by DIGITAL MEDIA EXECUTIVE | May 13, 2023 | Country Report, Finance & Economy
Due to two significant indices that indicate steadfast economic growth, India is viewed as a bright spot in the otherwise bleak global economy. The nation’s manufacturing PMI increased to 57.2, signalling solid manufacturing activity, and the GST collection hit...
by DIGITAL MEDIA EXECUTIVE | May 10, 2023 | Fibres and Yarns
The state’s textile industry is once again experiencing output reductions after suffering last year as a result of high cotton prices and weak demand. Many of the city’s textile processing facilities are operating at 40% of their capacity due to the drop...
by DIGITAL MEDIA EXECUTIVE | May 9, 2023 | cotton industry, COTTON PRICE
The downstream business in South India continued to see weak demand for cotton yarn. In the Tiruppur market, cotton yarn prices decreased by 2-4 rupees per kilogramme, while they were stable in Mumbai with the exception of 40-41 carded warp yarn, which was under...
by DIGITAL MEDIA EXECUTIVE | May 9, 2023 | Fashion, Garment
INSIGHTS By 2029, the Philippines hopes to increase garment exports by 45.8% annually and rank among the top 10 worldwide exporters of clothing. Government organizations and the Philippine Fashion Coalition believe that intellectual property protection is essential to...
by DIGITAL MEDIA EXECUTIVE | May 8, 2023 | Fashion
According to a senior corporate official, Aditya Birla Fashion & Retail (ABFRL) will seek between 700 and 800 crores in debt to aid in financing the purchase of TCNS Clothing. “For funding, we’ll need to raise between 700 and 800 crore through the...
by DIGITAL MEDIA EXECUTIVE | May 2, 2023 | Trade Analysis
Serbia’s imports and exports both grew significantly in 2022. It’s interesting to note that the country’s garment imports and exports were practically identical, with exports rising by $696 million and imports reaching $700.623 million in the same...
by DIGITAL MEDIA EXECUTIVE | Apr 28, 2023 | cotton industry, COTTON PRICE
The entire textile value chain in Gujarat, India, is switching over to less expensive fibres like viscose and polyester as a result of the growing price of cotton. Though it won’t happen immediately, India’s officials are working hard to shift the...
by DIGITAL MEDIA EXECUTIVE | Apr 25, 2023 | Fabrics & Processing
Given that both Sri Lanka and Bangladesh are significant exporters of clothing and rivals on the world market, a preferential trade agreement (PTA) between the two nations has the potential to increase bilateral commerce in fabric and yarn. Significant textile...
by DIGITAL MEDIA EXECUTIVE | Apr 20, 2023 | cotton industry
India’s rates for polyester-cotton (PC) and poly spun yarn held steady despite a lack of new purchases from the weaving industry. Although production operations geared towards exports may increase up by the end of April, buyers were unenthusiastic about...
by DIGITAL MEDIA EXECUTIVE | Apr 18, 2023 | News & Insights
The State’s successive governments, according to women working in the clothing industry, have allegedly failed to safeguard their interests. They claim that authorities’ indifference has compelled them to keep fighting for a fair wage and a better working...
by DIGITAL MEDIA EXECUTIVE | Apr 17, 2023 | Event Update
The “ITM Uzbekistan 2023 Exhibition” will bring together buyers from Central Asia and Turkic Republics with textile and garment technology producers in Uzbekistan New Expo Centre from September 12–15, 2023. The “ITM Uzbekistan Exhibition” will...
by DIGITAL MEDIA EXECUTIVE | Apr 14, 2023 | Garment
The export orders from the United States and Europe that Tirupur, the textile capital of India, had anticipated in the aftermath of the COVID outbreak, did not come through. Eight lakh workers and their families must deal with uncertainty as more MSME businesses close...
