rapid digitization, where individuals have transitioned from traditional media to mobile phones for accessing content, the textile industry found itself at an interesting crossroads. Despite the surge in digital platforms, the podcast medium, a growing trend in various

Industry

Iran’s Textile Industry Crisis: 500 Workers Axed As Unrest Grows

January 10, 2024

500 textile workers in Borujerd, Western Iran, have been terminated since the beginning of the current Persian calendar year, starting from March 21. Simultaneously, Moslem Moradi, the governor of Borujerd, has called for a comprehensive audit of the company by provincial auditors. The dismissals in the Borujerd textile industry align with a broader trend where […]

Industry

Inclusion Is Critical To Attract, Engage & Retain Diverse Workforce

January 10, 2024

Boston Consulting Group’s (BCG) new employee satisfaction survey over 11,000 workers in eight countries, including India, Australia, Japan, US, UK, Canada, France and Germany, has found that 28 per cent of workers do not see themselves with their current employer within a year. With 26 per cent of the Indian employees surveyed at risk of […]

Industry

10 Uzbekistan Textile Companies Bag WRAP Certification

Textile Insights January 9, 2024

10 textile companies located in Uzbekistan have obtained the prestigious Worldwide Responsible Accredited Production (WRAP) international standard certificate. “The Uztex group was among the first textile companies in Uzbekistan and Central Asia to receive the WRAP certificate,” according to the Uzbekistan Textile and Garment Industry Association. The WRAP certificate

Industry

Sircilla Textile Park Located In Telangana Closes Temporarily

Textile Insights January 8, 2024

The Sircilla Textile Park located in Telangana state has closed temporarily after weaving companies located in the Park decided to shut down to cut down losses suffered by them The weavers located in the Park are losing Rs 3 per metre for every metre of fabric that they manufacture and they said they are not […]

Industry

Red Sea Attacks Surge Indian Textile Freight Rates By 40%

January 7, 2024

The textile export sector in India is facing a severe crisis as a result of recent attacks by Hamas-supporting Houthi rebels on merchant ships in the Arabian Sea. This has led to a 40% surge in freight rates, with further increases anticipated. Bhadresh Dodhia, Chairman of the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC), […]

Industry

Climate Change Impacts Cambodian Women Garment Workers

Textile Insights January 6, 2024

A recently released report has found critical links between climate and environment-related impacts and worsening labour conditions in Cambodia’s garment sector. According to a report by NGO-CEDAW, climate change is not a future concern for garment workers, but that is already affecting them, with over two-thirds of them suffering the effects of global warming. The […]

Industry

Surat Textile Sector Waiting For Power Subsidy Since Five Years

Textile Insights January 6, 2024

The textile industry in Surat, which is India’s biggest have been waiting since five years for the power subsidy promised in the 2019 Gujarat Textile Policy. Over 3,800 applications, approved by the District Industries Centre (DIC) and the Surat District Collector, are lying dormant, waiting for approval from the state government. The deadline for the […]

Industry

Indian Textile Bodies Seek Financial Support for Industry From Govt

Textile Insights January 6, 2024

Various textile mill associations of India have highlighted the acute financial stress faced by the spinning segment of the textile industry to the Finance Minister. The joint appeal to Minister of Finance, Nirmala Sitharaman comes after a significant downturn in the cotton-based spinning sector, exacerbated by Ukraine-Russia conflict and the recent Israel-Hamas war. “The

Industry

Bangladesh Textile Mills Urge Govt To Mandate 70% Use Of Local Yarn

Textile Insights January 4, 2024

Bangladesh textile mills have urged their government to make it mandatory for fabrics and apparel manufacturers to buy cotton yarn from domestic mills due to the ongoing foreign exchange crisis. In a letter the Bangladesh Textile Mills Association (BTMA) said that if garments are manufactured with domestic yarn, then the value addition is 65 percent, […]