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India FDI Reforms.

By   /  November 14, 2015  /  Other Textile News  /  No Comments

New Delhi, India – India is the fastest growing economy among major Nations.  The World Bank has improved India’s ranking by 12 places in the 2016 Study of Ease of Doing Business. FDI has gone up by 40%.  Several Global Institutions have projected India as the leading destination for FDI in the World.  IMF has […]

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India Explores Investment Options in Bangladesh Textiles and Clothing.

By   /  October 30, 2015  /  Apparel & Fashion, Featured News, Other Textile News  /  No Comments

India / Bangladesh – The Financial Express reports that Indian business delegation is exploring investment and sourcing potentials in the country’s textiles and clothing sector, but their local counterparts discourage involvement in stitching.  

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Omani Firms Urged to Invest in India’s Textile Sector.

By   /  October 20, 2015  /  Other Textile News  /  No Comments

Oman / India – Times of Oman reports that Omani companies have been encouraged to invest in India’s textile sector, which is the second largest employer in that country, offering direct employment to around 35 million people.

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Vietnam to Rely on Indian Cotton.

By   /  October 15, 2015  /  Cotton News, Other Textile News  /  No Comments

Hanoi, Vietnam – Vietnam News reports that India had great opportunities to provide raw materials for VietNam’s textile industry, said Doan Duy Khuong, vice chairman of the Viet Nam Chamber of Commerce and Industry (VCCI), at the Viet Nam – India textile cooperation conference on Monday in Ha Noi.

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US$300 Million Credit Package to Promote India-Vietnam Garment Cooperation.

By   /  June 23, 2015  /  Apparel & Fashion, Enewsletter  /  No Comments

Vietnam / India – The Voice of Vietnam reports that Indian Government has officially kicked off the preferential credit package of US$300 million to promote India-Vietnam garment cooperation. India eyes investments of US$550 million in Quang Binh India, Vietnam eye leather business co-operation

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India Signs Free Trade Agreement with Eurasian Economic Commission at SPIEF 2015.

By   /  June 20, 2015  /  Other Textile News  /  No Comments

India / Russia – TASS  Russian News Agency reports that India’s Minister of State for Commerce and Industry Nirmala Sitharaman has signed a framework agreement together with Eurasian Economic Commission (EEC) Trade Minister Andrey Slepnev.

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Production in India of All Man-Made Filaments & Fibres to Increase in 2015-16.

By   /  May 12, 2015  /  Featured News, Yarn & Fibre  /  No Comments

Mumbai, India – Demand for most man-made filaments & fibres was subdued in 2014-15. This was due to a decline in prices of cotton yarn during the year which improved its competitiveness vis-a-vis synthetic yarn. Moreover, a levy of anti-dumping duty on imports

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World Bank: India’s Economy has Turned the Corner, Wider Reforms are Needed to Boost Economic Growth.

By   /  May 2, 2015  /  Featured News, Other Textile News  /  No Comments

United States / India – India’s Government has announced an ambitious development agenda supported by a three-pronged strategy – promoting fast and durable economic growth, especially in manufacturing,

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Indian, Vietnamese Garment Firms Tie Up.

By   /  April 21, 2015  /  Apparel & Fashion  /  No Comments

Vietnam / India – Vietnam Plus reports that Indian Synthetic and Rayon Textiles Export Promotion Council (SRTEPC) has announced a tie-up with lingerie maker Anh Khoa Production and Trading Co. Ltd. A memorandum of understanding was signed on the occasion of a visit by Smita Pant,

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Indian Textile Sector Says Vietnam a Collaborator, Not a Rival.

By   /  April 14, 2015  /  Featured News, Other Textile News, Yarn & Fibre  /  No Comments

India / Vietnam – Vietnam News reports that Indian and Vietnamese textile and apparel industries are more complementary than competing in nature, and so co-operation would result in a win-win situation, the Synthetic and Rayon Textiles Export Promotion Council of India has said.

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