Apparel manufacturers at Ashulia off the capital city are no more interested to make any fresh investment in this industrial belt because of frequent labour unrest there, industry insiders said. Rather some of them are planning to relocate their existing factories from the agitation-prone Ashulia garment manufacturing hub to other suitable places while many others have put on hold their factory expansion plans, they mentioned. According to them, many readymade garment (RMG) makers are in a dil

Walmart, one of the world’s biggest retail chains, has rejected the offer of Pakistani readymade garments manufacturers to meet fresh orders due to the law and order situation and other economic problems in the country, said Bilal Mulla, leading ready-made garments manufacturer in Pakistan. He was speaking at a meeting of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Saturday about the difficulties faced by export-oriented sectors. Earlier this week, Walmart banned

Textile industry has started looking for alternate energy source to deal with unprecedented loadshedding, leaving many units unproductive due to restricted supply of gas to the Captive Power Plants (CPPs) of the industry. According to the industry, the millers are looking for the option of solar energy and feasibilities are under their consideration right now. In addition, a few of them are also vying for coal generation. It is also worth noting that the APTMA has offered a facility of energy a

The Governments of India and Iran have reached a basic barter deal, wherein India will be able to buy Iranian oil in exchange for its textiles. Initially, a preliminary agreement would be signed between the private sectors of the two countries for Iranian imports of textile machinery and raw materials from India, which would be followed by general agreements between the two Governments on exchange of oil for goods, Iranian Labour News Agency said quoting Reza Tofiqi, vice president for mark

Chinese sportswear maker 361 Degrees International Ltd reported a drop in winter orders of 17 percent, hitting Q1 profits. Other local sportswear brands have also witnessed a fall in orders and profits. Fujian-based Xstep saw fourth quarter orders plummet by 15 to 17 percent. Anta, another sportswear brand headquartered in Fujian, also had a five to 15 percent drop in orders in the fourth quarter. "The sportswear industry has reached maturity," said Ma Gang, an industry analyst. "Some player

Cotton prices remained unchanged as demand was normal and supply was limited supply. According to market sources, mostly South-based mills were active in buying. Gujarat Sankar-6 cotton was traded at Rs 37,900-38,200 a candy of 356 kg. Medium grade cotton stood at Rs 37,500-37,800. V 797 cotton A grade was offered at Rs 27,000-27,500 in Gujarat. Kapas or raw cotton was traded at Rs 945-975 for 20 kg and Kadi delivery kapas price was Rs 970-995. About 10,000-12,000 bales of 170 kg each of cot

The value added textile sector has opposed a proposal to abolish the ministry of textiles and merge it with the ministry of commerce. In a letter to PML-N chief Nawaz Sharif, the value added textile sector mentioned that the ministry of textile was established on the demand of the value added textile export sector and that its establishment boosted textile exports. The letter conceded that there were problems later as the policy was not implemented. Javed Bilwani of Value Added Textile

EU market was the second largest consumer of garments and textiles from Vietnam, after the US market, but the ongoing debt crisis in Europe has caused a slump in this industry, with Japan now replacing it as the second largest importer. The US, EU, and Japan markets have been key markets of Vietnam’s garment and textile industry for several years with the US as the largest importer, EU market following next and Japan at third place. In 2011, Vietnam’s garment and textile industry saw growth in

With an aim to create skilled workforce to cater to the manpower shortage in the textile industry, the Union Ministry of Textiles has decided to create specialized training centres at eight locations in the country, including Malegaon, for training workers as sewing machine operators (readymade garments) and fully computerized multi-head embroidery machine operator. Apart from Malegaon, the other seven centres are Kannur in Kerala, Bhagalpur and Ranagat in West Bengal, Nagry and Hyderabad in A

Wendy Sherman, U.S. under secretary of state for political affairs, talks during a news conference in Dhaka May 27, 2013. Credit: REUTERS/Andrew Biraj International garment buyers, particularly those in the United States, have a crucial role to play in ensuring the safety of Bangladesh's garment workers, a senior government official said on Monday. A series of deadly incidents at factories in Bangladesh, including the collapse of a building housing garment factories last month that killed