Although December futures have been testing higher values, they have yet to break decisively above resistance near 68 cents/lb and were range-bound over the past month with values trading between 65 cents/lb and 68 cents/lb.
Browsing: Industry Update
The 8th Asian Textile Conference (Atexcon), being organised by The Confederation of Indian Textile Industry (CITI) will be held on 22nd & 23rd September 2014 at Hotel Westin, Mumbai, India. The U.S. Foreign Commercial Service, Department of Commerce, USA is the supporter of the 8th ATEXCON.
Arvind announced that its subsidiary Arvind Lifestyle Brands Ltd, has tied up with Gap Inc., to open Gap stores in India. The first stores are expected to open in India?s two largest cities ? Mumbai and Delhi.
The Cotton Association of India (CAI) has placed the cotton crop for the season 2013-14 beginning on 1st October 2013 at 400.50 lakh bales of 170 kgs. each.
The Cotton Association of India (CAI) has placed the cotton crop for the season 2013-14 beginning on 1st October 2013 at 400.50 lakh bales of 170 kgs. each.
Arvind Internet Ltd (AIL), a start-up by the Arvind group, is ready to revolutionise fashion & retail across India this year with its online custom clothing brand ? Creyate. Kulin Lalbhai, Executive Director of Arvind Ltd, is driving the e-commerce initiative at the company, which will be a major growth driver for Arvind moving forward.
Over the last 10 years, India?s textile and apparel exports have grown at the rate of 11 per cent. After the phasing out of export quotas in 2005 India?s export performance has been below expectations. Vietnam and Bangladesh have shown remarkable success.