Tag: textile

$100B Textile Export Vision: India Bets Big on MSMEs

India is striving to hit $100 billion in textile exports within the next five years, with success relying heavily on the ability to support and scale...

Global Cotton Production Drops in 2024–25, USDA Forecasts

The United States Department of Agriculture (USDA), in its May 2025 World Supply and Demand Estimates (WASDE) report, has forecasted a decline in global cotton...

India Restricts Bangladeshi Garment, Boosts Local Industry

New Delhi: The Indian government has enacted stricter import regulations, making Bangladeshi ready-made garments (RMG) more expensive to enter the Indian market. Effective immediately, these...

Kenya: Second-Hand and Local Apparel Sectors Can Coexist

A recent study conducted by the Institute of Economic Affairs Kenya and the Mitumba Consortium Association of Kenya (MCAK) has revealed that Kenya’s second-hand clothing trade, popularly known...

Australian Wool Prices Steady Amid Renewed Chinese Demand

Australian wool auctions saw price declines mostly stabilize this week, supported by renewed interest from China’s two largest Merino top manufacturers. These buyers accounted...

Bangladesh Garment Industry Sets Global Standards: Report

Twelve years after the Rana Plaza tragedy, Bangladesh's garment sector has undergone a remarkable transformation. A new report from the Center for Media and...

De Minimis Policy to End Globally Under New US Bill

The US National Council of Textile Organizations (NCTO) has voiced strong support for a newly proposed US measure that seeks to eliminate the de...

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