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EAEU-Vietnam FTA yields positive results
According to statistics released by Vietnam Customs, trade between Eurasian Economic Union (EAEU)and Vietnam hit $3.9 billion in 2017, up 3 per cent from 2016.
Not long back when the textile market shifted from Europe to Asian countries, India having a vast knowledge and experience in the textile sector was expected to flourish as the global textile leader, but due to internal factors it remained an unachieved dream, avers Avinash Mayekar.
HANOITEX in Vietnam in November 2017
HANOITEX 2017, the most important textile and garment industry event, is to be held in Hanoi, Vietnam from November 1 to 3, 2017.
EU sops fail to lift Lankan textiles
Despite a recent move by the European Union to restore Sri Lanka to its highly favorable Generalised System of Preferences Plus programme, the country will find it hard to catch up with Bangladesh.
German tech meets US & Mexican textile
The VDMA Textile Machinery Association has just published demanding and comprehensive programs of its B2B Forums & Conferences, which will be held in Charlotte (NC) and Mexico City in November.
Exporters WALKING a tightrope!
India’s textile exporters are finding their competitive edge getting blunt and profit margin thinner, thanks to a weak dollar, demonetisation after-effect and stiff competition from new textile nations. An Exclusive ITJ Report.
PRGMEA, CCCT to promote textile trade
The Pakistan Readymade Garments Manufacturers & Exporters Association (PRGMEA) and the China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT) will promote trade between textile and apparel companies in Pakistan and China.
Textile vision 2020 - From Dream to Reality! Doubling India’s textile trade share
Can India take its share of 4.5% in global textile trade to 9-10% by 2020? An ITJ Exclusive explores the dreams and realities. India is No. 2 in the global textile trade, next only to China. But the country’s share is a measly 4.5 per cent against the 45 per cent of China’s. The Indian textile and apparel industry was estimated to be worth Rs 6,25,930 crore in 2015 and is projected to grow at a CAGR of 9 per cent to reach Rs 9,35,123 crore, by 2020.