Manufacturing Industry

Sourcery introduces a transparency solution for the value chain of cotton

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Worldwide sourcing arrangement The Impact and Assurance initiative, which Sourcery has introduced, is supposed to provide transparent and traceable primary data collecting along the cotton value chain. Sourcery claims that its transparency effort gives the cotton value chain access to primary data that is pertinent to a particular place and has been independently verified. It …

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Garment Mantra Lifestyle Ltd. is establishing a Surat wholesale hub

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According to a statement made by Garment Mantra Lifestyle Ltd, the Garment Mantra group plans to open a wholesale centre in Surat, Gujarat, to serve clients from the western, northern, and central regions of the nation. To maintain its position in the industry, Garment Mantra has partnered with textile companies situated in Surat to manage …

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New cotton seed varieties are supported by a House panel to increase productivity

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India urgently needs new varieties of cotton seeds and plants acclimated to the soil and climate to increase cotton production, according to a recent report by the Parliamentary Standing Committee on Labour, Skill Development, and Textiles. According to data from the Ministry of Textiles, India possessed the world’s largest cotton acreage in 2022–2023—13,061 lakh hectares. …

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In January 2024, the China E-Commerce Logistics Index experiences growth

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According to the China Federation of Logistics and Purchasing, China’s e-commerce logistics index increased to 112.8 points in January 2024, a 0.4-point improvement over the previous month. The spike in the logistics volume sub-index, which hit 125.3 points in January—the highest level seen in over two years—is one of the most noteworthy highlights from the …

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Mexico’s clothing output declines in 2023

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According to the February 2023 edition of Inegi’s Monthly Indicator of Industrial Activity (IMAI), the fashion industry’s production divisions ended the 2023 fiscal year with negative output results. According to the Inegi report, December had a 6.8% decrease in apparel output when compared to the same month in 2022. In the meantime, a comparison of …

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The US court's ban on dicamba may raise the cost of cotton.

The US court’s ban on dicamba may raise the cost of cotton

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Given that the Arizona Federal Court prohibited the use of dicamba chemicals for the 2024 harvest, higher cotton prices in the US could be on the horizon. Farmers often use the weed pesticide dicamba. Trade associations for the industry have expressed displeasure with the results, pointing out that over 75% of US cotton acres are …

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In Budget 2024, apparel exporters hope to increase manufacturing through tax breaks

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The Apparel Export Promotion Council (AEPC) demanded tax benefits like increased interest subsidies and uniformity in GST on Wednesday to boost domestic manufacturing and India’s exports abroad. The AEPC has also asked for tax exemptions for clothing producers who adhere to international quality standards and other environmental, social, and governance (ESG) requirements. The council also …

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At a 6.4% CAGR, compression clothing is expected to reach US$ 4.03 billion by 2028

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An outlook for the Compression Garments and Stockings worldwide Market Report 2024 has been provided by the Business Research Company’s newest worldwide market report. This thorough study examines the market structure, segment estimations, and developing trends to provide organizations with a competitive edge. The research provides crucial insights into industry performance by highlighting important drivers, …

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Tension in the Red Sea will affect clothing exports

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Beginning in the second quarter of 2024, Red Sea tensions are expected to affect Vietnamese exporters of clothing, textiles, footwear, and leather items, leading to delays in shipping and increased logistical expenses. Vice President and General Secretary of the Vietnam Textile and Apparel Association (VITAS) and the Vietnam Leather, Footwear, and Handbag Association (Lefaso), Truong …

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The apparel meet in West Bengal generates Rs. 850 crore in revenue

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An official release stated that the West Bengal Garment and Manufacturer and Dealers Association (WBGMDA) hosted the 55th edition of the Garment Buyers and Sellers Meet, which resulted in a staggering Rs. 850 crore in wholesale transactions. The three-day event attracted almost 900 notable national and international firms, underscoring the importance of the occasion. “This …

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