by Manali bhanushali | Jun 15, 2021 | Industry And Cluster, News & Insights
Cotton imports to China are expected to reach a seven-year high in 2020/21, owing to the greatest predicted consumption in three years, substantial State Reserve (SR) imports, and favorable prices for imported cotton relative to domestic supply. China’s imports...
by Manali bhanushali | Jun 11, 2021 | Industry And Cluster, News & Insights
Vietnam’s textile and garment exports to China in Q1 experienced the highest growth among the five largest export markets. The E.U. is facing the risk of a pandemic resurgence, while Japan’s economy is yet to revive. China has indicated in its 14th...
by Manali bhanushali | May 28, 2021 | Industry And Cluster, News & Insights
As the Chinese economy recuperates and business continues, the nation is witnessing an increment sought after for imaginative and reasonable fabrics and attire items. The nation’s exchange fairs are moving rapidly, the fabric market is getting forward with a...
by Manali bhanushali | May 17, 2021 | Industry And Cluster, News & Insights
Image Source: https://menafn.com/updates/pr/Menafn_News_Images/Local_ManufacturingIndustry_25_menafn.jpg According to data from the Ministry of Industry and Information Technology (MIIT), the Chinese textile industry grew steadily in the first three months of the...
by Manali bhanushali | May 6, 2021 | Fibres and Yarns, News & Insights
After witnessing a fall of 10 percent in cotton yarn export during Jan. ’21, India upped its shipment by 2.32 percent on Y-o-Y basis in Feb. ’21, according to the official data released by the Ministry of Commerce and Industry. India’s cotton yarn export valued US $...
by Manali bhanushali | Mar 16, 2021 | Industry And Cluster, News & Insights
16 March 2021, Shanghai – Sateri, the world’s largest producer of viscose fibre, is planning to expand its Lyocell production in China, with total planned annual capacity of up to 500,000 tonnes by 2025. The first phase of this expansion kicked off recently with...
by Manali bhanushali | Mar 5, 2021 | Industry And Cluster, News & Insights
The country’s government will introduce a safeguard tax on ready-made garments imported from China, Vietnam, Singapore and Bangladesh within the next 90 days, Sourcing Journal reports. Last year, the Indonesian Textile Association (API) anticipated a compound annual...
by Ssmundra2612 | Jan 30, 2021 | Industry And Cluster, News & Insights
China’s Eastern Development International (Myanmar) Co. Ltd. under the Dongzhan Textile Group has submitted a proposal to implement a textile manufacturing cluster project in a town in Myanmar’s Sagaing city, an economic hub, at an expected cost of over $370 million,...
by TEXTILE VALUE CHAIN | Nov 19, 2020 | Industry And Cluster, News & Insights
The Central Board of Indirect Taxes and Customs (CBIC) on Tuesday notified that GST e-invoicing will be mandatory for any firm whose turnover exceeds Rs 100 crore from January 1, 2021. The limit set earlier was a turnover of Rs 500 crore. “In exercise of the powers...
by G.Thulessiraman | Sep 26, 2020 | Finance & Economy, Industry And Cluster, News & Insights
India can only perform reforms wen under pressure and now the moment is for big changes. Due to the economy down fall and various factors such as tens of millions losing their jobs in formal and informal sectors, daily recording of 95,000 covid-19 cases; these factors...
by G.Thulessiraman | Sep 26, 2020 | Industry And Cluster, News & Insights
A sum of 224 apps have been banned of China by the Indian app stores in the last few months. To fight back this ban of apps, China has rebranded their apps and have got it listed back on the Indian app store. These apps are rebranded versions of the previous used...
by G.Thulessiraman | Sep 17, 2020 | Industry And Cluster, News & Insights
India has been looking out for building relations and partnerships in the Indo-Pacific for the purpose of embarking a new series of joint military exercises with France and Australia nations. They have deep interests in the southern Indian Ocean. This step if taken up...
