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Rising cotton price to hit margins of textile firms
May 2019
Rising cotton prices are set to hit profit margins of textile and apparel players due to their inability to pass on the high production cost on to consumers as seasonal demand is weak.
US asks UN to block textile exports from N Korea
September 2017
The United States of America is asking the UN to banning the exports of North Korean textiles and freezing the assets of leader Kim Jong Un.
Afghans exhort India to invest in carpets
September 2017
Afghan investors who will attend the India-Afghanistan Trade and Investment Show in Delhi in September say they will urge Indian businessmen to invest in their carpet industry with the help of the United States Agency for International Development (USAID) and the Indian Government, which, they want, should establish a free market for Afghan carpets in India.
Textile exports: Yesterday, today & tomorrow
August 2017
India is changing its colour from traditions to fashion and textile and apparel industry is the best observer to witness the same. We are growing and expanding to be precise we are developing beyond boundaries. From a country once considered only as a farmers land. India today has explored and is competing in each and every segment from textiles to electronics, our presence is dominant everywhere.
Cotton prices may fall due to increased supply
February 2017
The International Cotton Advisory Committee Secretariat has forecast that the season-average Cotlook A Index in 2016/17 will range between 66 and 83 cts/lb, with a midpoint of 74 cts/lb, which would be 4 cts/lb higher than last season.
Cambodian garment exports to US dips
August 2016
Cambodia’s export to the US is hitting snags, with the garment and footwear exports from Cambodia to the US falling by eight per cent during the first half of the year. Garments comprise the largest component of Cambodia’s export basket to the United States, the country’s biggest single country export market.
$317-mn hub for next-gen textiles in US
May 2016
Aprivate-public collaboration will invest $317 million towards developing next generation textile industry in the United States. According to a just released statement from the U.S. Department of Defense, a consortium of 89 universities, industry and non-profits organised Cambridge, MA-based Massachusetts Institute of Technology (MIT) will form the “New Revolutionary Fibres and Textiles Manufacturing Innovation Hub.”
US textile chemicals market to exceed $2.6 bn
December 2015
Textile chemicals are used to impart desired properties such as strength, colour, flame protection, etc. to fabric. These chemicals are broadly divided in two categories: auxiliaries and colourants. Textile auxiliaries are the chemicals used during each and every step of textile manufacturing process so as to provide certain characteristics to fabric, whereas colourants are used to impart colour to the textile products.
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