MARKET & ECONOMY​

The Textiles Minister Smriti Irani presented the AEPC Export Awards 2015-16 in 22 categories. The awards were divided into multiple categories and the key awards were given to Shahi Exports, Orient Craft, Gokaldas Exports, (Bangalore).

The third edition of BSTIM, a show for the fashion industry, will be held in Igualada, a textile city near Barcelona, where 145 factories and 2,500 industry professionals are located, from 22-23 February 2017. T

India is marching towards self-reliance in raw silk and plans to bring down imports to zero level by 2020, according to K M Hanumantharayappa, Chairman, Central Silk Board (CSB).

The government of Bangladesh has decided to modernise 24 public sector jute mills with Chinese funding. For several years, state-owned jute mills have been loss-making units and in the last fiscal year their losses amounted to Tk 588 crore.

Vietnam’s textile and garment exports this year are estimated to reach $28.5 billion, meeting roughly 92 per cent of the set plan due to market difficulties, the Vi?t Nam Textile and Apparel Association (Vitas) reports.

The European Parliament is poised to approve a textile agreement with Uzbekistan, which is expected to lead to an increase in textiles imports from the country, despite ongoing concerns about the use of forced labour in cotton harvest.

The global leader in jeans and casual apparel, Wrangler Jeans has revealed it has reached a milestone by having saved 3 billion liters of water since 2007, and has also announced methods to reduce water usage at its facilities by 20 per cent by 2020.