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Textile Market

Is Automation a Threat to Low-Cost Textile Manufacturing Countries?

The textile industry has long been a cornerstone of economic development in many low-cost labor countries, providing employment and fostering industrial growth. However, the advent of automation technologies—such as...

AMEC and DFactory Barcelona Collaborate to Drive Industrial Innovation

AMEC (Asociación Multisectorial de Empresas) and DFactory Barcelona have joined forces to foster industrial innovation and tackle the...

Rieter – Significant Increase in Order Intake in Financial Year 2024

• Order intake of CHF 725.5 million • Sales of CHF 859.1 million • Order backlog of around CHF 530...

EU’s Economic Landscape in 2024: Modest Growth, Textile Industry Challenges, and Sustainability Shifts

As 2024 concludes, the European Union (EU) reflects on a year of economic challenges, modest recovery, and strategic...

Turkish Textile Sector Considers Shifting Production to Syria

Türkiye’s textile sector is exploring the possibility of relocating production facilities to Syria to overcome labor shortages and...

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Brazilian Cotton Prices stable as trading slows in March

The trading pace was slow in the Brazilian cotton market in March. The CEPEA/ESALQ cotton Index, with payment in 8 days, remained stable (+0.1...

Nigeria’s CBN restricts forex sale to textile importers

The Central Bank of Nigeria (CBN) has placed access to foreign exchange (forex) for all forms of textile materials on the Forex restriction list,...

Maharashtra industrial policy aims ₹10 trillion investment

Maharashtra recently unveiled an industrial policy for 2019-24, promising investments worth ₹10 trillion and 40 lakh jobs. Focussed on industrial growth and development of...

S African firms interested in a Mozambique textile unit

South African textile firms are eager to reactivate the factory in Mozambique’s Chimoio belonging to the former Textáfrica – Sociedade Têxtil de Vila Pery,...

PROPOSTE 2019 ; World Preview of Furnishing Fabric and Curtains

PROPOSTE 2019 ; 15/16/17 April 2019 . Villa Erba, Cernobbio (CO) ItalyThe Board of Directors of Proposte Srl, after much debate, has established that...

DNAS, A&E work on platform to detect fake sewing threads

US firm Applied DNA Sciences (ADNAS) is collaborating with American & Efird (A&E), one of the world's leading manufacturers and distributors of industrial and...

Textile Products Trade Registers $8m Surplus

A total of 260,000 tons of textile products worth $955 million were exported from Iran in the first 10 months of the current fiscal year...

Uzbek, Swiss banks sign loan agreement for textile project

Uzbek bank Asaka early this week signed in Zurich a syndicated loan agreement with the Swiss branch of Germany’s Commerzbank AG and the Swiss...

Chinese textile city to harm Egypt’s domestic industry

Setting up of a Chinese textile city in Egypt will severely harm the debt-ridden domestic apparel manufacturing industry that operates with antiquated equipment and machinery, feel...

Cottonseed Production in Iran

cottonseed production in Iran Iran has become self-sufficient in producing cottonseed and can even export it, an official says.“We have produced the cottonseed ourselves and...
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