Surat, which is famed to house India’s largest man-made fabric (MMF) hub, is in for bad times with the Indian Finance Ministry’s decision to impose definitive anti-dumping duty on purified terephthalic acid (PTA) imports from China, Iran, Taiwan, Indonesia and Malaysia.
Browsing: Industry Update
The Union Textile Minister Smriti Irani has announced the launch of a national helpline for weavers that would also be a census of concerned workmen.
Technosmart, a new revolutionary fabric from Raymond is expected to boost the company’s fortunes with the management targeting a business of Rs 100 crore in the next one year.
The India’s Ministry of Skill Development and Entrepreneurship (MSDE) and the Ministry of Textiles have signed a memorandum of understanding (MoU) to develop the Indian handloom industry with skill development.
The number of UK companies manufacturing textiles and apparel rose sharply last year, according to a new report of UK Fashion and Textiles Association (UKFT), confirming the growing momentum of ‘Made in Britain’ movement.
Most global brands doing business in Bangladesh have decided to stay put in the country. Serial attacks on the foreigners by the Islamist extremists have not deterred them from continuing business, and they have emphasised their willingness to buy products from Bangladesh?s garment sector.
Most global brands doing business in Bangladesh have decided to stay put in the country. Serial attacks on the foreigners by the Islamist extremists have not deterred them from continuing business, and they have emphasised their willingness to buy products from Bangladesh?s garment sector.