Nine textile laboratories in India will be upgraded to match Japanese quality and compliance standards to improve textile exports to Japan, says KS Muralidhara, Joint Director – Laboratories, Textile Committee, Government of India.
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Exports from Bangladesh, particularly of garment items, will face further tariff competition in the US market if Donald Trump, the President-elect, implements his plan of border tax, one of his major campaign promises.
The garment industry of Combodia earns 80 per cent of Cambodia’s foreign exchange earnings and employs an estimated 350,000 people in more than 300 factories.
According to a KMPG report, FDI equity inflow in the Indian textile and clothing (T&C) sector has surged 16 per cent in FY 2015-16 over FY 2013-14.
The Textiles Minister Smriti Irani presented the AEPC Export Awards 2015-16 in 22 categories. The awards were divided into multiple categories and the key awards were given to Shahi Exports, Orient Craft, Gokaldas Exports, (Bangalore).
Vietnam’s textile and garment exports this year are estimated to reach $28.5 billion, meeting roughly 92 per cent of the set plan due to market difficulties, the Vi?t Nam Textile and Apparel Association (Vitas) reports.
From January 2017, all units in India across the textile value chain, except handloom, khadi and jute, will have to register online and provide data on production.