Browsing: Industry Update

After investing in a slew of start-ups via his company YouWeCan Ventures, cricketer Yuvraj Singh is now launching his own clothing line YWC. The brand will concentrate on athletics or sports-inspired wear.

A fabric touch tester and an imaging colour measurement system for textile and garment industry developed by Hong Kong Research Institute of Textiles and Apparel (HKRITA) have the potential to become industry testing and measurement standards in the textiles industry.

Chinese investor Jiangsu Dongqun Investment Holding Group has expressed its intent to invest $100 million in the development of textile industry and textile products (TPT) in Indonesia.

Exports of textiles and garments from Sri Lanka increased by 4.5 per cent year-on-year in the first six months of this year.

India has signed an agreement with Chile to expand the India-Chile Preferential Trade Agreement (PTA), marking a 10-fold jump in the number of products to be traded on concessional duty rates.