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Indian textile and apparel exports to US have risen nearly 7 per cent during January-August 2014, according to the US Department of Commerce’s Office of Textiles and Apparel (OTEXA) data, compared with an average 2 per cent annual growth in the last five years.
The Centre’s ‘Make in India’ pitch seems to have already found resonance in the country’s textile and garment industry, with India’s exports to its largest single market, the US, headed for a record surge this year.
While a renewed
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Even as the Ministry of Textiles opens tenders for appointment of a cluster management and technical agency for development of a powerloom mega cluster in Surat, the industry is expecting a boost to textile exports from the cluster.
According to the Powerloom Development Export Promotion Council (PDEXCIL), post such a mega cluster, the industry expects a global share of 10 per cent by 2017-18 from current 5.2 per cent."The mega cluster at Surat, among other places, will boost exports so much so
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Topshop's most famous customer Beyoncé is taking her appreciation of the British brand a step further: on Friday, the US-american singer has formed the 50-50 joined venture company Parkwood Topshop Athletic Ltd. with the multinational retailer.
According to WWD, the first brick-and-mortar and online stores of the new athletic streetwear or "ath-leisure" brand could be launched in the fall of 2015 at the earliest. Topshop is expected to reveal further details about the deal in London today.
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The textile and clothing companies have newly formed Botswana Textile and Clothing Association (BTCA) that will help in enhancing growth and sustainability of their trade in highly competitive market. It also aims to eliminate the existing competition, especially from Asian companies in the textile and clothing industry.
According to BTCA founding president, Mr Shahid Ghafoor, it would promote the development of a globally competitive and sustainable textile and clothing sector in Botswana.
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Pakistan value-added textile exports has witnessed growth by 10pc touching $2.3bn in the first quarter (July-September) of this fiscal year compared with $2.1bn a year ago. While on the other hand, spinning-based exports (non-value added) continue to decline by 15pc to $1.2bn from $1.4bn which were offset by higher exports of valued-added segment (bedwear, knitwear and readymade garments) as per the latest data released by the State Bank of Pakistan.
The increase in the value-added segment wa
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Due to its ability to provide raw materials, the Middle-East will emerge as a vital hub for ethylene production by 2020, a top Bahrain minister said.
Minister in Charge of Oil and Gas Affairs, Shaikh Ahmed bin Mohammed Al Khalifa was speaking at the Middle East Ethylene Conference held in Manama.The minister spoke about the contribution of the region to the global petrochemical industry and which has helped GCC to clock a turnover of $100 billion from the sector in the past year.He expects the
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Lower demand from China this year, coupled with cotton prices which have fallen by around 30 percent since August 2013, spells tough times for Sodecoton.
Market news has not been good for African cotton companies, alongside Sodecton, which is the apex organisation for cotton trade in the African country of Cameroon, says Business in Cameroon.Business in Cameroon quotes the Commodafrica which has analysed that China, which currently controls 60 percent of the world cotton market, has only a cumu
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2014 China Keqiao International Textiles, Fabrics & Accessories Exhibitiion(Autumn) opens inChina Textile City International Convention & Exhibition Center today.
Asoneofthe3domesticmajortextileexhibitions,theexpohasputupaperfectdemonstrationandtradingplatformfortextileenterprisesandtradingcompanies,purchasersandprofessionalspectators.
In this Exhibition, thereare 1,450 booths from 660 exhibiting enterprises including about 20 foreign enterpries. The main products of clothes, home
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Garment exports have continued to rise, but at a slower pace than earlier in the year, according to the latest government figures.
Cambodia’s garment exports earned $4.44 billion during the first nine months of the year, based on numbers from the Ministry of Commerce, up 5.9 percent year-on-year.
That’s a slower rate of growth than over the first six months, when exports were up 16 percent compared to the same period in 2013.
The Garment Manufacturers Association in Cambodia has been w
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Even as the Ministry of Textiles opens tenders for appointment of a cluster management and technical agency for development of a powerloom mega cluster in Surat, the industry is expecting a boost to textile exports from the cluster.
According to the Powerloom Development Export Promotion Council (PDEXCIL), post such a mega cluster, the industry expects a global share of 10 per cent by 2017-18 from current 5.2 per cent."The mega cluster at Surat, among other places, will boost exports so much so