Export of knitwear and readymade garments from Tamil Nadu fell by 5.6 per cent in 2017 18 owing to various reasons, including demonetisation, GST and global competition.
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Knitwear and apparel exporters in Tiruppur have lauded the Indian Government for its crucial support to the garment sector by approving a new skill development scheme. The new scheme titled ‘Scheme for Capacity Building in Textile Sector (SCBTS)’ covers the entire value chain of the textile sector excluding spinning and weaving in organised sector.
The knitwear sector of India will get a special package in about two months’ time, according to a government official. The industry can expect the package to ensure a level-playing field, considering it faces tough competition from various countries like China due to lack of technology upgrades.
This year?s ITMA set the scene as customers and prospective customers saw for themselves in Milan the market-ready Mayer & Cie. spinning and knitting technology that is better known as spinitsystems®.
The exports of textiles and garments from Pakistan earned US$ 10.207 billion in the first nine months of fiscal year 2014-15 that began on July 1, 2014, according to the data released by the Pakistan Bureau of Statistics.
Exports of knitwear from Pakistan increased by 10.19 per cent from $1.306 billion last year to $1.44 billion for the first 7 months (July-January) of the current financial year. Meanwhile, The International Labour Organisation (ILO) and Pakistan Textile Exporters Association (PTEA) have signed an agreement to promote decent work in the garment and textile industry in Faisalabad.
Benetton has invented a revolutionary line of sweaters that enhances a woman´s shape by accentuating her curves in all the right places.