Indian exports
Now that India is no longer constrained by quotas, its intrinsic competitiveness is being revealed. Even though China has made bigger gains in market share last year, India’s impressive performance means it now looks set to be one of the world’s biggest locations for outsourcing textiles and apparel in the future, according to a new report.
Indian apparel exporters record dramatic gains
24 November 2006
Now that India is no longer constrained by quotas, its intrinsic competitiveness is being revealed. Even though China has made bigger gains in market share last year, India’s impressive performance means it now looks set to be one of the world’s biggest locations for outsourcing textiles and apparel in the future, according to a new report.
AUSTRIA: Lenzing to be sold to India's Aditya Birla?
22 November 2006
Austria-based fibre firm Lenzing is lining up for a sale to India’s Aditya Birla Group, according to press reports.
INDIA: Minister pledges commitment to textiles industry
10 November 2006
The Indian government is striving to make the textile sector the backbone of the country’s manufacturing sector, according to Minister for Textiles Shri Shankersinh Vaghela.
INDIA: Bombay Rayon plans capacity increase
9 November 2006
Fabric and garment maker Bombay Rayon Fashions is planning a large-scale increase in its manufacturing capacities, funded by raising term loans under TUFs (Technology Upgrade funds) and further equity.
US: Brandot International signs Indian manufacturing deal
7 November 2006
Apparel giant Brandot International Ltd has formed a joint venture with Indian conglomerate Bannari Amman Group to make sportswear and intimate apparel for retail and wholesale brands in the US and Europe.
EU: Lifts certain polyester fibre anti-dumping duties
12 October 2006
The European Union has lifted six-year anti-dumping tariffs on polyester fibres from India, Indonesia, Thailand and Australia after deciding that the imports no longer pose a threat to domestic producers.
ASIA: China competitors cash in on EU quotas
3 October 2006
European Union (EU) clothing and textile import figures show that China’s Asian competitors in the sector’s global export market have benefited from EU restrictions on importing certain Chinese lines.
INDIA: Alok buys majority stake in Mileta
27 September 2006
Textile solutions provider Alok Industries has bought a 60% stake in Czech fabric maker Mileta International.
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