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EU proposal may affect Bangladesh garment exports
November 2021
A proposal by the European Union may affect Bangladesh's apparel shipment to the bloc even if the country is awarded the Generalised System of Preferences (GSP) Plus status after becoming a developing nation.
60% garment workers to lose jobs in Bangladesh by 2030
November 2021
A study by a2i and the International Labour Organization (ILO) predicts that 60.8% of garment workers in Bangladesh will lose their jobs to automation by 2030.
Andhra Govt approves Rs 21 bn investment for industries
November 2021
The State Investment Promotion Board (SIPB), which met under the chairmanship of Chief Minister YS Jagan Mohan Reddy on Tuesday, gave its approval to five major industries with a total investment of Rs 21.34 billion.
NITMA demands ADD on imported polyester spun yarn
November 2021
NITMA demands level playing field for the domestic Polyester Spun Yarn (PYS) makers as the PSY imports is at zero duty under ASEAN FTA from Indonesia & Vietnam, whereas polyester staple fibre is not included in the FTA which is cleared at full duty rate of 5%.
Cotton production vis-a-vis price
November 2021
Demand, speculation and consumer awareness on natural fibers are all driving the cotton price, while new crop situation is healthy, says Dr Seshadri Ramkumar, Professor, Texas Tech University, USA
Telangana wants mega powerloom cluster in Sircilla
November 2021
Handlooms and Textiles Minister of Telangana KT Rama Rao on Sunday sent the eighth letter requesting expeditious sanction of a mega powerloom cluster for Sircilla district under the Comprehensive Powerloom Cluster Development Scheme.
India can become fashion hub of the world: Piyush Goyal
November 2021
With the fast-growing fashion industry in the country, India has the potential to become the fashion hub of the world, Union Minister Piyush Goyal has said.
Reliance Retail acquires lingerie brand Amante
November 2021
Reliance Retail has fully acquired Amanté lingerie brand from its Sri Lankan owner, MAS Holdings, for an undisclosed amount.
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