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India Gov to provide a large amount of money for textile industry

The India government will provide 330 billion rupees of funds for textile industry, and the investment increases by 51.02% over last year. The government is also concerned about textile exports. For example, in 2006, the export has grown by 21.8%, while the export of 2005 ...

U.S.-China cotton agreement will enhance cooperation

China Cotton Association representatives traveled to Memphis Monday to sign a Memorandum of Understanding, signifying the continued cooperation between China's cotton and textile industries and the National Cotton Council and U.S. cotton interests. The signing is indicative of ...

Ghana: China breaks backbone of local textile industry

China is one pillar of economic growth in 21 century and two-way trade between China and Africa in oil and other commodities has increased to $42 billion than $22 billion in 2005. China s adroitness duplicating African patents in textile has affected textile industry of Africa ...

Walmart hands with India Bharti to establish joint-venture enterprise finally

India famous company Bharti declared that it will found joint-venture company with Walmart, which is the first step for Walmart entering into India retail market. The president of Bharti Sunil Mital disclosed that Bharati has owned general franchise and will open outlets in India...

Brazil Gov to fight against illegal textile imports

Recently, Brazil Federal Administration of Taxation adopted pano quente in all ports and airports in Brazil against illegal imported textiles and clothing from India, China and other eastern countries. The fraud and contraband of such products have been threats to domestic ...

France helps Pakistani textile export to EU

To seize the EU market, Pakistan s local textile manufacturers decide to adopt the help from France. All Pakistan Textile Manufacturers Association (APTMA) Punjab Dis. s president Samir Saigol made above comment during France-Pakistan Seminar with French International Business ...

EU investigation may follow anti-dumping tariff on textiles

China's textile industry may face further investigation from the European Union, after the largest ever anti-dumping tariff on the nation's textiles was imposed on certain chemical fabric products last year. The European Union has notified China about an anti-absorption ...

US imposes anti-dumping tariff on China terylene shirt-cut fiber

US Commerce Ministry promulgatedthat they have reached agreement on imposing anti-dumping tariff of 4.39-44.30% on China terylene shirt cut fiber. Besides, US Customs also claimed that three China enterprises including Shanghai Yuanfang Co. must pay the deposit with bond or cash ...

Challenge for Thailand

BANGKOK: Thai garment manufacturers are studying ways to benefit from the ASEAN-China free trade agreement (FTA), which should enable them to take advantage of lower costs and access to a market of 1.3 billion people. Although the products subject to ASEAN-China FTA tariff cuts ...

South Africa: the new hotspot for Chinese textile enterprises to invest

The Sino-Africa Cooperation summit ended in mid-November 2006 leads domestic textile industry s investment in Africa. Thereinto, as the relatively developed African country, South Africa becomes the first choice for Chinese textile enterprises to invest or set up their branches. ...

HongKong company cooperate with Uzbekistan Light Stock Co. to product cotton garment

Hong Kong SuperTimesHolding Co., and Uzbekistan Light Industry Stock Co., Ltd established a joint-venture company—SuperTimes Co., Ltd. This company with registered capital of 18.3million USD can produce over 4000tons cotton yarn and is anticipated to produce cotton cloth and ...

INDIA: Fourth edition of INTEX from March 27-29

The Finesse Worldwide Expositions is all set to organise the fourth edition of INTEX Autumn-Winter 07-08, India's premier international apparel Fabrics & Accessories trade fair at the NSE Grounds from March 27-29, 2007. The event is supported by the Confederation of Indian ...

Pakistan : Meeting textile export target not easy - Experts

Despite Government’s aggressive measures, textile industry is still having a hard time to gain enough profits. Textile export is dull and products are unable to attract as many overseas consumers as need. Even with the Government subsidies and incentives, exports recorded a ...

India : Govt may rethink on textile machinery duty

Minister of State for Textiles EVKS Elangovan, inaugurated the 48th Joint Technological Conference at SITRA auditorium organized by Ahmedabad Textile Industry’s Research Association, Bombay Textile Research Association (BTRA) and South India Textile Research Association (SITRA). ...

USA : Hosiery & socks makers top at plant closures

A striking phenomenon has been noted among the spate of plant closures from the US textile industry currently facing trials and tribulations for survival. Cheap textile imports, particularly of categories like socks, hosiery, underwear and innerwear from China and other Asian ...

USA : NCTO to Congress - pass Fair Currency Act & save jobs

The National Council of Textile Organizations (NCTO) urged the U.S. Congress to act immediately and address China’s persistent manipulation of its currency by passing the Fair Currency Act of 2007 (H.R. 782/S. 796). This legislation, introduced by Reps. Tim Ryan (D-OH) and Duncan ...

Nigeria : Govt grants added N80 bn to textile industry

Federal Government has decided to provide a grant of N80 billion for the textile manufacturers and farmers, in addition to the already approved N50 billion fund. This amount has been granted to solve the problems like illegal trading and fake brand products that have plagued ...

ESA Trade Group LLC Launches eSourceApparel.com Apparel Industry's First Interactive Online Network for Direct Global Sourcing and Inventory Sales

eSourceApparel.com (www.esourceapparel.com), the apparel industry's first interactive online network for global sourcing and inventory sales, went live today. The unprecedented technology solution meets the sector's pervasive demand for improved sourcing and inventory options. ...

Turkey : Home textile likely to grow three-folds - Tüzmen

Kürsad Tüzmen, the Foreign Trade Minister attended EVTEKS 2007, the Istanbul Home Textile Fair at the CNR Expo exhibition center, yesterday, along with the visiting African Ministers, in the country for second Turkey-Africa Trade Bridge Summit. The Minister said that country’s ...

South Africa : Quotas on Chinese Textile Imports Fasten Internal Ties

When Government imposed import quotas on Chinese textile categories, last year, many domestic retailers and manufacturers opposed the move. However, Department of Trade and Industry’s (dti) Budget Vote, Minister Mandisi Mpahlwa says that the policy has brought local players ...
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