A huge quantity of cotton stocked at a private ginning mill at Narasimharaopeta in Thallada mandal was gutted in a major fire that broke out in the mill on Tuesday evening. There were no reports of any loss of life. According to sources, flames emanated from one of the godowns of the ginning mill allegedly due to electrical short circuit. A huge stock of cotton estimated to be of 15 lorry loads in volume was reduced to ashes even before a fire tender reached the spot from Kothagudem. So

The elected government of Prime Minister Nawaz Sharif has made trade not aid. The Prime Minister has delivered what he had promised to the people of Pakistan to improve their economic prospects by achieving market access abroad for Pakistani industry and agriculture. This was stated by Minister of State for Commerce and Textile Industry Engr Khurram Dastgir Khan while briefing the media in Textile Industry Division on various aspects of GSP plus trade preferences achieved recently by Pakistan

India earned nearly US$ 15 billion through exports of textiles and apparel in the first six months of the current financial year 2013-14, according to the latest data released by the Reserve Bank of India (RBI). According to the data, India exported US$ 14.935 billion worth of textiles and garments during the first half of the current fiscal year, with the readymade garments accounting for US$ 7.074 billion of the same. Cotton yarn, fabrics, made-ups, etc. contributed US$ 4.236 billion to

Handloom weavers in Karnataka will stage Satyagraha from January 1 against the Central government’s decision to mechanise the handlooms and to replace them with powerlooms, said Prasanna, a Gandhian and convener of Desi, an organisation striving to promote handlooms. The All India Federation of Handloom Organisations has called for a nation-wide Satyagraha against this move. The weavers in Karnataka have also expressed their support for the protest, he said at a press conference here on Monda

The Vietnam Textile and Garment Group (Vinatex) has started construction of a textile complex in An L?o, a rural district of Hai Phong, the third largest city in Vietnam. The textile complex will have spinning, weaving, dyeing and sewing facilities. It will also have sewage treatment plant and housing for workers, Vinatex said on its website. Hai Phong City People’s Committee has urged the Department of Planning and Investment, Construction, Resources and Environment, People's Committee of

The exports of garments from China to the Asean region increased by 42 percent year-on-year during January-October 2013 period, according to the data released by the China Chamber of Commerce for Import & Export of Textiles, China TexNet reported. In the first ten months of the current year, Chinese garment exports recorded a year-on-year growth of around 12 percent, according to the data. While China’s clothing exports to the EU and the US grew by 9.2 percent year-on-year and 6.4 perc

Workers put the final touches to clothes at the French-owned Scavi Hue Garment Company in the central province of Hue. Garment and textile exports are growing at 18 per cent annually, with the foreign sector chalking up 30 per cent growth. — VNA/VNS Photo Danh Lam Viet Nam can significantly increase exports of garment and textiles if it joins bilateral free trade agreements and multilateral ones like the Trans-Pacific Partnership, but only if it can set up a robust supply chain. The prob

Turkey has overtaken China as the biggest buyer of U.S. cotton, U.S. data showed on Friday, as Chinese buyers have boosted their purchases of lower-taxed yarn and cut back on buying raw cotton. Continuing a five-months-long trend since the Aug. 1 start of the 2013/14 crop marketing season, data for the week to Dec. 19 showed Turkey was the top buyer. It bought 83,400 bales of upland cotton, double that of China. Turkey's renewed appetite for U.S. fiber has been a pocket of strength as U.S.

A representative of the Zongtex Garment Manufacturing company in Phnom Penh on Tuesday denied employing workers as young as 15 to make U.S. government clothing, following an exposé by The New York Times on poor standards in factories producing U.S. government attire. On Sunday, The Times reported that despite a “zero tolerance” policy for using factories that break local laws, the U.S. government sourced some of its clothes from such factories. The newspaper reported that an audit conduct

The loss to textile business could run into millions of dollars, thousands of workers would be unemployed and small and medium-sized enterprises would shut down. PHOTO: FILE Overseas Pakistanis and Human Resource Development Secretary Munir Qureshi has stated that US-based Walt Disney Company is developing a strategy to eliminate Pakistan from the Permitted Sourcing Countries list. This strategy was being prepared in consultation with the stakeholders to address concerns of US companies,