MARKET & ECONOMY
Export of garments from Thailand is expected to move south with more manufacturers migrating to neighbouring countries to tap cheaper costs and better tariff benefits.
The Textile Association (India) is organising an international textile conference on “Make in India – Global Vision of Indian Textile Industry†on December 1-2, 2016 at Hotel the Lalit, Mumbai.
Year-to-date through July, worldwide imports of clothing into the US have shrunk by 4.98 per cent during the first seven months of 2016.
The export value of textiles and textile products (TPT) from Indonesia to France for the first half of 2016 reached US $ 46.52 million, taking Indonesia as the 8th position in the European region.
Global apparel production in the second quarter increased 1.9 per cent, but was outpaced by global textile production, which grew 3.8 per cent.
Himatsingka will invest Rs 1,300 crore, in a phased manner starting this year, in order to augment its manufacturing capacities.
American imports of women?s trousers and shorts from Kenya rose 23.5 per cent in the first half of the current year.
Fashion Access and Cashmere World’s Spring/Summer 2017 edition, held very recently in Hong Kong, culminated after three days of robust business.
KPR Mill, with its state-of-the-art production facilities in Tamil Nadu, produces yarn, knitted fabric, readymade garments and wind power.