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26 December, 2023: The Government is approaching the concluding stages of establishing Special Purpose Vehicles (SPVs) for the Pradhan Mantri Mega Integrated Textile Region and Apparel (PM MITRA) parks, in an effort to elevate the textile sector. Two officials, aware of the developments, revealed that all formalities for the SPVs …

International trade fair for home and contract textiles, Heimtextil Trends 24/25, is set to return on 9 January 2024 in Frankfurt, Germany with the theme “New Sensitivity,” which will focus on textile transformation. The organisers explain that after last year’s focus on circular solutions, Heimtextil Trends 24/25 will once again …

Mumbai – September 8, 2023 – Back to the show floor after two years, Techtextil India 2023 will be held from 12 – 14 September 2023 at Jio World Convention Centre, Mumbai. The three-day event will bring together 160+ industry players who will display 200+ brands and specialised products and …

Chinese textile industry profit falls by 20.3% Year On Year in January – July 2023 Insights: Chinese textile industry profit falls by 20.3% The total profits of industrial enterprises in China above the designated size reached 3,943.98 billion yuan between January and July this year – down by 15.5 percent …

Iran Textile Industry Growth: TEHRAN (Tasnim) – Iran Textile Industry Registers 17.1% Growth in 2022 compared to a year earlier, the director general of the Ministry of Industry, Mine and Trade for Clothing and Textile Affairs said. Speaking to reporters on Sunday on the occasion of organizing the first edition of …

Bangladesh is close to surpassing China as the world’s largest cotton apparel exporter and stronger demand prospects are expected to drive cotton consumption higher, said the US Department of Agriculture (USDA). The US agency, citing the annual fashion industry benchmarking study by the United States Fashion Industry Association (USFIA), said …

The value of US imports of textiles and clothing has continued to shrink, decreasing by 19.98% to $25.874 billion in the first three months of 2023 from $32.331 billion in the corresponding period of 2022. With a 23.78% market share, China continues to be the US’s top supplier of textiles …

Textile manufacturers in Nigeria have blamed porous borders for the collapse of the cotton-garment value sector of the country’s economy. Alhaji Kwajaffa, the Director-General of the Nigerian Textile Manufacturers Association (NTMA), disclosed this on Saturday in a statement reacting to the rot in the industry. Porous land border responsible for …

MEDITEX 2023 to focus on medical textiles with live demonstrations During Techtextil India 2023, scheduled September 12 – 14, organizers will also host SITRA’s Expo on Medical Textiles called MEDITEX™ 2023 – an exclusive pavilion that focuses on medical textiles with live demonstrations and high-growth application areas offering a global …

Layoffs hit Vietnam textile-garment workers hardest: Textile and garment workers make up most workers discharged in the first five months of the year due to difficult economic conditions. Attending a National Assembly meeting on 04 June, 2023, Minister of Labor, Invalids and Social Affairs Dao Ngoc Dung said nearly 2,80,000 …