Bangladesh has overtaken China to become the largest denim supplier to the European Union by exporting €567.97 million worth of denim products to the EU nations.
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Turkey’s textile and apparel industry, which has had a relatively sluggish performance over past few years, is now showing signs of recovery.
The new textiles policy will focus on a three-pronged approach to boost the growth of Indian handicraft sector, which is facing tough competition from international players.
India?s exports of wool and wool blends fell 18 per cent in dollar terms and 15 per cent in rupee terms, between April 2016 and January 2017.
A.T.E. has joined hands with Quanzhou Jingmei Machine Co., Ltd. to sell “Jingmei†brand circular knitting machines in India (except in Ludhiana city) and Bangladesh effective February 2017.
Gokaldas Exports will set up four apparel manufacturing units in Andhra Pradesh. The units, which are likely to be ready in four years, are expected to entail an investment of Rs 200 crore.
According to the USDA first 2017/18 cotton projections at the Agricultural Outlook Forum, it was disclosed that there will be a 6-million-bale decline in global ending stocks.