With manmade fibre (MMF) having 70 per cent share in global fibre consumption, it has become important for India to focus on manmade textiles along with cotton textiles to achieve the growth target of $300 billion market by 2025, said CITI. Moreover, the growth of cotton is limited owing to insufficient agricultural land availability and price volatility. Expressing concern over rising imports of manmade textiles post implementation of GST, CITI chairman Sanjay K Jain has suggested that the g

India will soon announce World Trade Organisation (WTO)-compliant measures to boost export of apparels and textiles that will help exporters compete with Bangladesh and Vietnam, which get zero-duty access to the European Union, said textiles secretary Raghvendra Singh. Discussions have been held with the departments of commerce and revenue regarding that, he said. The textiles ministry is working on the recommendations of the committees set up to examine the WTO compatibility of the schemes,

Canada Goose Holdings Inc, world’s leading makers of performance luxury apparel, will open its second factory in Québec and eighth wholly-owned manufacturing facility in Canada, a testament to its continued commitment to keep production of its core down-filled jackets in Canada. The firm is expected to create more than 650 new jobs in next two years. This new production facility follows shortly after the company's successful opening of its manufacturing facility in Boisbriand, Québec in 2017

Courtesy: PxhereThe Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved continuation of the Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS) beyond 12th Plan for three years from 2017-18 to 2019-20, with a total outlay of 2,900 crore. The scheme will facilitate technology up-gradation to MSMEs. CLCS-TUS aims at improving the competitiveness of MSMEs by integrating various ongoing schematic interventions aimed at upgrading tech

Courtesy: Shima SeikiLeading Japanese computerised flat knitting machine manufacturer, Shima Seiki, will exhibit at the Garment Technology expo (GTE 2019), in booth C7. GTE, India’s largest and comprehensive exhibition on apparel and knitting technology, will be held from February 22-25, 2019, in New Delhi. It will offer a complete sourcing platform to apparel manufacturers. As pioneer of Wholegarment knitting technology whereby an entire garment can be produced in one piece on the machine w

Courtesy: PR NewswireA US Navy veteran who served in the Vietnam War has set up a clothing company, Apparel by Home Run, which makes stylish performance fishing gear. Eighty-year-old Glen Newell has immense knowledge and a passion for fishing. The company is the result of Newell spending a large portion of his life on the water and his keen eye for performance fishing gear. Newell fell in love with Louisiana and what the Sportsman's Paradise offered him. Expanding on his affinity for fishing

Courtesy: Cotton Egypt AssociationCotton Egypt Association, as part of a renewed drive to increase product sustainability and improve conditions for the Egyptian Cotton supply chain workers, has partnered with United Nations Industrial Development Organisation (UNIDO). Under the framework of The Egyptian Cotton Project, it has launched Better Cotton Initiative (BCI) pilot project in Egypt. "Cotton Egypt Association is dedicated to creating a sustainable supply chain which supports the welfare

Courtesy: HanesBrandsHanesBrands, a leading global marketer of everyday basic apparel under world-class brands, has earned an A- score and took a leadership position in the CDP 2018 Climate Change Report. The company scored in the top 6 percent of nearly 7,000 companies that participated in the most recent report and achieved the highest score in the apparel industry. Receiving nearly across-the-board scores in the A range, Hanes’ performance was also higher than the company’s reporting secto

India’s cotton yarn and fabric exports are struggling because of the duty disadvantage faced by the Indian exporters in major markets, pointed out the Confederation of Indian Textile Industry (CITI). There has been continuous decline in exports of cotton yarn and fabric during 2013-14 to 2017-18. Cotton yarn exports fell by 25 per cent during the period. "Indian spinning mills performed well in exports during 2013-14 when the cotton yarn was covered under schemes such as 2 per cent incrementa

Courtesy: PxhereIndia’s annual rate of inflation, based on monthly wholesale price index (WPI), eased to ten-month low of 2.76 per cent for the month of January 2019. The index for apparel rose by 1.3 per cent to 140.2 in January, according to the provisional data released by the Office of the Economic Adviser, ministry of commerce and industry. The official WPI for all commodities (Base: 2011-12 = 100) for the month of January 2019 declined by 0.7 per cent to 119.2 from the previous month’s