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Export

Volume Of US Apparel Imports Rebound In First Quarter Of 2024

Textile Insights May 29, 2024

In the first quarter of 2024, volume of US apparel imports began to rebound, however value of garment imports continued to decline but varied in case of origin of imports. In the first three months of 2024, US clothing imports from Bangladesh fell 12 percent year-on-year. But while cotton

Export

Bangladesh Hardly Utilising Regional Export Trade Potential

Textile Insights May 29, 2024

Bangladesh is hardly utilising its regional trade potential as less than 5 percent of its total exports go to India and China, countries that are members of the Association of Southeast Asian Nations (ASEAN). “Bangladeshi exports to China and India stood at $4.05 billion in 2020, but even in 2022 Bangladesh could export only $2.64 […]

Cotton

Brazilian Cotton Exports To Surpass Those From US In 2023-24

Textile Insights May 29, 2024

Cotton exports from Brazil are expected to reach 2.8 million tons in the 2023-24 marketing season, an increase of 12 percent compared to the previous month’s forecast. “The volume, which is 300,000 tons greater than the last estimate, would place Brazil as the main global exporter of cotton, surpassing the USA,” a report from StoneX, […]

Industry

Social Partnerships In European Textiles & Clothing Industry

Textile Insights May 28, 2024

EURATEX and IndustriAll Europe have launched StitchTogether, a new Europe-wide two-year project to promote social partnerships in the European textiles and clothing Industry. Stitch Together recognises the industry’s need to adapt to global competition, eco-friendly practices, and technological advancements, while ensuring decent working conditions and quality social

Policies

Bangladeshi Apparel Export Sector Seeks Tax Breaks In Budget

Textile Insights May 28, 2024

Bangladesh’s apparel export sector is seeking tax breaks and extended policy support in the upcoming budget due to a slowdown in global demand and rising production costs. This includes a significant reduction in source tax and VAT relief on raw materials, which can help them navigate challenging economic pressures. The garment factories have requested the […]

Corporates

RSWM Honoured With Three Gold Export Awards By TEXPROCIL

Textile Insights May 28, 2024

Riju Jhunjhunwala led RSWM Ltd has won three gold awards at TEXPROCIL Awards for highest export of denim fabric (2021-22) and processed yarn (2021-22, 2022-23). RSWM Ltd’s journey to success is marked by a relentless pursuit of excellence across all aspects of its operations. Whether it is leveraging state-of-the-art machinery to implementing best industry practices, […]

Machinery

Emtec Showcasing TSA Tactile Sensation Analyser At Hightex

Textile Insights May 28, 2024

Emtec Electronic GmbH will be displaying the Emtec TSA Tactile Sensation Analyser, which represents a significant advancement in haptic testing technology at Hightex exhibition in Istanbul. The portable lab device evaluates the hand-feel of fabrics with unprecedented accuracy and efficiency, measuring softness, smoothness, and stretch and recovery parameters within two

Machinery

Trützschler Unveils Digital Start-Up To Derive Maximum Value

Textile Insights May 28, 2024

Trützschler’s Digital Start-Up is a special service that helps its mill customers get maximum value from Trützschler’s digital solutions. From personalised configurations through to analysing data and optimising production processes in real time, a customer mill can rely on Digital Start-Up to support yarn production processes. “The Trützschler Services team will work

Financial Results

Indo Count Industries Surpasses Rs. 2000 Crores Net Worth In FY24

May 28, 2024

Indo Count Industries Ltd, a leading global manufacturer of home textile bed linen, has announced its audited financial results for the fiscal year ending March 31, 2024. The company has achieved its highest-ever yearly revenue and EBITDA, marking a significant milestone in its financial performance. Indo Count’s net worth crossed Rs. 2000 crores, reaching Rs. […]

Machinery

A.T.E. To Have Significant Presence In Texfair 2024

May 27, 2024

As the Indian textile and clothing industry is embarking on a trajectory to reach US$ 350 billion by 2025 (*), the Southern India Mills’ Association (SIMA) is organising a large exhibition of textile machinery, accessories and spares – Texfair 2024. This event is being held from June 21-24, 2024 at CODISSIA Trade Fair Complex, Coimbatore, […]

Volume Of US Apparel Imports Rebound In First Quarter Of 2024

Bangladesh Hardly Utilising Regional Export Trade Potential

Brazilian Cotton Exports To Surpass Those From US In 2023-24

Social Partnerships In European Textiles & Clothing Industry

Bangladeshi Apparel Export Sector Seeks Tax Breaks In Budget

RSWM Honoured With Three Gold Export Awards By TEXPROCIL

Emtec Showcasing TSA Tactile Sensation Analyser At Hightex

Trützschler Unveils Digital Start-Up To Derive Maximum Value

Indo Count Industries Surpasses Rs. 2000 Crores Net Worth In FY24

A.T.E. To Have Significant Presence In Texfair 2024

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