Stewarts of America Inc and Basant Wire Industries (Pvt) Ltd of Jaipur are pleased to announce that their longstanding partnership has now resulted in an agreement whereby Stewarts of America Inc has provided all intellectual property, manufacturing know how, and machinery for the production of open end spinning components.
Browsing: Industry Update
A leading sports technology delegation from the State of Victoria, Australia visited India from May 9-13 to embark on their first sportstech trade mission with the aim of forging partnerships with their Indian counterparts.
Spykar, the largest and most popular Indian jeanswear brand is amidst an incredibly exciting moment this year. The Brand is associated with the Rising Pune Supergiants (RPS), the new IPL team led by Mahendra Singh Dhoni for the seasons – 2016 and 2017.
The Free Trade Agreement between India and EU will be signed at the earliest since the dialogues between the two countries have been revived, said Rashmi Verma, Union Secretary (Textiles), said at the inaugural of the 42nd India Knit Fair.
China continues increasing its share in global exports market, despite rumours that its grip on the export markets has been slipping. Only shift is in the product mix, which is becoming increasingly sophisticated and high-tech. Last year, China recorded its first decline in export value since the financial crisis of 2009.
While Bangladesh, India and Pakistan are expecting higher exports of readymade garment (RMG) to the U.S. and European Union (EU), exports from the East Asian giant China and start-ups Cambodia and Vietnam are the on decline.
Denim brands and retailers have made a sea-change in sourcing strategies in the first quarter of 2016, according to data released last week by the International Trade Administration’s Office of Textiles and Apparel, or OTEXA.