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The Russian government plans to significantly increase Russian exports of textile and technical textile products to foreign markets over the next few years, officials have told WTiN.
Planned export volumes have not yet been disclosed. However, according to some sources close to the ministry of industry and trade, the government is targeting an increase of 100,000-150,000 tonnes in 2017-2018, with the possibility of a three to four-fold increase over the next few years.
To stimulate export
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The 2017 Hanoi Textile and Garment Industry Expo (HANOITEX 2017) opened at the International Centre for Exhibition on Tran Hung Dao street, Hanoi on November 1.
The annual event draws over 150 companies from 15 countries and territories, including China, Germany, India, Indonesia, Italy, the Republic of Korea, Malaysia, Pakistan, Singapore, Turkey, the UK, the US, and Vietnam.
The three-day event is showcasing textile-garment machinery and equipment, high-quality silk and fabrics, dyeing e
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China's economy will maintain steady growth this year, with a full-year gross domestic product growth of 6.8 percent , 21st Century Business Herald reported citing a government think tank report released Tuesday.
The GDP growth is expected to be 6.8 percent considering R&D expenditures, and 6.6 percent excluding that item, according to the economic blue book published by the Institute of Economics at the Chinese Academy of Social Sciences.
The book said China's economy has had stable g
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The US fashion industry will convene in New York City on 15 November, for the 29th Apparel Importers Trade & Transportation Conference, hosted by the United States Fashion Industry Association (USFIA) and American Import Shippers Association (AISA).
This event will bring together several hundred executives working in compliance, logistics, sourcing, supply chain management, government relations, and social responsibility to discuss trade and transportation policy. The conference marks the
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The Industrial Fabrics Association International (IFAI) began almost a century ago as a group of manufacturers focused on canvas and tent structures. With headquarters based in Minneapolis, the organisation today is much broader in its reach, now including geosynthetics, medical and digital textiles. Its annual expo is held in a different North American city each year, with Expo2017 held in New Orleans. Locating the trade show in cities across the country brings a different emphasis and visitors
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Textile machinery imports into the country increased by 26.53 percent during the first quarter of current fiscal year (July-September) as compared to the same period of last year, according to Pakistan Bureau of Statistics (PBS). According to the data provided by the PBS, textile machinery worth $146,384 were imported during the first quarter of current year as compared to $115,694 of last year. Construction and mining machinery worth $100,524 were imported during the first quarter of current ye
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British luxury retail band Burberry has announced the exit of its president and chief creative officer Christopher Bailey at the end of next year. Christopher will maintain his position until March 31, 2018. Bailey will provide his full support to chief executive officer Marco Gobbetti and the team on the transition until December 31, 2018.
"Burberry has undergone an incredible transformation since 2001 and Bailey has been instrumental to the company's success in that period. While I am sad n
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Pakistan’s commerce and textile minister Muhammad Pervaiz Malik recently informed the senate standing committee on commerce and textile industry of his resolve to revive the textile sector through the PKR 162-billion trade enhancement package announced by the former prime minister. The committee meeting was chaired by senator Syed Shibli Faraz.
After the execution of trade enhancement package, the ‘zero rating’ for textile sector would be introduced, senior commerce ministry officials told t
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Myanmar SUMEC Win Win Garments Co. Ltd, Myanmar’s largest garments exporter and a subsidiary of SUMEC Textile and Light Industry Co. in China, recently opened a new factory in Shwe Pyi Thar industrial zone in Yangon. More Chinese firms are now investing in Myanmar with its economy opening up, Chinese ambassador Hong Liang said at the inaugural function.
The new factory is designed to host 50 production lines — 40 operational at present — with the annual capacity to produce 4 million pieces o
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The Indian Government has invested Rs 690 crore in projects in 24 districts under the North East Region Textile Promotion Scheme (NERTPS) to counter China’s growing silk production, Central Silk Board (CSB) chairman KM Hanumantharayappa has said. Six such projects are in Assam, one in Sikkim, two each in Meghalaya and Manipur and the rest in other states.
The scheme is being implemented under two broad categories: the Integrated Sericulture Development Project (ISDP) and the Intensive Bivolt