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US LARGEST TRADING PARTNER OF INDIA DURING APR-OCT
The government on Friday said during the April-October period this fiscal, the US has once again emerged as the largest trading partner of India with bilateral merchandise trade of USD 67.41 billion. The US has been the largest trading partner of India with respect to merchandise trade since 201...Read more -
CHIEF MINISTER M.K. STALIN DEMANDS REMOVAL OF IMPORT DUTIES ON COTTON
The Chief Minister of Tamil Nadu, requested the Union Textiles Minister to take steps to remedy the situation and protect the industry and jobs. With the intention of fostering the health of Micro Small and Medium Enterprises, Tamil Nadu Chief Minister M K Stalin has urged the Centre to remove 1...Read more -
INDIA LOOKING AT $2.5BN INVESTMENT IN TEXTILES SECTOR
The ‘Textile Week’ kicked off yesterday at the India Pavilion in EXPO2020 with the country looking at a fresh investment of $2.5 billion in the sector, which would be key to a ‘Self-reliant India’ and becoming a preferred global sourcing partner in textiles. The textile industry will showcase In...Read more -
INDIA-UK FTA TALKS STARTING ‘IMMINENTLY’: UK CBI PRESIDENT BILIMORIA
Formal negotiations for an India-UK free trade agreement (FTA) will imminently begin and will be as comprehensive as possible to cover all aspects of the bilateral relationship, according to Lord Karan Bilimoria, president of the Confederation of British Industry (CBI). His statement follows UK ...Read more -
Biden suspends Ethiopia, Guinea and Mali from AGOA
Ethiopia will be suspended from the tariff-free export scheme for “gross violations of internationally recognized human rights”, says President Biden. Ethiopia is to be suspended from the United States’ tariff-free African Growth and Opportunity Act (AGOA) in a sign of the continuing deterioratio...Read more -
EXCLUSIVE GERMAN PAVILION TO BRING TECHNOLOGIES FROM TOP GERMAN MANUFACTURERS AT TECHTEXTIL INDIA 2021
The return of Techtextil India through the new hybrid edition will provide a strong reboot to the industry by facilitating business collaboration, sourcing and learning opportunities in technical textiles. India’s leading technical textile brands including JB Ecotex, PARK Nonwoven, Loyal Textil...Read more -
JAMMU & KASHMIR A PRIORITY REGION FOR THE INDIAN TEXTILE MINISTRY
Union Minister of State for Textile Darshana Vikram Jardosh has said that Jammu & Kashmir is a priority region for the Textile Ministry. Chairing the National Institute of Fashion Technology’s (NIFT) second convocation at Srinagar’s Sher-i-Kashmir International Convention Centre, the Ministe...Read more -
Turkey’s textile manufacturing sector may feel impact of gas rate hike
Turkey’s textile manufacturing industry may feel the impact as the government recently raised the price of natural gas supplied to the industry and power plants by 48 per cent and 47 per cent respectively, as a global price spike drove up import bills. Consumer gas prices remain unchanged, the s...Read more -
INDIA-CHINA TRADE MAY TOUCH $100-BN MARK THIS YEAR
India-China trade volume may seemingly cross $100 billion this year as the total has already hit $90.37 billion in the first nine months—an increase of 49.3 per cent year-on-year (YoY)—despite a chill in bilateral ties due to the ongoing military standoff between the two countries in eastern Lad...Read more -
Rise In Egypt’s Cotton Pricing
Cotton prices in Egypt have reached all-time highs, owing to rising demand and a drop in worldwide production. The price of a qantar of cotton (about 157kg of seed cotton or 45kg of lint cotton) has risen by more than 70% since last year, reaching almost LE3,900. Last year, it was sold for...Read more -
2019-2029 Global Outlook Forecast of Textile Flooring Market
Future Market Insights has released a new market research study on the textile flooring market, which contains worldwide industry analysis for 2014–2018 and opportunity evaluation for 2019–2029. Future Market Insights has released a new market research study on the textile flooring market, whic...Read more -
ISKO COLLABORATES WITH MORE RESEARCH TO ADVANCE CIRCULAR INNOVATIONS
Denim mill in Turkey Isko is continuing its circular journey by forming a new cooperation with the Swedish research and development firm MoRe Research, which is part of the Rise Research Institutes of Sweden. The companies will collaborate to create innovative, sustainable technologies that wil...Read more