Browsing: Industry Update

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.

The C 70 card is one of Rieter’s most successful products. On April 28, 2016, Rieter presented a crystal cube of the C 70 card No. 3333 to the Chinese customer Kashi Xinyue Textile Co Ltd. Rieter launched the C 70 card in 2010.

Attracting more than 7,000 attendees and 555 exhibitors, IDEA16 broke all prior exhibitor and attendee records for its recently wrapped up triennial event May 2-5 at the Boston Convention & Exhibition Centre. Attendees from more than 60 countries came to the City of Science for three days of exhibits, market intelligence, education and face-to-face interaction.

ITM 2016 International Textile Machinery Exhibition and concurrent HIGHTEX 2016 International Technical Textile & Nonwoven Trade Fair—expected to attract 1,200 exhibitors and more than 60,000 visitors from 72 countries—will be held at Tuyap Fair Convention and Congress Center on June 1-4, 2016.