MNS Manufacturing P.L.C, a Turkey-based textile company, has begun production of carpets, towels, polyester, and home textiles with an investment of more than 1.2 billion birr, The Ethiopian Herald reported. The Turkish company is setting up textile production in three phases in Laga Tafo in the Oromia state, according to the report. The first phase of the construction is completed and production has started, while the company is soon going to start construction of the remaining two phases

Around 150 textile and chemical units in the Indian textile hub of Surat have stopped operating as the Gujarat Gas Company Ltd. (GGCL), a subsidiary of the Gujarat State Petroleum Corporation Ltd., has stopped supplying industrial gas to these units, IBN Live reported quoting PTI. GGCL served a notice to the textile and chemical processing units on January 14, 2014, informing about the industrial gas supply cut for a ten-day period from January 21 to 31, due to supply issues from the internat

Nearly 40 percent of the garment factories in Dhaka and its adjacent areas could not implement the new wage structure from December 1 last year as agreed, a BGMEA survey found. “It will take another two to three months for full implementation of the wage structure as the garment sector is passing through testing times,” said Shahidullah Azim, vice-president of Bangladesh Garment Manufacturers and Exporters Association. The survey conducted between January 10-22 covered 596 factories in Dha

The Vietnam Leather and Footwear Association (Lefaso) is forecasting high export growth of Made-in-Vietnam handbags, suitcases and briefcases for the leather and footwear industry in 2014. Footwear exports hit US$7.9 billion Footwear, handbag production jumps on strong Japanese orders Vietnam sees bright prospects for handbag exports Handbag exports jumped up 26% to US$1.92 billion in 2013, which far outpaced expectations of US$1.7 billion, according to Lefaso. This year, it is ant

Vietnam’s garment sector is too dependent on foreign imports according to Pham Xuan Hong, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS). Garment accessories exported for first time Garment sector aims for 12% export growth in 2014 Vietnam’s garment exports spiked 16.3% to a record high US$20 billion in 2013,which included garment and textile sales of US$17.9 billion,with the balance coming from ancillary products. However, major input materials, currently estim

As self-appointed global leaders gather at the World Economic Forum (WEF) in Davos and discuss ‘The Reshaping of the World,” a stone’s throw away non-governmental organizations named this year’s winners for their dreaded Public Eye Awards. The jury chose the American textile giant Gap, while 95,000 online voters honored the Russian energy company Gazprom. “Sadly, there’s still a need for campaigns like ours that demand corporate accountability,” Silvie Lang said on behalf of the organizers

The exports of fabric and garments from Vietnam rose by a sharp 18.9 percent year-on-year to US$ 17.946 billion in 2013, according to the data released by the General Department of Customs, Vietnam’s Ministry of Finance. With $8.611 billion worth of goods, the US turned out to be the largest importer of fabric and clothing items from Vietnam during the year, followed by Japan and South Korea with imports of $2.382 billion and $1.64 billion, respectively. Among the European countries, Germa

he All Pakistan Textile Mills Association (APTMA), Punjab has claimed that energy supply to textile industry has resulted in 21 percent increase to $215 million in December to December period and now APTMA is hopeful to achieve $3 billion exports out of the capacity, which was earlier closed. APTMA Punjab Chairman SM Tanveer while addressing a press conference expressed the hope that a bullish textile sector growth can also motivate the act of current account deficit which is presently at the

airman APTMA Punjab S M Tanveer has said that the APTMA members have delivered accordingly as the government enabled them to perform. He said that textile sector exports have surged by 21 percent in value terms during December 2013 against the corresponding period due to improvement in energy supply by the government. He said APTMA is hopeful now to achieve $3 billion exports out of closed capacity. He was holding a press conference at the APTMA Punjab office on Wednesday. He said APTMA was

Spinning mills seem confident this year as a surge in the demand for cotton yarn is expected in the export market and domestic apparel and home furnishing sector. The government’s decision, notified on Wednesday, making the export of cotton yarn eligible for benefits under the Incremental Export Incentivisation Scheme for all of 2013-14 will also lift exports. Many mills are raising headcounts. A good monsoon and a better crop size may help keep the price of cotton viable for the sector in th