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Malaysia’s MPMA, FMFTA gear up to address PPE shortage
The Malaysian Plastics Manufacturers Association (MPMA) and the Federation of Malaysian Fashion, Textile and Apparel (FMFTA) are stepping up efforts to fill the supply chain gap for key personal protection equipment (PPE) in the country.
End GST disparity to gain global share
India’s textile exports have plateaued during the past five to seven years. The domestic textile and apparel industry, including handicrafts, stood at $140 billion in 2018, of which $40 billion was exported to the world market.
Sacombank, VITAS tie-up to boost textile sector
Vietnam’s Sacombank recently signed an agreement with the Vietnam Textile and Apparel Association (VITAS) to support the latter’s activities to boost the textile and garment sector.
Textile exports rise $35.67 billion in 2017-18
The exports of textiles item have increased to $35.67 billion in 2017-18. The Government has fixed export targets for textile and apparel including handicrafts for 2018-19 at $47.29 billion.
Building a new-age textile industry
In future, China’s share is expected to further reduce because of gradual shift of global buyers from there due to rising manufacturing costs in China and availability of other lower cost destinations in other region.
Textile export from Vietnam to hit $31 bn
Despite facing difficulties, the garment and textile sector in Vietnam is expected to export products worth $31 billion this year, a year-on-year increase of 10.2 per cent, and the outlook is bright for next year too, the Viet Nam Textile and Apparel Association (VITAS) has said.
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