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India and China’s Textile Exports will Face a Severe Competition From Bangladesh.
The global economic slowdown and unfavorable exchange rate changes, to the huge losses caused by India’s textile exports. Other major Asian textile-exporting countries is also the case, such as Sri La...
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PAKISTAN: Cotton Shortage Forces Textile Plant Closures.
More than 20 textile plants in Pakistan have closed down their operations since last one month due to shortage of raw cotton, high energy and raw material cost, and restrictions on the exports of yarn...
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Egyptian Textiles Get Ready to Compete in European Market.
Textile industry of Egypt is enduring to penetrate European market, but will find place past Chinese and Turkish competition, as Turkey has already acquired firm stance in European market and China is...
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CHINA: China is the Largest Importer of Italian Textile Machinery.
"China International Textile Machinery Exhibition & ITMA Asia Exhibition" was held on June 22-26 in Shanghai, 110 Italian textile machinery manufacturers formed Italian National Pavilion exhibitors du...
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New CEMATEX President.
The chairman of the British Textile Machinery Association (BTMA), Stephen R. Combes, is to be the next president of CEMATEX, taking up the position in September. He said his main objective was to cont...
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India: Apparel Exporters Enjoy Surplus Orders.
Country’s leading apparel exporters are enjoying the surplus order coming in from Europe and US. However, incessant pressure on margins does not give these companies the leverage to relax, thanks to s...
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PAKISTAN: US Should Sign Free Trade Agreement.
Islamabad: Minister for Textile Industry Rana Farooq Saeed Khan urged the United State (US) authorities to sign free trade agreement with Pakistan. He said this while talking to a delegation of indust...
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India: 5% Reduction in Hosiery Yarn Prices.
Tamil Nadu textile mill owners have agreed to cut the prices of cotton hosiery yarn by 5 percent, for the second time, offering a temporary relief to the apparel exporters.
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EU: Trends in EU Textile and Clothing Imports.
Overall, EU textile and clothing imports fell in value by 7.0% in 2009, to Euro74.93 bn (US$104.11 bn). This was the first fall since 2003. Textile imports were down by 16.2% in value terms and by 13....
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Pakistan: Ready-Made Exporters want a Ban on Cotton Exports.
Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) announced that, every kilogram of domestically produced cotton must be utilised in the value-added garments.
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India: Cotton Export Ban was to Avoid Its Shortfall.
Union Textile Minister, Dayanidhi Maran, while shielding the government’s move of imposing ban on exports of cotton said that, this was done to cut down the prices of cotton, as also to ease the situa...
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EU countries Are Likely To Cut Apparel Export Orders.
The sovereign debt crisis in the euro zone has put garment exporters in doubt who are getting ready to grab fresh orders from major Western markets. It has been anticipated that 27 countries in the Eu...
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BANGLADESH: Bangladesh losing US Garment Market to India and China.
DHAKA: Bangladesh is losing the US market for garments to India, China, Vietnam and Indonesia, among others, causing concern among exporters.
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China Considers Raising Import Quota By 1 Million Metric Tons
China, the largest cotton user, may raise its import quota for the natural fiber as it sells more from government stockpiles to quench a supply shortfall, an industry analyst said.
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PAKISTAN: Pakistan Finds New Market for Textile Exports
KARACHI: Pakistan has found a new market for its textile exports during the current financial year, indicating a major shift from the traditional markets.
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PAKISTAN: Textile and Garment Exports Up 7% in Year-To-Date.
Textile and garment exports from Pakistan have risen 6.8% in the first 11 months of the current fiscal year, according to trade data released yesterday.
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China: Export of Textile & Clothes Exceed Expection in 1st Quarter.
The export of textile and clothes in first quarter reached 39.245 billion USD, up 15.20% year over year Of which, the textile export was 15.207 billion USD, up 26.54%; clothes 24.039 billion USD, up 9...
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Strike Hits Bangladesh Garment Industry.
Bangladesh Garment Manufacturers and Exporters Association on Tuesday decided to close down 700 garment factories across the nation
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GLOBAL: Bangladesh, China, India see rise in the Apparel Exports to EU.
Major apparel exporting nations Bangladesh, China and India all posted gains in shipments to the European Union in 2009 despite the global slump but others such as Turkey and Tunisia registered drops,...
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PAKISTAN: Yarn Exports Increased 22% in 11 Months.
The Value-added Textile Sector has disputed the claims of spinners that 20 percent of spinning units have closed down saying that the exports of yarn during the period of July-2009 to May 2010 is to t...