The GST council has reduced the tax rate on job work on all textile-related items to five per cent from 18 per cent to ensure that the labour-intensive sector is not adversely impacted under the new tax regime.

Leading industrial thread manufacturer Coats has announced that its revenue has gone up 5 per cent on a CER basis to $740 million for the six months ended June 30, 2017. The company also reported a strong growth of 7 per cent in industrial division across both apparel and footwear (5 per cent), and performance materials (18 per cent).

The Haryana Government’s Skill Development and Industrial Training Department is considering providing skill training to about 1,33,100 youth this fiscal as part of efforts to augment employment opportunities in the State. The sectors include garment and textiles, beauty and wellness, agriculture and retail.

Confusion following the nationwide implementation of GST seems to have impacted sales at the Central Government-run Khadi Gram Udyog outlets in Goa. Until now, all items sold at such outlets were exempted from taxation.

Zeven, the multi-dimensional sportswear brand, in association with The Woolmark Company, has brought to Coimbatore, innovative products using merino wool.

The Vietnamese textile and apparel industry attracted more than $750 million in FDI in the first six months of 2017, mostly from investment capital increases in existing projects, despite a reduced number of FDI projects in recent years and the US withdrawal from the Trans-Pacific Partnership (TPP) last January.

CMYUK, the UK’s leading independent supplier of digital print technology and materials, has announced that it will be offering HP’s full range of latex and flatbed printers, effective August 1, 2017. Under the terms of the agreement, CMYUK will sell and support the full range of range of HP large format flatbed printers and HP Latex printers.

The Bangladesh government has taken eight jute and textile mills back from the private sector as they violated major conditions that were set when the State-owned mills were handed over. For a long time, the authorities had kept these enterprises closed after taking them over from the government, according to the jute and textile ministry of the country.

Two more American apparel brands are now capitalising on the technical textile finishing products from the Swiss technology innovator HeiQ, joining their extensive list of more than 150 brand partners.