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Afghans exhort India to invest in carpets
Afghan investors who will attend the India-Afghanistan Trade and Investment Show in Delhi in September say they will urge Indian businessmen to invest in their carpet industry with the help of the United States Agency for International Development (USAID) and the Indian Government, which, they want, should establish a free market for Afghan carpets in India.
Textile exports: Yesterday, today & tomorrow
India is changing its colour from traditions to fashion and textile and apparel industry is the best observer to witness the same. We are growing and expanding to be precise we are developing beyond boundaries. From a country once considered only as a farmers land. India today has explored and is competing in each and every segment from textiles to electronics, our presence is dominant everywhere.
Cotton prices may fall due to increased supply
The International Cotton Advisory Committee Secretariat has forecast that the season-average Cotlook A Index in 2016/17 will range between 66 and 83 cts/lb, with a midpoint of 74 cts/lb, which would be 4 cts/lb higher than last season.
Cambodian garment exports to US dips
Cambodia’s export to the US is hitting snags, with the garment and footwear exports from Cambodia to the US falling by eight per cent during the first half of the year. Garments comprise the largest component of Cambodia’s export basket to the United States, the country’s biggest single country export market.
$317-mn hub for next-gen textiles in US
Aprivate-public collaboration will invest $317 million towards developing next generation textile industry in the United States. According to a just released statement from the U.S. Department of Defense, a consortium of 89 universities, industry and non-profits organised Cambridge, MA-based Massachusetts Institute of Technology (MIT) will form the “New Revolutionary Fibres and Textiles Manufacturing Innovation Hub.”
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