The textile industry has expressed shock and anguish over the withdrawal of four per cent incentive given under the Merchandise Export Incentive Scheme (MEIS) on made-ups and garments, with retrospective effect from March 7, 2019.
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Texcare Forum India – LaundrexNet 2020 is scheduled to be held in India with the aim to provide best-suited digitised and automated solutions on laundry and dry-cleaning.
FTAs with Australia, Canada, the United Kingdom and EU will help boost India’s textile exports, according to AEPC, whose chairman A Sakthivel recently said the government should pursue FTAs with these countries as they hold tremendous potential for India’s exports.
Exports of Indian man-made fibre (MMF) textiles is expected to reach $7 billion by the end of fiscal 2020-21, witnessing a growth of at least 10 per cent from the current level, according to Ronak Rughani, Chairman of the Synthetic and Rayon Textiles Export Promotion Council (SRTEPC).
UKFT’s latest figures show that value of UK fashion and textile exports have reached almost Euro 10 billion representing an increase of 66 per cent in a decade.
A close partnership between the Austrian Fibers Institute and KOFOTI as well as DYETEC from Korea enables to arrange the 1st Dornbirn-GFC congress for the Asian market.
Focusing on sustainability, COTTON USA showcased WHAT’S NEW IN COTTON™ to the global home textile industry at its booth in Hall 11.0 / Stand D 11 at Heimtextil in Frankfurt, Germany, from 7-10 January 2020.