Industry News

Date : 2017-03-13

Source: http://www.fibre2fashion.com/

The outlook for cotton textiles has been revised to stable for FY18 from negative in FY17 by credit rating agency India Ratings and Research (Ind-Ra). It has also revised its outlook for synthetic textiles to stable for FY18 from negative for FY17. This revision is due to stable input prices, healthy capacity utilization and steady domestic demand scenario.

Date : 2017-02-27

Source: The Daily Star

Bangladesh will have to address three important factors -- higher productivity, workers' wage hike and profitability -- for sustainability of the apparel sector, said an economist yesterday.

Date : 2017-02-15

Source: The National Law Review


On February 8, 2017, the Organisation for Economic Co-operation and Development (OECD) issued its Due Diligence Guidance for Responsible Supply Chains in the Garment and Footwear Sector.


The Guidance promotes a framework of actions that enterprises in this sector can use to address and reduce the negative human rights impacts of their business activities.

Date : 2017-02-14

Source: Viet Nam News


HA NOI - The US and Japan imported garments and textile products worth US$15 billion from Viet Nam in 2016, the Viet Nam Textile and Apparel Association (Vitas) has said.


This accounted for 53.5 per cent of the garment and textile sector’s export turnover of $28.3 billion last year.


To meet its revenue target of $30 billion from exports in 2017, the sector will increase shipments to the US and Japan and maintain an export growth of 6 per cent in the two markets, Vitas said.

Date : 2017-02-06

Source: Digital Journal


Manchester - Graphene is the basis of a new generation of flexible and efficient electronic devices. It has now been used to fabricate a garment, and the garment is suitable for the latest wearable technology.

Ready for the ultimate tech statement garment? Soon you’ll be able to purchase a dress or suit made from graphene. This is the output from a project between a shopping mall, a wearable tech company and one of the U.K.’S most prestigious universities.

Date : 2017-01-20

Source: The Nation


VIETNAM’S garment industry is aiming for exports of $30 billion this year. The target was announced by Le Tien Truong, the general director of Vietnam National Textile and Garment Group (Vinatex).


Truong said the development of the textile and garment market at home and abroad would continue improving due to growth in the US economy, which would spur consumption. This favourable background would support the domestic textile and garment industry in reaching its export target this year.

Date : 2017-01-16

Source: YNFX
Garment accessories manufacturers sought policy support from the government to promote the sector by creating more employments and removing poverty. Bangladesh Garments Accessories and Packaging Manufacturers and Exporters Association (BGAPMEA) President Abdul Kader Khan addressed a press conference in Dhaka yesterday.


The conference was organised to announce Garmentech Bangladesh 2017 and Gapexo 2017 and Yarn and Fabric Sourcing Fair 2017 to be held in the International Convention City Bashundhara from January 18.

Date : 2017-01-07

Source: YNFX

Under the Sri Lankan, East Development program the construction work of Garment factory at Sammanthurai is nearing completion. This garment factory is the second one in the Eastern Province open after forming the good governance.

With the opening of this garment factory, there is a possibility of getting employment for a good number of youngsters from Ampara district, sources said.

This garment factory is constructed at an estimated cost of Rs.100 million jointly sponsored by Eastern Provincial Council and Hameedia real men wear real clothes.

Date : 2016-12-29

Source: The Hindu

Over 6,000 retailers are expected to take part in India’s first Uniform and Garment Manufacturers' Exhibition to be held in Solapur, Maharashtra for three days from January 5 to 7.

The fair is organised by Sri Solapur Readymade Kapad Utpadak Sangh in association with the Maharashtra Textile Ministry and Mafatlal Fabrics. Solapur is gaining significance for garment trade, hence to help its promotion and expansion such international level Uniform & Garment Exhibition is being held, said the organisers in a statement.

Date : 2016-12-25

Source: Pajhwok.com


MAZAR-I-SHARIF (Pajhwok): A new garment factory has been established in northern Balkh province where 150 individuals have been employed and produced thousands meteres of cloth on daily bases.


Haji Baryali Nabizada, the owner of factory, told Pajhwok Afghan News the facility had been made functional over the past one month but was not officially inaugurated. He demanded government support for more production in the factory.