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The government of northwest China's Xinjiang Uygur Autonomous Region has promised policies including rent-free factories and favourable loan deals to boost the local textile industry and create 11,000 jobs this year, Xinhua has reported.
Liang Yong, deputy secretary-general of the regional government said Xinjiang would establish a fund for textile and garment companies to help them increase exports to central and western Asia, Russia and Europe.
According to the report, new companies from
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China and Nigeria share similarities in huge human and material resources, this is one of the reasons for Chinese Government to express interest in partnering with the Kwara State Government to develop a textile industrial park in the state.
This was made known at the weekend by the Chinese Ambassador to Nigeria, Gu XiaoJie, when the Kwara State Governor, Dr. Abdulfatah Ahmed, led a state delegation and a Chinese Company, Ming Bo Jin Sheng Star Company Limited, to the Ambassador in Abuja.
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Amongst all the competitive sportswear giants, Nike is upping its game with a series of new apparel technologies and an improved fitness app.
Nike's latest innovation is the all-new HyperAdapt, a trainer that ties its own laces and uses digital, electrical and mechanical engineering designed for movement. While it might sound complicated, “when you step in, your heel will hit a sensor and the system will automatically tighten,” explains Tiffany Beers, Senior Innovator, Nike, Inc., and the pr
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From ready-to-wear knits manufactured instantly to customised dresses produced on inkjet printers, Japan's apparel industry is turning to state-of-the-art technology in a bold bid to cut labour costs and secure its future.
At manufacturing giant Shima Seiki's factory in western Japan, garments materialise in minutes, thanks to digitally-programmed automated machines that can turn out a sample seam-free pullover in half an hour with a push of a button.
The WholeGarment system patented by
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Vietnam and India have made significant progress in textile and garment trade last year, Vietnamese Deputy Minister of Industry and Trade Do Thang Hai said on Tuesday.
He made the statement at the third meeting of the Vietnam-India Joint Sub-Commission on Trade in New Delhi, the Vietnam News Agency reported.
Commerce Secretary Rita Teaotia who led the Indian delegation, said the partnership between the two countries has been further developed in multiple fields, including textiles and garm
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The cotton spinning industry welcomes reduction of VAT on cotton and other yarn from 6.05% to 3.63% in the state budget proposed on Tuesday.
The spinning industry was facing tough times in Punjab due to higher VAT, as spinners from neighbouring states used to sell it at 2% VAT, with this reduction in tax rates, the spinning industry will be able to compete, said Bathinda-based Indian Cotton Association Limited (ICAL) former president Rakesh Rathi.
According to Barnala-based Trident Group
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Minister of Industry and Mining Abdessalam Bouchouareb, in his address at the Algerian Textile Forum held on Monday in Algiers said that the Government's industrial development strategy aims at boosting the sector of textile and leather, which represents a market of US$4 billion in Algeria, but very "poorly exploited.
They are preparing three to five public-private partnership agreements on projects in textile industry. The participation of foreign partners is necessary to win back the domest
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Renewed buying interest was witnessed on the cotton market on Tuesday as some needy spinners moved in to replenish their stocks.
Floor brokers said delay in early sowing of crop in Punjab created nervousness among spinners who were running short of cotton stocks.
Expected higher cotton consumption in the world induced sentiment as spinners strived hard to get hold of quality lint. However, ginners seemed to be in no hurry to sell their stocks.
Nevertheless, steady flow of
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Stakeholders in the cotton economy and textile industry have urged the government to take necessary measures to help boost cotton production, which stands short by 4.7 million bales year-on-year during this season.
Speakers at a one-day cotton conference organised by the Karachi Cotton Association (KCA) on Tuesday criticised government’s “apathy and lack of interest” towards issues facing the agriculture sector in general and cotton crop in particular.
The All Pakistan Textile Mills Associ
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The fair price of B-Twill sacking (jute bags) for government supply has been revised from Rs 86,000 to Rs 86,789 a tonne. This was announced in January by the Jute Commissioner’s office. Revising the price gives clear indication that steps taken by the both state and centre has failed to stem continuous rise in the raw jute price since last few months.
Sources in the jute industry said that JC may have revised the price to encourage IJMA to pull out of the case against the fair price order o