The following is a round-up of apparel and footwear news from the world’s local media. just-style has not checked these stories so cannot guarantee their accuracy.
- Indonesian clothing and textile producer PT Apac Inti Corpora hopes to make US$350m in annual sales after modernisation of its factories is complete. The company plans to modernise its production facilities replacing old spinning machines in 2012 with an investment of $15m. Indonesia hopes to export $11.8bn worth of textiles this year, up 10.4% from last year. ASIA PULSE
- Import tariffs levied against resources and high-tech products will possibly soon be lowered and favourable rules could be introduced to ensure people buy luxury goods in China instead of heading overseas, according to economic advisers. In addition to cuts in import tariffs on these products, the procedures that importers must follow will be simplified. CHINA DAILY
- The New Mangalore Port Trust (NMPT) has added garment to its composition of export cargoes and is planning to handle 25 TEUs (20-foot equivalent units) of garment cargo every month. The first consignment of 4,237 packets of garments produced at the Hassan SEZ by Himatsingka Seide. THE HINDU BUSINESS LINE
- The Uzbek state statistics committee has announced that the production of cotton-fiber in Uzbekistan grew by 7.5% year-on-year in January-December 2010 to 1.125m tonnes. The committee also said that Uzbekistan produced 185,800 tonnes of cotton-yarn in the reporting period, up 19.6% year-on-year. The volume of knitwork output in Uzbekistan grew 50% in January-December 2010 to 50.5m units. UZDAILY.COM
- Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has protested against government orders to shut down factories during the cricket world cup matches, saying the move will badly affect the country’s economy. Factory owners have been instructed to close for six hours every evening until the final match on 2 April so that power cuts do not affect cricket fans watching the games on television. AFP
- Namimpeks-tekstil LLC plans to construct a textile plant in the Namangan city of Uzbekistan with an investment of UZS10bn soums to buy and install the equipment, spare parts and construction of other assembling works. Plans include having a production capacity of 3,900 tons of yarn, 8m meters of cotton cloth and 500,000 units of ready made garments and likely to generate 200 jobs. UZREPORT AGENCY
- Indonesia’s imports of footwear from China almost doubled in a year after the Asean China Free Trade Agreement came into effect, official figures show. China’s products dominated 61% of imports of footwear by Indonesia as shown by data. Altogether the country imported USD11.01m worth of footwear in January from various counties, up 57% from USD7.03m in the same month last year. ASIA PULSE
- Turkish state minister for foreign trade Zafer Caglayan attended the inauguration of the new facilities of the Turkish AYKA Addis unit in Ethiopia on Thursday (10 March). The factory will have a total of $200m of investment and increase its number of personnel to 10,000 after the new facility is completed. ASIA PULSE
