News - Textile Insights - Page 432

Industry

AEPC Seeks Uniform GST Levies Across MMF Textile Value Chain

Textile Insights January 25, 2024

To boost local manufacturing and also clothing exports, the Apparel Export Promotion Council (AEPC), has sought uniformity in GST levies and more tax incentives in the union budget to be announced on February. “A uniform tax of five percent should be applied to the Goods and Services tax (GST)

Apparel, Fashion, Retail

Sudhir Sekhri Takes Over As Chairman Of AEPC

January 25, 2024

Sudhir Sekhri, a seasoned figure in the apparel industry, has taken the reins as the new Chairman of the Apparel Export Promotion Council (AEPC). With over four decades in readymade garment manufacturing and currently serving as the Managing Partner of Trendsetter International, Sekhri is set to address the recent decline in RMG (Ready-Made Garments) exports. […]

Machinery

Laser Photonics Streamlines Textile & Garment Sector Processes

Textile Insights January 24, 2024

Laser Photonics laser systems offers the global garment industry a user-friendly, ethical, cost-effective and time-efficient solution for many garment creation and finishing processes. According to the US company, laser techniques are entirely different from traditional textile processes, providing flexibility when it comes to design and operation. “Other benefits of this

Dyes & Chemicals

Rudolf Unveils Two Bio-Based Moisture Management Products

Textile Insights January 24, 2024

Rudolf a producer of specialty chemicals has introduced a bio-based innovation for its Hydrocool technology, which it calls a breakthrough in textile moisture management product line. “The new durable bio-based products, Ruco-Pur Bio Slb and Feran Bio Icr, represent a major turning point in textile chemistry, offering unrivalled sustainability, performance and durability,”

Dyes & Chemicals

Archroma Showing Green Textile Chemicals At Colombiatex

Textile Insights January 24, 2024

Archroma is showcasing sustainable and green textile chemical solutions at this year’s Colombiatex de Las Américas exhibition. Archroma introduced a new concept that promises to help the region’s brands and mills optimise their productivity, add value to their products and create a positive impact on the environment. “Named Super Systems+, each solution offers exceptional

Industry

Bangladesh Seeks Chinese Investment In Yarn & Fabric Sector

Textile Insights January 24, 2024

The Bangladesh garment industry has sought China’s investment in textile backward linkage industries in Bangladesh that would benefit both sides. A delegation of the China Knitting Industrial Association and the China Cotton Textile Association met representatives of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) recently. The discussions

Sustainability

BASF & Inditex Jointly Develop World’s First Circular Nylon 6 Textile

Textile Insights January 24, 2024

BASF and Inditex have achieved a breakthrough in textile recycling with the launch of Loopamid, which is a polyamide 6 (PA6) also known as nylon 6 made from 100 percent textile waste. BASF is providing the first circular solution for nylon apparel made entirely from textile waste, while Zara has turned the material into a […]

Financial Results

Rieter Group Sales Drop 6% To CHF 1,418.6 Million In 2023

Textile Insights January 24, 2024

The Rieter Group released its unaudited figures for financial year 2023 in which its sales dropped around 6 percent to CHF 1,418.6 million as against CHF 1,510.9 million in 2022. The Business Group Machines & Systems recorded sales of CHF 965.0 million, a decrease of 7 percent year on year, while sales at the Business […]

Event

1,120 Apparel Brands Will Be Showcased At NGF 2024 Exhibition

Textile Insights January 23, 2024

1,120 apparel brands across women’s wear, men’s wear, kids wear and accessories will be showcased at NGF 2024 exhibition to be held at the Bombay Exhibition NESCO Complex from January 29-31, 2024. The 78th edition of NGF 2024 exhibition is being organised by the Clothing Manufacturers Association of India (CMAI). “NGF is the most eagerly […]

Export

Between 2018 & 2023 Bangladesh apparel exports surge 43.9%

Textile Insights January 23, 2024

In the six year period between 2018 and 2023, Bangladesh apparel exports surged from US $32.93 billion in 2018 to $47.39 billion in 2023, posting a significant growth of 43.91 percent in the six years. “Overseas shipments of Bangladesh garments grew to $33.07 billion in 2019, but due to the start of the pandemic, these […]

Previous
1
…
430
431
432
433
434
…
589
Next