The Zambian Government is determined to revamp the textile and garment subsector because of its huge potential to spur economic diversification.

The Rs 30,000-crore Indian denim industry, which has been growing 15 per cent annually for the last five years, is expected to be worth Rs 54,600 crore by 2023, according to experts.

Being one of the most important meetings of the global textile industry, ITM 2018 (International Textile Machinery) exhibition’s attendance applications started on September 2016.

The Zambian Government is determined to revamp the textile and garment subsector because of its huge potential to spur economic diversification.

Asia’s spot paraxylene (PX) prices are likely to remain under downward pressure from ample regional supply amid continued weakness in downstream markets, industry sources said. Asia’s PX inventory remained high, with end-users not likely to hold on to excess volumes in the near term, market sources said. Cargoes from Singapore, India, the Middle East and the US for November and December shipments remained on offer in Asia. Excess monthly supply is estimated at 20,000 tonnes, but traders said that the combined volumes for October and November shipments could be as high as 100,000 tonnes, augmented by Europe cargoes, market sources said.

Dr Mahapatra participated as the only guest from India in the panel discussion held by the Textile & Apparel Manufacturers and Exporters Forum at 3rd TEXAPP 2016, Dhaka, Bangladesh recently.

After the grand success of Textile Asia 2016 in Karachi & Lahore, Textile Asia International Exhibition 2017 is scheduled to be held on March 28-30, 2017 at Karachi Expo Center, Pakistan.

Wacker Polymers is to raise its prices for vinyl acetate-ethylene copolymer (VAE) dispersions of the VINNAPAS® brand in the Americas region.

Pakistan?s exports of textile and clothing witnessed a decline of 2.64 per cent in July-August on a year-on-year basis.