Tag Archives: Textile Import Export News

Surat textile industry sees spurt in demand for caps, flags ahead assembly polls… The assembly elections in Gujarat and Himachal Pradesh have turned into money-spinners for weavers in the country’s largest man-made fabric hub of Surat. Surat Textile Industry sees spurt in demand Alpesh Gondaliya, a power loom weaver at …

Weakening Global Demand Hurts Vietnam Garment Industry: HANOI, November 7, 2022 – Vietnam‘s garment industry is expected to face a decline in orders from its key markets over the next two quarters, the country’s textile and apparel association said on Monday, amid high inflation that is dampening global demand. Low …

Confirming this, SGCCI president Himanshu Bodawala said that the purpose of organizing the textile event in Dhaka is that there is ample opportunity in the textile sector in Bangladesh. SGCCI textile trade fair in Dhaka next year i.e. 2023 The Southern Gujarat Chamber of Commerce and Industry (SGCCI) will organize …

Textile Market Higher Growth During 2022-2032: As per the latest market analysis by Fact.MR, market research and competitive intelligence provider, the global sales of textiles to surpass US$ 1,440 Bn by registering a CAGR of 3.77% in the forecast period 2022-2032. Penetration of E-commerce websites is playing a crucial role …

Garment Export face potential loss: Garment exporters are staring at a potential loss of Rs 1,200 crore due to the new conditions imposed in the Rebate of State and Central Taxes and Levies (RoSCTL) scheme. The scheme offers rebate against the taxes and levies already paid by exporters on the …

First Edition of GTE Kolkata to Take Place on 4-6 November 2022 After successfully organizing Delhi, Ahmedabad, Jaipur and Bengaluru editions of GTE show, Garment Technology Expo (GTE), has now launched their Kolkata edition as well. GTE Kolkata 2022 edition, along with Leather and Footwear Technology show will be held …

IIT-D startup develops medical textile that destroys almost 100% bacteria, virus in 30 mins Manufacturing the fabric requires “passing the raw cotton fabric through a set of proprietary chemical formulations while using the standard textile processing machinery”, which are commonly available in the Indian textile industry. IIT-D develops textile that …

Pakistan’s textile exports to surge as Bangladesh, India lag behind Pakistan now becoming competitive with Bangladesh in the sector, says the country’s Commerce Adviser Abdul Razak Dawood Pakistan’s textile exports is all set to swell due to record exports after gaining an edge over its South Asian competitors amid the …

Suspension of manufacturing activities due to COVID-19 lockdown has brought financial crisis to textile hubs in Uttar Pradesh With both the textile hubs of Kanpur and Noida reporting decline in credit (loan), the textile industry has been the worst hit in Uttar Pradesh, suggests the SIDBI-CRIF report on Indian Textiles …

This has resulted in units closing down, with traders and exporters worried about completion of their export orders on time. Covid Hits Tirupur Industry – Chennai: The sharp spike in cases in Tirupur has wreaked havoc for the textile industry. With no drop in cases, the administration has imposed a …