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Chinese textile and clothing exports confirm stabilisation

Chinese textile and clothing exports confirm stabilisation

In 2023, China saw its textile exports fall by 8.1% and its clothing exports by 2.9%. But the first seven months of 2024 show a return to equilibrium, with a 1.12% rise in exports of textiles, clothing and accessories. China exported goods worth $169.8 billion in these three categories over …

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Readymade garment exports rise 12% in August despite global challenges

Readymade garment exports rise 12% in August despite global challenges

Readymade garment exports rise 12% in August: Apparel Export Promotion Council Chair Sudhir Sekhri said that exports are keeping growth momentum despite global headwinds, persisting Red Sea crisis and other challenges such as high logistic costs The country’s readymade garment exports (RMG) in August rose by about 12 per cent …

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Bangladesh Textile millers seek immediate improvement in gas supply

Bangladesh Textile millers seek immediate improvement in gas supply

Bangladesh Textile millers seek immediate improvement in gas supply – The majority of textile mills are currently only operating at 30 per cent capacity, thus on Wednesday, textile millers urged the interim administration to act quickly to enhance gas and power supply to manufacturing units. Additionally, they pleaded with the …

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Bangladesh Crisis: Opportunity for Indian textile industry

Bangladesh Crisis: Opportunity for Indian textile industry

Bangladesh Crisis: Opportunity for Indian textile industry – Bangladesh plays a significant role in the global garment industry. The growth of its ready-made garments sector enabled the country to achieve lower-middle-income status in 2015. However, the ongoing political turmoil has affected the economy. Informal workers, who account for 85% of …

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India Textile Sector Aims For $300 Bn Valuation By 2030

India Textile Sector Aims For $300 Bn Valuation By 2030

Adopting eco-friendly methods such using biodegradable materials and energy-saving devices, Indian textile industry aims for a transition towards a more sustainable industry India Textile Sector Aims For $300 Bn Valuation By 2030 India textile sector, a major contributor to the Indian economy, is heading towards a greener future in light …

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Cotton exports to Bangladesh hit as Western garment orders decrease

Cotton exports to Bangladesh hit as Western garment orders decrease

Cotton exports to Bangladesh hit: Industry insiders have reported that Western clothing and footwear companies have temporarily stopped placing new orders in the violence-torn nation of Bangladesh, even as production units there resume operations and employees put in extra hours to clear backlogs. Cotton exports to Bangladesh hit as Western …

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Bangladesh textile industry expects opportunity to demonstrate resilience

Bangladesh textile industry expects opportunity to demonstrate resilience

Bangladesh textile industry expects opportunity to demonstrate resilience: The garment industry in Bangladesh, which is the second-largest worldwide producer of apparel and a pillar of the country’s economy, has been severely unstable in recent weeks. Amidst growing turmoil, factory owners have been working hard to reassure Western apparel manufacturers about …

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India’s textile sector set to gain pace with 28 pc increase: NITMA

India's textile sector set to gain pace with 28 pc increase: NITMA

With this increased Budget allocation, the textile sector is well-positioned to capitalise on emerging trends and capitalise on new opportunities in the global market. India’s textile sector set to gain pace with 28% increase New Delhi :: July 25, 2024 – India’s textile sector is poised for growth with a …

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Indonesia textile industry struggles as thousands lose jobs

Indonesia textile industry struggles as thousands lose jobs

Factory closures and mass layoffs signal troubled times for Indonesia’s once-booming textile sector. Muhammad Arif Rofiudin spent 27 years meticulously maintaining machines that wove traditional sarongs at a garment factory in Pekalongan, a Central Java city that is one of Indonesia’s textile hubs. Earlier this year, he and 1,700 colleagues …

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Kenya to build world’s first green textile industry in Athi River

Kenya to build world's first green textile industry in Athi River

Kenya green textile industry in Athi River: Kenya is set to unveil an environmentally friendly clothing industry worth Sh69.4 million. The 5000 sqm factory, currently under construction in Athi River is expected to reduce energy use by 40 per cent, water consumption by more than 30 per cent, and carbon …

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