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The growth engine of Indian textiles sector
With transformation of the Indian economy post liberalisation in the early 1990s, the demand and consumption of technical textiles products in India has been consistently increasing, says a report from KPMG.
CITI tells govt to be cautious with RCEP talks
The Confederation of Indian Textile Industry (CITI) has cautioned the government to tread carefully while negotiating for the proposed Regional Comprehensive Economic Partnership (RCEP) trade agreement and not to cede space to China in the global textiles and clothing (T&C) sector.
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.
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