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.
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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.
World cotton imports are projected to remain unchanged at 7.6 mn t in 2015-16. While China is likely to remain the world’s largest importer in 2015-16, its imports are forecast to fall by 12 per cent to 1.6 mn t.
World cotton imports are projected to remain unchanged at 7.6 mn t in 2015-16. While China is likely to remain the world’s largest importer in 2015-16, its imports are forecast to fall by 12 per cent to 1.6 mn t. This represents 30 per cent of its peak volume of imports in 2011-12.
The total domestic demand for textile machinery during 2017-18 was Rs 13,613 crore of which imported machinery constituted Rs 9,652 crore, says the report from TMMA.
Filatex India Limited, a leading manufacturer of synthetic man-made filament yarns, said its Q2FY19 net profit increased 50 per cent to Rs 20.25 crore as the company opened a new production line.
China’s textile industry is accounting for over 60 per cent of the world chemical and synthetic fibre production, and it is second in cotton production, says Avinash Mayekar of Suvin Advisors.