Industry

Indian Textile Sector Will Regain Lost Glory: Piyush Goyal

Textile Insights September 1, 2023

The Indian textile sector will regain its lost glory and Tamil Nadu is going to be the vanguard of the revival. This was informed by Minister for Textiles Piyush Goyal, while speaking at the office of the Southern India Mills’ Association in Coimbatore. “Most developed countries are facing

Industry

Gokaldas Exports Acquires UAE Based Garment Producer Atraco

Textile Insights August 31, 2023

One of India’s biggest garment exporters, Gokaldas Exports will acquire UAE based apparel manufacturer Atraco, through one of its subsidiaries for US $55 million (around Rs 455 crore). Atraco, which is headquartered in Dubai manages four clothing manufacturing factories in Kenya and one in Ethiopia and manufactures around 40 million garments per year “The $55 […]

Corporates Industry

Certificates & Labels Issued By Oeko-Tex Increases 21%

Textile Insights August 31, 2023

Certificates and labels issued by the Oeko-Tex Association between July 1, 2022 and June 30, 2023 rose 21 percent year on year, to 43,000. The ‘Made in Green’ label recorded the strongest growth of 52 percent, Oeko-Tex said in a press release. For their two new certifications, Oeko-Tex focused on cooperation with numerous parties along […]

Industry

MoT Boosts Technical Textiles Startup Ecosystem With GREAT Initiative

August 30, 2023

In a significant stride towards promoting innovation in technical textiles, the Ministry of Textiles (MoT) has given the green light to the Startup Guidelines for Technical Textiles – Grant for Research and Entrepreneurship across Aspiring Innovators in Technical Textiles (GREAT). Rajeev Saxena, Joint Secretary Textiles, announced this groundbreaking development during a

Industry

Bangla Mills Impacted By Falsely Declared Imported Textiles

Textile Insights August 28, 2023

The Bangladesh Textile Mills Association (BTMA) has raised the issue of false declaration of imports of yarns, fabric and dress materials, which is impacting sales of locally produced textiles. In a letter addressed to the Customs Bond Commissionerate, BTMA President Mohammad Ali Khokon said, the textile industry is already reeling under challenges of foreign exchange […]

Industry

Omax Cotspin Joins Sourcery’s Direct-to-Grower Programme

Textile Insights August 28, 2023

Gujarat based Omax Cotspin, a spinning mill manufacturing BCI, Fairtrade and recycled cotton yarn, has joined Sourcery’s Direct-to-Grower Programme that connects brands, manufacturers and growers who are committed to commercial and environmental excellence. Sourcery identifies and mitigates shared material and performance risks and cost inefficiencies to uncover

Industry

Vietnam & South Korea Cooperate On Textile & Garment Sector

Textile Insights August 26, 2023

Vietnam and South Korea have signed a Memorandum of Understanding (MoU) to increase cooperation in the textile and garment sector. A MoU was signed between the Vietnam Textile and Apparel Association (VITAS) and the Korea Federation of Textile Industries (KOFOTI) this week. The signing ceremony took place on the sideline of ‘Preview in Seoul 2023’ […]

Industry

Gujarat Govt Survey On Textile Units Moving Out Of State

Textile Insights August 24, 2023

The government of Gujarat will undertake a survey to look into the issue of textile manufacturing units moving out of Gujarat to neighbouring states, particularly Maharashtra. After receiving representations from elected representatives, the industries and mines department has been asked to conduct a survey of industries, especially those based in Surat and the districts

Industry

Bangladesh Yarn Usage Down 31.55% Between Jan-June 2023

Textile Insights August 22, 2023

Despite exports of garments moving upwards, albeit slowly, yarn usage in Bangladesh has reduced by 31.55 percent in the January to June 2023 period. Data released by Bangladesh Textile Mills Association (BTMA) informed that knitting and clothing factories bought 809,351 tons of yarn in the first six months of 2023, down 31.55 percent year on […]

Industry

Iranian Textile Industry Production Surges 17.1% in 2022

Textile Insights August 21, 2023

Production in Iran’s textile industry surged 17.1 percent in 2022 when compared to the previous year. This was revealed by Mohsen Gorji, who is the Director General of the Ministry of Industry, Mine and Trade for Clothing and Textile Affairs. He was addressing the media while announcing the first edition of the Specialized International Exhibition […]