Trade volumes are predicted to further improve in the second half of FY24 as global retailers begin placing orders for their Summer/Spring 2024 collections. Analysts have…
Browsing: textile firms
It gives me immense pleasure to present the ITJ Annual 2022 featuring India’s 50 Textile Companies.India’s GDP for FY 2021-22 is anticipated to grow at 9.2…
Listed textile and garment makers in Bangladesh are facing low profits and sales due to the ongoing COVID-19 pandemic. However, spinners and yarn makers are performing well by taking advantage of the price hike of yarn.
As per the data obtained from the MIIT, China’s textile industry has recorded good growth during the first quarter of 2021. The industry’s revenue increased by 20.3% this year.
According to Stratistics MRC, the global textile films market is accounted for $3.56 billion in 2017 and is expected to reach $7.51 billion by 2026 growing at a CAGR of 8.6 per cent.
Textile firms in South India are experiencing severe shortage of labour and are now scouting for labour in the North-Eastern States.
Kenya is stitching together a policy to boost textile production and measures include allowing textile firms in export promotion zones to sell up to 20 per cent of their produce locally without paying duties.