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After a brief period of decline in textile and apparel exports, including handicraft exports, every month beginning May, June, July and October 2017, there is a turnaround in India’s textile and apparel exports, in November 2017. There has been a spurt in export of handloom products, readymade garments, cotton, silk and jute products, and carpets.
India’s textile and clothing exports registered a 20 per cent increase in November 2017 over October 2017, according to data published by Directora
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Owing to favourable weather in the main producing regions, area planted with cotton in Brazil is expected to increase in 2018, Center for Advanced Studies on Applied Economics (Cepea) said in its latest fortnightly report. In Mato Grosso, the main cotton producing state, inputs costs and anticipated sales point to revenue 10 per cent higher than costs.
“Despite the delay of first rains, weather has favoured summer crops in the main producing regions. Sowing has started in several states, such
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India’s annual rate of inflation, based on monthly wholesale price index (WPI), stood at 3.58 per cent for the month of December 2017 over same month of last year. The index for ‘Manufacturing of Textiles’ group declined by 0.4 per cent to 113.0. The index for ‘Manufacturing of Wearing Apparel’ group rose by 1 per cent to 138.9 in December.
The official WPI for all commodities (Base: 2011-12 = 100) for the month of December 2017 declined by 0.5 per cent to 115.7 from 116.3 for the previous mo
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It is not only fabrics and leather which are required for fashion, unusual materials such as stone and pineapple leaves are the new craze. During the upcoming Berlin Fashion Week, the exhibiting labels at Greenshowroom and Ethical Fashion Show Berlin will display stone shoes, blouses made of colourless plastic bottles and pineapple bags, among other things.
The event will be held during January 16-18 at Kraftwerk Berlin.
When it comes to stone shoes, most people think of the notorious an
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Myanmar exported $1.86 billion worth of products from garment units operating under the cut-make-pack (CMP) system as of the first week of January in fiscal year 2017-2018, according to the commerce ministry. The figure is $568 million higher than exports for the same period in the last fiscal. The industry has been based on the CMP system for over 20 years.
Efforts to shift more toward the higher value-added “free-on-board” (FOB) approach have not met with much success. The country has over
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The spring edition of Intertextile Shanghai Apparel Fabrics will focus on maximising the opportunities from growth areas in the Asian markets. At the summit beginning March 14, 2018, the global and apparel fabrics and accessories industry will discover the latest fashion trends, find new innovations and discuss about means to ensure efficient sourcing.
"As a sourcing platform, Intertextile is unrivalled in the industry. With this, many exhibitors will be under one roof covering the entire app
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Construction of one of Africa's largest textile production facilities, named ‘Tayal Spa’, was flagged off recently by Algeria's industry and mines minister Youcef Yousfi in the north-western Relizane province. Fourty per cent of the production at the $1.5-billion Turkish-Algerian joint venture will cater to the domestic market while the rest would be exported.
The facility will be built in three phases on 2.5 million square-meters in the Sidi Khettap industrial zone in Relizane by the Algeri
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Vietnam targets to earn around $20 billion from the export of footwear, bags and suitcases in 2018. Positive signs in the global economy and rising consumption demand would create favourable conditions for domestic firms in exports and investment, according to Vietnam Leather, Footwear and Handbag Association (Lefaso) vice president Phan Th? Thanh Xuan.
Buoyed by an encouraging export performance last year, the industry sees these targets as achievable keeping in view a positive market forec
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Egypt has started construction of the biggest city for textiles and clothing in the country in Al-Sadat city, minister of industry and foreign trade Tarek Kabil announced recently. The textile city, with 568 factories and $2 billion paid capital to be invested during seven years with 87 per cent foreign investment, will cover 3.1 million cubic metres.
The new city in the Monufiya governorate will offer 160,000 jobs with an estimated annual production worth $9 billion, Kabil said in the prese
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Ten US cotton organisations have pledged industry contributions in 2018 to support the demand-building activities of Cotton Council International (CCI), the National Cotton Council’s (NCC) export promotion arm, headquartered in Washington, D.C. The cotton industry contributions to Cotton USA play critical role in developing export markets.
The ten organisations that have pledged to support CCI activities are the National Cotton Council; Cotton Incorporated; American Cotton Shippers Associatio