The dynamics of the global garment and apparel industry have changed considerably in the last decade. The industry is shifting from China, the world’s largest clothing exporter, towards developing regions like South Asia and other emerging markets. Increasing wages in China have led international brands to focus their energies on, and seek alternatives in countries like Bangladesh, India, Pakistan and Sri Lanka.
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Malaysia’s textile division will grow by at least 30 per cent, thanks to a surge of investment when the Trans-Pacific Partnership (TPP) agreement comes into force, according to Rebecca Chiang, executive director, Malaysian Knitting Manufacturers Association (MKMA). The trade deal’s ‘yarn forward’ rule makes it mandatory to use TPP member-country produced yarn for TPP-made textiles in order to be covered by the agreement’s market access benefits
Cotton to remain stable, MMF looks at a lacklustre year, and export to stay subdued: An Ind-Ra Report reveals some of the grey areas, possibilities and challenges facing the Indian textile industry in the FY 2016-17.
Cotton to remain stable, MMF looks at a lacklustre year, and export to stay subdued: An Ind-Ra Report reveals some of the grey areas, possibilities and challenges facing the Indian textile industry in the FY 2016-17.
Cotton to remain stable, MMF looks at a lacklustre year, and export to stay subdued: An Ind-Ra Report reveals some of the grey areas, possibilities and challenges facing the Indian textile industry in the FY 2016-17.
The 56th Joint Technological Conference was held on December 30, 2015. Present during the event were: Dr Kavita Gupta, Textile Commissioner; M SenthilKumar, Chairman, SIMA; Dr Sharma, Director, ATIRA; Dr Desai, Director, BTRA; Dr Arindam Basu, Director General, NITRA; Dr Prakash Vasudevan, Director, SITRA; among other distinguished delegates.
Total exports of textiles and garments from Vietnam to the USA gained a year-on-year increase of 11.7 per cent to US$9.88 billion from January to November 2015.