The monthly Index of Industrial Production for textiles increased 7.8 per cent in August this year compared with the same month last year. The cumulative index for textiles from April to August this year has also gone up marginally  1.1 per cent  from a year earlier.
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Textile and clothing production in Tajikistan for the eight months of this year increased by almost 30 per cent, Avesta reported.
The Odisha Government has set a target to produce 113.19 lakh square metres of textile and handloom products worth Rs 223 crore in the current fiscal with a jump of nearly 25 per cent from the previous year.
Despite being one of the world’s largest textile and apparel markets, the US domestic textile production is still struggling to recover from previous declines from 2008 to 2009, according to a report from the US Congressional Research Service.
A.T.E. has joined hands with Quanzhou Jingmei Machine Co., Ltd. to sell “Jingmei†brand circular knitting machines in India (except in Ludhiana city) and Bangladesh effective February 2017.
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.
The Index of Industrial Production (IIP), which provides quick estimates of the performance of key industrial sectors, started resurrecting upward movement during FY2015-16. As per IIP, the industrial sector broadly comprises of mining, manufacturing and electricity. In FY2015-16, IIP growth of T&C was bracing and it outstripped the growth of overall manufacturing and general IIP.