Ethiopia’s Adama Industrial park has started exporting its products, with Chinese textile firm Antex Group turning the first in the park to start exporting its swimwear to Europe. Antex and another firm have began operations, while three others will do soon, according to Lelise Neme, chief executive officer of the Industrial Park Development Corporation (IPDC). The park, located 93 kilometres southeast of Addis Ababa in the Oromia region, was officially inaugurated last October. Antex, w

Courtesy: Ministry of Textiles, Government of IndiaThere is a positive trend in the entire textile value chain as a result of pragmatic approach shown by the Union ministers of finance, commerce and industry, and textiles, on the issues of textile and clothing industry, the Confederation of Indian Textile Industry (CITI) has said. However, the rising imports of textile products remains one key area of worry. As per RBI Financial Stability Report – December 2018, the stressed advance ratio of

The new year 2019 is going on. Every year fashion industry gets a new look, new dimension, which could be optimistic or pessimistic for the businessman. Therefore, it is better to be familiar with the future trends as one can cope with it. 10 key trends to drive the global apparel trade in 2019Figure: Global apparel trends are changing every year. According to the State of Fashion Report, co-published by McKinsey & Company and Business of Fashion, far-sighted companies will make bold mov

Vice President M Venkaiah Naidu presenting Textiles Awards in New DelhiThe textile industry should develop a culture of innovation, diversify products and tap newer markets for increasing India’s exports share in the global market, said M Venkaiah Naidu, Vice President of India while presenting Textile Awards in New Delhi. As many as 17 persons were honoured for their outstanding contribution in different fields of textiles. Naidu also presented the Threads of Excellence Awards to various org

Karachi’s textile units, contributing 52 per cent to Pakistan’s textile exports, are facing gas shortage, according to Jawed Bilwani, chairman of Pakistan Hosiery Manufacturers and Exporters Association (PHMA). The units are compelled to work six days a week for the last few years due to weekly one-day industrial gas holiday by the Sui Southern Gas Company (SSGC), he said. The frequent low gas pressure now has aggravated the situation, Bilwani said. Competing industries in the region remai

Kitui County Textile Centre (Kicotec), a new garment factory, has been established in Syongila market, about 4 km from Kitui town along the Kitui-Nairobi highway in Kenya. The factory is modelled on the Export Processing Zone (EPZ) garment industrial unit, where it will run 24 hours on different working shifts employing more than 600 young people. The new Sh20 million ($0.2 million) factory has received 74,100 garment orders so far. The aim of establishing the factory was not only to create

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), effective since December 30, may push Vietnam to reform its economic institutions and improve the business climate to optimise opportunities. CPTPP will offer Vietnam better access to the nine large Asia-Pacific markets, thus helping diversification of markets, experts feel. As more than 90 per cent of import tariffs in CPTPP member markets have been lifted immediately after the deal took effect, it has opened

Courtesy: Usha InternationalUsha International, a leading Indian consumer durables company, has strengthened its sewing machine range with the launch of Usha Janome–The Usha Memory Craft 15000 with Digitizer MBX. The machine runs embroidery at a speed of 1000 stiches per minutes (SPM) and comes with a powerful designing software—Digitizer MBX—for creating customised embroidery designs. Making fashion forward creations easier and more enjoyable to create, the Wi-Fi enabled stitching-cum-embroi

Bangladesh’s readymade garment (RMG) supply chain continues to suffer from lack of ‘shared responsibility’ on part of global buyers although transparency of the buyers and working condition in the RMG factories have improved since the Rana Plaza building collapse in 2013, according to a survey by Germany-based Garment Supply Chain Governance Project. The survey covering 152 managers and 1,500 workers of 250 export-oriented RMG factories in Bangladesh found the fundamental business model in t

To curb imports and promote domestic manufacturing, the Indian government carried out an import analysis of textile and apparel imports. Imports of intermediate goods viz. fibre and yarn have a share of 43 per cent (approx.) in India’s overall textile and apparel imports, minister of state of textiles Ajay Tamta said in written replies in the Lok Sabha. To curb textile imports, the government raised the basic customs duty (BCD) from 10 per cent to 20 per cent on: 298 man-made fabric (MMF) fab