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South Indian Cotton Yarn Market Remains Steady Ahead Of Union Budget

The South Indian cotton yarn market is witnessing a steady

Bangladesh Fabric And Yarn Imports Decline 3.20% In 2025

Bangladesh fabric and yarn imports recorded a 3.20% decline in

India–EU FTA To Cover One-Third Of Global Population, 25% Of World GDP: Piyush Goyal

Citing the India–EU FTA (Free Trade Agreement), Union Minister of

MSME Investment And Turnover Limits Revised To Boost Scale And Competitiveness

The limits of investment and turnover for the classification of

Tag: Apparel & Textile News

TEA Requests For One TIime Exemption
Apparel and Textile News National News Trade Info News

TEA Requests For One Time Exemption from MODT Pay

In a press release issued today, Raja M. Shanmugham, President said after the Finance Ministry’s announcement of stimulus measures for the MSMEs, including 20% of entire outstanding credit as a collateral free loan, when the exporting members approached the Banks to avail the loans, the banks are insisting to submit the MEMORANDUM OF DEPOSIT OF […]

Initiatives To Boost Employment In Textile Sector
Apparel and Textile News Ministry of Textiles News

Initiatives To Boost Employment In Textile Sector

The centre has recently taken some initiatives to boost employment generation in textiles and retail sector. Under the Pradhan Mantri Rojgar Protsahan Yojana (PMRPY), employers would be provided an incentive for enhancing employment by reimbursement of the 8.33 per cent Employer’s Pension Scheme (EPS) contribution made by the employer in respect of new employment, Bandaru […]

Curbs on Cotton Yarn Exports Sought
Apparel and Textile News Trade Info News

Curbs On Cotton Yarn Exports Sought

In the wake of frequent price fluctuations of cotton and yarn, hosiery garment manufacturers urged the government to impose restrictions on the export of these articles. President of South India Hosiery Manufacturers Association, A. C. Eswaran said it was necessary to control the export of cotton and yarn to prevent escalation of prices amidst reports […]

Exinfinitas & Macgraw Win Woolmark Prize
Apparel and Textile News Global News Trade Info News

Exinfinitas & Macgraw Win Woolmark Prize

‘Exinfinitas’ and ‘Macgraw’ have been named winners of the 2016/17 International Woolmark Prize Australia and New Zealand regional final in the menswear and women’s wear categories, respectively. In women’s wear, Beth and Tessa Macgraw showed a two-piece look. One an overcoat made of 17-18 micron Australian Merino wool and another, a pure wool dress made […]

AEPC Optimistic About New Textile Minister
Apparel and Textile News Ministry of Textiles News

AEPC Optimistic About New Textile Minister

Apparel Export Promotion Council (AEPC) has congratulated Smriti Zubin Irani, for taking over as the textile minister. The apparel sector holds strategic significance due to its unparalleled employment generation capacity, specially for women. The sector has been one of the front runners in the Prime Minister’s skilling initiative and has provided employment to numerous unskilled […]

Apparel-Textile-Sourcing-Show-in-Canada-on-August
Apparel and Textile News Events and Exhibitions News

Apparel Textile Sourcing Show in Canada on August

 Canada’s first apparel and textile sourcing show, ‘Apparel Textile Sourcing Canada’ (ATSC) will be held at the International Centre in Toronto from August 22. The three-day trade show brings together more than 200 apparel and textile manufacturers from around the world, including China, India, Bangladesh, Mexico, the US, Honduras, Peru and other countries. “ATSC will […]

Apparel and Textile News

Rs 1.75 Cr Sales by H&M on Opening Day

Global fashion company Hennes & Mauritz (H&M) clocked more than Rs 1.75 crore in sales on the opening day of its first store in India, almost double what its largest rival Zara sold on its inaugural day five years ago at the same location, Select CityWalk mall in New Delhi, according to informed sources. This […]

Apparel and Textile News

H&M Plans India Entry

As H&M, the world’s second-largest fashion brand, lines up musical performances for the opening of its first store at Select City mall on October 2, a national holiday, its closest rivals Gap and Zara are readying for a showdown with hefty discounts and early store opening, according to people aware of the retailers’ plans. Gap, […]

Better Conditions Can Empower Female Garment Workers
Apparel and Textile News Trade Info News

Better Conditions Can Empower Female Garment Workers

Better conditions for female garment workers can boost productivity while empowering the industry’s largely female workforce both inside and outside factory walls, a new World Bank Group study said. The study titled ‘Interwoven: How the Better Work Programme Improves Job and Life Quality in the Apparel Sector’, assesses the impact of improvements under the Better […]

TEA Welcomes Reduction of Repo Rate
Apparel and Textile News Trade Info News

TEA Welcomes Reduction of Repo Rate

Tirupur Exporters’ Association ( TEA ) Chairman, A.Sakthivel hailed the RBI’ move to reduce Repo Rate by 0.5 per cent and endorsed its view in this statement that banks should come forward and transmit the rate reduction to customers. The Cash Reserve Ratio (CRR) unchanged at 4.0 per cent. Sakthivel said banks should also workout […]

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