Thanks to the US President Donald Trump’s decision to withdraw from the Trans-Pacific Partnership (TPP), Cambodia’s domestic garment and footwear industry is expected to get a boost, according to the Garment Manufacturer’s Association of Cambodia (GMAC).
Browsing: Industry Update
MAG celebrated its Silver Jubilee on November 9, 2016. All the eminent personalities who had supported MAG through these years graced this occasion with their presence.
Thanks to the demonetisation, the Indian textile and apparel industry has lost 30-40 per cent of business. Apparel sale in domestic markets had stopped in the initial days and recovered gradually.
During the first nine months of the current year, Indian apparel exports have declined by (-) 0.08 per cent to $2,876.59 million as compared to $2,878.79 million in the corresponding period last year. I
Kenya plans to revive its cotton industry, a major foreign-exchange earner until the 1980s, amid strong demand for lint from domestic mills and the potential to supply manufacturers exporting clothing and textiles to the U.S. under a preferential trade deal.
The European Union is likely to clinch a textile protocol with Uzbekistan only if it is satisfied Uzbekistan has made progress in scaling back the use of child labour. The EU wants the practice of forced labour and child labour to be eradicated from the national to the local levels.
Novibra, the leading company in spindle technology and the biggest exporter of spindles worldwide, will present several innovative solutions for spinning mills at ITME in Mumbai.