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  • The Indian textile ministry recently opposed the final findings of the Directorate General of Trade Remedies (DGTR) recommending the imposition of anti-dumping duty (ADD) on nylon multifilament yarn. In a letter to the deputy secretary of the department of revenue, the textile ministry stated that nylon multifilament yarn is a key raw material for the power loom industry, including knitting and weaving.Pic: pxhereThere should not be any ADD imposed on the import of yarn from China, Korea, Taiwan
  • The Indian cotton spinning sector is expected to log a 25-30 per cent year-on-year decline in revenue and a 300-400 bps contraction in operating margin in FY2021 amid the COVID-19 led disruptions in manufacturing activities and an all-encompassing weakness in demand from the downstream segments, within as well as outside the country, according to ICRA.Pic: Shutterstock"While the industry was pinning its hopes on a gradual recovery in cotton yarn exports from Q4 FY2020 onwards, aided by the
  • The export of coir and coir products from India registered ₹2757.90 crore for the year 2019-20, which is an all-time high record. This was ₹30 crore higher than ₹2728.04 crore exports made in 2018-19. In terms of quantity, 9,88,996 MT of coir and coir products were exported in 2019-20 from the country as against 964046 MT exported in the previous year.Pic: Coir BoardExports of coir pith, tufted mats, coir geo-textiles, coir rugs and carpets, coir other sorts, coir rope and powerloom mats registe
  • Exhibit-delegation of "Silk Road Keqiao -Global Tex" is attending the 2020 Greater Bay Area International Trade Fair for Apparel Fabrics and AccessoriesOn 15 - 17 July 2020, the 2020 Greater Bay Area International Trade Fair for Apparel Fabrics and Accessories is being held in Shenzhen World Exhibition & Convention Center(NEW Venue). Exhibit-delegation of "Silk Road in Keqiao,Connect Whole World Together" which contains 22 high-quality textile enterprises from Keqiao, nam
  • UK interior minister Priti Patel recently condemned a ‘modern-day scourge’ in the country’s textile sector, following reports that thousands were working in modern slavery. Parliamentarians urged Patel to do more to eradicate the ‘clear evidence of modern slavery in plain sight’ at garment factories, particularly in Leicester, central England. Leicester has at least 1,000 garment factories.In the last few weeks, campaigners highlighted pressure on workers to stay on the job at textile factories
  • Global Fibre Technologies is partnering with Fibre Conversion to further the commercial viability of “rejuvenation technology” by its subsidiary Ecotek 360. Fibre Conversion has a large facility with two commercial grade recycling lines and a full machine shop which will allow Global to start testing commercial viability of the technology immediately.The two have signed a collaboration agreement in this connection.Chris Giordano, Global’ s chairman and president stated, “We are now at the point
  • Dony Garment, a Vietnamese garment production company, has made protective gear including face masks as its main production line in the wake of COVID-19 pandemic. The company has received certification on quality and safety from Vietnam, France, Germany, the United States and other countries which has ensured that its products are in high demand."We began with two local orders in March with about 70,000 units. By the end of the month, we sealed the first export order from the Middle East. T
  • Vietnam’s textile and garment sector could see more job losses in the second half of the year because of order cancellations by global buyers, according to a recent report by the ministry of industry and trade, which said textile production grew by 2.8 per cent year on year (YoY) in the first half of the year compared to 11.5 per cent in the same period last year.Garment production fell 4.7 per cent with the industry having difficulties sourcing raw materials and rapidly losing export orders to
  • PHNOM PENH - Cambodia's garment industry had issued a renewed plea for help amidst new statistics revealing that more than 150,000 workers have now lost their jobs during the coronavirus pandemic.Factory owners and trade unions both called on the government, and other agencies, todo more to support the industry andformer garment workers who were facing abject poverty.The Garment Manufacturers Association in Cambodia (GMAC) warned that the situation was still not improving, despite lockdown e
  • The organisers of Yarn Expo Shenzhen, a sourcing platform of natural and blended yarns, has announced that 115 exhibitors will participate in the debut event, from July 15-17, in hall 10 of the brand new Shenzhen World Exhibition and Convention Center. Yarn Expo Shenzhen will be held concurrently with Intertextile Shenzhen Apparel Fabrics, CHIC and PH Value.Pic: Yarn Expo ShenzhenWhile this new edition of Yarn Expo provides the yarn and fibre industry with the ideal gateway to capture the potent
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