Two Chinese-backed firms to set up textile-garment units in Egypt
Foundation stones were recently laid for two projects worth a combined $20.5 million in Egypt’s West Qantara Industrial Zone by the Chinese-backed Hui Zhou Top...
Tag : textile industry
India’s cotton arrivals to peak by mid-November: CCI
by TexMart NL
India’s cotton arrivals are expected to increase next week, reaching their peak by mid-November. Farmers are likely to bring seed cotton in bulk once the...
India partially exempts synthetic fabric import from MIP
by TexMart NL
The Indian government has partially exempted synthetic fabrics under ITC HS code 60053600 from the minimum import price (MIP) of $3.5 per kg. Fabrics falling...
Egypt seeks to attract Turkish investments in textile, RMG sectors
by TexMart NL
The Egyptian Commercial Service (ECS) office in Istanbul has intensified its investment promotion activities targeting Turkiye’s readymade garments (RMG) and textile sectors and their supporting...
India and Saudi Arabia Strengthen Textile Partnership, Eye New Investments and Innovation
by TexMart NL
A major highlight of the meeting was the discussion on Man-Made Fibre (MMF) and Technical Textiles, recognized as high-growth sectors in both economies. In a...
Indian textile exporters turn to Europe, offer discounts to offset US tariffs
by TexMart NL
Indian textile exporters are seeking new buyers in Europe and offering discounts to existing U.S. customers to cushion the blow from steep U.S. tariffs of...
How cheaper Indian yarn throws Bangladesh textile out of competition
by TexMart NL
Bangladesh’s textile mills are grappling with a severe slump in yarn and fabric sales and warehouses are overflowing with unsold stock as garment makers increasingly...
Textile stocks in demand; Gokaldas, Indo Count, Sangam zoom up to 17%
by TexMart NL
Shares of textile companies including garments & apparels were in focus, rallied up to 17 per cent on the BSE in Friday’s intra-day trade. Among...
Russia and India sign agreement to strengthen cooperation in textile sector
by TexMart NL
Russia and India have agreed to deepen their partnership in the textile industry, with plans to expand production and increase trade in raw materials, finished...
Govt notifies major amendments to PLI scheme for textiles
by TexMart NL
The Textile Ministry on Thursday announced significant amendments to the Production Linked Incentive Scheme for textile products with an aim to address challenges faced by...