The following is a round-up of apparel and footwear news from the world’s local media.
- India’s government has started an anti-dumping probe into a select Chinese polyester yarn following complaints from SRF Ltd and Reliance Industries. The Directorate General of Anti-dumping and Allied Duties (DGAD), under the Commerce Ministry, says it has “sufficient” evidence of dumping of ‘high tenacity polyester yarn’ from the neighbouring nation. ASIAN AGE
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A program led by New York based Natural Resources Defense Council (NRDC), has helped 23 textile mills in China achieve more than US$8m in savings annually by implementing eco-friendly efficiency improvements. The Clean by Design (CBD) joint effort, which calls upon multinational apparel retailers and fashion brands to take responsibility for the environmental impacts of their factories abroad, urged participants to adopt measures to lift efficiency such as capturing heat and recycling water from the final rinse cycles, insulating steam systems, and reducing leaks in equipment. These improvements have “dramatically reduced” the pollution generated by these mills, saving 4m tonnes of water and more than 30,000 tons of coal (or its energy equivalent) per year. EN.PEOPLE.CN
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Vietnam’s Ministry of Industry and Trade (MoIT) says the country’s development plan for its leather and footwear industry, covering the years 2025 to 2035, needs to change in order to increase the value of the country’s products and boost development growth. Phan Chi Dung, head of MoIT’s Light Industry Department, said according to the revised development plan, the industry must ensure development with high growth rate and remain one of the key export industries in the domestic economy. The revised plan aims to achieve an annual export growth rate of 10% to 15% during the 2016 to 2020 period, 8% to 9% in the 2021 to 2025 period, and between 4% and 5% from 2026 to 2035, with export revenue expected to reach US$24bn to $26bn by 2020, $35bn to $38bn by 2025, and $50bn to $60bn by 2035. The plan also targets to raise the local content rate of footwear products to 45% by 2020, 47% by 2025 and 55% by 2035. VIET NAM NEWS
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