In the 2015/16 season, world cotton imports may recover modestly, increasing 2 per cent to 7.7 million tons with imports outside of China rising by 3 per cent to 6.1 million tons. In 2011/12, Chinese imports more than doubled from the ...
Pakistan's National Assembly standing committee on textile industry has recommended 2 per cent uniform rate of sales tax, against the proposed 5 per cent by the Federal Board of Revenue (FBR), on five leading export-oriented sectors - ...
Textile exporters in India are a worried lot after failing to meet the export target for the last financial year, according to media reports. "These declining trends in exports are a matter of deep concern," Texprocil chairman R K Dalmia ...
Tags: Textile
China's new 10-year new-energy vehicle development plan has more objective, practical goals than the one released in 2012, after NEV sales in the first quarter accounted for only 5 percent of this year's original target. The Ministry of ...
Grupo Modelo, an arm of beverage major Belgium-based Anheuser-Busch InBev, will pump in $325m in two plants in Yucatan, Mexico, including an aluminum beer-can unit. The cans manufactured at the new unit will replace those being currently ...
Tags: Grupo Modelo, Packaging
While government estimates released Wednesday show the overall U.S. economy contracted, they indicate the sporting goods industry continued to grow. Real gross domestic product - the value of the production of goods and services in the ...
Haiti’s centre for the facilitation of investments (CFI) signed a memorandum of understanding (MoU) with the association of industries in Haiti (ADIH) to strengthen textile investments in Haiti. Backed by the Inter-American ...
Tags: Textile Sector, Haiti
Chiripal Group company and India’s second biggest denim fabric producer, Nandan Denim Limited posted revenue growth of 22.7 per cent year over year in the fourth fiscal quarter ended March 31, 2015. In a press release, Nandan Denim ...
Tags: denim fabric, Textile
India’s textile and garment exports registered an almost flat growth at $41.4 billion in 2014-15, against $40.8 billion in the previous fiscal, falling short of this year’s target of $45 billion, according to media reports. ...
Tags: Garment Exports, Textiles Exports
The total volume of Egyptian cotton exports rose by a whopping 94.3 per cent year-on-year during the second quarter of the 2014-2015 agricultural season, to reach 246,000 metric quintals, a leading Egyptian newspaper reported quoting a ...
Bangladesh may emerge as an unlikely saviour for the Indian cotton sector that has been left reeling in the face of low Chinese imports. Indian cotton export is expected to fall to a six-year low as China continues to cut imports. According ...
Tags: Cotton Imports, Cotton
South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant. Both countries want more of this trade to be done in yuan, which would make trade ...
Tags: trade surplus, Chinese currency
Japanese automobile technology firm FOMM is scouting for a local partner to set up an electric vehicle plant in Thailand, picturing the country as a hub for European exports. The unit, estimated to entail an investment of $10m, would ...
Tags: FOMM, Electric Vehicle
Use of textile chemicals during the manufacturing and processing of textile products enhances product quality and provides special properties to the fabric. Due to such properties, usage of these chemicals in textile manufacturing is ...
USDA said it has initially projected the 2015/16 global cotton crop at 111.3 million bales, 7 per cent or 8 million bales below the 2014/15 estimate. In a report, USDA said area reductions in many countries are expected to account for ...
Tags: Cotton Crop, cotton