Suits and blazers have emerged as one of the most promising value-added apparel items from Bangladesh as local entrepreneurs train their focus on grabbing a share of the $52 billion tailoring market. Bangladesh's men's tailoring industry now exports $200 million worth of products, up from about $20 million even 3-4 years ago. Even five years ago, there was only one suit manufacturing factory in Bangladesh. Now, the number is more than six, said Humayun Rashid, managing director of Energ

The Telangana state government recently directed all district collectors to take stringent action against sale and supply of unapproved herbicide tolerant (HT) cotton variety developed by Monsanto and directed them to immediately destroy the produce. The state is concerned over widespread cultivation of this genetically-engineered cotton seed by farmers. State principal secretary C Parthasarathi, in his letter to district collectors, said the cotton variety under the commercial name Round-up

Thefirst edition of 2017 Myanmar International Textile Expowill begin on December 8, 2017 and will be held at Tatmadaw Exhibition Hall, Yangon,Myanmar. Hosted by Department of Commerce of Zhejiang Province and China Chamber of Commerce for Import and Export of Textile and Apparel(CCCI), the fair will meet the strong demands for fabrics of garment makers in Myanmar, andwill help to increase the growth of exports as well. Around 150 exhibitors from China,are expected to attend the event and

urkey is holding the second place as largest exporter of socks, accounting for 10% of world socks imports in 2016, following China, the world’s largest socks maker, which meets 40% of the world socks exports alone. Turkey surpasses Italy in sock exports, according to Ozkan Karaca. There are more than 300 socks factories in Turkey with medium and large-scale production capabilities. In addition, there are many small-scale workshops that manufacture for the internal market. Turkish socks indust

Following the excellent South African wool season experienced in 2016/17, which was one of the best in decades in terms of price and production, producers and industry leaders are confident that wool will continue to perform well in 2017/18. Anthony Kirsten, chairman of the South African Wool and Mohair Traders Association, explains that the market is expected to remain buoyant. "South Africa has become entrenched as a reliable supplier of wool to China and the Czech Republic and as long a

Export-oriented industries enjoyed tax exemption worth Tk34,880 crore in import of raw materials in last fiscal year of 2016-2017 under the bonded warehouse benefit offered by the National Board of Revenue. The amount is more than 77 per cent of total customs duty of Tk45,193 crore collected in the year. Readymade garment industries availed the highest — 96 per cent or Tk33,612 crore — in exemption in taxes and duties through duty-free import of raw materials in the year. Under the b

Over 10.132 million bales of cotton have arrived in 2017-18 season at various ginneries in Pakistan, as on December 1, 2017, up 3.62 per cent over arrival of 9.778 million bales during the corresponding period of last season, according to the latest fortnightly report on cotton arrivals, released by Pakistan Cotton Ginners’ Association (PCGA). In the major cotton producing province of Punjab, total cotton arrivals decreased by 0.83 per cent year-on-year to 6.107 million bales, according to th

Denim manufacturers in India, led by the New Delhi based Denim Manufacturers Association (DMA), have requested the Central government to immediately announce increased support in the form of some enhancement in present duty drawback rates and extending some more benefits under various schemes such as ROSL, MEIS, Focus Product, Focus Market, etc. The denim fabric manufacturing industry, which used to be the sunrise industry in the entire textile value chain of India, is currently under stress

The West Bengal directorate of textiles recently decided to set up a mega carpet cluster at Malgaon village in Kaliaganj block of West Bengal’s North Dinajpur district where weavers have been stitching Banarasi-style carpets since the 1980s with little recognition. Work will start after the government approves the nearly-complete detailed project report. About 300 women weave carpets in that village at present under the Malgaon Handloom Cluster Development Society, formed in 2009. Beside

The Telangana state government recently directed all district collectors to take stringent action against sale and supply of unapproved herbicide tolerant (HT) cotton variety developed by Monsanto and directed them to immediately destroy the produce. The state is concerned over widespread cultivation of this genetically-engineered cotton seed by farmers. State principal secretary C Parthasarathi, in his letter to district collectors, said the cotton variety under the commercial name Round-up