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Indian home textiles industry banking on exports
Business from overseas markets has been a major contributor to the growth of Indian home textiles industry. Covid 19 and the US-China spat can be instrumental in further increasing India’s share in the global home textiles market, says Rakesh Rao.
Exports from Cambodia to the US soar by 17% in Q1
According to US Census Bureau, exports from Cambodia to the US were $6.6 billion in 2020, which was 22.79% higher than that of last year. Q1 of this year saw total exports of $1.86 billion even amid stoppages.
US buyers giving tough time to Vietnam textile firms
US companies are giving tough time to Vietnamese garment producers by not clearing their dues. For May Song Hong, dues outstanding with the American companies have risen by 19.5% in the first quarter.
Data as a weapon to fight climate change
Arguably, business as usual in the fashion industry is not sustainable. The industry produces 8 percent of global greenhouse gas emissions while generating 1-1.5 percent of global GDP.
NCTO welcomes president Biden’s COVID-19 action plan
NCTO welcomes president Biden’s covid-19 action plan and executive order directing federal agencies to utilise the defense production act to address shortages of personal protective equipment (PPE) and related vaccine supplies.
Sustainability - Prime Focus for the US Cotton Industry
There has been increasing interest in sustainability among brands and consumers globally. The US cotton industry has always had a sustainability-focused approach and has comprehensive systems to reduce environmental impact.
Trust Protocol welcomes its first Latin America members
The US Cotton Trust Protocol welcomed its first Latin America-based members. Among other benefits, membership enables these mills and manufacturers to prove that the cotton fibre element in their textiles is more sustainably grown.
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