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  • The textile traders' community in the country’s largest man-made fabric (MMF) hub has been facing lot of difficulties on the GST portal due to technical glitches and sought extension of deadline in the online e-way bill generation. An e-way bill is required for movement of goods worth more than Rs 50,000. Though the central government has launched the e-way bill generation on trial basis for the inter-state movement of goods above Rs 50,000 starting from January 16, the traders have demanded
  • The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) recently said the promised abolition of all duties on cotton yarn imports will enhance value-addition, improve exports and reduce trade deficit. According to PRGMEA chief coordinator Ijaz Khokhar, The step will help reduce business costs and bridge production-consumption gap. The sharp increase in cotton yarn prices has hit the export-oriented value-added textile sector hard, said Sheikh Luqman Amin, senior PRGM
  • After a brief period of decline in textile and apparel exports, including handicraft exports, every month beginning May, June, July and October 2017, there is a turnaround in India’s textile and apparel exports, in November 2017. There has been a spurt in export of handloom products, readymade garments, cotton, silk and jute products, and carpets. India’s textile and clothing exports registered a 20 per cent increase in November 2017 over October 2017, according to data published by Directora
  • Owing to favourable weather in the main producing regions, area planted with cotton in Brazil is expected to increase in 2018, Center for Advanced Studies on Applied Economics (Cepea) said in its latest fortnightly report. In Mato Grosso, the main cotton producing state, inputs costs and anticipated sales point to revenue 10 per cent higher than costs. “Despite the delay of first rains, weather has favoured summer crops in the main producing regions. Sowing has started in several states, such
  • India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 3.58 per cent for the month of December 2017 over same month of last year. The index for ‘Manufacturing of Textiles’ group declined by 0.4 per cent to 113.0. The index for ‘Manufacturing of Wearing Apparel’ group rose by 1 per cent to 138.9 in December. The official WPI for all commodities (Base: 2011-12 = 100) for the month of December 2017 declined by 0.5 per cent to 115.7 from 116.3 for the previous mo
  • It is not only fabrics and leather which are required for fashion, unusual materials such as stone and pineapple leaves are the new craze. During the upcoming Berlin Fashion Week, the exhibiting labels at Greenshowroom and Ethical Fashion Show Berlin will display stone shoes, blouses made of colourless plastic bottles and pineapple bags, among other things. The event will be held during January 16-18 at Kraftwerk Berlin. When it comes to stone shoes, most people think of the notorious an
  • Myanmar exported $1.86 billion worth of products from garment units operating under the cut-make-pack (CMP) system as of the first week of January in fiscal year 2017-2018, according to the commerce ministry. The figure is $568 million higher than exports for the same period in the last fiscal. The industry has been based on the CMP system for over 20 years. Efforts to shift more toward the higher value-added “free-on-board” (FOB) approach have not met with much success. The country has over
  • The spring edition of Intertextile Shanghai Apparel Fabrics will focus on maximising the opportunities from growth areas in the Asian markets. At the summit beginning March 14, 2018, the global and apparel fabrics and accessories industry will discover the latest fashion trends, find new innovations and discuss about means to ensure efficient sourcing. "As a sourcing platform, Intertextile is unrivalled in the industry. With this, many exhibitors will be under one roof covering the entire app
  • Construction of one of Africa's largest textile production facilities, named ‘Tayal Spa’, was flagged off recently by Algeria's industry and mines minister Youcef Yousfi in the north-western Relizane province. Fourty per cent of the production at the $1.5-billion Turkish-Algerian joint venture will cater to the domestic market while the rest would be exported. The facility will be built in three phases on 2.5 million square-meters in the Sidi Khettap industrial zone in Relizane by the Algeri
  • Vietnam targets to earn around $20 billion from the export of footwear, bags and suitcases in 2018. Positive signs in the global economy and rising consumption demand would create favourable conditions for domestic firms in exports and investment, according to Vietnam Leather, Footwear and Handbag Association (Lefaso) vice president Phan Th? Thanh Xuan. Buoyed by an encouraging export performance last year, the industry sees these targets as achievable keeping in view a positive market forec
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