India has become an attractive destination for apparel sourcing due to its fairly high level of complaint factories engaged in apparel manufacturing and exports, Apparel Export Promotion Council (AEPC) chairman A Sakthivel told mediamen in Tirupur. In the first five months of 2013, India’s garment exports increased by 14 percent year-on-year in dollar terms, and if the trend continues the sector would be able to cross the target of US$ 17 billion set for the current year, Mr. Sakthivel said.

Bangladesh Labour Welfare Foundation (BLF) demanded fair wages for extra work of tannery workers. The demand was raised at a human chain organised in front of the National Press Club on Monday. Speakers said tannery workers have to do extra work, but do not get fair wages. The production would be increased, if the owners ensured worker’s right. Rights of workers should be confirmed for the development of the society and nation, the speakers added. The other demands are providing proper

The exports of textiles, excluding apparel, from the Southeast Asian country of Thailand increased by 10.49 percent year-on-year to US$ 3.149 billion during the first eight months of the current year, according to the data from the Federation of Thai Industries (FTI), Thai News Agency reported. However, the exports of apparel declined by 4.15 percent during the same period to US$ 1.957 billion. Somsak Srisupornwanit, chairman of the Textile Industry Club of the FTI, attributed the decline

In celebration of the storied matchup between Texas and Oklahoma, Nike Football unveiled new uniform designs that honor the shared heritage of these tradition-rich rivals who battle annually in the Red River Rivalry. The Sooners and Longhorns will wear these special uniforms in Saturday’s contest, with the winner taking home the coveted Golden Hat Trophy, a golden replica of a 10-gallon cowboy hat that has been kept in possession the winning school's athletic department since 1929. As traditi

A stable garment sector, the main foreign currency earner, will continue to remain the key driving force behind the country’s future economic growth, Rodrigo Cubero, chief of an IMF mission, said yesterday. Political unrest and recurrence of factory disasters like the Rana Plaza building collapse will hamper growth of the sector and the economy of the country as a whole, he said. For a stable economic growth, he suggested improving the infrastructure, power and transport sectors. Cubero

The Union ministry of textiles, undeterred by the limbo over separation in Andhra Pradesh, has drawn plans to invest around Rs 3,000-4,000 crore in the state to set up four to five textile parks in the state. This may even happen in a month or two. “We would invest around Rs 3,000-4,000 crore in Andhra Pradesh to set up textile parks. Instead of exporting raw cotton we should look at exporting value added products. These parks would facilitate to value add in terms of spinning and other proce

Exports of textiles and ready-wear from Turkey's northwestern city of Bursa stood at $1.4 billion in first nine months of 2013. Exports in ready-wear industry reached $396 million to mark a 7.38 percent rise while exports of textiles were up by 11.23% to $1 billion between January and September 2013 from a year earlier. Russia was the biggest buyer of the Turkish goods with $117.638 million followed by Germany, Britain, Romania, the US, Italy, the Netherlands, Iran, Morocco and Spain.

Engineering firm JGC Corp. announced Oct. 4 that it has won a contract to build a large-scale ethylene plant for Chevron Phillips Chemical Co. in the United States. JGC is taking the leading role in a joint venture with Texas-based Fluor Corp. to provide engineering, procurement, and construction services for the ethane cracker to be built at Chevron Phillips Chemical's Baytown complex, near Houston, Texas. The complex's annual production capacity of 1.5 million tons per year will make it

The United States Agency for International Development (USAID) is promoting the knitted garment sector in Pakistan by supporting Small and Medium Enterprises (SMEs) in making exports to the international markets. Recently two among the group of twenty SMEs have made exports worth $3.3 million to the US markets by exporting their products to the world famous US retail outfits. The export products, which were selected on the basis of their compliance to international quality and environmen

The Federal Board of Revenue (FBR) issued a number of statutory regulatory orders (SROs) on Friday and reduced the sales tax on import of fabrics against the commitment the government made with the International Monetary Fund (IMF). The government – in the memorandum on economic and financial policies for 2013-16 presented to the IMF for the latest loan program – had committed to finalise the plan to eliminate the SROs granting exemptions or concessions by December end of 2013. “The gove