66 Italian textile machinery manufacturers will participate in the upcoming ITMA ASIA + CITME 2020. The event is set to take place in Shanghai at the National Exhibition and Convention Centre from June 12 to 16, 2021.
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Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.
The pandemic situation has adversely affected industries and workers in Vietnam. According to the reports, four industrial parks Van Trung, Quang Chau, Dinh Tram, and Song Khe – Noi Hoang have been shut down in Bac Giang.
US consumers are shopping for summer wear, with relaxed COVID-19 restrictions and vaccinations. Analysts believe the pent-up demand for apparel and accessories will benefit Poshmark in the second quarter of 2021.
As per the data obtained from the MIIT, China’s textile industry has recorded good growth during the first quarter of 2021. The industry’s revenue increased by 20.3% this year.
Tamil Nadu government has made certain announcements for Micro, Small and Medium-scale Enterprises (MSMEs) that have been accepted by the industries in Tirupur and Coimbatore. He also assured vaccination for workers.
Cotton sowing in Punjab has been delayed because only 20% of the crop has been sown till May 10. Also, only 63,220 hectares of land has been used for sowing in Punjab, according to Punjab Agriculture Department.