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  • Cotton Association of India (CAI) has retained its cotton crop estimate for the ongoing crop year 2017-18 at 365 lakh bales of 170 kg each, i.e. at the same level as in its estimate made in the previous month. The carry-over stock at the end of the season is projected at 22 lakh bales, CAI said in its August estimate for the season beginning October 1, 2017. CAI estimates the total cotton supply up to August 31, 2018 at 407.50 lakh bales, which includes the arrival of 358.00 lakh bales up to
  • Courtesy: Graf Graf + Cie will show its wide portfolio of textile solutions at ITMA Asia 2018, in hall 1, booth D01. The international textile machinery exhibition will held in Shanghai, China from October 15-19, 2018 at the National Exhibition and Convention Centre. Graf + Cie is a supplier of clothings and combs in the field of carding, combing, and nonwoven processes. Graf’s new products and product systems always have one goal: to strengthen the customers’ position in their markets. Gra
  • Investor of Indian origin Javid Merchant recently met ambassador Joseph Ocwet, director general of external security organisation in Uganda, in connection with his investment of over $10 million in pharmaceutical and textile industries there. The two met at the office of the president as Merchant awaits allocation of land in an industrial park. This was Merchant’s second visit to Uganda to carry out feasibility studies, according to an Ugandan daily. The pharmaceutical plant will in its
  • Vietnamese garment manufacturers are increasingly investing in new technologies and focusing on developing novel products to recapture the domestic market, which is dominated by international brands at present. They are expanding their retail networks, creating original designs and supplying those to foreign brands as part of value-addition. In 2016, Pham Thanh Tung-based Duc Giang Garment Company (Dugaco) set up a fashion centre to design, make samples, manufacture and distribute high-quali
  • Philippine garments exporters expect $250 million worth orders from Chinese buyers this year that will generate up to 3,000 jobs, according to the Foreign Buyers Association of the Philippines (FOBAP). This is because Chinese importers have turned to the Southeast Asian nation due to its competitive labour rates and export-facilitating initiatives. According to FOBAP president Robert Young, the trend is a result of the US-China tariff war. Regional rivals have increased their minimum wages,
  • Vietnam gained a year-on-year increase of 24.88 per cent in textile and garment export to South Korea that was worth $1.5 billion between January and July this year, according the country’s department of customs. China and Vietnam were the two largest garment suppliers to the South Korean market, accounting for 34.46 per cent and 32.67 per cent respectively. The export value of those products to the South Korean market reached $270.7 million in July, a rise of 24.18 per cent over figures in
  • Shinta Indah Jaya, a leading producer of quality knitted fabrics, may target Russia and Brazil as potential growing new markets for Indonesian exports. While the growth of the apparel market is stagnating in the EU, US, and Japan, countries like China, India, Russia and Brazil are emerging as apparel retail markets, said a top official from the company. “The current global apparel market is estimated to be $1.15 trillion, which forms nearly 1.8 per cent of the world GDP. Almost 75 per cent o
  • Courtesy: Sun chemical Sun Chemical will increase prices across its entire portfolio of ink, coating, and consumable products in North America, effective October 1, 2018. Sun Chemical, a member of the DIC group, is a leading producer of printing inks, coatings and supplies, pigments, polymers, liquid compounds, solid compounds, and application materials, based in the US. A combination of ongoing raw material supply disruptions, the escalation of transportation costs, and governmental initia
  • Nandan Denim Limited, India’s largest denim fabric manufacturer, has announced that the application for the sanction of various incentives (interest, power, VAT/GST) under Gujarat State Textile Policy, 2012, has been approved. It expects to save 65 crore on account of interest and power subsidy over a period of five years starting from December, 2016. The company is entitled for GST/VAT refund of up to 340 crore for a period of eight years starting from December, 2016. The government of Gujar
  • Courtesy: Pure London Pure London 2019’s Festival of Fashion will launch its new campaign ‘Redefining Disruption’ for the fashion community. With an international audience, the three-day seasonal show will help the attendees navigate global issues in the fashion industry. The event for womenswear, menswear, accessories, and young fashion will be held from February 10-12, 2019. Pure London will focus on the key points of the campaign namely; Be Bold, Be Brave, Take a Stand, Embrace the chang
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