More than 200 textile weaving units will be set up in the newly developed Bardoli-II Industrial Estate in Miyawadi village of Bardoli zone of Surat district in Gujarat, according to top officials of the Gujarat Industrial Development Corporation (GIDC). Several micro, small, and medium enterprises (MSMEs) will make investments to the tune of 200 crore there. The estate is 48 km from Surat, India’s biggest man-made fabric manufacturing hub. The weaving units will install power looms, jacq

Representatives from India’s Export Promotion Council for Handicrafts (EPCH) met the country’s commerce secretary Anup Wadhawan recently to discuss issues faced by exporters to Iran, especially due to due to sanctions imposed by the United States. The problems include difficulties in claiming duty drawback and goods and services tax (GST) refund. According to EPCH executive director Rakesh Kumar, banks are refusing to accept shipping documents presented by exporters shipping to Iran for clear

The Indian government has imposed an anti-dumping duty ranging between $128.06 per tonne and $719.44 per tonne for five years on import of nylon filament yarn from Vietnam and the European Union (EU). The duty has been imposed following recommendations by the Directorate General of Trade Remedies (DGTR), the investigation arm of the commerce ministry. In its probe, the DGTR has stated that nylon filament yarn (multi filament) has been exported to India from the EU and Vietnam below normal val

The International Monetary Fund (IMF) has projected a 7.3 per cent growth rate for India this fiscal and 7.4 per cent in the next in its World Economic Outlook (WEO) report. India’s growth rate in 2017 was 6.7 per cent. This acceleration reflected a rebound from transitory shocks with strengthening investment and robust private consumption, according to IMF. With a strong medium-term growth prospects of 7.75 per cent because owing to ongoing structural reforms, the projections are slightly l

Courtesy: Klarna H&M and Klarna have entered into a partnership to further integrate H&M’s digital and physical stores to give customers a personalised shopping experience, no matter where, when, and how they shop. The partnership will deliver an unrivalled experience that will delight H&M customers across all touch-points, with a frictionless checkout across all channels. The partnership will power the H&M club payment programme, provide an enhanced omni-channel customer pa

The Atal Incubation Centre (AIC) at the National Institute of Fashion Technology (NIFT)-Tiruppur Exporters' Association (TEA) Knitwear Fashion Institute in Tirupur has signed a memorandum of understanding (MoU) with the Avinashilingam University for skill training in knitwear for employment. It will also support the trainees to market innovative products. The centre, which already has an agreement with the VLB Janakiammal College of Arts and Science for the same programme, plans to collaborat

Bangladesh labour leaders recently complained that readymade garment (RMG) factory owners have started laying off workers after announcing setting the wage floor at Tk 8,000 following a new wage structure implemented by the government. The new wage would be effective from December. The new wage structure for the RMG workers, however, is yet to be finalised. Just after the primary announcement of the wage for the lowest-grade workers, the factory owners started forcing operators to complet

The Cotton Association of India (CAI) has maintained its September estimate for the cotton crop at 365 lakh bales of 170 kg each for the season 2017-18 ending September 30, 2018. The estimate has continued with the same level as in the previous month. Further, CAI has estimated the shipment of cotton up to September 2018 at 69 lakh bales. The projection for total cotton supply up to September 30, 2018 was 416.00 lakh bales which consists the arrival of 365.00 lakh bales up to September 30, 20

Courtesy: Centric Software Bombas, the innovative, comfort-focused sock brand that donates a pair of socks to homeless shelters for every pair sold, has selected Centric Software’s Product Lifecycle Management (PLM) solution. Centric Software provides innovative enterprise solutions to fashion, retail, outdoor, and consumer goods companies to achieve digital transformation goals. Bombas is a swiftly growing company with plans to expand into new product categories in the near future. Accordi

Courtesy: Kornit Digital Kornit Digital has opened a new North American Headquarters and Experience Centre in Englewood, New Jersey. This will give the company opportunity to showcase and demonstrate its complete line of digital textile printing systems, consumables, and accessories to customers, partners, and innovators considering adding such technology to their print strategies. The new North American Headquarters and Experience Centre represents the company’s significant investment in t