Browsing: Garment

The Zambian Government is determined to revamp the textile and garment subsector because of its huge potential to spur economic diversification.

The Zambian Government is determined to revamp the textile and garment subsector because of its huge potential to spur economic diversification.

Textile manufacturing firm, KPR Mill, plans to double its processing capacity at a cost of Rs 120 crore. The project is set to be completed in nine months and the firm plans to fund its expense through internal accruals and debt.

Cotton imports by China in June have fallen by 26 per cent already. The see-sawing of prices in major countries including India is causing a lot of anxieties. Chinese prices are under pressure from significant left-over commercial stocks as well as sales of state reserve cotton, kicked off recently.