Industry News

Source: The Hindu

SA group of garment-sector entrepreneurs, who are part of Young Indians (Yi), is all set to embark on a mission to make Tirupur grow beyond the image of a knitwear hub.

They plan to diversify into denim and woven garment production on a massive scale by setting up production bases in countries from where they will get trade advantages to emerging niche markets.

Source: Reuters

Some leaders of Bangladesh's $26 billion garment industry expect Western fashion retailers to review their ties with the world's second-largest garment exporter after 18 foreigners were killed in an attack on a Dhaka restaurant.

Bangladesh, one of the world's poorest countries, relies on garments for around 80 percent of its exports and for about 4 million jobs, and ranks behind only China as a supplier of clothes to developed markets like Europe and the United States.

Source: The Fashion Law

An Indian government initiative to create millions of jobs and increase exports in the textile and garment industries could put vulnerable workers at greater risk, activists said, calling for better enforcement of existing labor laws. A package to generate 10 million jobs and boost exports by $30 billion over three years was unveiled on Wednesday but the measures, including cutting overtime, have raised concerns about workers' rights.

Source: DhakaTribune

The country's textile and garment makers have renewed their demands for 0.30% tax at source for the next fiscal year to attract more investment.

If it is not possible, they have urged the government to continue the exiting 0.6% for the next fiscal year 2016-17 for the sake of creating more jobs.

Several leaders of the RMG and textile sectors came up with the call at a joint press conference at BGMEA headquarters in the city yesterday.

Source: Sourcing Journal

The Ministry of Labor released a statement Monday asking factory owners and unions to start preparing for the next round of negotiations, Cambodia Daily reported. The talks are scheduled to start in August, with final discussions between government, union and employer representatives pegged for October.

A new minimum wage is expected to come into effect on Jan. 1, 2017.

Source: The Hindu

Garment manufacturers in Tirupur knitwear cluster will explore the possibilities of using wool more in knitwear production to sustain the business all through the year.

Presently, the manufacturers in the cluster are struggling to maintain the momentum round the year due to lack of adequate diversification into value-added winter garments.

Research

Source: JAPAN TODAY

MUMBAI — Global clothing brands must take responsibility for the millions of workers in Asia who are poorly paid by suppliers and ignored by governments, said a campaigner for higher wages in the region, ahead of an International Labour Organization (ILO) conference.

Asia accounts for more than 60% of the world's garment production, with the industry employing more than 15 million people directly, most of them women.

Source: The News(International)

KARACHI: Pakistan's textile exports fell 7.72 percent to $10.395 billion in the first 10 months of the current fiscal year, an official data showed, as lack of product diversity is bringing down the local industry's share in the international market.

The Pakistan Bureau of Statistics (PBS) data showed that textile exports fetched $11.26 billion in the July-April period of the last fiscal year.

Source: Business Standard

Bangladesh, the world's second largest exporter of apparels of western brands, will close 319 more garment factories amidst intense global competition and challenges like devaluation of the US dollar, a top trade association has said.

Expressing worries over the drop in productivities, Bangladesh Garment Manufacturers and Exporters Association's (BGMEA) President Siddiqur Rahman on Saturday said Bangladesh's garment industry was facing myriad challenges.

Source: Reuters

May 5 Bangladesh's exports in April rose 11.82 percent from a year earlier to $2.68 billion, led by stronger sales of garments, official data showed on Thursday.

Exports for July to April, the first 10 months of the country's 2015-16 financial year, rose 9 percent from a year earlier to $27.6 billion, the Export Promotion Bureau said.

Sales of garments, comprising knitwear and woven items, totalled $22.6 billion in July-April, up 10 percent from a year earlier.