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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 …

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 …

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 …

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 …

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 …

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 …

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 …

ISTANBUL, Turkey – April 17, 2024: Growth Of Interest In HIGHTEX 2024 Exhibition, which will bring together the world’s leading technical textile and nonwoven manufacturers and technology leaders with global buyers, will open its doors to visitors on 04 – 08 June 2024. HIGHTEX 2024, which attracts great interest from …

Textile Ministry marginal rise – NEW DELHI: The textile ministry is likely to see a marginal increase of 2.5% in its budget allocation for fiscal year 2024-25, two persons aware of the matter said. The ministry had received ₹4,389 crore allocation for the current fiscal year. This increase, though modest, …

Gujarat textile sector sees 8 per cent export slump: Due to enduring geopolitical crises like the Israel-Palestine conflict and the war between Russia and Ukraine, Gujarat’s once-vibrant textile industry has had a dismal performance in 2023. Government-compiled data shows an 8 per cent decline in exports from US $ 5.10 …