As the 5-day Shanghai show opens its doors on June 16, 2014, China's supremacy in textiles and clothing stays unchallenged despite a few threats looming large. Samuel Joseph reports.
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Some of the very latest news reports about China are food for thought for the Cassandras, who have predicted erosion in the textile world of this country. According to the China Chamber of Commerce for Import and Export of Textile and Apparel
Processing is considered a weak link within the Indian textile industry. But for K·sters, it is its forte. K·sters Calico Machinery Private Limited, one of the leaders in textile processing machines, has been [successfully] serving the textile industry globally for over 17 years.
The Swiss textile machinery industry, represented by the Textile Machinery Division of SWISSMEM, is strongly export-oriented and has a presence with its own companies, sales and service organisations in all the worlds key markets.
Warp wnitting is considered as a sunrise sector for the synthetic textiles chain. ATE Enterprises offers machinery for circular and warp knitting and also complete package of machinery for processing all kinds of knit fabrics
The government of Bangladesh has slashed tax by 0.5 percent at source for readymade garment (RMG) export to make up for loss incurred during last years political turmoil. Tax on other exports has been reduced by 0.2 percent. The National Board of Revenue (NBR) announced the cuts on Wednesday, a day before the first anniversary of Bangladeshs worst industrial disaster that killed over 1,130 people, mostly RMG workers.
The industry is witnessing buoyant demand of cotton yarn from export markets and diversion of garmenting orders from Bangladesh due to labour unrest and safety issues.